Tuesday, October 29 2019 15:37
Karina Manukyan

Police revealed concealment of turnover of 700 million drams in the  "Republican" stadium

Police revealed concealment of turnover of 700 million drams in the  "Republican" stadium

ArmInfo. The Main Directorate  for Combating Organized Crime of the RA Police revealed facts of  concealment of a turnover of 700 million drams in the "Republican"  stadium named after Vazgen Sagsyan.

It turned out that from November 2003 to July 2018, the management of  the stadium under the jurisdiction of the Football Federation of  Armenia carried out entrepreneurial activities without the permission  of the RA Ministry of Finance. In particular, a flower wholesale  market was organized, the profit of which was partially fixed. As a  result, the turnover of 700 million drams was concealed, and the  amount of unpaid taxes exceeded 97.8 million drams. As part of the  state duty for the license, the state suffered damage of 2 million  drams.

During the preparation of the relevant materials, the persons  involved in this illegal entrepreneurial activity were subjected to  drive.  The criminal case materials were sent to the State Revenue  Committee for further investigation. Detective activities are  ongoing.

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