Mengi vs Manji: Ukweli ni upi?

[Ole]

Hasara ni mzushi tu, hawa wanafika hapa kutaka kujaribu kuharibu topics. forget about him we will get information somwehere else.

 

[Shemzigwa]

kweli babake si mchezo nakuamini mzushi kweli

 

[Hasara]

Hasara bado nakusubiri ujibu swali kwa hoja

Ben 'philosopher
ninashukuru hiyo hotuba sikuwepo, hao wengine wanao kuwa na kauli zisizorizisha pia ninawashukuru basi endeleeni nisiwapotezee muda asanteni na mbarikiwe,

 

[Ole]

Hasara

Wewe unauchungu na nchi wewe? hivi unavyosuasua unataka tukubembeleze? Au una agenda zako za binafsi? Kama kweli una vitu kwa ajili ya Tanzania mwaga hapa, hatuwezi kukaa ati tunakusubiri mpaka uweke unavyopenda. Sisi hatulipwi na mtu yeyote hivyo kama tukipata nyeti tunaweka hapa moja kwa moja sio mpaka wanabodi wakubembeleze. On my part isiwe tabu walikuwepo wengine hapa wakali kabla ya leo na watatokea wengine wakali zaidi. Huu moto ulioanzishwa hauwezi kuzimwa hadi mambo yaeleweke.

 

[S. S. Phares]

Ben 'philosopher
ninashukuru hiyo hotuba sikuwepo, hao wengine wanao kuwa na kauli zisizorizisha pia ninawashukuru basi endeleeni nisiwapotezee muda asanteni na mbarikiwe,

Hasara

Mbona unaifurahisha...ina maana unasusa, unaogopa au una-plan nyingine tofauti. Hebu tuelimishe ndugu.

 

[Halisi]

"Few people who read the newspapers would be unaware of the media attacks since November 2005 against British investor Mr. Stewart Middleton by high profile English and Swahili newspapers owned by IPP Media. Readers are referred particularly but not exclusively to the following newspaper articles:- The Guardian 23/11/2005, The Nipashe 3/1/2006, The Guardian 19/1/2006, The Mwananchi 22/11/2005, The Nipashe 22/11/2005, The Guardian, 23/11/2005, The Nipashe, 2/2/2006, The Alhamisi 19/1/2006 and the Guardian 19/1/ 2006"-------

Wana JF, je, Mwananchi pia ni la IPP?, Je, Mengi anayetajwa katika kesi ndiye mmiliki wa IPP? Anaweza kuwa ndugu yake ama kabila lake, ama ana uhusiano naye, lakini pia hata kama ni mtoto wake wa kumzaa haihusu kuihusisha kampuni ya IPP, au ndio watu wanatafuta mahala pa kunyamzisha mapambano dhidi ya UFISADI? Kwa mfano kuna Watu wenye majina ya Mkapa, Nyerere na kadhalika kati yao wapo wenye uhusiano kabisa na Benjamin Mkapa, Rais Mstaafu na Julius Nyerere (Baba wa Taifa), lakini wanapaswa kuhukumiwa kwa maneno na matendo yao kwa sababu wamefikisha umri wa kuamua kizuri na kibaya na wanahukumiwa kwa mujibu wa sheria.

Jambo lingine huyu Muingereza ama Mwakilishi wake, wafanya Press Conference, lakini pia wawasiliane na Polisi ambao ndio waliotoa taarifa iliyonukuliwa na vyombo vyote vya habari na si vya IPP pekee kama anavyotaka watu waamini. Huo utakuwa ugonjwa wa "MENGIISM" kama kila kitu munamsulubu Mengi wa IPP. Jamani hata habari za mikoani Mengi anawasiliana na waandishi wa huko? Hivi hana kazi za kufanya? HUU NDIO UTUMWA MAMBOLEO, TUUKATAE. MNYONGE MNYONGENI HAKI YAKE MPENI

 

[Halisi]

"The Guardian 23/11/2005, The Nipashe 3/1/2006, The Guardian 19/1/2006, The Mwananchi 22/11/2005, The Nipashe 22/11/2005, The Guardian, 23/11/2005, The Nipashe, 2/2/2006, The Alhamisi 19/1/2006 and the Guardian 19/1/ 2006"-------

Hakuna magazeti ya The Nipashe, The Mwananchi, The Alhamisi" na kama yapo Nipashe tu ndio ya IPP na si The Mwananchi na The Alhamisi"

