Zero Pindula

WhatsApp Message

*Econet Cleared Of $100 Million Tax Evasion Case*
https://www.pindula.co.zw/2019/03/01/econet-cleared-of-100-million-tax-evasion-case/?article

Telecoms giant Econet Wireless was on Thursday found not guilty of tax evasion by the Supreme Court.

The Zimbabwe Revenue Authority (ZIMRA) said that it was owed $100 million by Econet in unpaid taxes. The case goes as far as 10 years back.

A panel of judges, led by Chief Justice Luke Malaba, ruled in favour of Econet Wireless.

----------
*Latest itel A70* - now available on Pindula
128GB storage, 8GB RAM
*$89 Cash on Delivery.*

_We deliver in Harare and Bulawayo everyday between 9am and 4pm_

also available on Zero Deposit to Civil Servants and Pensioners.

WhatsApp: 0️⃣7️⃣7️⃣2️⃣ 4️⃣6️⃣4️⃣ 0️⃣0️⃣0️⃣
----------

Speaking to Newsday from South Africa, Econet’s lawyer Tawanda Nyambirai said:

_Zimra had garnished Econet’s bank accounts to the tune of $61 million in December 2013. There was a media frenzy with allegations that Econet had evaded duty and amounts of up to $300 million were mentioned._

_Rather than fight the allegations in the media, Econet applied to the High Court, which struck down $47 million of the amount claimed by Zimra._

_The Supreme Court bench, led by the Chief Justice (Malaba), (ruled) in favour of Econet. I do not see this as a victory for Econet alone. It is a victory for all victims of cyber-bullying._

_Econet was tried and condemned in social media! Any humble protestations of innocence were drowned in baseless abuse and condemnation where the basic principles of innocent until proved guilty were thrown out of the window._

_Some of these attitudes are caused by the economic hardships that we continue to face as a nation. I can only wish for the speedy recovery of our economy and the restoration of values of integrity and respect for the rights of others._

*More: Newsday*

*Featured Products*

*Follow our Pindula Channel on:* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v

Give us Feedback