SVG

Gov’t orders audit of 6 int’l firms

KINGSTOWN, St. Vincent – Six international firms here will be soon undergo government-commissioned forensic audits.

Prime Minister and Minister of Finance Dr. Ralph Gonsalves cited “issues” as he made the announcement at a press briefing on Monday but denied knowledge of which companies would be audited.

He said that the audits are not being done “off the seat of anybody’s pants” but in keeping with the nation’s insurance laws.

“… I am urging everyone who owes … the government taxes, they must pay, including big companies, those who owe VAT, those who owe company taxes, those who are withholding taxes,” he said.

He made the point at the end of a discussion about telecommunication company LIME, which two weeks ago blocked incoming and outgoing calls to government telephones, including at police stations, school, and clinics.

The company — previously Cable and Wireless — was the subject of a government audit that uncovered EC$26 million in outstanding taxes after Gonsalves’ Unity Labour Party came to office in 2001.

LIME is claiming that the government owes EC$2.6 million for telephone services but the government says it owes EC$1.1 million at the most.

“I want to indicate to the nation that everything is done fairly and I have given instructions as the minister responsible for taxation, for six … international companies which operate in St. Vincent – I am not going to say which ones – to be audited forensically in respect of taxes,” Gonsalves said.

“Because some of them, we have some issues. I am not accusing anybody of hiding or evading or avoiding taxes. No! I just say we have some issues,” said Gonsalves, who is also Minister of Legal Affairs.

He said that while he does not “get involved in … anybody’s individual taxes”, he “gave the approval to the Comptroller of Inland Revenue in respect of hiring this forensic auditor.

“I don’t know the companies who are going to be audited. I am not interested in knowing the names of the companies who are going to be audited. Just to make sure that those whom the Comptroller feels should be subject to those special audits, that it be done,” Gonsalves said.

“And I am sure that in the same way in which the Comptroller has done audits before by his department by forensic audits, he will continue to be fair and reasonable to all of these entities within the framework of the law, which is the way this government, this administration, conducts its business,” he further stated.

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Discussion

21 thoughts on “Gov’t orders audit of 6 int’l firms

  1. Remember I warned you that Gonsalves would unleash spite on LIME for cutting off the phones, well here it comes.

    And to hide the spite against LIME now a number of other companies will undergo the same treatment so as it looks as if LIME were not singled out for such treatment.

    Blackmail springs to my mind but I will reserve that until I see the full implications.

    What a nasty spiteful little fat Marxist man. SVG’s top man for telling lies.

    Keep watching, the government is broke, about to default on Bonds and Bills repayment, they are desperate and will do anything to get money.

    Even the police are sent out with ticket books and told to make sure they issue enough to pay their wages.

    Posted by Peter | March 13, 2012, 10:06
  2. @ Peter so what is wrong with what he did….What i find ironic is that LIME had the gall to disconnect such important services as the Police stations when they OWE the government soo much in taxes…..the damn companies want to come here and dig out every cent we have and not pay taxes…..GOOD DR GONSALVES……EXCELLENT….Peter eat your foolish hateful heart out…Dr, Gonsalves we are all the way behind you…..

    Posted by Arthur | March 13, 2012, 13:30
  3. I want to indicate to the nation that everything is done fairly and I have given instructions as the minister responsible for taxation, for six … international companies which operate in St. Vincent – I am not going to say which ones – to be audited forensically in respect of taxes,” Gonsalves said.

    “I don’t know the companies who are going to be audited. I am not interested in knowing the names of the companies who are going to be audited. Just to make sure that those whom the Comptroller feels should be subject to those special audits, that it be done,” Gonsalves said.

    Are these two statements contradicting? If you do not know which companies are going to be audited how can you say you are not going to call their names?

    What did the American Ambassador say about this gentleman about contradictions?

    Dont mess with this Guy he will get you. Very spiteful man. The interesting thing is that all the former Black Power Boys sit idly by and say nothing…..As Cro Cro said “all a dem is lick bottom african”.

    Posted by Fedup of politicians | March 13, 2012, 14:11
  4. Remember when he wanted to get at idiot boy in agriculture, he moved all the ministers, called it a reshuffle, 6 people to get one.

