Employees of the Territorial Department of the Economic Security Bureau in Kyiv region exposed a company selling oil products on large-scale excise tax evasion. The head of the company was served a notice of suspicion.

Analysts of the Territorial Department found that the company's officials concealed the real volumes of fuel sales and entered inaccurate data into the system of electronic administration of fuel and ethyl alcohol sales.

The company sold part of the fuel for cash without reflecting it in the financial statements. These actions resulted in excise tax evasion in excess of UAH 10 million.

During the pre-trial investigation, the detectives of the ESBU ensured that the company compensated the state for the losses in full. The funds have already been paid to the budget.

Currently, the criminal proceedings have been sent to the court with a request to release the person from criminal liability in connection with the compensation of the damages.

Prosecutors of the Kyiv Region Prosecutor's Office provided procedural supervision.

For reference: SEARPSE is an electronic administration system for the sale of fuel and ethyl alcohol which became operational on 1 July 2019. The system makes it possible to analyse the movement of petroleum products at all stages: from crossing the border with Ukraine or shipment from the factory to sale at petrol stations with all intermediate episodes of overloading, resale, etc.