KGB: Yury Chyzh is arrested for tax evasion
Owner of the group of companies Triple Yury Chyzh has been detained by KGB for major tax evasion, head of the KGB press service Dzmitry Pabyarezhyn told BelaPAN.
A number of other suspects have been detained together with Mr. Chyzh, the KBG spokesman added. The businessmen is suspected of violating part.2 of article 243 of the Criminal Code of the Republic of Belarus – Major Tax Evasion. He is facing up to 7 years of imprisonment and confiscation of property. He may also be forbidden to participate in certain activities.
Sums exceeding the base amount by 2500 times (Br525 million) are classified as major tax evasion.
All the detained are in KGB prison now. An investigation is in process.
Chyzh was detained on the evening of March 11. The authorities and security agencies would not comment on it for a long time.
Yury Chyzh is one of the best-known Belarusian businessmen. He used to be on the EU black list for financing the Lukashenka regime with the help of the company Triple. Besides business, he was involved in sports. In particular, he was the head of the observation council of FC Dynama-Minsk.
