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13 key queries CAG will probe in IPTL sale saga

he stage is finally set for the investigation into the controversial sale of Independent Power Tanzania Ltd (IPTL) following the release of 13 key audit queries as handed to the Controller and Auditor General (CAG).

TheCitizen

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Habari Zinazoendana

11 years ago

TheCitizen

MPs call on House to probe IPTL sale saga

>What was initially viewed as a clean deal before it was exposed by The Citizen as a transaction with too many unanswered questions surfaced in Parliament yesterday, with MPs demanding a thorough investigation into the $122 million (Sh201 billion) scheme.

 

11 years ago

TheCitizen

Documents raise new queries on IPTL sale

>The documents submitted by Pan African Power Solutions(PAP) to Tanzania Revenue Authority (TRA) show that the Malaysian company, Mechmar Corporation purportedly sold its 70 percent shares in Independent Power Tanzania Limited (IPTL) in September 2013 at a mere Sh6 million, The Citizen can reveal today.

 

10 years ago

IPPmedia

UKAWA queries President`s stand on IPTL saga


UKAWA queries President`s stand on IPTL saga
IPPmedia
The Coalition of People's Constitution (UKAWA) has appealed to the National Assembly to ask the government to implement resolutions on the Tegeta escrow account as made by the Parliamentary Public Accounts Committee (PAC). They jointly called for the ...

 

11 years ago

TheCitizen

Kafulila asks JK to intervene in IPTL sale saga

>Kigoma South MP David Kafulila yesterday appealed to President Jakaya Kikwete to intervene in the controversy surrounding the payment of Sh201 billion to Pan African Power Solutions Ltd (PAP).

 

11 years ago

TheCitizen

Parliament now orders probe into IPTL saga

>The Parliamentary Accounts Committee (PAC) has ordered thorough  investigations and auditing of the accounts and controversial sale of  the troubled Independent Power Tanzania Limited (IPTL).

 

10 years ago

TheCitizen

How Ndulu’s queries on IPTL were ditched

The Attorney General’s office and Ministry of Energy and Minerals overruled queries raised by the Bank of Tanzania (BoT) on the legality of transferring $122 million (Sh207 billion) to the account of Pan Africa Power Solutions at Stanbic Bank, The Citizen can reveal today.

 

11 years ago

TheCitizen

Team’s queries on IPTL deal

>Was it proper for the Attorney General to order exemption of value added Tax (VAT) amounting to Sh26 billion in the sale of the Independent Power Tanzania Limited (IPTL)?

 

11 years ago

IPPmedia

How IPTL saga frustrates govt


Sudan Vision
How IPTL saga frustrates govt
IPPmedia
Tanzania has told the World Bank that development partners (donors) have instituted stringent conditions that were holding back the country's budget implementation. The Permanent Secretary Ministry of Finance Dr Servacius Likwelile said in Washington ...
Donors delay some aid to Tanzania over graft claimsTrustLaw (blog)

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10 years ago

IPPmedia

MPs ready for debate on IPTL saga


Daily News
MPs ready for debate on IPTL saga
IPPmedia
It's now official that the eagerly awaited debate on the raging controversy over the Tegeta escrow account scandal reports will run for three consecutive days in the National Assembly starting tomorrow. The decision came after a dramatic back and forth ...
MPs decry 'Escrow' report spillDaily News

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