XXL.EE

ANNOUNCEMENT

 

CRIMINAL CASE AGAINST FORMER EMPLOYEE

 

The Management Board of AS XXL.EE has been informed of the 

following circumstances:

 

The Tallinn City Court opened a criminal case against the former 

import manager of AS PCT Group, Indrek Selg, based on provisions of 

section 2 clause 1-1 of §143 of the Criminal Code. Indrek Selg is 

accused of submission of fraudulent value added tax refund claim in 

the amount of EEK 2,381,600. The taxes were claimed to be refunded 

for export transaction that allegedly did not take place. 

 

The charges against Indrek Selg concern the activities of Mr. Selg 

in the second half of 1998, i.e. at the time the company was 

majority owned by AS Joss AK and managed by Mr. Alo Koop. To XXL.EE 

knowledge no other criminal or civil charges related to its 

activities have been preferred against XXL.EE.

 

AS XXL.EE (formerly AS PCT Group) has been recognized as defendant 

(Civil Code §449) in the aforementioned criminal case. If Indrek 

Selg is found guilty, and if the court rules that the Tax Office 

has suffered losses and that XXL.EE is responsible for the actions 

of Mr. Indrek Selg as its former employee, the losses may be 

claimed from XXL.EE after the court ruling becomes effective.

 

 

Arho Anttila  

arho@xxl.ee

Chief Executive

+372 62 83 601