 

[Mwendapole Old]

"The Guardian 23/11/2005, The Nipashe 3/1/2006, The Guardian 19/1/2006, The Mwananchi 22/11/2005, The Nipashe 22/11/2005, The Guardian, 23/11/2005, The Nipashe, 2/2/2006, The Alhamisi 19/1/2006 and the Guardian 19/1/ 2006"-------

Hakuna magazeti ya The Nipashe, The Mwananchi, The Alhamisi" na kama yapo Nipashe tu ndio ya IPP na si The Mwananchi na The Alhamisi"

Hii inaonyesha mtizamo wa mwandishi. Kama nakumbuka vizuri kuna wakati Mengi aliwahi kuwa-challenge waandishi wa TZ kufanya investigative journalism... hii i-apply pia kwa wote wanaotoa taarifa...no research, no right to speak

 

[Halisi]

HASARA ama Halisi?

Kama ni HHALISI, habari zote hapo juu (si Press release) ziliandikwa katika magazeti ya THISDAY na baadhi zikawa katika website yao ambayo ni www.thisday.co.tz

http://www.thisday.co.tz/News/363.html
http://www.thisday.co.tz/News/186.html
http://www.thisday.co.tz/News/352.html

 

[Halisi]

ni Hasara ama HAlisi? Kama ni Halisi, basi habari zote hapo juu ziliandikwa katika magazeti ya THISDAY na baadhi zipo katika tovuti yao kupitia link zifuatazo:

http://www.thisday.co.tz/News/352.html
http://www.thisday.co.tz/News/186.html

 

[Halisi]

ni Hasara ama HAlisi? Kama ni Halisi, basi habari zote hapo juu ziliandikwa katika magazeti ya THISDAY na baadhi zipo katika tovuti yao kupitia link zifuatazo:

http://www.thisday.co.tz/News/352.html
http://www.thisday.co.tz/News/186.html
http://www.thisday.co.tz/News/363.html

 

[digby]

BENJAMIN MENGI

PUBLICLY BOASTS OF HIS CORRUPTION OF THE POLICE AND THE JUDICIARY

IN MOSHI, TANZANIA​

Moshi Hotelier Benjamin Mengi has publicly boasted of his corruption of the Police and the Judiciary in Moshi by securing the arrest and imprisonment of British Investor David Stewart Middleton in July 2006.

The vocal declaration took place outside the High Court in Moshi in November 2006 in front of Moshi Advocate Westgate Lumambo Mr. Middleton’s advocate and, an employee of Mr. Middleton’s company Songwe Estates Ltd.

Shouting proudly at the top of his voice, Mr. Mengi stated, ‘it cost me a lot of money to get this Msungu put into prison. Do you think anyone can get a Masungu put into prison in this country, they cannot, but I did’

When asked by Westgate Lumambo to be silent Mr. Mengi continued to boast ‘The next person I am going to put into prison is Mr. Stewart’s wife, I can do this, I have done it with Mr. Stewart and Able Ng’oja and now, I will do it with her too’. He continued 'I will teach her a lesson she will not forget'.

Mr. Mengi then turned to Anold Kimaro, an associate of Mr. Mengi’s who holds himself out in legal documents to be Mrs. Mengi’s ‘Attorney’ and stated ‘tell them what we are going to do with that Mamma if she comes anywhere near us’. Anold Kimaro shouted ‘we are going to beat her up’.

Mr. Mengi’s was speaking so loudly in the public area within the precincts of the Court, that a High Court Clerk came out and ordered him to stop the abuse and threats or the High Court Judge would be informed of his conduct. Mr. Mengi then walked away from the area.

Benjamin Mengi has on numerous occcasions publicaly declared his intention to drive British Investor Stewart Middleton and his family out of Tanzania. Few who have followed this sage are unaware of his conduct supported by, a clear campaign of defamation by IPP Media the Chief Executive Officer of which, is Reginald Mengi, Benjamin Mengi's brother.

The question that many Tanzanians are now asking is, 'when is the government of Tanzania going to apply the rule of law to Benjamin Mengi's conduct'.

Clearly, he presently enjoys immunity.

Mr. Middelton has now been arrested twice in Tanzania and imprisoned once. All of the charges have been withdrawn and many, were charges that do not exist under the Penal Code of Tanzania. All charges, were prepared by Inpesctor Janeth of the Moshi Police on the complaints of Benjamin Mengi.

