Crossroads Hotel probed over ‘tax evasion’
Crossroads Hotel is under investigation for alleged tax evasion through abuse of a duty waiver, Nyasa Times understands.
According to information gathered by Nyasa Times, Crossroads Hotel was granted a waiver of duty by Malawi Revenue Authority (MRA) on a hotel project they are building in Blantyre.
However, the owners of the hotel are alleged to have abused the duty waiver by building personal houses in Area 9 in the city of Lilongwe amounting to US$5 million dollars.
An audit firm is under process scrutinising their cleared documents from MRA and looking at a bills of quantities to make sure the goods cleared were indeed used in the project.
Household furniture for their personal use was used to be cleared under the privilege and others they paid duty on were later claimed back on VAT.
The customs body is also probing allegations by whistle blower on irregular car sales by Crossroads Hotel and car hire namely Sameer Sacranie and Zahir Harun Sacranie
The cars were sold to individuals without proper MRA documents of clearance form c180.
Records at road traffic show that cars were indeed sold without proper papers and officials say it was duty of Crossroads Hotel to make sure vehicles are sold on a clean deal.
A vehicle Toyota fortunes registration number NS9900 belonging to Crossroads was sold dubiously to Apex car rentals in Lilongwe but was then snatched back as businessman Imran Malida was not making the payments.
Malida is said to have corporated with MRA and given a true account of the deals.
MRA investigators have confirmed they are aware of the matters to do with Crossroads Hotel “and investigations are ongoing.”
But they declined to give further details, saying that could jeopardise efforts to unravel details of the matter.
Crossroads Hotel did not respond to Nyasa Times questions and phone inquiries on Thursday and Friday. Despite sending reminders, the hotel management did not respond by the time of going online.
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Unfair world. I lose 30% of my MK50,000 a month salary to tax, I pay 16.5% tax when I go to buy a packet of sugar and a bar of soap. Others make millions of kwacha a month, not even a tambala being lost on tax.
Forget everything read this Hanif chome hanif OG and modhin daid wholesalers are in partnership buying millions of Dollars of properties in Malawi meaning billions of kwachas can MRA and ACB kindly check where this money has come from and are taxes paid for theese all the OG money comes from pakistans Al kaida and taliban the whole family comes from pakistan can the government involve FBI as the profits are sent back to fight the americans in yemen syria etc. and all the properties nd industries which make profits in malawi partially the funds to sponsor terrorism take action… Read more »
Chibalo iwe wa sanje….your brain box is empty so you should hate yourself MWENYES have brain to make money you are a failer ok!!!!
Benjones you are and sound wopusatu
Property grabbing , the government is scaring away investors and well established Malawian business people.
MRA you have been sleeping all along.You have lost billions of kwachas for your people.Your people if i may say it matter of fact,are poor because of Indians.Government always develop cold rings when dealing with Amwenye because Politicians have benefitted alot from them than Malawians in general. Is it not a surprise why we dont hear of an Indian questioned in Cashgate scandal?Are we not surprised that in our Prisons,we cannot find Indians who by the way are Malawians of Asian origin?Do you mean these dont commit any crime in our Society?Have you observed my fellow Malawians that while we… Read more »
Can MRA even probe them on the hiring out of the conference facilities thy are not declaring the full amount thy are charging there clients especially Indians a suppressed amount in order to evade tax thy are even under declaring wen it comes to wedding functions which indians usually hold in the evenings a few examples are Thy should be probed on the functions that were held in December 2015 Wedding for the daughter of OG ISSA wedding for the daughter of the owner of WORLDWIDE INVESTMENT JANUARY 2016 Wedding for the son of EM RANDERA AND CO I REST… Read more »
More to here this is not the only allegations
Nice story lot more to be written
Mwenye awa they are all with deals with MRA. Why do you think they drive posh cars and build mansions. They have for generation been stealing from is. One mwenye is worth half of our country’s wealth and we just look at then like anthu wo pusa.