Malawi Attorney General claims billions in unpaid tax from USA mining firm Columbia Gem House
Columbia Gem House, a mining firm based in the United States of America that was involved in mining or extracting Ruby and Sapphire from the Chimwadzulo Mine in Ntcheu District in Malawi, has been ordered to pay $3.96 billion in what Malawi Attorney General Thabo Chakaka Nyirenda describes as “unpaid tax revenue on mineral resources extracted from the said mine.”
The claim was made in a letter written to Columbia Gem House’s Chief Executive Officer dated 26 July 2022, which Shire Times obtained. According to the Attorney General, the USA mining firm dishonestly altered the mining company’s name from Mineral Exploration pty Limited to Nyala Mines Limited to conceal the Company’s origin, i.e. so that the new name of the company sounded local to escape suspicion an...