In July 2006, Mr. Middelton was thrown like a dog into Karango prison Moshi and incarecrated in a concrete cage (on the instructions of Regional Crime Officer Kighondo) outside of the Moshi High Court having been sentanced to prison for fourteen days supposedly, for breaching a court order. The complainant was Benjamin Mengi and the Police prosecutor Inspector Janeth of the Moshi Police. All of his rights under the Civil Procedure Act were denied him.

Mr. Middelton was released three days later on the instructions of the High Court ruling that magistrate Temu, was not free from bias and there was no evidence that Mr. Middleton had breached a court order.

Corruption at any level and in any country hinders econimic growth and sustainable development and results in the violation of human rights. In the main, corruption affetcs the poor the most. As in this case, if Benjamin Mengi and his associates, achieve by corruption, the removal of the British Investors from Tanzania who will suffer the most? Clearly, the decent, hard working Tanzanians that work for and support Mr. Middleton's farming operations, together with, their families and the local community. Many futures will be damaged!

Who then is going to have the courage to speak out against this continuing outrage?

 

[Kiungani]

Mtu aliyeandika hii article ni Mzungu na hana uelewa wa 1) lugha ya kiswahili, 2) utaratibu wa uendeshaji kesi Tanzania [ndiyo maana anadai mwendesha mashitaka ni mtu huyo huyo mmoja Insp Janeth], 3) local politics za uchagani.

Digby, kama si wewe uliyeandika basi do your research kabla ya kupost. Hiyo picha si ya magereza. Ni kibanda cha vifaa kwenye makazi ya mzito mmoja hapo Moshi na nyumba inaonekana kwa mbele.

 

[Hussein Njovu]

The story is just too biased. You dont need to read between the lines to know his side on the saga. I don't think this forum is meant for such authors who are seeking public sympathy on hidden personal interests.

 

[Tosca]

Benjamin Mengi Continues To Harass British Investors

British investors David Stewart Middleton and his Sarah Hermitage continue to face unchecked harassment in Tanzania allegedly, instigated by the corrupt practices of Moshi Hotelier Benjamin Mengi supported by members of the police and judiciary. The harassment is an overt and unashamed attempt by Benjamin Mengi to drive the investors out of Tanzania in his attempt to re-gain the lease to Silverdale & Mbono Farms in the Hai District of the Kilimanjaro Region of Tanzania.

Benjamin Mengi's company Fiona Tanzania Ltd, lawfully assigned the lease to the farms to Mr. Middleton's company Silverdale Tanzania in May 2004. The assignment was lawful and transparent. Dr. Juma Ngasongwa, Minister for Investment & Empowerment is quoted in the Daily News June 2006, that the investors were bona fide and had the full support of the Ministry. He further stated that corruption was being used against the investors bringing shame on all that Tanzania is presently trying to achieve in terms of attracting foreign investors.

Since November 2005, Mr. Middleton has been arrested twice and imprisoned once in abuse of due process of law on accusations levelled against him by Benjamin Mengi his wife, Millie Mengi and unemployed Moshi resident Anold Kimaro. Mr. Middleton was released from prison by order of the Moshi High Court on the grounds that there was no evidence to support his committal to prison. The Republic has subsequently withdrawn all criminal charges brought against him. During his committal, Mr. Middleton was placed in a concrete cage, under conditions that most people in the U.K. wouldn't keep their dogs in. Despite this outrage, no apology has been given to Mr. Middleton for the Republic's conduct.

Having failed to terrorise the investors into leaving Tanzania through the criminal courts Benjamin Mengi has now turned to the civil law issuing seven plaints against Mr. Middleton that disclose no cause of action. Unfortunately for Mr. Middleton, the same magistrates deal with both civil and criminal cases in the Court of Resident Magistrate in Tanzania. In the latest case, Benjamin Mengi has sued Mr. Middleton and his wife for eighty thousand United States dollars for statements that the couple are quoted as making in a newspaper article appearing in Tanzanian's Daily News on the 2nd June 2006. The plaint is for Libel. In such cases, the cause of legal action rests against the writer, publisher or editor of the newspaper. Clearly, Magistrate Mkisi at the court of resident magistrate in Moshi should have rejected the plaint as not disclosing a cause of action against the investors. However, not only did magistrate Mkisi's not dismiss the plaint, she allowed an ex-parte proof of the case with judgement to be given on the 29th March.

