Colombian tax officials stealing $4 billion a year: El Tiempo

[Judi Lynn]

Colombian tax officials stealing $4 billion a year: El Tiempo
Wednesday, 13 July 2011 09:30
Stephen Manker

Colombian tax officials have been stealing $4 billion a year by claiming false VAT returns, reported newspaper El Tiempo Wednesday.

According to the newspaper, the country's prosecutor general's office has already identified current and former officials who are suspected of approving false tax returns worth $4.26 billion, or 10 percent of the nation's annual sales tax collection.

Colombia's president recently promised to produce "great results" with his recently enacted anti-corruption plan.

"In less than a week, the country will be presented another great result in the fight against corruption," said Santos. "A lot of people are going to go down," he added.

More:
http://colombiareports.com/colombia-news/news/17595-tax-officials-stealing-4-billion-a-year-el-tiempo.html