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Tax fraud of more than 2 billion in Burkina Faso: a dozen people involved

05/10/2023
Source : ORISHAS FINANCE
Categories: Companies

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The National Coordination for Combating Fraud (CNLF) presented the results of its activities. A VAT fraud network that caused the Burkinabe State to lose more than 2 billion CFA francs was dismantled.

Yves Kafando, the national coordinator of the CNLF indicated that the dismantled fraud network is composed of ten people. They have set up a large fraudulent scheme through shell companies that lend their Unique Tax Identifier (IFU) numbers for various services for several transactions. According to the coordinator Kafando, more than a hundred companies are incriminated

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