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NBS TV FACES CLOSURE OVER TAX 8BN EVASION

Written by  Feb 19, 2018

Uganda Revenue Authority officials have stormed offices of NBS television over tax evasion . It has been established that officers raided offices of NBS based in Media Plaza, Kira road and demanded all financial documents concerning

  income and expenditure of the company .

But tax men encountered some hardship when some staff of NBS refused to avail them information they wanted saying they first needed authorisation from Kin Kaliisa the owner of the station who had gone into hiding . Later officers used force to access computers  from finance and operations offices.  All this raid took place after one of the former workers of NBS TV whistle blew to URA that Kaliisa has not been remitting taxes to tax body .

It's said that even management has not been remiting funds of its staff to Nssf. Kaliisa who recently accumulated some wealth from Statehouse to buy and rebrand Nbs, he been using some officials from president's office to evade taxes.
If the tax investigations continue,NBS could also face the death trap that led to the closure of Wbs tv over tax evasion. It's estimated that URA demands more than 8billion shillings from all next media Group.
Kaliisa 's luck has run out after one of his God fathers in state house decided to remove his protection.{googleads right}


This is not the first time that Kin Kaliisa is involved in such scandals. At around 2013, Kaliisa was implicated in the exorbitant sell of Namanve industrial Park where he siphoned alot of money from investors.

Last modified on Monday, 19 February 2018 08:30
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