The Ukrainian tax authorities have frozen $7.5 million held in the bank accounts of local companies which are part of the WebMoney payment system, the Ukrainian Ministry of Incomes and Fees said in a statement.
The tax authorities had already searched the company’s Kiev office and revealed a high number of violations committed by the company which acts as the guarantor of the payment system’s work. In particular, the company failed to coordinate its work with the national Bank of Ukraine.
