• Latest
  • Trending
M7 PROBES MTN BOSSES OVER 362BN TAX SCANDAL

M7 PROBES MTN BOSSES OVER 362BN TAX SCANDAL

10/03/2025
It’s Bad Manners to Kidnap a Lawyer For doing his work! PFF’s Ssemujju Nganda Calls Our Gen MK Over Erias Lukwago’s Arrest  

It’s Bad Manners to Kidnap a Lawyer For doing his work! PFF’s Ssemujju Nganda Calls Our Gen MK Over Erias Lukwago’s Arrest  

06/15/2026
Why I Was Wrong About The Law Development Centre

Why I Was Wrong About The Law Development Centre

06/15/2026
ALLY TURNED FOE: Full Figure Declares war on Haruna Kasolo, Regrets Ever Supporting Him

ALLY TURNED FOE: Full Figure Declares war on Haruna Kasolo, Regrets Ever Supporting Him

06/15/2026
I got My VX from Gen MK & Not Anita Among! David Kabanda on Claims that former Speaker Gave Him a Commissioner’s Vehicle

I got My VX from Gen MK & Not Anita Among! David Kabanda on Claims that former Speaker Gave Him a Commissioner’s Vehicle

06/15/2026
Equity Bank Empowers Nursery Expansion and Green Livelihoods through Solar Irrigation in Lira

Equity Bank Empowers Nursery Expansion and Green Livelihoods through Solar Irrigation in Lira

06/15/2026
A Birthday Meditation on Leadership, Innovation and the Making of Uganda’s Silicon Valley!

A Birthday Meditation on Leadership, Innovation and the Making of Uganda’s Silicon Valley!

06/15/2026
RDC Kateregga Declares Nameere To Be M7’s New Edith Nakalema

RDC Kateregga Declares Nameere To Be M7’s New Edith Nakalema

06/14/2026
GROW Project Disburses Shs114 Billion to Women Entrepreneurs, Announces Additional Shs100 Billion in Loans

GROW Project Disburses Shs114 Billion to Women Entrepreneurs, Announces Additional Shs100 Billion in Loans

06/14/2026
Abbey Mukiibi’s Joke Draws Sharp Response from Pastor Bugingo at UCC Executive Dinner for Kadongo Kamu Heritage Initiative

Abbey Mukiibi’s Joke Draws Sharp Response from Pastor Bugingo at UCC Executive Dinner for Kadongo Kamu Heritage Initiative

06/14/2026
Why Are You Taking So Long to Get Married? Fellow M7 Ministers Roast Balaam as Betty Amongi Signs Out at Gender Ministry

Why Are You Taking So Long to Get Married? Fellow M7 Ministers Roast Balaam as Betty Amongi Signs Out at Gender Ministry

06/12/2026
Crucial New Parliament Block Works Enter Final Phase as 3m Kgs of Steel Gets Installed

Crucial New Parliament Block Works Enter Final Phase as 3m Kgs of Steel Gets Installed

06/12/2026
David Narrates Anita Among’s Dirty Operations to Undermine Gen MK

David Narrates Anita Among’s Dirty Operations to Undermine Gen MK

06/12/2026
mulengeranews.com
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
  • Home
  • NEWS
    • GENERAL NEWS
    • MORNING BRIEFING
    • THE GIRAFFE
    • INVESTIGATIONS
    • INTERVIEWS
  • ECONOMY WATCH
    • BUSINESS NEWS
    • BUSINESS FEATURES
    • ENERGY
    • OIL & PETROLEUM
  • HEALTH & LIFESTYLE
  • GOSSIP
    • CORPORATE BUZZ
    • POLITICAL TRIVIA
    • CELEBRITY VIBE
    • CORPORATE EVENTS
  • UPCOUNTRY
    • UPCOUNTRY FEATURES
    • UPCOUNTRY NEWS
  • FLASHBACK
    • HISTORY-INSPIRED ARTICLES
    • POLITICAL SERIES
  • More
    • EDUCATION
    • MATTERS OF FAITH
    • CHRISTIAN FAITH
    • MUSLIM FAITH
    • P’PLE PROFILES
    • WEDDINGS & MARRIAGES
    • CONTACT US
No Result
View All Result
mulengeranews.com
No Result
View All Result
Home NEWS