President Kiwkete talks daily of his commitment to investors in Tanzania proclaiming Tanzania to be a ‘haven' for foreign investors and Tanzania obtains copious amounts of aid on the basis of this rhetoric. Clearly this does not sit comfortably with life in Tanzania for the British investors and their staff.

British M.P. Roger Gale (Thanet North) in July 2006, called for the suspension of all aid to Tanzania until such time as Mr. Middleton was released from prison and his land tenure in Tanzania secured and Benjamin Mengi brought to justice for his conduct. Mr. Middleton's land tenure remains far from secure with the Minister of Lands refusing to register Mr. Middleton's lease holding and refusing to respond to correspondence sent to him by the investors. Benjamin Mengi continues to harass the investors and their staff on a daily basis and IPP Media (the Chief Executive Officer of which is Reginald Mengi, Benjamin Mengi's brother), continues to engage in a vile campaign of defamation against Mr. Middleton and his staff.

The latest defamation was published on Saturday 3rd February 2007 when IPP Media's the Guardian Newspaper, reported under the dramatic headline ‘Controversy as Hai Resident is hurt in an assault by armed gang' that Salim Habib, (an employee of Benjamin Mengi) was clubbed and slashed with Pangas on Silverdale Farm, by Edward Swai, Swalehe Abdallah, Abel Ng'oja and Marcel Kavishe, key members of Mr. Middleton's staff. The article accused Mr. Middleton of standing and watching the assault. Similar reports were carried in IPP Media's The Nipashe Newspaper and IPP's Radio.1 radio channel. Regional Police Commander Lucas Ng'hoboko is quoted as sating that the men had absconded from bail and that every effort would be made by him to catch the men and bring them to justice.

Mr. Middleton relates the realities of the incident reported. "On the 31st January Mr. Salim Habib, an employee of Mr. & Mrs. Benjamin Mengi was found on my property having driven a herd of forty adult cattle belonging to Mrs. Mengi onto a two-acre Baby Corn plot and destroying the crop. Habib threatened to kill my technical manager Able Ngoja and came at him wielding a Machete. Habib was arrested by my staff in full compliance with the laws of Tanzania. Inspector Janeth of the Moshi Police attended the scene more than four hours after being called with Mr. Benjamin Mengi. Habib was handed over to her but it appears she released him immediately and he was allowed to go to the District Police Station in Moshi and open a charge against my staff'.

Mr. Middleton further states, ‘my staff co-operated fully with the police and gave witness statements in relation to Habib' s conduct. They were then told by Inspector Janeth that no report of an offence had been received by them and that the witness statements they had given were in fact statements in relation to allegations by Habib against themselves. Habib' s son was then arrested for causing the damage to my crops, a man whom my staff or I had laid charges against. Three days later my staff were instructed by Inspector Janeth, acting on orders given directly by the Regional Police Commander Lucas Ng'hoboko to attend Moshi Police station to be taken before the court to answer charges of grievous bodily harm against Habib. None of my staff had been arrested, cautioned or charged for any offence'. When asked to comment on the inaccuracies of the reports, writer Jackson Kimambo stated, ‘the articles were written in Dar es Salaam, I was simply asked to put my name to them'.

It is interesting perhaps that Inspector Janeth, is the same officer securing Mr. Middleton's first arrest in Tanzania preparing a charge sheet including offences that do not exist under Tanzanian law.

Salim Habib has now been charged with causing malicious damage and no member of Mr. Middleton's staff has been arrested or charged with any offence. Neither Regional Police Commander Lucas Ng'hoboko nor IPP Media has reported this.

The article is one of a long line of defamatory material published by IPP Media accusing Mr. Middleton or his staff of committing crimes in Tanzania. Readers are referred to the following newspaper articles appearing in IPPMedia, attacking Mr. Middleton and his commercial interests in Tanzania:- The Guardian 23/11/2005, The Nipashe 3/1/2006, The Guardian 19/1/2006, The Mwananchi 22/11/2005, The Nipashe 22/11/2005, The Guardian, 23/11/2005, The Nipashe, 2/2/2006, The Alhamisi 19/1/2006 and the Guardian 19/1/ 2006.

