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Phoenix Capital owner leaves Ukraine after losing Tax Service Case
Journal Staff Report

KIEV, June 21 – The owner of Phoenix Capital, Oleksandr Omelchuk, has left Ukraine after losing a case heard by the court of appeals against the State Tax Service, the wife of Omelchuk, the opposition lawmaker Lesia Orobets, has reported in her blog, saying that the court ruling was ordered by the authorities.

According to information published in the court information system, the Economic Court of Appeals in Kiev upheld a ruling of the District Administrative Court in Kiev, which rejected a claim of Phoenix Capital against the tax service, in which the claimant asked that certain tax service decisions be declared illegal and cancelled.

"The court left the counterclaim of Phoenix Capital LLC without satisfaction and the ruling of the district administrative court in Kiev of March 4, 2013 unchanged," reads a court ruling of June 12, 2013.




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