Today, the trial of Uros begins in the district court. The founders of the technology company, Jyrki Hallikai and Tommi Uharia, are accused of gross aid fraud. The police have previously said that the suspects denied the acts during the preliminary investigation.
The case concerns product development loans and grants worth more than six million euros in total, which Uros received from Business Finland in the 2010s. At the time of the alleged crime in 2011–2015, Uhari was the company’s CEO and Hallikainen was the chairman of the board. Uhari left Uros some years ago, while Hallikainen has been its main owner since then.
In December 2020, Uros sold its subsidiaries to its parent company for around 25,000 euros. However, according to Business Finland, it became aware of matters that Uros had concealed and which would have led to funding not being granted if it had known about them at the time. The financier allegedly hid from Business Finland contracts by which results developed in financed projects were sold and handed over to a Luxembourg subsidiary.
The trial begins with a preparatory session today but without participation from the accused. The main hearing is scheduled to start in April when documents will be published on prosecutor’s subpoena application and police’s preliminary investigation. In October last year, Oulu District Court ordered cancellation of business transactions between Uros and its parent company due to lack of payment for purchase prices recorded as receivables in accounting records.