URA petitioned over ComFoam tax Fraud

The Global Network for Community Mindset Uganda Limited has petitioned the Commissioner General of Uganda Revenue Authority (URA) John Musinguzi over ComFoam’s tax embezzlement of Shs55 billion.

The Director of Global Network for Mindset Uganda Ltd, Ms. Jaria Namusoke averred that the Chinese company which imports and manufactures mattresses, has cheated URA since 2014 in importation of raw materials called isocyanate 80/20 (TDI). The polyethylene is rejected by Uganda National Bureau of Standards (UNBS) as per shipping however it is still smuggled into the country and still in use.

She contends that tax evasion has been going on with the knowledge of top URA officials by under declaration of the quality of the products. The petitioners noted that they revisited URA website from Iganga branch on October 27,2017 and on November 3, 2017 after following the trailers from Malaba customs yard where they found that the chemical is rejected for shipping into the country. The polyethylene chemical importation has since not been investigated.

“I visited Zhorhlian Chemicals Limited the leading producer of TDI 80/20 in China. The file was handed over to Kibuli Crime investigation, GEF 428/18 for further action to her dismay they were stopped by Minister Jeje Odong until evidence surfaced,” she said.

“If the country is to lose such a figure in the next five years, then our GDP will be affected. The law protects the investor but are they protecting our economy or terrorizing it,” she wrote.

She said ComFoam and URA have failed, and violated section 342, 269, 319, 324, 326 and 87 of the Penal Code Act.

The Operations manager of ComFoam only identified as Owen revealed that this is baseless because URA cleared them.

However, Entebbe Post has learnt that despite Owen stating that they were cleared by URA, ComFoam was still under investigations by police. Reports further indicate that some elements within the investigating team were reportedly compromised with a view of having the investigations closed.

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