Malawi Revenue Authority arrests businessman for fraud: Rafik Amad

The Malawi Revenue Authority (MRA) has arrested Managing Director of Intertrade Agency and Mozimplex, a Mozambique based company, Mohamed Rafik Amad, for allegedly using false custom documents to externalize forex.

Arrested: Rafik

Arrested: Rafik

Amad was arrested on Tuesday, June 16 2015 for presenting fake custom documents to banks for remittance of $720,000 and $768,000 to Hong Kong, according to MRA Deputy Director of Corporate Affairs.

The fake custom documents were presented to the banks on two separate occasions.

“On each occasion he justified the remittance as pre-clearance to import 4,500 tonnes of cotton seed.

“However, the importations were never made. On both cases, Amad knowingly faked customs documents to deceive banks, contrary to Section 135(d) as read with Section 143 of the Customs and Excise Act,” said Kapoloma.

Meanwhile, the tax collecting body is working with the Anti-corruption Bureau (ACB) and other enforcing agencies to arrest more unpatriotic and unscrupulous business persons who are also externalizing forex through fake custom documents.

Kapoloma has since appealed to the general public to always report issues of any malpractices such as tax evasion, smuggling and corruption.

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Winston Msowoya
Guest
When you visit Canada,USA,Britain. and other Western countries,you will be extremely amazed to see buildings owned by Asians living in poor Africa especially those from East Africa and partly from Southern Africa.You would wonder how these people smuggle our meagre resources ( FOREX) to outside world.First and foremost they infiltrate higher offices the central of powers,these include so-called Presidents,Ministers,police Chiefs,Bank top notch and high placed Customs officials.That is why they look down upon us and proudly boast openly without fear.They proudly and openly say ( NDALAMA WAtHU DZiKO WANU). Candidly,this proves that we have lost sense of responsibility,respect and pride.Wake… Read more »
daud
Guest

What about mapeto?????????

think
Guest

What about the special favour of the illegal bailout of Mulli Brothers and the like????

Why is it that nobody’s following up such huge amounts of money????

zotu
Guest
The comments I read here are full of emotions and are short of objectivity. It’s very difficult and almost impossible in Malawi to get the money in currency of preference where the initial capital investment was made using foreign money. I would give an example, my personal experience. I invested in Malawi using capital which was sourced in US. Once the money gets into this country it has been really hard to send it back to US. It kind of like one way traffic – how can the country encourage foreign investment when the economic environment does not allow free… Read more »
The Patriot
Guest

Excellent work, keep it up our Law Enforcement agencies! Amwenye amationelera kwabasi, eeish! Afiti opemphera!!!

johntembo Kuffor
Guest

what about the K50billion tax evader uja??????? and the theft of MRA Computer?????????????????

Pata phiri
Guest

Has tax and been paid on this type of huge amounts

hoveliwa
Guest

Kkkkkkkkkkkkkkk law enforcement malawi way

Majid Aboobakar
Guest

ZIKO WANU…DARAMA WATHU!

KENMAN
Guest

Mawa muva watuluka ali pa belo kenako zathera pompo dziko ndi anthu ake.

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