The Zambia Revenue Authority (ZRA) is not able to collect K300 million (K300 billion) because close to 100 files are missing in the office of Director Investigation at ZRA ex-convict and Patriotic Front cadre George Siame. According to the Zambian Watchdog investigations, the development has resulted in the revenue authority under collecting by K 300 Million rebased. A clear explanation on how 100 files can go missing in an office is not yet available. But according to sources at the Ministry of Finance that oversees the Zambia Revenue Authority, the files went missing from period of January 2012 when Siame was re-employed to date.
Other sources suspect the files may belong to companies that are owned by PF cadres and sympathisers. ” We do not know how the 100 files have gone missing in an office at ZRA, what we know however is that K300 million new currency can not be collected because of the same. The Ministry of Finance will soon be writing to ZRA Management. It seems there is a very serious problem at ZRA” The source said.
Last week the Zambian Watchdog reported that an employee of ZRA had been dismissed for trying to collect K27 million rebased from two companies close to Director of Investigations George Siame. The Zambian Watchdog reported that Mr. David Siame an inspector was fired for following up un-paid taxes at Blue Finance and Enfin. Meanwhile it has come to the Zambian Watchdog’s attention that Enfin is not one of the companies but Nedfin Finance. We sincerely apologise for the mix up.