Tax specialists exposed scheme of illegal export of goods totaling 1.1 billion UAH

Tax specialists jointly with Main Directorate of the SFS in Vinnytsia region exposed scheme of export operations by registration of sale of agricultural products without confirmation of acquisition of the property right for specified goods.

Anti-money laundering department of Main Directorate of the STS in Vinnytsia region processed tax information and conducted analytical research regarding business entity (exporter). Results exposed operations that may be related to the legalization of proceeds (money laundering). It turned out that officials of the specified business entity hid a source of agricultural products totaling almost 1.1 billion UAH, which was later sold outside the customs territory of Ukraine.

Based on the research materials, a criminal proceeding was opened under Part 2 Article 366 of the Criminal Code of Ukraine. Investigative actions are ongoing.