Polymer Pipe Company’s E DG Found Guilty of Tax Evasion

12 July 2012 (14:29)

Verkh-Isetsky investigative department of Yekaterinburg’s division of Russia's Investigative Committee in Sverdlovsk Region and the prosecution’s evidence proved sufficient for the court to return a verdict on a 48-year-old Yekaterinburg dweller, the former director of Polymer Pipe Company.

The man was found guilty of committing a crime described in Article 199.2 of Russia’s Criminal Code (withholding data on the company’s money that should be used for the payment of taxes).

The inquiry team and the court determined that the offender knew his company owed over 23m RUR in taxes but concealed information on over 46m RUR worth of funds between October 2006 and March 2011 instead of paying off the debt.

The court sentenced the accused to a 250,000 RUR fine.

Other materials on the topic::