Loading ...Tanzania outs mining minister over alleged collusion with companies to evade taxes
Tanzanian President John Magufuli has fired his mining minister after results of an audit of containers carrying ore published Wednesday showed exports had been understated.
Minister Sospeter Muhongo was not the only casualty, as the President also show , Dominic Rwekaza, chief executive of Tanzania Minerals Audit Agency, the door and asked authorities to investigate those responsible of helping by mining companies to evade tax, Reuters reports.
President Magufuli said the probe revealed that mining firms, including Acacia Mining, understated the mount of mineral sand exports, which caused the east African nation to lose millions of dollars.
The investigation, launched by the Magufuli two months ago, found that the value of minerals within concentrates in containers at the country’s Dar es Salaam port was in some cases up to 10 times more than the declared amount, according to Acacia Mining.
cont. http://www.mining.com/tanzania-outs-mining-minister-alleged-collusion-companies-evade-taxes/