Page 6 - Sam Koim News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The group said this following a report in the Sarawak Report yesterday that the PNG government plans to audit 20 "delinquent" logging companies in the country over suspected tax evasion. "Nearly all the operations in the country are known to be subsidiaries of some of Sarawak’s biggest hitters Rimbunan Hijau and WTK," the report said. However, in an email to The Edge today, WTK said it has no operations in PNG. Sarawak Report has published a statement by PNG's Internal Revenue Commission (IRC) stating that the logging sector has been one of the delinquent sectors in the country insofar as...

A stunning announcement yesterday from none other than the government of Papua New Guinea has put a swathe of Sarawak based logging concerns on notice over allegations of criminal tax evasion and illegal plunder of a foreign country. It means that whilst these same companies continue to operate above the law back home, where they effectively control key decision makers behind the GPS state government and are even subsidising a mosquito ‘opposition’ party, they at last face being held to account for their crimes elsewhere. The authorised statement from the PNG’s top prosecutor, Commissio...

This follows the signing of a Memorandum of Understanding with Post PNG to improve its compliance activities.  The agreement was signed between the Commissioner-General, Sam Koim, and Post PNG's Chief Executive Officer, Peter Tepure, in Port Moresby last Friday.  The Internal Revenue Commission has been faced with ongoing issues of non-receipt of its mails by taxpayers simply because of the constant change of address and location by taxpayers and the failure to update IRC. Thus, this partnership is aimed at reducing such elusive behavior of taxpayers.  Commissioner General Sam Koim said th...