Authorities find faults with Brilliant and Kirovskiy

Sverdlovsk Region’s public prosecution authorities and Ural State Assay Surveillance Inspection detected some violations in the way OOO Brilliant and ZAO Supermarket Kirovskiy dealt in precious metals and stones, the spokesperson for the prosecution authorities reports.

The inspection of Brilliant revealed that, despite the existing legal norms, the company did not inform Rosfinmonitoring (the state watchdog responsible for counteracting laundering proceeds from criminal activity and terrorist financing) of its transactions. The public prosecution authorities found out that Brilliant failed to hand in information about over 2 million RUR worth of transactions.

The prosecution authorities of Yekaterinburg’s Verkh-Isetskiy district demanded that OOO Brilliant and its director face administrative liability in accordance with Article 15.27 of the Russian Federation Administrative Offense Code and pay fines of 10,000 RUR and 50,000 RUR, respectively. The company’s executive officer will also face disciplinary liability.

It was also determined that certain sole traders and other businesses were also guilty of violating the jewellery sales regulations, namely, S. Kameneva from Nizhniy Tagil, L. Malakhova from Alapayevsk, and Yekaterinburg-based ZAO Supermarket Kirovskiy. The prosecution authorities have already taken some measures to respond to these offenses.

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