The ZRA team of inspectors entered the premises just shortly before midday and visited the accounts section as panic gripped senior management officials who attempted to leave the premises but the alert officers directed that no one should leave the premises until their inspection was completed. Some managers are reported to have attempted sneaking out some documents which were to make ZRA work easier.
It was not certain whether Post newspaper owner Fred Mmembe, who of late has been attacking the PF government after his close ally Wynter Kabimba was fired from his position of Secretary general and justice minister was at the premises.
And a ZRA official has said the decision to block managers from leaving the premises was aimed at ensuring that no vital documents leave the premises. ZRA inspectors were still at the premises by 15:00hrs, though details of their findings are only likely to be availed later.
The company has reportedly been evading tax and other statutory payments like NAPSA. Fresh on the mind is the refusal by Mmembe and his business partner DPP Mutembo Nchito’s refusal to repay a Development Bank of Zambia (DBZ) loan amounting to more than K14 million. With interest rates and penalties the company’s debts could be in hundreds of millions.