11:30 13.12.2016

Organosyn pharmaceutical company claims unlawful actions by law enforcers

2 min read

KYIV. Dec 13 (Interfax-Ukraine) – Accusing Organosyn Ltd. pharmaceutical company of tax evasion by the main investigation department of the National Police of Ukraine is unlawful, lawyer of the company Mykola Pavlenko said at a press conference at Interfax-Ukraine on Monday.

"The main investigation department of the National Police took the liberty to investigate a tax infringement, while according to Ukrainian law it does not have the right to do this," he said.

Along with accusations of tax evasion, the main investigation department suspects Organosyn of producing fake medicines. Earlier the company denied these accusations, the lawyer said.

Pavlenko said that the department ignored tax inspection acts, data from the State Fiscal Service and the Scientific Research Institute of Forensic Expertise that do not have grounds for Organosyn being held criminally responsible.

He said that the department ordered the expertise from Sova LLC that in short terms made a conclusion that there is a fact of tax evasion. Then a petition to arrest assets of the company's owner Manav Jassal appeared.

Organosyn is outraged with the fact of accusations against the head of the company with 100% foreign capital and the non-observation of the proper inspection procedure.

"Investigators did not consider it necessary to present accusations in the proper way. They did not provide for an interpreter, did not inform about rights and liabilities and restrictions imposed on the suspect," Pavlenko said.

He said that employees of Sova LLC are former representatives of law enforcement agencies.

President of the Indian Pharmaceutical Manufacturers' Association in Ukraine (IPMA) Dr. Ramanan Menon said that the association has not received any information about fake medicines.

"Organosyn creates many jobs and invests in Ukraine. One should understand that these situations influence the investment climate in the country," he said.

Organosyn Ltd. is an Indian pharmaceutical company, a member of IPMA. It produces generics. The company has been operating on the Ukrainian market since 1996.

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