Former construction firm’s CEO convicted of tax evasion released from prison on parole
MOSCOW, March 28 (RAPSI) – Ex-head of the Mostovik construction firm Oleg Shishov sentenced to four years in prison for evading 500 million rubles of taxes ($7.8 million) was released from a penal colony on parole, RIA Novosti reported on Tuesday.
On March 16, the Sovetsky District Court in the city of Omsk granted parole for Shishov.
Shishov was convicted and sentenced in September 2016. Prosecutors demanded a 5.5-year prison term for the defendant.
As it has been reported earlier, Shishov pleaded guilty and requested his case to be reviewed under a special procedure envisaging no examination of the evidence.
According to investigators, between 2009 and 2011 Shishov forged financial documents and tax declarations of Mostovik, falsely reporting completion of construction works in Vladivostok and other cities by outside contractors.
Investigators claimed that these contractors had not done any works and the projects were completed by employees of “Mostovik” itself. As a result, investigators said that Shishov evaded paying over 478 million rubles ($7.4 mln) in taxes.
Additionally, investigators alleged that Shishov embezzled 526 million rubles ($8.2 mln) received as advance payment for construction of the Omsk ring road.