RUSSIA’S CHERKIZOVO UNDER SUSPICION OF TAXES’ NONPAYMENT

RUSSIAN law-enforcement agencies have said they will conduct a detailed investigation into criminal allegations against Cherkizovo, Russia’s leading pork and poultry producer. The management of the company is suspected of using illegal offshore financial schemes for paying dividends and lowering taxes, according to a spokesman of the Russian interior ministry has recently said. Its official representative Irina Volk claimed that the government has lost Russian Roubles RUB300 million (USD5 million) in owed taxes as a result. The ministry official said Russian ...


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