Times Group In K7billion Tax Evasion Scam

Times Group being sealed on Friday

Details have emerged that Times Group which was closed on Friday owes Malawi Revenue Authority K6.8 billion, documents in our possession show.

The company owes the Malawi Revenue Authority that amount which experts say is enough to construct a 20 km tarmac road. The money could help government construct 40 km of Lirangwe-Chingale-Machinga Road instead of the planned 20 km.

“The media company should simply pay the taxes. It is acting the bad citizen. Those billions are our money. We need it for social services,” said Gulani Timothy of Lilongwe who said is now losing interest to read the biased stories in the company’s three newspapers of Daily Times, Malawi News and Sunday Times.

“I don’t feel sorry for the company because it also illtreats staff. Imagine up to now we are not yet paid our salaries,” said one member of staff.

Editor in Chief for Tmes George Kasakula admitted in an interview with the BBC on Friday that the company indeed is struggling to pay the taxes.

MRA closed the company on Friday and impounded on some vehicles. Employees had no choice but to go home.

Later in the evening, The company lawyer obtained an injunction against MRA action thus allowing employees to resume work on Saturday.

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