Further harassment of the investors includes Mrs Mengi's refusal to remove a herd of some sixty cattle and some twenty goats kept unlawfully on Silverdale Farm. In May 2006, the animals fell sick with Foot and Mouth disease and were subjected to a quarantine order. Mr and Mrs Mengi left the dead carcasses of the animals to rot in the sun yards from the investor's house refusing to bury them or comply with the quarantine order. Mrs. Mengi issued a plaint against Mr. Middleton for killing her animals and accused him in the plaint of forging the quarantine order.

Mr. Mengi has made numerous public statements of his intention to drive the investors out of Tanzania and in November 2006, attempted to bring villagers onto the farm declaring himself to be the owner. When apprehended by Mr. Middleton and his staff (and later the police), Mr. Mengi declared that the next time he came he would come with villagers and machetes and cut the investor to pieces.

British Foreign Secretary Margaret Becket appealed to president Kiwkete for a resolution to this on going and damaging situation in London in January 2007 but so far, the rule of law has not been applied to rectify the clear and ongoing abuses of due process which has destroyed the investors commercial interest and the lives and livelihoods of their staff. Why is it so difficult for the Tanzanian Government to apply the rule of law to this situation? One reason could perhaps be, that if the rule of law were to be properly applied then Benjamin Mengi would be behind bars and Mr. Middleton left in peace to do what he came to Tanzania to do and, that is to invest. Surely, that is what the Tanzanian government would want given its commitment to the rule of law, anti corruption and securing its country as a safe lace for investors.

‘Corruption is the abuse of entrusted power for private gain. It hurts everyone whose life, livelihood or happiness depends on the integrity of people in a position of authority. Corruption harms everyone, and it harms the poor the most. It traps millions in poverty and misery and breeds social, economic and political unrest. Corruption is the cause of poverty and the barrier to overcoming it. Corruption jeopardises good governance and fetters any possibility of sustainable development'. (Transparency International)

This issue is of course extremely serious and damaging to Tanzania's reputation as a safe place for investment. Dr. M. Nagu Minister of Justice in Tanzania is open about the problems that surround corruption in the police and the judiciary. Unfortunately, rhetoric alone will not solve the problem. Until Tanzania can demonstrate an ‘actual' as opposed to ‘rhetorical' commitment to the rule of law, in a manner that demonstrates good governance in a manner that unreservedly, upholds the rule of law and secures investors and their lawful interests particularly, when their interests clash with unlawful and traditionally powerful interests within the country then Tanzania, remains, an exceedingly unsafe place to invest regardless of its government's rhetoric to the contrary.

Margaret Casey
Freelance Press. 15th March 2007


Readers are referred to the following for further information on this case:-

http://www.prweb.com/releases/2006/8/prweb427377.htm
http://www.pressmethod.com/releasestorage/14170.htm
http://www.emediawire.com/releases/2006/9/emw438219.htm
http://www.prweb.com/releases/2006/9/prweb427644.htm
http://www.pressmethod.com/releasestorage/10939.htm
http://www.prweb.com/releases/2006/8/prweb427377.htm
http://www.theyworkforyou.com/user/?u=6627
http://www.authorizedmovers.com/articles/Roger-Gale-British-M-P--Calls.htm
http://www.tzuk.net/index.php?option=com_joomlaboard&Itemid=60&func=view&catid=55&id=2121
http://www.clickafrique.com/Forums/Thread.aspx?sectionid=23&threadid=2344&pageID=1
http://www.clickafrique.com/Forums/Thread.aspx?sectionid=23&threadid=2337&pageID=1
http://www.pressmethod.com/releasestorage/10987.htm

 

[Kazi Ndiyo Kipimo Cha Utu]

Tosca karibu sana !
Lakini mbona wanapofanyiwa wazawa na hao wanaoitwa investors hujatuletea humu,................Kulikoni?
Anyway kama ni uonevu hatuchagui nani kaonewa bali tunahitaji kuona mwenyehaki anapata haki yake kwa sheria kufuata mkondo.

 

[Kiungani]

Tosca, I am somehow troubled by your narration, assumptions and speculations.
If the so-called 'investors' Mr. Middleton and his wife are so much unhappy about their 'investment' venture in Tanzania (though you clearly indicate that it is more or less concentrated in Hai), why don't they leave? You keep referring to 'investors' and yet you mention only one 'investor' Mr Middleton.
Your article implies that the laws are only good if, and when, they favor Mr Middleton and yet you are saying that the gov't does not follow the law.

