Tuesday, October 8, 2024

Tag Archives: Tax evasion

News

Mugg and Bean, Tiger Wheels, in tax evasion scandal; bank pulls itself out of settlement agreement

AKI Investment which owns Mugg and Bean complex and runs all the companies on the complex is battling financial and legal crises after the Malawi Revenue Authority (MRA) gave it next Wednesday (16th February 2022) as dead line to pay about MK200 million in revenue taxes as initial settlement. The development occurred after it transpired that the foreign company which...