Malawi claims over $300b in mining taxes from US company ...Kuwait

News by : (The New Arab) -
Malawi is claiming over $300 billion from United States company Columbia Gem House for unpaid taxes on minerals extracted from the country and exported to the United States, the attorney general told AFP on Friday. A 26 July letter from Malawi's attorney general Thabo Chakaka Nyirenda to Columbia Gem House accused the firm of evading duty on sales of rubies and sapphires mined at its Chimwadzulo Mine in Ntcheu, Malawi from 2008. In an interview with AFP on Friday, Nyirenda confirmed he authored the claim letter. "I confirm, it's from me," he said. In the letter, Nyirenda alleges Nyala Mines Limited, a Columbia Gem House subsidiary, paid taxes of just $600 against pro

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