EFCC beams searchlight on tax evasion, to prosecute alleged offenders
The Economic and Financial Crimes Commission (EFCC) has beamed its searchlight on tax evasion, adding that it will henceforth join in fighting the crime because, according to the agency, “it is a financial crime that falls within its purview.”
Sanusi Abdullahi, head of the EFCC Kaduna zone, was speaking during a courtesy visit to the Federal Inland Revenue Service (FIRS) Kaduna state office on Tuesday.
A statement signed by Wilson Uwujaren, EFCC head of media and publicity, quoted Abdullahi as saying the commission has assisted FIRS in the recovery of taxes from tax evaders and has prosecuted many of such offenders over the years.
He urged FIRS not to relent in its engagement with tax offenders and assured the service of EFCC’s continued collaboration and intervention in the recovery of all lost taxes.
Othman Alhassan, the FIRS state coordinator for Benue, Kaduna and Niger states, noted that EFCC has been of immense support to FIRS in tax recovery, adding that dwindling government revenue has made it more imperative for both agencies to collaborate and recover all lost tax revenues of the government.
Alhassan described the visit as a timely one that will create room for further engagement between EFCC and FIRS towards addressing the scourge of tax evasion, and also called for collaborations between the two agencies on public tax education and enlightenment.
In 2017, both agencies collaborated to launch an anti-tax fraud and evasion team.
Call 0803 239 3958 for free financial consulting advice for your businesses. Attend our bi-monthly Peachtree Sage 50 accounting and reporting seminar.
Reach us or send your financial updates and articles to firstname.lastname@example.org.
READ ALSO! Naira free fall: Parallel market not determined by demand, supply forces — CBN Governor
READ ALSO! Skytrend Consulting: Financial services and accounting solutions company
READ ALSO! Why The North Remains Headquarters Of Poverty In Nigeria — Kingsley Moghalu
READ ALSO! For failing to give out ‘adequate loans’, 12 banks fined N499bn
READ ALSO! Naira plunge: Speculators will suffer huge loss, Operators warn
READ ALSO! How To Empower Yourself And Generate Income From Mutual Funds
READ ALSO! Is N-Power Truly Empowering Nigerian Youths?
Hi, I log on to your new stuff daily. Your story-telling style is awesome, keep it up!