15:35 07.09.2017

Prosecutor General's Office raids head office of Astarta

Prosecutor General's Office raids head office of Astarta

One of the largest agricultural and industrial holdings in Ukraine Astarta has said that on September 6, 2017 the Ukrainian Prosecutor General's Office (PGO) raided its head office.

"Today, on September 6, the office of Astarta-Kyiv was raided with participation of armed law enforcers in violation of procedural requirements initiated by the Prosecutor General's Office of Ukraine," the company said in a statement.

Astarta believes that the steps of the law enforcers are excessive and groundless.

"The corporate management of Astarta's enterprises complies with all the principles of transparency. The company today, as always, has cooperated constructively with regulators on giving testimony, explanations and documentation. Therefore, the use of 'force' scenarios is completely groundless. It looks like unprofessionalism, or the open pressure on business," the company said.

Astarta said that for several hours the operations of the company and its enterprises was blocked over the raid. In addition, some of its accounts are currently blocked.

However, according to the report, all production processes at its enterprises continue as usual.

"We expect that in a few days all temporary restrictions will be lifted and we are taking measures to prevent these excessive actions from the side of regulatory agencies in the future," the company said.

The company's management appealed to the PGO and the country's leadership regarding the inadmissibility of the forceful pressure on business and intends to contest the actions of the law enforcers as it is prescribed by law.

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