Sahel Investment appeals against D7M owed to state
Tuesday, August 14, 2012
The Gambia Court of Appeal has stayed the execution of the orders of the Commission of Inquiry into Tax Evasion and other Corrupt Practices to the sum of D7, 259, 978.34, reportedly owed to the state by Sahel Investment Management International Ltd.
The Court of Appeal, presided over by Justice Joseph Wowo as president, with Justice Naceesay Sallah-Wadda and Justice Amie Joof as members, however ordered that the appellant enter into a bond with the Registrar of the Court of Appeal in the sum of D7, 259, 978.34.
The said court orders followed the application filed by Sahel Investment Management International Ltd for staying the execution of the orders of the adverse findings and/or the recommendations of the Commission of Inquiry into Tax Evasion and other Corrupt Practices in The Gambia served on them pending the hearing and determination of the appeal.
The said orders were rendered in the presence of Kebba Njie, managing director of Sahel Investment Management International Ltd; Yassin Senghore, counsel for the appellant and M.B Abubakar for the respondent (the state). The case was adjourned to the 22nd October 2012.
Author: Sidiq Asemota