Friday, July 13 2018 16:20

ArmInfo. Instead of "Norfolk  Consulting", which will be liquidated before the end of July, a  company with state participation will be established, Chairman of the  State Revenue Committee of Armenia David Ananyan told journalists on  July 13.

At present, as Ananyan noted, the company continues its activities,  fulfills its former functions (cargo transportation, customs  clearance of documents) under the direct control of the Internal  Security Department of the Committee. Later, instead of "Norfolk" a  new joint-stock company with state participation will be established.  The new company will not duplicate the functions of the old one, but  will carry out intermediary brokerage services. In addition,  according to David Ananyan, of the total amount of the company's  damage to the budget  of $ 7 million, the company committed to repay  $ 5 million before July 20. "If the entire amount is repaid,  the  criminal case against Norfolk will be closed," he stated.

To recall, on May 25 the National Security Service of Armenia stated   that it revealed a criminal scheme in the framework of the fight   against corruption and economic crimes.  The large company Norfolk   Consulting Ltd. maliciously avoided paying taxes, fees and other   mandatory payments in especially large amounts. The Service found out   that the representatives of the Norfolk Consulting LLC often did not   declare and did not conduct properly through customs the goods    imported into the republic, thereby underestimating the funds due to    the state budget. In addition, the company created unequal  competitive conditions for citizens who imported the same goods. The   company did not pay about $ 7 million to the state budget, which is   equal to 3.3 billion drams. On the fact a criminal case was initiated   by the investigation department of the National Security Service. The   general director of the Norfolk Consulting LLC Armen Unanian and   three other responsible employees of  the company were arrested on   suspicion of committing a crime under  the article 205, part 2 of the   Criminal Code ("Evasion from payment of taxes, duties or other  compulsory payments") and part 2 of Article 308 ("Abuse of official   powers that entailed grave consequences through negligence") of the   RA Criminal Code.  Until recently, 7-8 organizations have been   operating in the republic that dealt not only with cargo   transportation, but also with the registration of customs documents.    By establishing "Norfolk Consulting" an attempt was made to  distinguish these actions in order to facilitate customs procedures   at the border for business entities.