|Le Van La and Nguyen Thi Dau. — File Photo
HA NOI (VNS) — Viet Bac Mines Import-Export Stock Company has been prosecuted for misusing its rights to usurp assets and trade value-added tax (VAT) invoices.
The Ha Noi Police also prosecuted Le Van La, a company's employee, on the same charges.
Accused Nguyen Thi Dau has been prosecuted for illegally selling value-added invoices.
According to the police, La, who was a staff of the business section of Viet Bac Mines Import-Export Stock Company, colluded with Dau to set up 8 "ghost" companies for selling VAT invoices to legalise input goods that had no origin.
In the collaboration, La was in charge of dealing with Mine Exploitation Company in Quang Ninh Province to sell them equipment.
Although La provided the company with equipment without origin, he noted in their contracts that they were brand new products from Japan, the United States, and Germany.
Thus, La and Dau acquired large amounts of money through tax evasion and increased real value of contracts.
La and Dau used 8 "ghost" companies to provide VAT invoices to customers.
Between 2010 and 2014, La transferred VND144 billion (Ú$6.6 million) to Dau's account through the "ghost" companies.
Dau took 5-10 per cent of the total money as commission.
The police are widening the scope of investigation into the dealings of the accused. — VNS