As a result of operative-searching and investigative activities carried out, representatives of Investigation Service of the Ministry of Finance of Georgia, initiated criminal prosecution against four persons on the fact of damaging the state budget by deceit and illegal misappropriation of state budget funds by manufacturing and using forged tax documents, as a group.

Investigation determined that the accused persons, in prior agreement, in order to receive illegal material benefits, on behalf of the companies under their management, issued forged tax invoices amongst each other, as if they were selling household items, thus created counterfeit VAT assets in the amount of GEL226 402. Part of which was used to cover current tax liabilities, and other part was withdrawn from the state budget in the form of cash.

Investigation is underway under the Articles 210, 185 and 180 of the Criminal Code of Georgia, which envisages imprisonment from 4 to 7 years.