"Kauno grūdai"

One of Lithuania's biggest agricultural companies Kauno grūdai has launched an internal investigation after suspicions arose that former employees could have embezzled value added tax (VAT).

Kauno grūdai insists that the company itself does not participate in tax fraud.

Moreover, the company says it has handed over all documents relating to businesses and transactions requested by the tax authorities and financial fraud investigators.

“In order to further transparency and distance ourselves from the fraud, suspects of which are no longer employed by the company but will have to take responsibility, we have started an internal investigation,” said the company's vindication project manager Darius Amšiejus.

Eight employees of the company are suspected to have hidden about €389,000 of taxes.


Rozova: SSD report contains nothing to make me national security threat

Lithuanian MP Irina Rozova says an intelligence report based on which she was denied access to...

320 kg of drugs busted in Lithuania and Latvia during international operation

A shipment of 320 kilos of drugs has been seized during an international operation in Lithuania's...

Nauseda criticizes transport minister's 'chaotic' performance (1)

Lithuanian President Gitanas Nauseda has says he has a negative opinion about Jaroslav Narkevic 's...

President adviser: Nauseda won't cross red lines opening dialogue with Belarus (1)

Lithuanian President Gitanas Nauseda is open to a dialogue with Belarus but will not cross the red...

American author writing on Holocaust: past serves as a warning how things can go between nations (1)

From Facebook to Donald Trump's impeachment. American author Timothy David Snyder who specializes in...