By SILUMESI MALUMOWE will strategically place experts in all mining companies to ascertain and monitor the minerals that are being exported, Ministry of Mines and Mineral Development Permanent Secretary Barnaby Mulenga has said.Mr Mulenga said the ministry had already written to relevant authorities for approval so that the process could start.He said in an interview yesterday that the ministry was given a policy direction to go ahead with the programme.Mr Mulenga was reacting to sentiments by mining expert, Edward Simukonda, who proposed that Government must come up with a plan to place spies in extractive companies to ascertain minerals in blisters extracted and exported.Mr Simukonda had said this was because the country was losing billions through cheating.The 2019 Financial Intelligence Centre report revealed that some mines in Zambia were repatriating proceeds to offshore jurisdictions while declaring losses to evade tax.The report also disclosed that some precious stones and base metals that were exported to foreign […]
STATE SET TO PLACE ‘SPIES’ IN MINING FIRMS
