Prosecutors from the Romanian Directorate for Investigating Organized Crime and Terrorism (DIICOT) held Turkish businessman Halil Bulut for 24 hours, on charges of tax evasion, money laundering, and setting up an organized crime group, Romania-Insider informs.
Bulut, nicknamed the “biscuit king” in Romania, is the owner of Rostar, one of the biggest local producers of biscuits and crackers.
The members of the crime group were issuing fictitious invoices according to which the company had acquired goods and services from ghost providers. These purchases were then registered in Rostar’s accountancy books, to reduce the company’s tax obligations to the state budget.
The prosecutors also imposed precautionary measures amounting to EUR 13.63 million.