CAMCO Chairman in Smuggling Scandal

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By News Makers
scam in which CAMCO equipment chairman Li Tie is importing vehicle spare sports labelled as machinery for drying or cooling agriculture products has been unearthed.
According to Zambia Revenue Authority- ZRA, machinery for drying and cooling agriculture products doesn’t pay duty or VATSources at CAMCO itself say this ZRA tax incentive is exactly what CAMCO chairman Tie Li has been using to evade tax with the help of ZRA senior customs officer Shadreck Mudodoli.
” Just last month, two containers that weren’t inspected were packed with auto spare parts that were mostly for Chinese suppliers with warehouses in Town and York farm” a CAMCO source says.
And the source says from the two trucks, the country lost about K28.7 million in taxes that include duty and VAT.
” How then can a country like Zambia develop if foreigners keep smuggling in goods using false declarations. And to make matters worse, CAMCO is paying workers slavery wages. This is too much and I believe the government can investigate these issues
Meanwhile, the source saysMr. Li Tie has continued to boast around the Chinese circles that he’s untouchable and that a few ministers in the new dawn government are in his pockets.

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