Two GSM Companies in Liberia have paid in bulk more than US$1, 521,926.19 into government revenues for failure to pay their license fees. The money was collected from Libercell and Commuin since February 2012, a little 120 days ago by the Montserrado County Tax court.
At the opening of the Court at the Temple of Justice Tuesday, Judge Eva Mappy-Morgan reported that at the conclusion of the payment by the two GSM Companies in January 2013, the court would have deposited some US$3, 500,000.00 plus into government’s covers.
On June 4, 2012, the court informed Comium-Liberia that its third installment payment of US$82,500.00 schedule expired since May 28, 2012, and requested the company to present an official flag receipt to the Tax Court at 12:00 yesterday evidencing said payment.
On May 29, 2012, the Alantic Wireless Incorporated or Libercell paid US$183,740.80 to the General Revenue Account of Finance Ministry, through UBA’s (United Bank for Africa’s) manager’s check #00007252, dated May 28, 2012. Court documents say the payment was Libercell’s second installment of the court’s approved stipulation.
On February 22, 2012, Assistant Justice Minister for Taxation Aaron B. Kparkillen presented photo copies of receipts to the Tax Court clerk for another payment by Libercell to the tune of US$612, 469.30 or 25% of the judgment against the company.
Libercell is to pay in ten installments, US$1, 837, and 407.95 from April 30, 2012 to January 31, 2013, in addition to an immediate payment of the initial 25 percent payment (US$612, 469.32) earlier made in February.
Upon completing all payments in 2013, Libercell would have paid US$2, 449, 877.27 owed the government. According to Court documents, the company made a commitment for the court to set aside the stipulation and enforce the balance payments against it if it failed to do full settlement.