Lawless actions of Economic (In) Security Bureau of Ukraine: AMIC ENERGY will appeal against groundless and illegal seizure of real estate

On August 18, 2022, the Economic Security Bureau of Ukraine (ESBU) published information about the arrest of the real estate of "one of the largest gas station networks." According to the information from the State Register of Property Rights for Immovable Property, the object of this fabricated attack by ESBU is an enterprise with foreign investments AMIC UKRAINE. The reason for the decision to arrest was the company's alleged tax evasion during 2015-2022, as well as its "connection" with the aggressor country.

AMIC UKRAINE considers both accusations groundless and unfounded and sees in ESBU’ actions the signs of deliberate illegal pressure on a foreign investor. AMIC UKRAINE strongly disagrees with ESBU's arbitrary accusations and will appeal against the illegal seizure to the court of appeal.

The situation is particularly outrageous in view of the fact that, while accusing AMIC UKRAINE of tax evasion, ESBU detectives deliberately, or due to incompetence, have failed to analyze the publicly available audited financial statements of the company. Notably, even a superficial analysis of this open information irrevocably refutes all the accusations made by the investigators.

The attempt to justify the seizure of the property of AMIC UKRAINE through "tax violations" looks especially absurd considering the data of the State Tax Service of Ukraine, according to which the company is one of the five largest taxpayers per liter of fuel sold.

No less far-fetched and baseless is the ESBU argumentation regarding the alleged Russian beneficiaries of AMIC UKRAINE: in the investigation materials, available to the company's lawyers, the accusation of connections with the citizens of the aggressor country is based on a shocking piece of