East African Business

Ola Energy gets orders against URA tax charge

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LUKE ANAMI

By LUKE ANAMI
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Kenyan oil marketer, Ola Energy (formerly OiLibya), has filed and obtained orders barring the Uganda Revenue Authority from demanding Ush2.48 billion ($647,558) in import taxes.

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In an application made by the Uganda-based subsidiary Libya Oil Uganda Ltd (LOUL) and lodged at the East Africa Court of Justice’s sub registry in Nairobi, Ola Energy wants the Attorney General’s office of Uganda and its agent, the URA, stopped from collecting the money until the matter is…

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