TRA SHUTS MANJI FIRM OVER SH12BN TAX BILL - FINANCIAL-24
The entrance leading to offices of Farm Equipment Limited after it was shut by Tanzania Revenue Authority in Dar es Salaam yesterday. |
“It was around 10 am, when TRA oficials in collaboration with Yono Auction Mart and Company Ltd, locked the office and ordered workers to vacate,” said the source. Mr Manji has been facing several challenges since beginning of this year, others including the arm of the law.
Other challenges include prospects of losing his position as Mbagala Kuu ward Councillor, after he failed to attend six full council meetings consecutively. It was confirmed September 6, this year by the Temeke Municipal Mayor, Mr Abdallah Chaurembo, who said Mr Manji has breached section 8, article 25(5) (a) (b) of the local government’s act of 1982 and the municipal regulations.
He stressed that Manji had missed six full council meetings consecutively something which denied representation to Mbagala Kuu residents.
Therefore, he wrote to the Minister in the President’s Office Regional Administration and Local Governments as it is required by the law.
However, the decision was made while Manji was under custody for months pending hearing of economic and national security charges levelled against him by the state. He was, however, freed after the Director of Public Prosecution said that he had no interest in pursuing the charges.
Other misfortunes facing the businessman include the decision by President John Magufuli to revoke ownership of his 714-acre farm in Kigamboni, Dar es Salaam.
Yusuf Manji, CEO of QGL (Quality Group Limited), before his early retirement was one of the most reputed businessman in Tanzania. He heads a $700- million conglomerate in a wide range of sectors including automobiles, real estate, facilities and trade.
He is also a representative of TANPERCH (a QGL company) is the Chairman of the Tanzanian Industrial Fishing and Processors Association.
Credit: The Citizen newspaper
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