By: ACC Communication Unit
The Anti-Corruption Commission (ACC) has filed an indictment against Frederick Caulker, Former Head of Operations, United Bank of Africa (UBA) on four counts of Misappropriation of Public Revenue, Contrary to Section 36 (1) and ONE (1) Count of Conspiracy to commit a Corruption Offence contrary to Section 128 (1) of the Anti-Corruption Act, No. 12 of 2008 as amended by the Anti-Corruption (Amendment) Act, 2019 in a press release dated on Wednesday 25th November
The press statement noted that 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).
In one of the dates, between the 1st day of January and the 31st day of January, 2024, Frederick Caulker, who is still on the run, 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. Frederick Caulker will be tried in absentia, if he fails to show up for trial. The matter will come up for first hearing on the 5th December, 2024.