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Home Business & Economy

Whistleblower tips lead to N$3.4 million recovery by NamRA

by editor
March 12, 2025
in Business & Economy
4
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The Namibia Revenue Agency (NamRA) has recovered N$3.4 million from three companies in November and December 2024, following assessments worth N$15.8 million, the agency announced.

The development comes as NamRA intensifies its efforts to combat tax evasion and financial misconduct through its whistleblowing hotline, launched in May 2023.

“Launched last year, the NamRA Whistleblowing Hotline, independently managed by Deloitte Namibia, has proven to be a critical tool in enhancing transparency and accountability,” the agency said.

According to NamRA, Since its inception, the hotline has received 60 reports related to fraud, corruption, tax evasion, alleged money laundering, drug smuggling, and unethical behavior.

“NamRA remains steadfast in strengthening tax compliance and encourages all taxpayers and stakeholders to actively utilize the Whistleblowing Hotline. The public plays a vital role in upholding integrity and accountability within Namibia’s tax system by reporting suspicious activities,” the agency said.

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