The Ukrainian Metal

Ukraine: state coal miners embezzle 3.5 million UAH

Employees of a state enterprise engaged in coal mining were decreasing real price of the products thus damaging the state budget by 3.5 million UAH.

Since mid-2016 the employees have been decreasing the quality characteristics and price of coal and selling it to the controlled companies. After that the coal was sold at market cost under real quality indexes. The money received was turned into cash through converting centers. (Ukrainian metal)

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