Samuel Shinedima
NUSKA Technology, previously known as C-Sixty, faces court litigations by Tironenn Kauluma, its former director and 50%-shareholder between 2016 and 2020, for alleged misappropriation of N$201,487.97 claimed from the VAT Refund Administration.
In 2017, Kauluma allegedly bought a 2017-model BMW X5M Sport, through the company in the name of C-Sixty, shortly before he sold his shares to Doron Cohen, currently a director of Nuska Technology.
The vehicle was imported from Cedar Isle Motors, South Africa, for N$1,655,078.31, including VAT.
Kauluma alleged that in the agreement signed by Nuska, previously trading as C-Sixty, and Bank Windhoek, the funding facility, he shall pay the value added tax on the purchase price of the car and claim the refund thereof.
The VAT was calculated at N$201,487.97 and paid to the supplier on 25 August 2017.
In 2020, Nuska Technology through Kauluma who was duly authorized in terms of their resolution submitted a refund claim to the VAT Refund Administration on behalf of Kauluma.
The amount was paid into the company’s account in July 2021.
The refund was made in the company’s name since the vehicle was bought through it, although the VAT was personally paid by Kauluma.
Kauluma claims that Nauska Technology is not entitled to the N$201,487.97 refund, arguing that he paid it from his personal account.
He is also demanding a 20% interest rate per annum as well as a punitive costs order on the attorneys’ client scale.
