Acacia is again facing a serious hardship following accusation for involvement in criminal offences of tax evasion in Tanzania. - Issa Michuzi | PressTZ - Your Number 1 Source of Aggregated Online Content

 

Acacia is again facing a serious hardship following accusation for involvement in criminal offences of tax evasion in Tanzania.


Today, the then Vice President Corporate Affairs of Acacia, Mr Deo Mwanyika (front)  and Mr. Alex Lugendo - Chief Advisor - Government Relations (between policemen), together with Pangea Minerals Limited, North Mara Gold Mine, Exploration Minieres Du Nord Ltee and Bulyahulu Gold Mine Limited, were brought by the Director of Public Prosecution in Tanzania before Resident Magistrate's Court at Kisutu, Dar es Salaam  to answer  charges for  offences of conspiracy to commit  organized crimes of defrauding the Government of Tanzania,  money laundering, tax evasion and corruption.  
On diverse  dates and places, between 2008 to 2017, the accused are alleged to conspired  in committing crime of tax evasion.  In a 39 Counts charge sheet, the six accused are alleged to have committed serious crime related to non-remittance of tax withheld; non-payment of tax upon payment; unlawful cash distributions; non-payment of corporate tax on profit distributions; non-payment of withholding tax o... Continue reading ->


Source: Issa MichuziRead More