Finance Ministry investigators arrest one for tax evasion involving $546,379

The Investigation Service of the Ministry of Finance of Georgia on Friday said it had detained one individual for evasion of ₾1.5 million ($546,379) in taxes.

The body said its investigation revealed the individual, who served as the head of a company and its actual owner, had systematically misdeclared income.

The body said the alleged offender was facing charges carrying a potential prison sentence ranging from five to eight years.