[Summary translation prepared by Business & Human Rights Resource Centre]

Head of Poltava Mining and Processing Plant suspected of tax evasion of more than UAH 2 billion, November 3, 2023

The head of Poltava mining and processing plant in Ukraine was informed of suspicion of tax evasion of more than 2 billion hryvnia. This was reported to the Bureau of Economic Security.
The Bureau did not name the suspect, but it is likely that the suspect is the head of Poltava Mining and Processing Plant, Viktor Lotous.

According to the investigation, in order to evade taxes, the head of the plant entered false information into documents. Thus, during April 2018 - February 2021, the budget did not receive about UAH 2.2 billion in payments for the use of subsoil of iron ore deposits.