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

M7 PROBES MTN BOSSES OVER 362BN TAX SCANDAL

10/03/2025
Why Muhoozi’s PLU Is Becoming Hard for MPs to Ignore as It Emerges as a New Power Centre in NRM, Shapes the Speaker Race

Why Muhoozi’s PLU Is Becoming Hard for MPs to Ignore as It Emerges as a New Power Centre in NRM, Shapes the Speaker Race

05/16/2026
The Crucible of Institutional Capture: Why My Witness to the Fall of Anita Among Offers No Comfort

The Crucible of Institutional Capture: Why My Witness to the Fall of Anita Among Offers No Comfort

05/16/2026
Anita Among Victim of Witchcraft-NTV Reporting on How Speaker & Kadaga Traded Sorcery Accusations Before M7 During Stormy State House Meeting   

Anita Among Victim of Witchcraft-NTV Reporting on How Speaker & Kadaga Traded Sorcery Accusations Before M7 During Stormy State House Meeting   

05/16/2026
BETRAYAL, REVENGE & POWER: How Namuganza Is Rising as Anita Among’s Speakership Empire Collapses

Why Namuganza Has the Cards For Deputy Speakership Job

05/15/2026
Public Celebrates Oboth-Oboth as M7 Plans To Meet Mao This Weekend to Get Him Accept Some other position

Public Celebrates Oboth-Oboth as M7 Plans To Meet Mao This Weekend to Get Him Accept Some other position

05/15/2026
M7 Deploys Acting Ministers As New Cabinet List Delays-GOVT MUST KEEP RUNNING

M7 Deploys Acting Ministers As New Cabinet List Delays-GOVT MUST KEEP RUNNING

05/15/2026
Museveni Praised for Strengthening Uganda’s Statistical Independence as Eswatini Benchmarks UBOS Census Success

Museveni Praised for Strengthening Uganda’s Statistical Independence as Eswatini Benchmarks UBOS Census Success

05/16/2026
Team Judiciary: What happened to you?

Why Uganda’s Failure to Count Its Newborns is Costing Our Future!

05/16/2026
Museveni Praised for Strengthening Uganda’s Statistical Independence as Eswatini Benchmarks UBOS Census Success

UBOS Boss Hails President Museveni for Championing Statistical Independence and Quality Data Production

05/16/2026
BETRAYAL, REVENGE & POWER: How Namuganza Is Rising as Anita Among’s Speakership Empire Collapses

BETRAYAL, REVENGE & POWER: How Namuganza Is Rising as Anita Among’s Speakership Empire Collapses

05/15/2026
Retiring Top Court Judge Dr. Egonda Ntende Calls Out Uganda Judiciary for Aiding NUP Mufumbiro’s Prosecution-WHO TREATS GRIEVING ORPHANS THAT WAY?

Retiring Top Court Judge Dr. Egonda Ntende Calls Out Uganda Judiciary for Aiding NUP Mufumbiro’s Prosecution-WHO TREATS GRIEVING ORPHANS THAT WAY?

05/14/2026
JUSTICE EGONDA NTENDE TIPS TIMID JUDICIARY BOSSES: Time to Emulate Courage with Which CJ Wako Wambuzi Stood up to Dictator Idi Amin

JUSTICE EGONDA NTENDE TIPS TIMID JUDICIARY BOSSES: Time to Emulate Courage with Which CJ Wako Wambuzi Stood up to Dictator Idi Amin

05/14/2026
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: 1,244

Related Posts

Why Muhoozi’s PLU Is Becoming Hard for MPs to Ignore as It Emerges as a New Power Centre in NRM, Shapes the Speaker Race
NEWS

Why Muhoozi’s PLU Is Becoming Hard for MPs to Ignore as It Emerges as a New Power Centre in NRM, Shapes the Speaker Race

18 hours ago
The Crucible of Institutional Capture: Why My Witness to the Fall of Anita Among Offers No Comfort
NEWS

The Crucible of Institutional Capture: Why My Witness to the Fall of Anita Among Offers No Comfort

20 hours ago
Anita Among Victim of Witchcraft-NTV Reporting on How Speaker & Kadaga Traded Sorcery Accusations Before M7 During Stormy State House Meeting   
NEWS

Anita Among Victim of Witchcraft-NTV Reporting on How Speaker & Kadaga Traded Sorcery Accusations Before M7 During Stormy State House Meeting   

21 hours ago
BETRAYAL, REVENGE & POWER: How Namuganza Is Rising as Anita Among’s Speakership Empire Collapses
NEWS

Why Namuganza Has the Cards For Deputy Speakership Job

1 day ago
Public Celebrates Oboth-Oboth as M7 Plans To Meet Mao This Weekend to Get Him Accept Some other position
NEWS

Public Celebrates Oboth-Oboth as M7 Plans To Meet Mao This Weekend to Get Him Accept Some other position

1 day ago
M7 Deploys Acting Ministers As New Cabinet List Delays-GOVT MUST KEEP RUNNING
NEWS

M7 Deploys Acting Ministers As New Cabinet List Delays-GOVT MUST KEEP RUNNING

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?