Fact-check: has Gai Construction been paying tax in relation to the Banjul Rehabilitation Project?
While the addendum signed on October 11, 2019, nullified the credit facility, changes the currency of payment from USD to dalasis though the costings all remain in USD. That first addendum done in 2019 nullified the credit facility which carried the first tax exemption granted to the contractor. The authorities then include a similar tax exemption and duty waiver in the addendum.
