NEUCHATEL, SWITZERLAND – Travizory Border Security issues the following clarification in response to statements made during the State of the Nation Address on 27 January 2026.
We wish to provide objective information regarding our operations. By sharing the facts of our contract and compliance, we aim to highlight our steady contribution to the safety and security of Seychelles.
We do not engage in political debate; instead, we present the verifiable facts regarding our contract, our compliance, and our contribution to national security.
1. Allegations of “Fraud”
Travizory unequivocally rejects any suggestion that our contract is fraudulent or improperly awarded. The Agreement underwent full governmental scrutiny and was formally approved by all relevant authorities, including: Ministry of Transport, Ministry of Internal Affairs, Department of Information, Communications & Technology (DICT), Attorney General’s Office, Office of the Vice President, Office of the President, and the full Cabinet of Ministers. As a result of this partnership, Seychelles operates a state‑of‑the‑art border security and traveler processing infrastructure; technology valued globally in the hundreds of millions of dollars, delivered at a fraction of its commercial cost. The contract is therefore valid, lawful, and fully enforceable. Travizory remains fully committed to our lawful and productive role in the nation’s security framework.
2. The SCR 65 Million Assessment: A Matter of Legal Interpretation, Not Wrongdoing
The sum of money referenced during the SONA is part of a technical discussion regarding tax categorization, rather than any financial impropriety. It is, in fact, a retroactive tax assessment stemming from the Government’s delay to formally rule on tax treatment. This was only formally communicated in December 2025, despite repeated requests for the Government to honour the said contractual provision.
The key facts are as follows:
- Commitment to Contractual Framework: Our original Agreement included a provision for a Tax Ruling to be issued within six (6) months from inception. While this administrative step was still pending, Travizory continued to operate in the spirit of our established contract, and kept detailed records of requests to honour the said provision.
- Zero‑Rated Classification: Under the Seychelles VAT Act, Travizory’s specialist electronic border-security services should fall under Zero‑Rated (0%) VAT. The current assessment contradicts the structure and intent of the existing legislation.
- Documented Compliance: In the absence of the Government’s ruling, Travizory proactively engaged PwC Mauritius to prepare tax filings in accordance with international standards. Travizory has prepaid all estimated taxes and has fully cooperated with the Seychelles Revenue Commission (SRC) audit initiated in January 2025.
Therefore, this matter is a technical dispute about tax categorisation, not an allegation of misconduct.
3. A Shared Vision for Transparency and Excellence
Travizory welcomes a rigorous, independent, and non‑political review of all facts. We believe this is the most constructive path toward clarity, accountability, and public confidence.
We remain confident that any impartial judicial process will confirm:
- Our strict adherence to law and contract
- Our transparent and documented tax compliance
- The extensive security, economic, and technological value delivered to the Republic
Travizory stands ready to cooperate fully with all competent institutions.
