Sunday, December 4, 2022

Top manager at ArcelorMittal alleged of helping company dodge $82 million in taxes

by Asami TerajimaNovember 17, 2021 10:33 pm
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(ukraine.arcelormittal.com)

On Nov. 17, the Security Service of Ukraine (SBU) charged an unnamed top manager at the ArcelorMittal Kryvyi Rih plant with manipulating the company’s documents to evade mining taxes from 2014 to 2019.

The company denied accusations, saying it paid all its taxes, and accused the SBU of “unfounded hostility.” According to the company, the SBU found no evidence after searching the suspect’s home.

The SBU stated that other company employees may have been involved in the alleged tax evasion scheme.

Asami Terajima
Asami Terajima
National reporter

Asami Terajima is a national reporter at the Kyiv Independent. She previously worked as a business reporter for the Kyiv Post focusing on international trade, infrastructure, investment and energy.

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