Kaisa Liski lost the first part of her appeal in the Turku Court of Appeal

Kaisa Liski is appealing his criminal conviction handed down at the end of June.

Liski filed the complaint last week and its contents are not yet known. Presumably, it is about the compensations that the Kanta-Häme district court ordered Liski to pay to the creditors of Tavastia LKV Oy, i.e. in practice to the victims of the crime.

There is a total of 263,601 euros including interest to be reimbursed. The main creditors are the Taxpayer and the employment pension company Varma.

Kaisa Liski, who was the CEO of Tavastia LKV Oy between June 2017 and October 2019 at the time of the crime, was convicted of gross dishonesty of the debtor.

He had withdrawn the aforementioned 263,601 euros from the company in three different transfers, partly to his own account or otherwise transferred it outside the company. The names of the transfers in the accounting were “shareholder Kaisa Liski”; “Other receivables” and “Settlement account”.

Confessed his procedure

At the same time, the company was over-indebted and its equity was strongly negative. The company went bankrupt on October 29, 2019. The transfers caused a corresponding loss to the creditors.

Liski admitted the procedure in the recognition trial. The district court sentenced him to a suspended prison sentence of one year and two months.

Liski has not been sentenced to punishment before.

The district court ordered him to be banned from doing business for three years. Liski objected to the prosecutor’s demand, stating that he no longer has a business.

Called for an interruption

The Court of Appeal of Turku gave its first response to Kaisa Liski’s appeal on Wednesday. Liski had demanded – among other things – that the execution of the district court judgment be suspended to the extent that he is ordered to compensate the Tax Administration more than 67,891 euros.

The District Court had ordered Liski to reimburse the Tax Administration 169,303 euros. Liski claimed that the tax assessor calculated the estimated tax on the wrong basis. He brought up the fact that a significant part of the accounting periods at the time of the incident had been loss-making.

The tax administration opposed the claim.

The Court of Appeal rejected the claim. According to the Court of Appeal, a judgment without the force of law of the district court is enforceable in this respect. The appellant has not stated even partly sufficient reasons for suspending the execution.

The coffee shop is falling down

Tavastia LKV Oy was registered in Kaisa Liski’s hometown Hausjärvi. Even in 2017, the company had a turnover of more than two million euros and 19 employees.

Kaisa Liski previously also had a brokerage company called Boutique LKV. It has also ceased operations.

Before the district court verdict, Liski was the CEO of a café-restaurant in Hausjärvi. The company is heavily in debt. Creditors have filed for bankruptcy. He was also the CEO of a consulting company. The operation of the company in question is marginal.

In principle, the business ban imposed by the district court prevents working as CEO. It must be followed regardless of the appeal.