IMC owner Poloczek to face money laundering charges

The owner of Iberia Motor Company (IMC), a group of around 30 companies operating in the automotive, financial and insurance sectors and the general importer of Seat cars to Poland, Krystian Poloczek, has been accused by prosecutors for theft and laundering of zł.12 million. The businessman claims he is innocent and hopes to prove so in court.

It was reported that between 2001-2002, Krystian Poloczek as the CEO of IMC signed five contracts with two companies, namely Remtex and Sewind, concerning the printing and distribution of 6.5 million flyers and price lists at a cost of zł.12 million.

According to prosecutors, the contracts were fictitious and funds were transferred to personal bank accounts. Krystian Poloczek, who is also the deputy head of the Confederation of Polish Employers, faces punishment of up to 10 years in prison.

Source: Puls Biznesu (A.K.)