{"id":6884,"date":"2022-01-10T09:09:24","date_gmt":"2022-01-10T09:09:24","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion"},"modified":"2022-01-10T12:26:36","modified_gmt":"2022-01-10T12:26:36","slug":"arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion","title":{"rendered":"ArcelorMittal bank account in Ukraine frozen over tax evasion"},"content":{"rendered":"

Africa-Press – Liberia. <\/strong><\/span>The bank accounts of ArcelorMittal in Ukraine have been frozen by a court after a senior executive at the company was accused of tax evasion, according to the Financial Times. According to the publication authorities in Ukraine have been conducting investigations into ArcelorMittal\u2019s tax dealing over the past few years.<\/p>\n

ArcelorMittal with its subsidiary ArcelorMittal Liberia here is currently seeking an extension of its Mineral Development Contract here with an amended MDA before the Liberian legislature for ratification.<\/p>\n

Though there is currently no accusation against the company over its tax dealing or an investigation, there has been a series of opposition against the extension of the company\u2019s MDA with prominent sons of the host counties kicking against the new deal.<\/p>\n

The Reuters news agency reported in 2019, that the Ukrainian authorities were conducting a tax audit of the company\u2019s operation. ArcelorMittal, Ukraine\u2019s biggest private foreign investor, has been in the spotlight after an environmental investigation at its plant in the city of Kryvyi Rih was launched this year.<\/p>\n

ArcelorMittal bought its steel mill in Kryviy Rih \u2014 Ukraine\u2019s largest and one of the biggest in Europe \u2014 from the state for $5.2bn in 2005. It says it has pumped an additional $4.8bn into the country since then.<\/p>\n

A Ukraine court was reported to have ruled in favour of a request from the prosecutor-general\u2019s office for the freezing of accounts, resulting in the halt of the company\u2019s financial transactions.<\/p>\n

Ukraine court documents accused ArcelorMittal group\u2019s chief financial officer in Ukraine of failing to pay tax arrears of 2.24bn hryvnias ($81m). The allegations are said to be based on investigations conducted by the counter-intelligence agency Security Service (SBU) and are the latest in a number of court cases and probes against the company over tax.<\/p>\n

For More News And Analysis About Liberia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Liberia. The bank accounts of ArcelorMittal in Ukraine have been frozen by a court after a senior executive at the company was accused of tax evasion, according to the Financial Times. According to the publication authorities in Ukraine have been conducting investigations into ArcelorMittal\u2019s tax dealing over the past few years. ArcelorMittal with […]<\/p>\n","protected":false},"author":84,"featured_media":6882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,237,234],"class_list":["post-6884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"\nArcelorMittal bank account in Ukraine frozen over tax evasion - Liberia<\/title>\n<meta name=\"description\" content=\"The bank accounts of ArcelorMittal in Ukraine have been frozen by a court after a senior executive at the company was ac ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ArcelorMittal bank account in Ukraine frozen over tax evasion\" \/>\n<meta property=\"og:description\" content=\"The bank accounts of ArcelorMittal in Ukraine have been frozen by a court after a senior executive at the company was ac ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-10T09:09:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-10T12:26:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/01\/img-61dc25e2859e9.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"882\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"ArcelorMittal bank account in Ukraine frozen over tax evasion\",\"datePublished\":\"2022-01-10T09:09:24+00:00\",\"dateModified\":\"2022-01-10T12:26:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion\"},\"wordCount\":318,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2022\/01\/img-61dc25e2859e9.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/arcelormittal-bank-account-in-ukraine-frozen-over-tax-evasion\",\"name\":\"ArcelorMittal bank account in Ukraine frozen over tax evasion - 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