GOVERNANCE Activist RuEben Lifuka says the questionable payment of $16 million made to Prestige Motors Limited requires comprehensive investigation in order to prevent further financial loss. And Lifuka has recommended the establishment of a Joint Taskforce comprising experts from relevant government agencies in order to build on findings by the Parliamentary Public Accounts Committee. This is a matter in which the Auditor General’s report revealed that ZRA entered into negotiations for an out-of-court settlement with Prestige Motors Limited which ultimately led to a settlement of US$16,000,000. This week, PAC heard that the Zambia Revenue Authority did not actually report the questionable payment of $16 million made to Prestige Motors Limited to the police. And the Committee revealed that information about...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here