/IRBIS, March 7, 01/ - The Great Silk Road World News Agency informs that Hurricane Overseas Services Inc. has been charged with tax evasion by the finance police of Almaty. Heads of the company are preparing a press release on the issue, according to the source.

Another source from law enforcement bodies said the tax committee of the Medeu district of Almaty, found that the company has not paid a total of KZT107.3 mln in taxes from 1998 to 1999. Legal proceedings have been initiated in compliance with the articles on tax evasion and violation of accounting rules.

By the data of SHNOS OJSC (Shymkent), Hurricane Overseas Services Inc. (Calgary, Canada) is a part of vertically integrated group of companies, which conducts extraction and processing of oil, sales of oil and oil products. The Group is lead by Hurricane Hydrocarbons Ltd. (head office in Calgary, Alberta, Canada) and it includes: SHNOS OJSC, Hurricane Kumkol Munai OJSC (HKM, Kyzyl-Orda, Kazakhstan), Hurricane Overseas Services Inc., Hurricane Investments CJSC (Almaty), Hurricane - Dostyk (Almaty) and Hurricane - Sairan LLP (Almaty).