THE Zambia Revenue Authority (ZRA), working with other law enforcement agencies, has apprehended business mogul Shawki Fawaz for alleged tax offences involving more than K100 million. ZRA Corporate Communications Manager Oliver Nzala says that preliminary investigations revealed that Fawaz, as director and beneficial owner of several companies, allegedly worked with others to defraud the state by evading tax through fictitious VAT claims, under‑declaration of income, and submission of false returns. In a statement, Saturday, Nzala said the suspect was linked to a number of companies that had been under investigations for various tax fraudulent activities. “The Zambia Revenue Authority (ZRA) in conjunction with other Law Enforcement Agencies (LEAs) on Friday 27th March 2026 apprehended Shawki Fawaz a renowned business mogul...

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