Security companies evade tax and forge documents to get tenders

11 November, 2008 in Botswana, Business

source: Standay Standard
by REUBEN PITSE
09.11.2008 9:14:17 P

Some well-known security companies are said to be at the centre of investigations after it emerged that they evade tax and use forged documents to be awarded government and private sector tenders worth millions of pula.
Police recently raided some security companies and impounded forged Botswana Unified Revenue Services (BURS) documents.

It is understood that some of the security companies bribe BURS employees for help to evade tax.
It is alleged that some security companies owe BURS millions.

It is further understood that some security companies have been awarded tenders worth millions of pula, both from government and the private sector, using fraudulent documents.

Meanwhile, it has emerged that a warrant of arrest has been issued for one of the directors whose security company is [continue reading]