E-money’s 10 luxury cars reportedly seized by customs over N6m import duty

E-money’s 10 luxury cars reportedly seized by customs over N6m import duty

- The Nigerian Customs Service (NCS) has reportedly seized 10 luxury cars belonging to Five Star music boss E-money

- According to reports, 10 of his luxury cars were recently impounded by Customs over N6m import duty

- After trying to take back custody of the vehicles failed, E-money eventually paid the said amount

Five Star music record boss, E-money, was recently involved in an issue with the Federal Operations Unit, FOU, Zone A, Nigeria Customs Service, over underpayment of duty on 10 of his luxurious automobiles.

According to reports, the vehicles were impounded after they were said to have been cleared by officers and men of Apapa Customs Command. Following a tip-off about the value of duty paid on them, the cars were intercepted by officials of FOU.

A source at FOU confirmed the seizure to Vanguard, as he revealed that E-Money had visited the office with the hopes of taking back custody of the vehicles, but was eventually made to complete payment of duty before the vehicles could be released to him.

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According to reports, E-money paid the complete N6m before the vehicles were released to him.

This was confirmed by the Customs Area Controller, CAC, Garba Mohammed. He said: “We have released the vehicles to him. He came and paid over N6 million. I think about N6.7 million or thereabouts.”

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