In the Mangystau Region, the court found a representative of sole proprietor "A" guilty of illegally obtaining 117.2 million tenge in state subsidies for the construction of a holiday resort. He was sentenced to 5 years' imprisonment.
HOW THE SUBSIDY WAS OBTAINED
According to the prosecutor's office of the Mangystau Region, the representative of sole proprietor "A" used fictitious design and estimate documentation with inflated volumes of completed works in order to obtain a state subsidy for the construction of the holiday resort.
The investigation established that part of the declared construction works was not actually carried out. Moreover, the tourist facility had been built before the state support measures were introduced.
WHERE THE FUNDS WERE DIRECTED
After receiving the budgetary funds, they were placed on a bank deposit. As a result, additional income in the amount of 5.6 million tenge was obtained.
It is noted that placing the funds on deposit was used for the purpose of legalising money obtained through criminal means.
WHAT SENTENCE THE COURT IMPOSED
The Aktau City Court found the representative of sole proprietor "A" guilty of fraud on an especially large scale and the legalisation of money obtained through criminal means.
The court sentenced him to 5 years' imprisonment.
The verdict has entered into legal force.
WHAT THE PROSECUTOR'S OFFICE REPORTED
The prosecutor's office warns that the illegal receipt of budgetary funds allocated under state support programmes entails liability provided for by law.
