Tanzanian authorities have charged 3 of Acacia Mining’s local subsidiaries, an employee and former staffer for money laundering and tax evasion, the Gold miner said on Wednesday.
Acacia Mining said all the accused had pleaded not guilty to all thirty-nine charges.
The charges include tax evasion, conspiracy, a charge under organised crime legislation, forgery, money laundering and corruption, the London-listed company said.
Acacia, which is Tanzania’s largest gold miner, is locked in a long-running dispute with the government, which has accused the company of tax evasion.
The dispute between the Tanzanian government and Acacia culminated in a 190 billion dollars tax charge in July 2017 against the miner.
In addition, there was an industry-wide ban on the export of raw minerals in March of the same year.
