Liberia Revenue Authority Confirms Dutch International Group IDH Has Been Dodging Taxes - News Summed Up

Liberia Revenue Authority Confirms Dutch International Group IDH Has Been Dodging Taxes


Monrovia – The Liberia Revenue Authority has confirmed to FrontPageAfrica that a Dutch organization, IDH Sustainable Trade, which is operating in the country has been evading taxes in the amount of hundreds of thousands of United States dollars. In South East Liberia, IDH links smallholder palm oil producers with conserving forests and reducing poverty. According to IDH, it was with the Liberian government, Golden Veroleum Liberia or GVL, a palm oil company and the local community. This means providing financial and technical support for communities to become palm oil out growers in exchange for protecting forests. By 2020, the program would have developed over 8,000 hectares of sustainable out-grower oil palm farms and protect 70,000 hectares of forest.


Source: Front Page Africa December 02, 2019 08:37 UTC



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