21 February 2013

Gambia: GNIC Aims for Settlement of Tax Commission's Recommendation

The civil appeal case involving Gambia National Insurance Company (GNIC) and the state came up before the Gambia Court of Appeal on Thursday, February 14th 2013, presided over by Justice M.M Agyemang, Justice N Salla-Wadda and Justice Amie Joof.

The Commission of Inquiry into Tax Evasion and other corrupt practices in its recommendation and findings held that the appellant, GNIC, as liable to pay the sum of D19, 758, 550.29 (nineteen million, seven hundred and fifty eight thousand, five hundred and fifty, twenty nine butut) to the state. Dissatisfied with the said findings of the Commission, the appellant filed a motion of stay of execution before the Gambia Court of Appeal, which was granted by the said court.

During last Thursday's sitting, Justice Agyemang asked Lawyer K. Sanyang who held brief for the appellant's counsel, Hawa Sisay-Sabally, why there were different processes before the court. Justice Agyemang said there were notices of appeal and originating summons before the court.

Lawyer K. Sanyang told the court that the originating summons was filed for stay of execution. She noted that the stay of execution was granted on the 16th July 2012 and the case was adjourned to the 5th November 2012 for mention. State Counsel K. Tah however informed the court that the said case was among the lots that are aiming for settlement.

Justice Agyemang remarked that that assuming the parties are aiming for possible settlement the court would adjourn the matter to the 20th March 2013.

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