Spectator on facebook

Spectator on facebook

NEWS BRIEFS

Police detain VAT fraud specialists

A POLICE investigation has charged 19 people with forming an organised criminal group and committing value-added tax (VAT) fraud of Sk750 million (€19 million), the news wire TASR wrote.

Eleven people have been detained, four others are known to be outside of Slovakia, and others remain at large, the police said.

The group operated through at least 15 companies all around Slovakia, registering them as VAT payers. However, executive agents at the companies were fabricating invoices for purchases that were never made.

The group also organised cashless transactions among particular companies to create documents aimed to mislead tax authorities.

When tax bodies approved the excessive VAT payment, the companies received at least Sk635 million (€16 million) in refunds, but a second inspection halted the payment of a further Sk121 million (€3 million) to the companies.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.