CTPD PRESS STATEMENT ON THE 2020 FINANCIAL INTELLIGENCE CENTRE (FIC) REPORT

The Centre for Trade Policy and Development (CTPD) has noted with concern, the revelations from the latest 2020 Financial Intelligence Center (FIC) report that Zambia lost about K3.1 billion through corruption, tax evasion, fraud, illegal mining and other vices, with corruption alone accounting for over 70% of the total losses, translating into about K2.2 billion.

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