EQUATORIAL GUINEA – 13 civil servant arrested and detained for tax evasion

It is not good to confuse its own goods with tax revenues in Equatorial Guinea. 13 government officials have just learned it at their expense.
On 16 July 2020, they were taken into custody for having participated in an illicit stamp tax trade, and they risk prison sentences ranging from six to ten years.

These 13 unfortunate individuals had been trafficking in tax stamps for over 05 years.

The excavations carried out at their homes made it possible getting hold of stamps tax for an amount of 303 million CFA francs of stolen stamps.

Sales of stamps tax generate billions of CFA francs to the Equato-Guinean State per year.