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Saturday, September 5, 2015

Tegeta-Escrow boss may stand trial.

Prevention and Combating of Corruption Bureau
The anti-corruption squad has implicated former Director of Independent Limited (IPTL) James Rugemalira in a corruption case facing Registration, Insolvency and Trusteeship Agency (RITA) Chief Executive Officer Phillip Saliboko who stands trial at the Kisutu Resident Magistrate’s Court for unwarranted receipt of more than Sh40m from the former’s VIP Engineering and Marketing Ltd company.
 
Testifying before Magistrate Thomas Simba on Thursday, Emmanuel Koroso, an investigation officer from Prevention and Combating of Corruption Bureau (PCCB) said in response to the magistrate’s question that Rugemalira ought to stand trial for providing the funds to the accused as stipulated in anti-corruption law. 
 
He told the court that at the behest of Rugemalira, on February 5, 2014 the money from the company’s shareholder who used   an account belonging to VIP Engineering and Marketing Ltd was deposited to the account of the accused that had been opened the previous day at Mkombozi commercial bank.
 
"We suspected corruption because the 2013 crisis that involved wrangles between stakeholders was over and VIP Company had sold its share to the Pan African Power Solutions (T) Limited (PAP), " he said, adding that Saliboko had already  received his due as a witness to the bilateral deal.The court heard that the accused had disguised the account as salary depository, but investigations revealed that no money was deposited from his employer apart from the controversial amount he allegedly received as a reward for having handled the Independent Power Tanzania Limited (IPTL) affairs in his capacity as provisional liquidator.
 
Lugemalira was IPTL director at that time and his name was central in  the provision of billions of shillings from the Tegeta-Escrow account to top officials who were later implicated in a corruption scandal that found some leaving their offices and others facing criminal charges leaving behind a stain on the face of the government last year .
 
 Saliboko is alleged to have committed the offence contrary to section 15(1) (a) and (2) of the PCCB Act number 11 of 2007.
 
SOURCE: THE GUARDIAN

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