Over N$100 million siphoned from Namibia through ghost companies

Home Uncategorized Over N$100 million siphoned from Namibia through ghost companies

The Namibia Revenue Agency (NamRA) says it has uncovered suspicious transactions worth more than N$100 million that were sent outside of Namibia, primarily to South Africa, and then on to Asia and Europe. The national tax collector Commissioner Sam Shivute said the transactions were done by tax evading businesses using ghost companies. In most cases, […]
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