As a result of operative-searching and investigative activities, representatives of investigation service of the Ministry of Finance of Georgia detained two heads of the two companies on the fact of manufacturing and use of forged payment documentation and imposing considerable damage to the property of owner by deceit.

An investigation has revealed that the accused persons, in order to obtain illegal material profit, on behalf of the companies under their management, using forged tax documentations, conducted fictitious supply operations of wooden materials between each other thus creating feigned surplus for one of the companies resulting in a composition of VAT assets, which was subsequently partially used to cover current budgetary liabilities. The damage to the budget exceeds GEL 100,000.

The investigation is under way under second part of article 220 and the third part of article 185 of the Criminal Code of Georgia, which envisage imprisonment from 4 to 7 years.