    Same practice different situation. Gonsalves we read you like a book, who’s the idiot now, certainly not us.

    Educated dunce.

    Posted by Peter | March 13, 2012, 14:28
  5. This is mind-blowing!

    Posted by Jeannine James | March 13, 2012, 15:04
  6. Forensic auditing, if done as it ought to be done and without already knowing your outcome before you start the job, is not cheap. Interesting times.

    Posted by Jeannine James | March 13, 2012, 15:06
  7. LMFAO….. So you know that 6 international companies will be audited, but you don’t know which ones???? Yeah right!!!!

    Who is the “THEM” that you have issues with? Are you owing any of “THEM” money presently?

    Why can’t you just let the audit people do their jobs? since when are companies warned that their is an audit coming? Oh Ralphie, just can’t shut up can you?

    Posted by vincy in bad shape | March 13, 2012, 16:01
  8. LOL, This must be a joke. Guess they wanna change Lime to Lemon now, just bc they cut Phone services. God Bles my homeland and people.

    Posted by smooth | March 13, 2012, 17:47
  9. pure Marxist scum

    Posted by Peter | March 13, 2012, 22:28
  10. Arthur keep up the good work, you are the NDP’s best weapon against Gonsalves and the ULP.

    you very silly Billy

    Posted by Peter | March 13, 2012, 22:33
  11. The IDIOCY of the NDP DIEHARDS is TRULY MIND-BOGGLING and PITIFUL.

    I REFUSE to BELIEVE that these NDP DIEHARDS are VINCENTIANS.

    If they’re VINCENTIANS, they’re TRULY are some PATHETIC INDIVIDUALS.

    You mean to tell me that we have a FOREIGN COMPANY in LIME, who not only POSTED WRONG INFORMATION about the DEBT the GOVERNMENT OWES it, but more IMPORTANTLY, CUTOFF the PHONE LINES of some of the MOST VITAL SERVICES PROVIDED to the PEOPLE of this BLESSED NATION. Yet they OWE the TAXPAYERS of this BLESSED NATION, COURTESY of the ELECTED GOVERNMENT, some 26 MILLION DOLLARS in BACK TAXES.

    UNBELIEVABLE!!

    Dr. Gonsalves, no more PLAYING SOFTBALL with these COMPANIES.

    We the TAXPAYERS of this NATION NEED that 26 MILLION DOLLARS TO HELP with the DEVELOPMENT of this NATION.

    TIME TO PAY UP, LIME!!!

    Posted by vincypowa | March 14, 2012, 00:11
  12. All I have to say is that I hope when Gonzie go after LIME, LIME doesn’t come after him. I have a feeling that they took a long while before all those phones were cut off. I hope they don’t start to cut them off at shorter notices now when the government doesn’t pay. Too bad Gonzie wouldn’t be the one to pay the price. He wouldn’t need to call any police station or clinic. The public would pay the price should Gonsalves lose in this game with LIME.

    Posted by BAGGA | March 14, 2012, 02:49
  13. Bagga, it was pathetic reading your post.

    Are you a MAN/WOMAN or a MOUSE?

    Your post reminds me of when Eustace said, WHAT WOULD AMERICA SAY, in reference to this government ESTABLISHING DEEPER DIPLOMATIC RELATIONS with Venezuela…a RELATION which has BENEFITED this NATION IMMENSELY in its DEVELOPMENT.

    It is just sad seeing how easily you are paralyzed by FEAR, as seen in your what if concern about LIME cutting off phone lines at shorter notice, because it is now being PRESSURED to PAY UP the 26 million dollars it owes the government of SVG.

    Your concern is that of a person, as James Mitchell described, who is suffering from BREADFRUIT MENTALITY.

    Bagga, your “THIRD WORLD” MENTALITY is on DISPLAY for all to see.

    SAD.

    Posted by VINCY POWA (@VINCYPOWA) | March 14, 2012, 09:21
  14. VINCYPOWA, forensic auditing needs to be applied to the ULP, all its members that received cash US$ handouts, from the US$1 million, including the Gonsalves family and their business’s, and the Francis boy. We need to know about all the property and vehicles they have acquired over the last ten years.

