‘Beneficial’ owners of registered but dormant companies face Brela’s axe
No one is PEFECT? This cannot be, for the word “pefect” doesn’t exist in the English lexicon! Without doubt, the artist who penned this message had instructions from the proprietor of the daladala pictured here, which plies the Airport - Kisesa route in Mwanza City, to paint the word PERFECT (note the letter R which we have introduced). Trust signwriters! PHOTO | COURTESY OF READER
In the last-but-one paragraph, the scribbler reports further: “Last year, the government urged all companies to disclose their respective BENEFICIAL owners but until January, only 14,026 companies complied…”
What can “beneficial” owners of a company be? Could it be that the scribbler meant to say “BEFITTING owners?” That is, the appropriate owners.
