Receivership - Haiti Observer Blog

Haiti Telecommunication International (Haitel) is now in receivership as a result of its tax problems with the government. General Tax Directorate (DGI) director general Jean Baptiste Clark Neptune announced that the request for Haitel's receivership was approved in order to continue the company's operations and protect its employees and shareholders. Neptune clarified that the measure was taken not to close the telecommunication company but to help it resume its operations.

It can be recalled that Haitel has been buried in debt. Since 2005, it has accumulated a debt of more than $80 million in government taxes from several institutions such as DGI, National Council of Telecommunications (CONATEL), BRH and BNC, among others. The total debt accounts for 40% of government taxes.
CONATEL director Jean Marie Guillaume, who held a meeting with the DGI director, said that Haitel could no longer keep up its operation. It does not have money to pay its employees and purchase fuel for its generations anymore. As a matter of fact, the director added, Haitel's employees have not received their salary for over five months.

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