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Malawi Revenue Authority (MRA) has doubled the amount in the tax evasion case involving Mapeto David Whitehead and Sons (DWS) from the K16.4 billion to a whooping K32 billion.
The tax invasion claim will rise from the already adjusted figure amounting to K16.4 billion to K32 billion when all the penalties and interests are included.
Anthony Chungu, One of the lawyers representing MRA said Thursday after attending court proceedings before the Chief Resident Magistrate, Jean Kayira in Blantyre Court that the amended charge sheet has an upward revision of the principle amount from the initial K10.8 billion to about K16.5 billion, did not include penalties and interests.
“Arrests follows a six week long examinations of documents.” Elusive and highly politically-connected Blantyre based business magnet, owner of Mapeto David Whitehead, Faisal Gaffar Latif has been arrested alongside his son, Muhammad, who is the company’s managing director and three other senior officials for defrauding the Malawi Government to the tune of K10.8 billion through […]