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| toubab1020 |
Posted - 01 Oct 2018 : 18:29:01
Monday, October 01, 2018
The office of The Gambia International Airline (GIA) on Kairaba Avenue has been reportedly closed down temporally by The Gambia Revenue Authority GRA, according to impeccable sources.
The closure was done on Thursday after series of engagement with the (GIA) to settle their tax but to no avail, GRA officials said.
According to our sources, the GIA was unwilling to honour its corporate tax obligation between 2017 and 2018.
Mr. Ousman Bah, head of Corporate Affairs at GRA confirmed the closure to our reporter, explaining that GIA has been in tax arrears from 2017 to date. He also explained that since then, nor did GIA file their return neither pay their tax.
However, Mr. Bah said after series of engagement with GIA, they have not been compliant.
“Therefore GRA is left with no choice but to use the law to enforce in closing their office along Kairaba Avenue,” Mr. Bah said. He also stated that GRA is empowered by Section (215 ) of the Income and Value Added Tax to temporally close down any business that has not comply with the tax law of the land.
He also cited that the closure of GIA’s office will last for two weeks. According to him, if they don’t pay at the end of two weeks then GRA will take the case to court.
He further confirmed that the GIA Kairaba Avenue office is closed and staff cannot have access to the office pending the outcome of the matter.
Author: Abdoulie Nyockeh
http://thepoint.gm/africa/gambia/article/gra-closes-gia-office-on-kairaba-avenue |
| 2 L A T E S T R E P L I E S (Newest First) |
| toubab1020 |
Posted - 04 Nov 2018 : 17:54:03
"The D778,676.78 spent on the car’s maintenance was not presented to GPPA and that was why, we did not capture it in our reports,” said Baba Darbo."
AND
"the then Managing Director’s car whose maintenance cost earned D778,676.78. This came by a way of a proposal put forward by Hon. Alagie Jawara and unanimously accepted by members of the committee to see such a type of car."
Such a car must have had great problems,it would be very interesting to see a bill from the person or garage who did the work together with receipts from the suppliers of spare parts that were required for maintainence 
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By Kebba Secka November 2, 2018
The Public Enterprise Committee (PEC) of the National Assembly headed by Hon. Halifa Sallah on Thursday 1st November adopted the financial and activities reports of the Gambia International Airline (GIA) on condition that members of the committee would be inspecting the then Managing Director’s car whose maintenance cost earned D778,676.78. This came by a way of a proposal put forward by Hon. Alagie Jawara and unanimously accepted by members of the committee to see such a type of car.
The said sum, according to the current managing director, Saloum Malang, was spent on repairing and maintaining the MD’s car BJL 6244H but that this still did not make the car fully operational. To shed light on the said sum, Gambia Public and Procurement Authority’s (GPPA) Baba Y. Darbo said the records of the expenditure on the MD’s car was not among the items provided to them during the procurement exercise and that was why it was not captured in their reports. “The D778,676.78 spent on the car’s maintenance was not presented to GPPA and that was why, we did not capture it in our reports,” said Baba Darbo. He added that when they made review demands of some items, disposal of some vehicles were not provided to them upon their request for Procurement. “Surprisingly, the Auditors did capture it in their reports when it did not pass through us, (GPPA),” he said.
While scrutinizing the reports, members of the committee took turn in seeking clarification on doubting issues such as how GIA makes decisions without a functional board. Hon. Bakary Camara of Foni Bintang Constituency asked management to guide the committee on how it operates in terms of making decisions without a functional board committee. He referred management to his presentation where they mentioned that sometimes in 2015, there was no effective functional board committee for the GIA.
In response, MD Malang said: “Decisions were normally taken by senior management team.” Dwelling on capacity building and retention of able staff, Hon Jawara asked management whether they do bind sponsored students. “Yes, we have binding policy for sponsored overseas students but students trained locally are not bound,” replied MD Malang. He was asked by Hon. Bakary Camara to explain how the reduction of loan occurred in the 2015 financial activity reports. In response, MD Malang said: “There was a special committee that was responsible for managing the state aircraft that dealt with the type of loan you are asking for. I have no idea about that,” he told the committee. Challenged by the Hon. Chairperson to tell the committee who would be the relevant authority to supply the committee with the needed information, MD said: “Perhaps, the outgoing board.” Managing Director also took the opportunity to highlight the committee the challenges faced by GIA in 2014/15 respectively.
Management went on to highlight that $2.2 million was secured from Zenith Bank for the construction of the GIA Corporate Complex. According to them, the loan would be paid over a period of seven (7) years. Revealing Gambia Government’s Loan to the GIA, management said D8.4 million was obtained from the Japanese Non Project Grant Aid in 1994 given to the then Gambia Airways offshoot company of GIA. The funds were utilized to procure Ground Support Equipment in 1994. Management further explained that when Gambia Airways was liquidated in 1996, the assets together with their cost (loan) through the MOFEA were transferred to the newly created Gambia International Airlines Ltd. “This loan is payable over 10 years at interest rate of 5% per annum. Covenants of the loan were for GIA to keep comprehensive reports of the assets, to provide the lender with information relating to the assets financed by the principal loan,” said GIA management.
http://foroyaa.gm/gias-activity-financial-reports-adopted-with-condition/ |
| toubab1020 |
Posted - 15 Oct 2018 : 17:50:27
As someone once said:"Nothing is more certain in this life as death and taxes"
That's OK NOW because G.I.A. HAVE PAID THEIR TAXES !!!!
A saying I use :" Nothing is FREE in this world, "
Yes Folks, EVEN IN AFRICA,America,UK, 
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Monday, October 15, 2018
Abdoulie Nyockeh
Gambia International Airline (GIA) along Kairaba Avenue has been re-opened for business by The Gambia Revenue Authority (GRA) following the settlement of their outstanding tax arrears last week.
Gambia Revenue Authority head of cooperate and public affairs, Ousman Bah confirmed the re-opening of the office when contacted. He said they have settled their arrears with GRA and has resumed normal business operation.
Mr. Bah said GRA is empowered by Section 215 of the Constitution to close any business that does not comply with revenue laws.
Gambia International Airline Kairaba Avenue office was temporarily closed by GRA due to tax arrears.
http://thepoint.gm/africa/gambia/article/gia-kairaba-avenue-office-re-opens |
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