The North Kazakhstan regional department of the Agency for Financial Monitoring has placed Grigory Otarovich Loria, born March 18, 1954, a citizen of the Republic of Kazakhstan and a native of the city of Gudauta in the Georgian Republic, on an interstate wanted list. He is the former president of the limited liability partnership Football Club Kyzyl-Zhar SK, the website infohub.kz reports.
According to investigators, he is suspected of embezzling budget funds and evading taxes totaling more than 414 million tenge.
In 2023, 1.7 billion tenge was allocated from the local budget to finance the football club's activities.
Investigators allege that the suspect, acting in collusion with the chief accountant and other individuals, used fictitious financial documents, arranged unjustified transfers of funds to personal accounts, and ensured that knowingly false information was entered into accounting and tax records.
In particular, tax declarations understated employees' income, the payroll fund and the organization's total annual income.
Anyone with information about the whereabouts of the wanted individual is asked to contact the Agency for Financial Monitoring by phone at +7 7172 70 84 78 — the duty desk.