LHDN eager to identify timber firms involved in illegal logging

LHDN CEO and director-general Sabin Samitah says the state is losing a lot of revenue due to illegal logging. (Bernama pic)

KOTA KINABALU: The Inland Revenue Board of Malaysia (LHDN) is monitoring very closely news reports of Sabah timber companies allegedly involved in illegal logging.

LHDN CEO and director-general Sabin Samitah said they were eager to find out which companies were involved in the illegal logging.

“The government, particularly the state, is losing a lot of revenue due to illegal logging and we will get to the bottom of this,” he said after paying a courtesy call on Chief Minister Shafie Apdal at PPNS today.

Earlier news reports indicated that teams from the Malaysian Anti-Corruption Commission (MACC) had conducted simultaneous raids on three logging companies in Sandakan and Tawau, as well as the Sabah Forestry Department headquarters in Sandakan.

Sabin said LHDN had set a RM4.3 billion target for revenue collection from the state for 2018 and was confident this was attainable.

On his discussions with the chief minister, Sabin said it was a normal visit and he took the opportunity to brief Shafie on the collection of various taxes from Sabah.

He added that his visit to Sabah was also to strengthen the relationship between LHDN and federal or state agencies in Sabah.

http://www.freemalaysiatoday.com/category/nation/2018/08/02/macc-raids-sabah-forestry-department-timber-firms/