    VINCYPOWA you need to check what has been said about the 26million, they do not owe that, that is either a mistake on your part or another dastardly lie, I would think the latter knowing what a total pratt you are. Remember you can be traced and prosecuted for making such statements, your not untouchable and its very easy to prove who you are.

    VINCYPOWA is an object of real scum, he puts forward lies to try and protect the ULP and Gonsalves from the truth.

    At least a man, woman or a mouse is far better than being a dirty dog turd crawling with worms, because that is exactly what you are. The lowest of the low and unfit to be part of the human race.

    BAGGA, take no notice of this Marxist scum bag, he is a collaborator who would of deserved Hitlers top award.

    By the way whilst we are here, I am told that Attorneys safes have been stolen that may contain confidential papers regarding payments made by Que Passa to the the ULP and its representative, very large amounts.

    Posted by Peter | March 14, 2012, 20:09
  15. I hope when Ralph’s time come to be ‘audited’ he will comply. One day , one day, conquer day…

    Posted by justice | March 15, 2012, 10:21
  16. PETER, it seems the only SCUM on this BLOG is you, as seen in your DAILY DEROGATORY RANTS.

    That said; let me say that I misspoke when I said LIME owes the government 26 million dollars and I apologized for that. Nevertheless, this same COMPANY did OWE this government 26 million dollars and I HIGHLY DOUBT that amount was paid by LIME when the dust was settled.

    Of course, all of those tax monies were accumulated under the then NDP government, but it seems Eustace and his government did not demonstrate LEADERSHIP and BRAVERY in making sure LIME aka Cable and Wireless pay up what they owed and so they DID NOT.

    It was leave to the incoming ULP government and its VISIONARY LEADER, Dr. Gonsalves, to do the required auditing of LIME, and it was discovered that they owed some 26 million dollars to this nation.

    Of course, LIME did not intend to pay that kind of money and so they brought in their HIGH POWERED foreign LAWYERS to take on the government.

    Eventually, an AGREEMENT was made and LIME had to pay the amount agreed upon.

    I said all that to say this; Eustace and the NDP showed NO LEADERSHIP or BRAVERY in DEALING with the MATTER of TAKING on a BIG FOREIGN COMPANY that OWED this NATION a SIGNIFICANT AMOUNT of MONIES in TAXES. It took this ULP government and its LEADER, Dr. Gonsalves, to INVESTIGATE and SETTLED this MATTER on BEHALF of the PEOPLE of this BLESSED NATION.

    By the way, I see a pattern here with the NDP and Eustace. When it comes to FOREIGNERS, it seems like they are AFRAID and in AWE of them, and so in the end they always HOODWINKED by them.

    We saw this with the OTTLEY HALL PROJECT; the TRAFFIC LIGHTS; UNION ISLAND MARINA; the COLONIAL HOMES at DIAMOND; the ONE MILLION TAKEN out of NCB; the practical giveaway of most of Canouan to Antonio Saladino for PEANUTS; the many poor deals and, stranglehold/influence that the NANO family had on the then NDP government; the SELLING of VINCY PASSPORTS to UNSCRUPULOUS FOREIGNERS, and so on and so on and so on.

    SVG was in a TOTAL MESS under the NDP. It was getting worse with POOR EUSTACE at the HELM, because many INTERNATIONAL ORGANIZATIONS blacklisted SVG; he was paying FOREIGN BANKS millions of dollars for the Ottley Hall projecting while defaulting on paying UWI FEES needed to keep our students in school; and of course the double mortgage received by Mongol Singh in the Colonial Homes fiasco.

    I can go on and on about the MESS that was the then NDP government.

    This is the same former PRIME MINISTER and Minister of Finance, and trained ECONOMIST, speaking of Arnhim Eustace of course, who we want to govern this country when he reaches the ripe old age of 71 or 72. If he is such a POOR OPPOSITION LEADER NOW, for the PAST ELEVEN YEARS, do we EXPECT him to be a GOOD PRIME MINISTER some 4 years from now?

    Arnhim Eustace was a TERRIBLE Finance Advisor, a terrible Minister of Finance and an even more terrible Prime Minister. And since we know that he does not have the ACUMEN and LEADERSHIP ABILITIES to DEAL with SAVVY and GUILE FOREIGNERS, is this who we want to be the PRIME MINISTER of St. Vincent and the Grenadines in these times?

