TAX WINDFALL: PAC Nets Le40bn in Unpaid Taxes

The Public Accounts Committee (PAC) has made a groundbreaking recovery of Le40 billion in unpaid taxes, it was announced on Friday, 23rd August. The move is a significant boost to government coffers and a major victory for the PAC’s efforts to tackle tax evasion.

The recovery was made possible through collaborative efforts with the National Revenue Authority (NRA), which worked tirelessly to track down defaulters and recover outstanding taxes. PAC Chairman, Hon. Ibrahim Tawa Conteh, praised the NRA’s efforts, saying they were instrumental in achieving this milestone.

The PAC’s crackdown on tax dodgers signals a new era of transparency and accountability in tax collection. The committee has vowed to hold accountable all institutions owing the government, ensuring that tax revenues are maximized.

The Le40 billion windfall is expected to have a significant impact on the country’s finances, providing much-needed funds for development projects and public services. The PAC’s efforts have set a new standard for tax collection and enforcement in Sierra Leone.