malvernmugadzikwa
Sunday Mail Reporter
THE authorities are reportedly investigating a foreign businesswoman on allegations that she tried to externalise funds by buying machinery outside the country at a lower price but declaring she purchased it for a high value, it has been learnt.
Li Song is already facing a litany of legal woes.
On Monday last week, she was arrested by a team from the Zimbabwe Anti-Corruption Commission as she was about to leave the Harare Magistrates’ Court.
Her arrest stemmed from allegations of evading duty on chemicals she imported in 2023, particularly sodium cyanide and hydrated lime.
It is alleged that sometime in 2023, Li made an application to the Zimbabwe Revenue Authority (Zimra) for some rebates to import sodium cyanide and hydrated lime.
The application was reportedly approved by Zimra at the Bulawayo port for consignments of sodium cyanide using the name of a company of which she was a co-director until March 2022.
It is reported the consignments of the chemicals were imported from Mauritius to Zimbabwe under the name of the company she used to have shareholding in, thereby defrauding Zimra.
It is believed, as a result of the misrepresentation, Li did not pay for duty for the said consignment and did not deliver the said chemicals to the company whose name was used to import them.
Online Reporter