The Malawi Revenue Authority (MRA), on Thursday, , conducted a search at the business premises of Armstrong Oils and Car Accessories in Lilongwe – owned by opposition Malawi Congress Party (MCP) lawmaker Peter Chakwantha – on suspicion of tax evasion offences.
MRA’s Deputy Director Corporate Affairs, Steven Kapoloma told Nyasa Times that the search resulted in the seizure of some business documents from the company.
“The operation follows a tip alleging that Armstrong Lawyers and Company, Armstrong Oils and Car Accessories and Armstrong Agro Trading, owned by Hon. Louis Peter Chakhwantha, M.P has not been remitting correct amount of taxes in form of Value Added Tax (VAT) and Income Tax,” Kapoloma said.
The documents seized during the operation are being analysed to verify the allegations made against Chakwantha and his law firm, MRA said.
Source: Nyasa Times