MRA arrests businessman for fraud
The Malawi Revenue Authority (MRA) have arrested Mohammed Rafik Amad, the managing director of Intertrade Agency and Mozambican-based Mozimpex company, on suspension of using false customs documents to externalize funds.
MRA deputy director of corporate affairs, Steve Kapoloma, said on two occasions Amad presented false documents to banks for remittance of forex amounting to $1.4 Million (MK630 Million) to Hong Kong. 
“Amad justified the remittance as pre-clearance to import 4,500 tonnes of cotton seed. However, the importation of seeds was never made. He knowingly used false customs documents to deceive the banks, contrary to Section 135(b) as read with Section 143 of the Customs and Exercise Act.
“MRA and the Anti-Corruption Bureau (ACB) with other law agencies are working together to bring to book some unpatriotic and unscrupulous business persons that remit forex abroad using fake customs documents,” said Kapoloma.
Kapoloma further appealed to public to always report issues of any malpractices such as tax evasion, smuggling and corruption.
