The GATBRO Investigations!

 

The Zambia Revenue Authority recently conducted a raid on Gatbro International Limited and its affiliates to investigate widespread allegations of tax evasion and financial misconduct. Authorities suspect that the company, led by Irfaan Ismail Yosouf and several directors, purposefully under-declared imports and manipulated sales revenue to lower their tax responsibilities. The inquiry specifically examines how the group’s diverse interests in mining, energy, and hospitality may have been used to facilitate illicit financial movements and the externalization of income. During the operation, officials seized $145,000 as part of a broader forensic review into potential violations of the Income Tax and VAT Acts. This ongoing investigation aims to determine the full extent of intra-group transactions and ensure that all entities within the network remain compliant with national tax laws.