KGB: Businessman Yury Chyzh arrested on suspicion of felony tax evasion

Yury Chyzh, the owner of the Triple conglomerate, was arrested by KGB officers on suspicion of felony tax evasion, an offense penalized under Part Two of the Criminal Code’s Article 243, Dzmitry Pabyarzhyn, spokesman for the Committee for State Security.

 
Yury Chyzh, the owner of the Triple conglomerate, was arrested by KGB officers on suspicion of felony tax evasion, an offense penalized under Part Two of the Criminal Code’s Article 243, Dzmitry Pabyarzhyn, spokesman for the Committee for State Security (KGB), told BelaPAN on Sunday.


Photо by.tribuna.com

A number of other persons were arrested in the case along with Mr. Chyzh, the KGB spokesman said.

All those arrested were placed in the KGB detention center in Minsk, Mr. Pabyarzhyn said.

According to unofficial sources, the 52-year-old Chyzh was arrested in a raid on the Triple conglomerate’s head office in Minsk on Friday evening.

Mr. Chyzh is often described as the wealthiest businessman in Belarus.

In March 2012, the European Union added Mr. Chyzh to the list of Belarusian individuals subject to an entry ban and an asset freeze for their role in Alyaksandr Lukashenka’s crackdown on political opponents.

In October 2015, the EU General Court abolished the restrictive measures against Mr. Chyzh and entities controlled by him, including the soccer club FC Dynama Minsk.

After considering the Belarusian business tycoon`s lawsuit seeking the abolition of the sanctions, the Court found that the Council of the European Union had «provided no evidence showing that Mr. Chyzh financially supported» the Lukashenka regime and ruled that the sanctions were not justified.

In 2013, Mr. Chyzh was awarded the Third-Class Order of the Fatherland by the Belarusian leader.