Uganda Revenue Authority has put one of Uganda’s oldest television stations WBS Tv under receivership in an unprecedented decision. URA seeks to recover over 7.2 Billion shillings in tax areas and URA will managed the television station until it is able to pay back the taxes and then it will be returned to its owners.
WBS which is owned by Mercedes Benz dealer Gordon Wavamuno has been on a downward spiral and there is doubt URA Will be able to recover the 7.2 Billion shillings WBS owes in Tax arrears.
WBS will now be under a team of lawyers led by Mr. Kabiito Karamagi and Mr. Joshua Ogwal the team will appoint new managers for the television station, and will also hopeful save the station from Collapsing completely, however they may also run it into the ground.
The station was According to some of the former workers being run unprofessionally by people who were not TV professionals.