MIRA sends case to PG office for the prosecution of Fuad Zahir

MIRA has sent a case to the Prosecutor General’s Office for the prosecution of Mr. Fuad Zahir (Mariyammaage, GA Kolamaafushi) for tax fraud and attempting to obstruct an audit undertaken by MIRA.

This is the first criminal case to be sent to the Prosecutor General’s Office by MIRA.

From information obtained from shops and offices belonging to Mr. Fuad Zahir and two companies in which Mr. Fuad has stake, which MIRA entered under a search warrant from the Tax Appeal Tribunal to investigate for alleged tax fraud, and from information obtained from government authorities and other parties, it was found that Mr. Fuad Zahir has declared incorrect information in the returns he filed to MIRA. Additionally, he had not filed tax returns for some periods for which he was required to do so.

The penalty for obstruction or influencing the work of an official of MIRA, by using force, bribery, written or oral threats, or by aiding or abetting the commission of such an act is the imposition of a fine not exceeding MVR 200,000 or imprisonment or house arrest for a period between 3 and 36 months, or both the imposition of a fine not exceeding MVR 200,000 and imprisonment or house arrest for a period between 3 and 36 months. The penalty for declaring incorrect information on a tax return is house arrest for a period between 3 to 12 months.

20 Nov 13