Misappropriation of Tax Revenue:

 ACC Indicts UBA Staff

By Sallieu S. Kanu

 The Anti-Corruption Commission (ACC) has filed an indictment against Frederick Caulker, Former Head of Operations, United Bank for Africa (UBA) in Freetown, on four counts of Misappropriation of Public Revenue.

 The revenues misappropriated by Frederick Caulker were Pay As You Earn (PAYE) and Withholding Taxes paid by the Small Holder Commercialization Agri-Business Development Project (SCADeP) to the National Revenue Authority (NRA) amounting to One Million, Nine Hundred And Eighty Thousand, Two Hundred And Thirty-Three (New) Leones, Four Cents (NLe 1,980,233.4), the ACC said in statement on Monday.

 On one of the dates, between the 1st day of January and the 31st day of January 2024, Frederick Caulker, who is still at large, misappropriated the sum of One Million, Two Hundred And Ninety-One Thousand, Six Hundred And Twenty-Three (New) Leones, Fifty Cents (NLE 1,291,623.50), being Withholding Tax paid by SCADeP to the NRA.

The ACC said Frederick Caulker will be tried in absentia if he fails to show up for trial. The matter will come up for its first hearing on December 5, 2024.

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