Business Reporter
The Namibia Revenue Agency (NamRA) has announced significant progress in the investigation of the fraudulent income tax refund scam that began in March 2022.
Steven Ndorokaze, Chief Communications Officer at NamRA, stated that as of 18 July 2023, investigations have implicated a total of 1 168 taxpayers employed at 84 institutions, including private companies, Government Offices, Ministries, and Agencies (O/M/A’s) as well as public institutions.
“The total refund amount under scrutiny has surged from the initial N$15 million reported in March 2022 to N$833 million, a substantial increase from the N$136 million reported in January this year. NamRA’s relentless efforts in the recovery process have yielded N$19.9 million through intensive recovery interventions,” Ndorokaze said.
He added that in line with NamRa’s commitment to accountability, the agency has issued 322 demand letters.
“Pursuant to section 91 of the Income Tax Act, 1981 (Act No. 24 of 1981), 302 notices to agents have been issued, amounting to N$55 million. To date, 56 criminal cases have been registered with the Namibian Police. So far, only five suspects have been arrested and charged. More suspects are expected to be arrested in the coming weeks. NamRA remains unwavering in its commitment to enforce revenue laws and will thoroughly investigate any related malpractices. As the investigation continues, NamRA will keep the public informed of further developments,” Ndorokaze concluded.
