N$36 million

NamRa tax fraud increases to N$36 million<br>…10 criminal cases registered

NamRa tax fraud increases to N$36 million
…10 criminal cases registered

Obrein Simasiku About N$36 million has been discovered through a high level 90-day investigation to have been defrauded from the Namibia Revenue Agency (NamRA) through provisional tax refunds, a double increase from the N$15 million announced earlier in March, before the agency moved to effect a moratorium on refunds in an effort to crack down on fraudsters. The moratorium has however been lifted as of today, according to NamRa's commissioner Sam Shivute, who said the agency is now working towards cracking down on those involved and recoup the misappropriated millions. The investigations began in March when it was discovered that…
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