State fiscal service distrains Ukrnafta's assets worth UAH 7.6 bln as tax lien

12:25, 18.09.2015 1 min read

The State Fiscal Service of Ukraine has distrained assets worth UAH 7.6 billion belonged to public joint-stock company Ukrnafta as tax lien, the press service of the State Fiscal Service has reported.

"The State Fiscal Service has distrained assets of Ukrnafta making it a tax lien. As of September 14, 2015, the total sum of distrained assets is UAH 7.6 billion… the head office is permanently working on the additional distraining of assets, that is crude oil and gas, wells, property, vehicles, etc," reads the report.

The service said that Ukrnafta's debt to the budget is over UAH 8 billion.

As reported, the State Fiscal Service restructured debts of Ukrnafta for five months at 36% per annum.

National joint-stock company Naftogaz Ukrainy owns a 50% plus one share stake in Ukrnafta, while the group of companies related to the shareholders of PrivatBank holds about 42% of the shares.