Mmegi

FIA notes spike in tax evasion

Tracking trends: FIA director general, Bopelokgale Soko PIC: PHATSIMO KAPENG
Tracking trends: FIA director general, Bopelokgale Soko PIC: PHATSIMO KAPENG

The Financial Intelligence Agency (FIA) noted suspected tax evasion cases worth P78.6 million in the first six months of last year, mainly done through business owners depositing revenue into personal accounts to avoid tax scrutiny.

The findings are contained in a report released by FIA this week on suspicious transaction reports between January and June 2024.

FIA researchers found that Zimbabweans were mainly involved in tax evasion, accounting for about P30.8 million, followed by Batswana with P22.4 million and Chinese business owners with P14.3 million.

Editor's Comment
Let’s fight GBV as a collective

Botswana for the longest time was known for her virulent peace with family being an enviable institution.As the media, we are also scared to be incessantly reporting on these bloody scenes where women are brutally murdered and worse, sometimes in front of their children and loved ones. Yes, we have reported cases where men were also brutally murdered by their loved ones, but such cases are a drop in the ocean.For the past two weeks, Botswana was...

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