ZRA claims over K21.6 million recovered from Luanshya-based company

The Zambia Revenue Authority (ZRA) says it has recovered over K21.6 million in revenue following the conviction of Amfube Investment Limited for tax evasion by the Economic and Financial Crimes Court in Luanshya.

The recovery of the revenue was reportedly made after ZRA initiated criminal proceedings against Amfube Investment Limited located in Luanshya on allegations of providing false returns and statements, which is a violation of the Value Added Tax Act.

ZRA Manager for Corporate Communications Oliver Nzala confirmed this in a statement issued in Lusaka on Wednesday.

Facts presented before the court were that between 1 October, 2021 and 30 September, 2023 in Luanshya, jointly and whilst acting together with others unknown, in purported compliance with the law, the taxpayer provided information to ZRA purporting to show that Amfube Investments Limited was supplied with taxable supplies by different companies which were false in material particular.

The company also failed to furnish a return of income for the charge year 2023 to Zambia Revenue Authority.

“This deceptive act by the convict led to a loss of government revenue in the form of Value Added Tax and Income Tax amounting to over K21.6 million,” Nzala said.

When the matter was presented for Plea Agreement on 23rd June 2026 before Judge Dr. Samson Mumba sitting as Economic and Financial Crimes Court Luanshya, the accused pleaded guilty to 10 Counts of furnishing False Returns and Statements contrary to section 43 of the Value Added Tax Chapter 331 of the Laws of Zambia.

The Court convicted and sentenced the convict to a fine of K30,000.00 to be paid on or before 16th July, 2026 in default the warrant of distress to be issued.

The convict further paid the evaded Value Added Tax and Income Tax of K21,602,751.10 to ZRA and refunded the State K250,000 prosecution expenses incurred.

“Taxpayers are urged to be compliant and pay their fare share of taxes as ZRA remains relentless and vigilant in stepping up the fight against all forms of tax evasion,” he said.

Nzala stated that ZRA had intensified enforcement operations targeting tax evasion schemes, including false income declarations, smuggling, and the non-usage of Smart Invoice.

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