The Blue Ocean case has been well established since last spring. The company, which allegedly relates to Roman Abramovich, had debts to the state of €14m (VAT for the period 2005-2010).
As philenews had revealed on 5 June, the Tax Commissioner, Sotiris Markides, initiated procedures to reconstitute the company (it had been struck off) and take legal action against its officials during the disputed period (2005-2010) for which the taxation was imposed.
The new development in the case occurred last Friday. Following actions by the Tax Department, a criminal case was finally registered at the Court.
The sought result is to recover the sum of €25m (€14m for VAT plus interest). The news was reported by the Cypriot website CIREN, whilst it was also republished by other media of international journalistic consortiums, such as the Moscow Times and the Bureau of Investigative Journalism.
We don’t know if the target will be achieved, but certainly with the prosecution being pursued, a message is sent that the Tax Department will not remain inactive in such cases. As long as it moves forward with the same approach…
Φ.Μ.
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