Fenox's turn: Influential business owner detained on suspicion of tax evasion


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Vital Arbuzau, a co-owner of Fenox Global Group, was arrested on suspicion of tax evasion.

“Arbuzau was detained on Wednesday. Last year it was known that law enforcement agencies took issues with him, and he did not appear in the country for some time. Then the problems seemed to be solved; but it turns out that not all [has been fixed],” a source told news portal tut.by.

“The Department of Financial Investigations of the State Control Committee is working on Arbuzau’s case. He is suspected of tax evasion (Art. 243 of the Criminal Code),” said another source.

Vital Arbuzau was out of reach on Wednesday evening. The press service of the State Control Committee did not confirm or refute the arrest.

According to ej.by, Arbuzau was Nr 11 in the top 200 most influential Belarusian businessmen. He is Chairman of the Board of Fenox Global Group and Chairman of the Board of Fenox Venture Capital. Fenox Holding includes, in particular, Fenox Automative Somponents (production and distribution of automotive components), Fenox Retail (Preston stores), Fenox Construction (real estate investment).

belsat.eu following tut.by, ej.by

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