Who is fooling Tanzanians on the IPTL acquisition deal?

>Two camps emerged when The Citizen broke the story about the Independent Power Tanzania Limited(IPTL)takeover and the subsequent withdrawal of $122million from the Escrow account at the Bank of Tanzania.

TheCitizen

Habari Zinazoendana

11 years ago

TheCitizen

14 Jul

$1bn loss: Who’s fooling Tanzanians?

As the alleged leaked contract between the government and Norwegian company StatOil continues to circulate online, the biggest question that begs an urgent and sober answer from the government, investors and those who leaked the document is: Who is fooling Tanzanians?

 

11 years ago

TheCitizen

18 Mar

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

TheCitizen

13 Mar

PAP: IPTL takeover was a clean deal

The executive chairman of Pan Africa Power Solutions Ltd (PAP), Mr Harbinder Singh Sethi, has finally come out this week to defend the way his company acquired Independent Power Tanzania Limited (IPTL).

 

11 years ago

TheCitizen

05 Mar

How Kenyan tycoon sealed IPTL deal in Dar

The Kenyan businessman, Mr Harbinder Singh Sethi, claimed he had a solution to the IPTL saga whereby, among other things, he managed to garner the backing of some top government officials.

 

11 years ago

TheCitizen

04 Mar

How $270-million IPTL deal was planned and executed

The controversial Independent Power Tanzania Ltd (IPTL) takeover deal that involved part of some $270 million from an escrow account was initiated on August 11, 2010, The Citizen can reveal today.

 

11 years ago

TheCitizen

12 Mar

CAG, Bunge committee to meet over $122m IPTL deal

The $122million (Sh201 billion) Escrow account saga has taken a new twist after the Public Account Committee (PAC) summoned the Controller and Auditor General (CAG) to appear before the Parliamentary watchdog tomorrow to discuss how the multibillion shillings deal was transacted.

 

11 years ago

TheCitizen

03 Mar

$270m deal: Story of IPTL, PAP and High Court

>The acquisition of the Independent Power Tanzania Ltd (IPTL) facilities has caused anxiety and raised questions in legal and government circles—with some analysts likening it with the $131 million External Payments Arrears (EPA) mind-boggling scam.

 

10 years ago

TheCitizen

24 Nov

Facts on IPTL deal ahead of the tabling of escrow scam report

>As the nation awaits what will transpire this week in Parliament with the tabling of the probe report on the escrow account, The Citizen brings you a chronology of key events since Independent Power Tanzania Limited (IPTL) signed a memorandum of understanding with Tanzania Electric Supply Company (Tanesco)  20 years ago:

 

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