    I am CONFIDENT that the MAJORITY of Vincentians will say no.

    Posted by VINCY POWA (@VINCYPOWA) | March 15, 2012, 11:24
  17. VINCYPOWA, when you mix up a bunch of lies with a few truths, that make everything you say unaceptable. Nice try in attempting to wreck the good name of Eustace. He is a decent and honourable man.

    I agree with you that everyone is getting old, there are some great young people coming forward. The difference between Gonsalves is like chalk and cheese, totally different personalities. Gonsalves is a dreadful liar, Eustace is not. Gonsalves is a crass person oozing indecent mannerisms and dreadful behaviour, Eustace is not of that ilk.

    Whatever you say about Gonsalves he is unfit to be our prime minister. Gonsalves has taken us into ALBA, against the will of Vincentian people.

    Posted by Peter | March 15, 2012, 20:47
  18. Peter, are you speaking about the same Eustace who had that candlelight march against POVERTY?

    Do you remember when “Eustace confessed that he lied to the people when he said in 2005, on the eve of President Chen’s visit to SVG, that the NDP candlelight march was against poverty. He said afterwards that it was about trying to persuade the President not to give SVG any money for the international airport. Unpatriotic!”

    How about when “he said he did not know that the former estate-workers at Orange Hill, Wallilabou and Richmond, were due their severance pay. Was this man living in SVG? Was this man not the Fiscal Adviser or Minister of Finance?”

    This one takes the cake…”He said that he did not know that poverty existed in SVG until he did house-to-house campaign for the 1998 elections. Where was he living, cocooned on Mars? Where did he grow up, in the skies? Incidentally, by 1998 Kairi Consultants had already reported that SVG has a general poverty level of 37.5 percent of the population and an indigence level (“dirt poor” poverty) of 25.7 percent of the population.”

    I had to SHAKE my HEAD reading that stuff.

    Again, Eustace is not FIT to MANAGE a MAUBY SHOP much less governing a COUNTRY.

    Posted by VINCY POWA (@VINCYPOWA) | March 16, 2012, 09:03
  19. We want audit into the PM special project money too. We want to know way all that money go and who get paid and for what. We want audit into the car park business Ralph gee Noel and them to run. We want to know if ULP party benefiting from that? We want audit into the $4M spend fo Referendum. We want investigation into the US$M desposit in the then NCB? We want audit into the theifing that went on at the Minsitry of Health and Agriculture? Auit all ah that too.

    PM you are a bullsh*tter. How come only now LIME “F**#!” you up, you want audit. “WTF” you been doing all the time? Now you trying to use audit now to cover yo backside fo yo extreme poor management ah we gov’ment business. BOO! BOO! BOO! BOO!

    Posted by wehha | March 16, 2012, 10:41
  20. Why do everything has to be seen in the light of politics in my country! I don’t believe that the PM should go out and talking about companies the department of taxation is about to audit. However, if an entity such as LIME owes the government more money in unpaid taxes and then turn around and turned of the government telephone line for a small fraction of what the government owes them in unpaid telephone bill, who really is the bad guy here? LIME of course! Any normal person in that case would take action. But the action of one should lead to the demise of the other 5 companies.

    Posted by NY Vincy | March 20, 2012, 14:15
  21. NY VINCY, seems you have already audited LIME, and have now sentenced them as well. You must remember that until someone is audited and proved owing, then no one is proven guilty of anything.

    Same as Gonsalves says that the ministries and other government departments don’t owe that amount to Lime for phone bills, wait and see.

    What we are sure of is that Gonsalves tells lies, we have no way of telling what part he has said is truth and what is lie, until the whole thing play out.

    Going after all those other companies is to show that LIME is not being individually discriminated against. Just like he shuffled 6 ministers just to get at the Daniels boy in Min of Ag. did that so as Daniels didn’t feel picked on and react in a way that Gonsalves is frightened of happening. Remember Daniels acted as the fall guy for the Black Sigatoka, when much of the problems was failure of funding by Gonsalves Ministry of Finance. Then he got shafted as a Marxist naughty boy present.

    Posted by Peter | March 21, 2012, 14:54

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