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Tag: Uganda Revenue Authority

Anti-Corruption Court Bites Hard in Landmark Ruling On VAT Fraud, Slaps  Businessman With Shs1.4Bn Fine

Anti-Corruption Court Bites Hard in Landmark Ruling On VAT Fraud, Slaps Businessman With Shs1.4Bn Fine

FEATURED, NEWS
By Keefa Nuwahereza The Anti-Corruption Court on Friday convicted Leonard Alikiriza, the Managing Director of Nyaks & Lenny Enterprises Ltd and Leds (U) Ltd, on 6 accounts of making false and misleading statements to a Tax Officer, contrary to section 58 (1) (a) of the Tax Procedures Code Act, 2014 causing a tax loss of Shs497,397,982 in respect of LEDS (U) LTD and Shs1,980,032,566 in respect of Nyaks & Lenny Enterprises Ltd. Alikiriza was jointly charged with Musisi Majidu, an agent of Xing Dongmin and Hongai on two accounts of conspiracy to commit a felony contrary to section 390 of the Penal Code Act Cap 120. The accused were however acquitted on the charge of conspiracy. This was a VAT fraud case which involved transactions between the accused person’s companies (Xing...
Retired URA Commissioner Kateshumbwa Joins Politics, Vows To Oust  Tumwesigye From Sheema

Retired URA Commissioner Kateshumbwa Joins Politics, Vows To Oust Tumwesigye From Sheema

FEATURED, Politics
By Keefa Nuwahereza Former Uganda Revenue Authority (URA) Commissioner  for Customs, Dicksons Kateshumbwa, has caught ‘political fever’ and as you read this, he is warming up for the 2021 General elections, with intent to oust Elioda Tumwesigye from the Sheema Municipality Member of Parliament seat. Our Moles reveal that Kateshumbwa strategically resigned his position at URA a few weeks ago, such that he could prepare ahead of time for the elections. We are told he is currently doing ‘Digital Kakuyege’ rallying  all his friends, OBs, colleagues, former workmates and all people from Sheema through social media platforms to vote for him when the time comes, since he believes he has the potential. Currently, posters and flyers bearing Kateshumbwa as an aspiring candidate for She...
War At URA: Museveni Weeds Out Akol’s  Loyalists Over Accusations of Corruption, Sex Scandals

War At URA: Museveni Weeds Out Akol’s Loyalists Over Accusations of Corruption, Sex Scandals

FEATURED, NEWS
By Elite Reporter There is turmoil at the Uganda Revenue Authority (URA) Towers in Nakawa, which has exploded and seen many tax officers tumbling down the stairs! However, their fall has been disguised and sugarcoated as resignation, in our insiders at the URA Tower reveal that these senior Commissioners who purportedly resigned were actually fired, or rather forced to resign by the new Commissioner General John Musinguzi, after allegations of corruption and sex-predating cropped up their profiles, something that breaches the professionalism that URA prides in. President Yoweri Museveni fired former URA boss Doris Akol in March 2020 So whereas news has been going around that four top URA Commissioners, who include Mr Dicksons Kateshumbwa, Mr Henry Saka, Mr Silajji Kanyesigye B...
URA Operatives Arrest  Yaket International Limited Bosses For Flouting Digital Tax Stamps Regulations During COVID-19 Lockdown

URA Operatives Arrest Yaket International Limited Bosses For Flouting Digital Tax Stamps Regulations During COVID-19 Lockdown

FEATURED, NEWS
By Keefa Nuwahereza A team of Uganda Revenue Authority (URA) operatives on Friday sealed off Yaket International Limited, the manufacturers of mineral water that bears singer Spice Diana's picture, after gathering intelligence that the Company managers were using the COVID-19 lockdown to flout Digital Stamps regulations. The URA Domestic Taxes Enforcement Unit, working on solid intelligence, moved in on Yaket International Limited, the manufacturers of Yaket Mineral Water and found the company producing and packaging unstamped water at their premises in Gayaza. The enforcement team also established that the factory was running two production lines churning out unstamped bottled water while two trucks were found on the road conveying unstamped water from the factory. Seven tru...