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Billions embezzled from govt, says cag

 The Controller and Auditor General’s 2013/2014 Report, tabled yesterday in Parliament, lays bare the massive rot in local and central government authorities that continues to bleed billions of shillings in taxpayers’ money.

TheCitizen

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Habari Zinazoendana

11 years ago

TheCitizen

No request yet from govt on ‘Swiss billions’

 Nearly four months since a French judge offered a clue on how to get the list of people who have stashed away billions of shillings in foreign bank accounts, the government has yet to lodge a formal request, The Citizen has learnt.

 

10 years ago

TheCitizen

Ministers’ inaction costs govt billions

>Parliament heard yesterday how inaction on the part of ministers costs the government billions of shillings in uncollected tax money as MPs continued to expose budget funding loopholes.

 

11 years ago

TheCitizen

Expert: Govt ignores CAG

>The government is yet to respond and work on queries that have been directed by the Controller and Auditor General (CAG) over unqualified health expenses amounting to multi-billion shillings for the past 15 years.

 

10 years ago

TheCitizen

Three more charged over escrow billions

>Three more top government officials were charged yesterday with dishonestly receiving over Sh2 billion from Mr James Rugemalira of VIP Engineering--the company that pocketed over Sh100 billion after selling its 30 percent stake to Pan Africa Power Solutions Tanzania Limited(PAP).

 

10 years ago

TheCitizen

Jobless youth: where did the jk billions go?

The 2014 African Economic Outlook presents data that should give the continent’s leaders food for thought.

 

11 years ago

TheCitizen

We may never get back the Swiss billions, experts say

The earliest Tanzania can hope to lay its hands on the Swiss billions is 2020, The Citizen on Sunday can authoritatively reveal today. Even then, it will happen only if everything goes according to plan and the country manages to recover the money with the help of the International Centre for Asset Recovery (ICAR).

 

11 years ago

TheCitizen

More details emerge on offshore billions

Three individuals out of the seven named in a leaked offshore data, who used Tanzanian addresses to register companies, were agents acting and facilitating some local leaders and businesspeople in illicit financial deals.

 

10 years ago

Daily News

Billions stuck in tax disputes


Billions stuck in tax disputes
Daily News
ABOUT 1tr/- was disputed between 2002 and 2014 while 168bn/- has been tied up in cases which are pending for years due to lack of knowledge of taxpayers' role, a prominent tax expert has said. Dr Kibuta Ongwamuhana, the Managing Partner of Ako ...

 

10 years ago

TheCitizen

Stanbic at a crossroads over escrow billions

Stanbic Bank Tanzania is at a crossroads following Parliament’s resolution that the bank be investigated and tasked to help recover the Tegeta escrow account billions after it was accused of gross violation of anti-money laundering rules.

 

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