IT firm denies ex-minister’s claims

RedLink, a data communications service provider, has spoken out against comments made by the former information minister Ye Htut regarding tax evasion.

It denied Ye Htut’s accusations saying the firm was of good standing and was listed three years in a row for paying extremely high levels of tax.

RedLink added that Ye Htut’s claims were a low political blow against Thura Shwe Mann, whose son Toe Naing Mann owns shares in the company.

According to February 26 editions of state-owned newspapers, Ye Htut claimed that “RedLink and Yatanarpon Teleport have been using the 2500 MHz frequency for profit ever since 2009 and so in order for the country to stop losing more tax money, an auction was held. There are also plans to ask for compensation fees for the three years of free use.”

Source: Eleven Myanmar

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