M7 PROBES MTN BOSSES OVER 362BN TAX SCANDAL

by Mulengera
7 years ago
in NEWS
0 0
M7 PROBES MTN BOSSES OVER 362BN TAX SCANDAL
Share on FacebookShare on Twitter

By Our Reporters
President Museveni will certainty require much more time than originally thought to get to the root cause of problems that prompted him to direct security crackdown on the SA telecom giant. Whereas much has already been written, we have learnt of existence of another file on the President’s desk relating to the Shs362bn VAT claim URA originally raised against MTN only for the same to be controversially reduced to a paltry Shs20bn. This curious reduction, causing Museveni to become very furious, was agreed upon in a process that was supervised and sanctioned by the Judiciary through a mediation process conducted under the Commercial Division of the High Court. “Not that the President is opposed to mediation. His problem is that government gave away too much under the cover of mediation and wants concerned officials to explain why they occasioned so much financial loss to the government,” an influential State House assistant says of the President who has publicly been criticizing MTN on not being adequately accountable when it comes to declaring its revenues and the resultant tax obligations.

HOW IT HAPPENED
It will be recalled that in December last year, URA prepared a list of companies that had pending obligations and on that list was MTN whose tax liability was stated to be Shs20bn. The listing indicated MTN owed Shs20bn, a figure that was controversially arrived at through mediation conducted in the Commercial Division of the High Court where URA had filed a taxation dispute case against MTN Uganda. The mediation reference was registered as 087/2016. The original head suit filed by URA against lawyer Oscar Kambona-represented MTN was registered as 0938 of 2016. We have seen the court pleadings in which URA (the Plaintiff) originally accused MTN of failing to account for Shs362bn in unfulfilled VAT tax obligations. This was arrears that was arrived at after URA commissioned a special inquiry into MTN tax declarations. MTN duly filed its Written Statement of Defense clarifying on the circumstances under which their VAT bill rose to Shs362bn. This full file (even when it was subsequently closed as a result of successful mediation) is something Museveni has adequately studied and found a lot of discrepancies over which he is planning to punish government officials he now says didn’t act prudently enough. He feels their actions and omissions bordered on economic sabotage. The big man is disturbed with the excessive generosity government teams exhibited at the mediation stage to the extent that it was agreed to reduce the MTN VAT tax obligation from Shs362bn URA had originally claimed to mere Shs20bn! Reliable State House sources say this one area where Museveni wants detectives (at the center of the current MTN inquiry) to ask tough questions about with a view to cause prosecution of some people for possible criminal negligence. (For feedback, write to us at mulengeranews@gmail.com).

Post Views: 1,292

Related Posts

It’s Bad Manners to Kidnap a Lawyer For doing his work! PFF’s Ssemujju Nganda Calls Our Gen MK Over Erias Lukwago’s Arrest  
NEWS

It’s Bad Manners to Kidnap a Lawyer For doing his work! PFF’s Ssemujju Nganda Calls Our Gen MK Over Erias Lukwago’s Arrest  

5 hours ago
Why I Was Wrong About The Law Development Centre
NEWS

Why I Was Wrong About The Law Development Centre

5 hours ago
ALLY TURNED FOE: Full Figure Declares war on Haruna Kasolo, Regrets Ever Supporting Him
NEWS

ALLY TURNED FOE: Full Figure Declares war on Haruna Kasolo, Regrets Ever Supporting Him

6 hours ago
I got My VX from Gen MK & Not Anita Among! David Kabanda on Claims that former Speaker Gave Him a Commissioner’s Vehicle
NEWS

I got My VX from Gen MK & Not Anita Among! David Kabanda on Claims that former Speaker Gave Him a Commissioner’s Vehicle

8 hours ago
Equity Bank Empowers Nursery Expansion and Green Livelihoods through Solar Irrigation in Lira
NEWS

Equity Bank Empowers Nursery Expansion and Green Livelihoods through Solar Irrigation in Lira

11 hours ago
A Birthday Meditation on Leadership, Innovation and the Making of Uganda’s Silicon Valley!
NEWS

A Birthday Meditation on Leadership, Innovation and the Making of Uganda’s Silicon Valley!

1 day ago

  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

No Result
View All Result
  • #13266 (no title)
  • Contact
  • Home
  • Homes

Copyright © 2025 All Rights Reserved by Mulengera News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?