Thu, 03 Aug 2017 14:18:07 +0000 BY Nation Reporter MTN Zambia has had its bank accounts released after a court order obtained by the Zambia Revenue Authority to freeze them. Information reaching the Daily Nation indicates that the two institutions decided to settle the matter outside court following a dispute that arose following a Notice of Assessment to the value of over K95 million owed in unpaid taxes. According to sources, ZRA and MTN Zambia resolved to sort out the problems of the unpaid taxes, and the garnishee obtained thereafter after the two parties’ private engagement. However, both ZRA and MTN remain tightlipped about the agreements which helped lift the freeze on the mobile company accounts. When contacted, ZRA informed the Daily Nation that the law does not allow them to divulge information about their clients. And when contacted, MTN Head of Governance and public relations Gloria Kabungo promised a detailed update of the matter […]
