A company’s director and manager are under arrest, suspected of grant fraud of over 575 thousand euros

A company’s director and manager are under arrest, suspected of grant fraud of over 575 thousand euros

A company’s director and manager are under arrest, suspected of grant fraud of over 575 thousand euros

Kosovo police have arrested two people under suspicion of fraud over accepting funds from the international community.

The suspects, with the initials H.L. and T.M., are the director and manager of a company.

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They are allegedly misusing a total of 62 thousand and 902 euros from two grants worth 575 thousand and 736 euros.

The first grant has been earned in value of 293,500.00. It is suspected that the total amount of this guarantee has been misused $23,000.000 by presenting false reporting that the cost lines for the purchase of machinery have been realised overall, police reporting reported.

)The second grant has been acquired in value of $228,236.00, out of this amount has been misappropriated, $3902.00, offering false reporting that the purchase lines for machinery have been realised overall.

According to police, suspects have allegedly filed false reports on the purchase of machinery, claiming the expenditures were fully realised.

During the investigative process, it has been proven that suspects from these two grants have managed to misuse monetary means worth 62,902,000 in the table. )

After interviewing in the presence of defence lawyers, at the order of the prosecutor, both have been detained for 48 hours.

Source Layer: Insander

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A company’s director and manager are under arrest, suspected of misusing over 620,000 euros from international grants

A company’s director and manager are under arrest, suspected of misusing over 620,000 euros from international grants