Amadou Samba paid over D9M tax

Monday, December 04, 2017

Amadou Samba has told the Janneh Commission, on the 30th November, 2017, that he had 10% share at Gam Petroleum Ltd., which he sold and paid D9.3 million as tax.

Mr. Samba stated that he was part of the creation of the company, and that they had suppliers for two weeks for the country.  He testified that he conceived the idea with Mr. Bazzi, further disclosing that he helped to secure a land at Mandinaring.

Mr. Samba said: “I was part of the people to negotiate for the area and I also did the fencing and the concrete.  I provided almost all the facilities and I hired a crate until the end of the construction.”

He also informed the commission that he had sold Daily Observer to Baba Jobe. He was asked whether he was aware that Daily Observer was under receivership but he said that he was not aware.

Mr. Samaba also said he did not know whether the money that Baba Jobe used to buy the Daily Observer was from the Central Bank.

He also made known to the Janneh Commission that he had paid a personal tax over D9.3 million.  Gampetrol

He posited that he was sued at the High Court by Edward Gomez, but he told the court that he was not the proprietor of the company. Mr. Samba adduced that one Aben Thomas approached him and told him that Keneth Best wanted to sell the company to the tune of $268,000, and he told him that he was interested.  He said that Mr. Thomas introduced him to Mr. Best, who transferred the company to him.

He testified further that Baba Jobe told him that he was interested in the company, and that he would transfer the company to him, further stating that on the 7th May, 1999, Mr. Best and his wife transferred the company to him.  He said that he then transferred the company to Baba Jobe on the 21st October, 2002, adding that Baba Jobe paid $268,000 for the purchase of the company.

Mr. Samba stated that although no consideration was stated on the document to transfer the company to Baba Jobe, but it had been met, further disclosing that he was not sure whether tax was paid.  He went on to say that it was not his duty to pay capital gain tax, but said it must have been an oversight.

He was asked whether Baba Jobe had paid the $268,000 to Mr. Best for the purchase of the company, but he said that he would not know.  He posited that the management was the same until Baba Jobe took over, and that Buba Baldeh was then the managing director.

Mr. Samba revealed that he suffered a lot when people said that he was the proprietor of the company after he sold it to Baba Jobe. He adduced that he told Baba Jobe to take the proprietorship of the company. 

At this juncture, documents relating to the sale and transfer of the company were tendered and admitted.

“The negotiation between me and Keneth Best was finalised, and I do not know whether the $268,000 came from the Central Bank,” he told the commission.

Earlier, he was reminded that he was told to produce a copy of the agreement between Excel Construction and the former government, and he said that he had brought some documents like the memorandum and article of association of the company and the agreement between the company and the former government.

Mr. Samba went on: “Excel Construction only had a contract with the former government to construct the fence of the State House.”

The said documents were tendered and admitted as exhibits.

He further disclosed that he was not sure whether the company was registered with GPPA, further stating that he was not either sure whether there were payments to the company.  He said that one Omar Touray was supervising the work and Kawsu Keita was the consultant appointed by the former president.

“The company was exempted from paying tax, and we negotiated it. The reason for the tax exemption was because of the cost of the contract,” he said.  He added that he was not in charge of the day to day running of the company. 

Author: Dawda Faye
Source: Picture: Amadou Samba