Santorini Investments Limited Company and its Director VICTOR MWANSA are facing 112 counts of tax offenses, according to the Economic and Financial Crimes Court.
There are 112 counts of making false returns and statements against the defendants.
The accused gave tax invoice numbers to the Zambia Revenue Authority (ZRA) in Kitwe on dates unknown but between September 2018 and September 2022, claiming to prove that the company had received taxable supplies from various Copperbelt-based enterprises when in fact it had not.
By filing false returns, Santorini Investments Limited and Mr. MWANSA 33 were able to illegally recoup roughly K18.8 million in Value Added Tax and K3.3 million in interest during the same period.
The forms falsely claim that several Copperbelt-based businesses supplied taxable supplies to Santorini Investments Limited.
The case was postponed by the Economic and Financial Crimes Court in Kitwe, which is located on the circuit from Lusaka.
This information can be found in a statement that ZRA Corporate Communications Manager OLIVER NZALA gave to ZNBC News in Lusaka.