Tax evasion of more than 20 billion VND, man specializing in purchasing acacia wood was arrested
After purchasing acacia wood, Bui Ngoc Dung sold it to a series of companies but did not declare and pay taxes.
On February 7, the Investigation Police Agency of Quang Nam Province Police said that it had just served the decisions to prosecute the case, prosecute the accused and issue an arrest warrant for temporary detention, and a search warrant for the residence and workplace of Bui Ngoc Dung (born in 1976, residing in Tam Hiep commune, Nui Thanh district) for tax evasion.
According to the case file, from 2021 to 2024, Bui Ngoc Dung purchased acacia wood and resold more than 1 million tons to PISICO Quang Nam Forest Products Joint Stock Company (address: Tam Nghia Industrial Cluster, Nui Thanh District) for over VND 1,343 billion.
The subjects legalized documents under the name of employees of PISICO Quang Nam Company to evade taxes with an amount of up to more than 20 billion VND.
In addition, the investigation results also determined that Bui Ngoc Dung bought glue and resold it to Phu Hao Tien Phuoc Company Limited (address: Tai Da Industrial Park, Tien Phong Commune, Tien Phuoc District) over 421,990 tons, worth nearly 500 billion VND; sold to Binh An Phu Paper Materials Company Limited (address: Tai Da Industrial Park) over 169,993 tons, worth over 205 billion VND and many companies in Quang Nam province but did not declare and pay taxes.
Currently, the Investigation Police Agency of Quang Nam Province is continuing to investigate and expand the case.
