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LRA Probing Aminata In Suspected Fuel Theft
Date Uploaded: Nov 03, 2015

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LRA Probing Aminata In Suspected Fuel Theft

MONROVIA, October 29 (LINA) - The Liberia Revenue Authority (LRA) is probing Aminata & Sons  Inc. after the company was caught misdirecting a tanker of fuel belonging to  the Liberia Water and Sewer Corporation (LWSC).

The tanker and its products, which were due to be delivered to the LWSC head office in Monrovia, were instead diverted to Aminata’s local station in Kakata, Margibi County.

The tanker was on Wednesday, October 28, impounded and returned to Monrovia after the LRA, through its cover-up operations, uncovered the scheme, accortding to a LRS release issued Monday.

Aminata and Sons, Inc., one of the major importers of petroleum products in the country, is currently the vendor for LWSC which enjoys duty free privilege on fuel.

LRA Customs Commissioner Saa Saamoi said after Aminata lifted the fuel from the compound of the Liberia Petroleum Company (LPRC) on Bushrod  Island, the tanker was covertly followed to authenticate its  destination.

“…And at the end of the day, what should have been a delivery at Liberia Water and Sewer Headquarters in Monrovia, ended up at Aminata retail  station in Kakata,” he said.

The LRA says it cannot link any person from the Liberia Water and Sewer  Corporation to the act until a full investigation is completed, the release said.

Under the law, there is a penalty, a jail sentence of five years or confiscation of the product or all three of the above for the action, according to the LRA release.

The Customs Commissioner said the action is tax evasion and it undermines revenue generation and significantly hurts free market competition.

Meanwhile, the LRA has suspended AMINATA and Sons Inc. from lifting duty free products at the LPRC pending the outcome of the investigation.

LINA PR/PTK

 

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