TBILISI, DFWatch–The Finance Ministry’s investigation service is going through the accounting documents of Gulf, one of the largest oil retail companies in Georgia.
According to the vice president of the company’s marketing department, the service entered their premises last Thursday to study Gulf’s financial activities.
She told journalists that this is the first time there is such an audit of the company. The company is cooperating with the investigation service, which is not obstructing their normal operation.
Representatives of the investigation service said they are looking for signs of possible illegal tax avoidance, but avoided going further into detail until the investigation is completed.
One of Gulf’s owners is the businessman Davit Iakobashvili, a resident of Russia. The company owns about 140 filling stations in Georgia.