LONDON United Co. Rusal
has rejected claims of tax evasion that led Russias
Investigative Committee to raid its Moscow offices.
Investigators searched the
offices Feb. 26 over claims that Rusal Foil, a subsidiary of
the Moscow-based company, failed to pay profit and value-added
taxes of 200 million roubles ($6.54 million). The Investigative
Committee opened a tax evasion case against Rusal Foil head
Igor Kasyanov in early February.
But Rusal has largely dismissed
the claims, adding that a Moscow Arbitration Court ruling on
the tax claims hasnt gone into effect.
"The actions of law-enforcement authorities in UC
Rusals office are connected with groundless claims by the
tax authorities and investigation department of the Moscow
Investigation Committee (with regard) to Rusal Foil and to
Rusal Foil management," the company said. "(The) Rusal press
office notes that the decision of the Moscow Arbitration Court,
on which the claims are based, did not come into effect and
will be appealed by the company."
A version of this article
was first published by AMM sister publication Metal