aA
Lithuania's Financial Crime Investigation Service (FNTT) has busted a group of Lithuanian and Latvian nationals who imported 50 tons of refined rapeseed and sunflower oil and sugar into Lithuania from Poland per week without paying the value-added tax (VAT).
FNTT offices
FNTT offices
© DELFI / Šarūnas Mažeika

The international organized group, which was uncovered by investigators from the FNTT Kaunas Regional Board, failed to pay almost 200,000 euros in VAT to the Lithuanian state, the service said.

The group consisted of six individuals from Lithuania and Latvia, it said, adding that the number of suspects might increase.

According to the investigation, a company owned by several Latvian nationals purchased large quantities of refined sunflower and rapeseed oil and sugar from European-based producers.

These products were shipped to Lithuania and sold to a Kaunas-registered wholesaler that supplied them to retail chains and food product manufacturers.

In an effort to reduce the VAT payable, a fraud scheme was devised to create a chain of illegal transactions between producers and the direct buyer. The chain involved at least six fictitious firms headed by Latvian and Lithuanian nationals.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Famous Lithuanian poet Navakas dies

Famous Lithuanian poet Kestutis Navakas died on Sunday at the age of 55.

Another original copy of Feb 16, 1949 declaration found (1)

Staff members of the Lithuanian Special Archives have found another original copy of the Declaration...

Linguists: Lithuania needs to accept life with English language and change law (1)

Lithuania's Law on State Language needs to be amended and adapted to the existing reality, linguists...

February in Kaunas: theatre and dance

The January blues is over, and Kaunas is ready to rumble. Our cultural institutions are busy...

Zebriunas’ film “The Girl and the Echo” to be screened in France

Arūnas Žebriūnas ’ film The Girl and the Echo (1964) was acquired for distribution in France ....

Top news

Ex-Pentagon chief Mattis awarded by president

Lithuanian President Gitanas Nauseda awarded 34 Lithuanian and foreign nationals for their merits to...

Ukrainians coming to Lithuania to work should be better informed about working conditions

Ukrainians coming to Lithuania to work should be better informed about working conditions after...

Lithuania chose its song for ‘Eurovision’!

Lithuania’s 'Pabandom iš naujo!' has come to an end. After 3 heats, 2 semi-finals and Saturday’s...

Google presented Lithuanian initiative to world

The Internet giant Google has presented its video about Debunk EU during the Google News...

Famous Lithuanian poet Navakas dies

Famous Lithuanian poet Kestutis Navakas died on Sunday at the age of 55.

|Maža didelių žinių kaina