For every incident you have narrated here, there are thousands of worse incidents done by your 'investors' to wananchi, and I guess I won't see you shed a tear. Mr. Middleton and the likes of him are what people call 'matapeli'. Give them an inch and they want to take a mile, just because they perceive that wananchi are so dumb.

 

[Zacharia]

haina ukweli Make sure unafanya Reseach kabla ya kuidhinisha kwa majority

 

[BAK]

Huyu Manji inasemekana katika uchaguzi mkuu uliopita ndio alikuwa kama bank ya CCM, hivyo haishangazi kuwa na kiburi anachoonyesha.



TRA, Quality Group lock horns: At issue is 1.3bn/- taxes owed from NSSF deal

THISDAY REPORTERS
Dar es Salaam

QUALITY Group Limited is now alleged to have tried to dodge taxes amounting to over a billion shillings by failing to disclose to the Tanzania Revenue Authority the sale of its Ubungo godowns in Dar es Salaam to the National Social Security Fund for a staggering 47.5bn/-.

Well-placed government sources have told THISDAY that even after NSSF made final payment to Quality Group for the Hifadhi EPZ warehouses at Ubungo in the city, the company appeared to intentionally dilly-dally in informing TRA about the sale as required by law.

Regulations required the privately-owned company as seller to inform TRA as quickly as possible about such a transaction for tax purposes.

Quality Group’s tax obligations in the deal are understood to have included capital gains tax, which is 10 per cent of the selling price minus adjusted costs such as depreciation and other costs.

However, according to our sources, TRA came to learn about the transaction by itself quite a while after the final payment was made to Quality Group by NSSF.

’’That was when TRA officials started following up the matter to try and establish if the relevant taxes were paid. It was later revealed that Quality Group had not informed TRA on the sale as required by law, and had thus dodged to pay taxes,’’ said a government official familiar with the transaction.

The sources said the Quality Group CEO, local businessman Yusuf Manji, furthermore refused to disclose details of the transaction even after officials from TRA’s domestic revenue department contacted him directly about the deal.

It was only after an independent assessment of the revenue implications tied in with the transaction, that the TRA officials are said to have discovered that the company had dodged taxes amounting to a total of 1.3bn/-.

According to the government official, the initial 10 per cent capital gains tax estimate on the transaction amounted to 4.75bn/-, but the figure was lowered to 1.3bn/- after adjusting for depreciation and other costs.

’’When Manji was initially confronted by TRA officials over payment of the due taxes, he did not cooperate and even refused to pay. He only obliged after being served with a distress warrant sometime last year,’’ explained another source.

The TRA serves a distress warrant to taxpayers who resist to pay their due taxes after the commissioner-general has confirmed the revenue assessment. If a taxpayer fails to pay within 10 days of being served with the warrant, the TRA has the right to seize any property belonging to the defaulting taxpayer after appointing a broker, so as to recover the money.

In this case, the source said that Manji ’sensed danger’ and eventually complied before the expiry of the ultimatum, submitting his company’s records to TRA and initially paying 500m/- of the 1.3bn/- taxes due.

He is then said to have immediately submitted a formal appeal with the National Tax Revenue Appeals Board, disputing the TRA order for him to pay the assessed amount of taxes.

To appeal, a taxpayer must pay at least one-third of the assessed amount he is rejecting as being excessive. And according to latest findings by THISDAY, the board has already heard the appeal and is expected to give its ruling anytime in the next few days.

In the meantime, THISDAY has also learnt that TRA is still studying another major transaction between the same Quality Group Limited company and another pensions fund scheme - the Public Service Pensions Fund.

In this deal also concluded in 2004, Quality Group sold its Quality Plaza building along Nyerere Road in the city to PSPF for a whopping 36bn/-.

The two transactions concluded with NSSF and PSPF within a short time-span are understood to have earned the company a total of 83.5bn/-. However, TRA sources have since conclusively asserted that there were attempts in both cases to cheat the government on taxes.

Our government sources say Quality Group may have attempted to avoid paying taxes in the PSPF deal by selling 100 per cent of its shares in an offshoot company known as Quality Plaza Limited, so as to try and get around paying the 10 per cent capital gains tax by simply selling the buildings.

’’We are informed that TRA officials are still working on the matter, because the transaction was done after a new law was enacted,’’ said the sources.

No capital gains tax is paid when transactions involve sale of shares, according to tax experts.

 

[Game Theory]

Hivi Gazeti La This Day Ni La Nani?