SEVERAL CASES OF FALSE ENTREPRENEURSHIP REVEALED

Noyan Tapan
Dec 11, 2007

YEREVAN, DECEMBER 11, NOYAN TAPAN. The newly-created investigation
unit of the State Tax Service adjunct to the Armenian government is
investigating several cases of false entrepreneurship, most of which
include the use of false invoices. According to NT’s information,
particularly, in one case it was revealed that T. Oganova, the
director of VAV Technology LLC registered at the Nairi territorial
tax inspection of the State Tax Service, wrote out 60 invoices of the
total sum of over 366 million drams for various organizations but she
neither submitted any reports or calculations to the tax inspection
nor paid taxes. Tax liabilities of VAV Technology amounted to over
113 mln 980 thousand drams in 2006-2007. A criminal case was opened
by Article 205 Part 2 of the RA Criminal Code – Evasion from Taxes,
Duties and Other Mandatory Pauments of Especially Large Amounts.

The investigation into another case revealed that having come to a
preliminary agreement with a group of persons, G. Yeghiazarian, the
director of Glavp LLC, was engaged in false entrepreneurship in the
period from September 2005 to May 31, 2006: false invoices of over 532
million drams were written and given to 39 economic entities without
supplying any goods or providing any services, as a result of which
value added taxes (VAT) of 106 million drams (this is considered
evasion of "especially large amount") were not paid to the state
budget. It was also found out that in April-May 2006, this company
transferred about 79 million drams to the bank account of Harutyun
and Lusine LLC, and this sum was later cashed. The investigation also
revealed that in the period of April 2006 – February 2007, Harutyun
and Lusine LLC caused the damage of 132 mln 807 thousand drams to
the state by using false invoices.