It either looks like a tax shake down that’s gone public or perhaps it’s a deliberate crucifixion as a warning to others... Not good for investment and trade. Now to see what it settles for.
Woooah. The reported "$8bn tax scam uncovered in Zambia" is made up of $150 m of disputed assessed taxes, $2.1bn of penalties and $5.7bn of interest 
http://www.first-quantum.com/Investors-Centre/Events/Event-Details/2018/Conference-Call--Webcast-To-Discuss-Zambian-Tax-Assessment/default.aspx … …pic.twitter.com/6ZboJ8c0En
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Or for public confidence, tax morale and government accountability. Assuming they settle for much less while people have been led to think the right number 'must' be billions (has been widespread encouragement of belief in Zambia billions... https://www.cgdev.org/blog/stop-spreading-myth-zambia-not-losing-3-billion-tax-avoidance …)
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Is that per the legal framework? The ratio of the penalty looks v high and the interest must be compiled over decades, even if there is interest on the penalty.
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FQM said the penalties in case of smuggling is 3x (as opposed to errors in reporting import codes) -- although still looks high -- not clear anyone understands how they were calculated yet.
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This means it's all to do with fqm
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