Uros Technology Executives Facing Gross Aid Fraud Trial in Finland

Man on Trial for Allegedly Obtaining Millions in Development Loans through Deception

The trial of Uros Technology company founders Jyrki Hallikai and Tommi Uharia for gross aid fraud against Business Finland is set to begin. This comes after the company was allegedly tricked into giving Uroksen loans and grants of over six million euros. The suspects denied the acts during the preliminary investigation, despite claims from the police suggesting otherwise.

The trial begins with a preparatory session, and the accused are not obligated to participate. The main hearing is expected to commence in April, where the prosecutor’s subpoena application and the police’s preliminary investigation will be made public. The allegations against Uros involve providing misleading information to Business Finland and concealing facts that would have been essential in obtaining the grants.

During the alleged crimes, Uhari was the company’s CEO, and Hallikainen was the chairman of the board. Since then, Uros has declared bankruptcy with debts of at least 13.5 million euros and minimal cash reserves. Despite this, their trial is expected to be both complex and widely publicized as they continue to face allegations of gross aid fraud.

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