N100bn fraud allegation lands ex-FIRS chairman in EFCC custody

N100bn fraud allegation lands ex-FIRS chairman in EFCC custody

- EFCC has invited the chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler

- The anti-graft agency interrogated the ex-FIRS chairman over fraud allegations while he was in office

- Dapo Apara, the former managing director and CEO of a tax firm had accused FIRS of N100bn tax fraud

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The former chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler is currently in the Economic and Financial Crimes Commission's (EFCC) custody over allegations of fraud.

According to TheCable, Fowler was invited on Monday morning, November 2, over an ongoing investigation involving a tax firm under his watch.

Fowler, a former Chief Executive Officer, Lagos State Internal Revenue Service (LIRS), is being interrogated over an alleged N100 billion tax evasion against a tax consulting firm.

N100bn fraud allegation lands ex-FIRS chairman in EFCC custody
Fowler, an ex-FIRS chairman is in EFCC custody. Photo credit: ThisDay
Source: UGC

Legit.ng recalls that President Muhammadu Buhari appointed Muhammad M. Nami to replace Fowler as the new chairman of FIRS following the expiration of Fowler's tenure as the head of the foremost revenue collection agency.

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Garba Shehu, the presidential spokesperson, disclosed this in a tweet via his official Twitter handle on Monday, December 9, 2019.

The newly appointed chairman is a professional tax consultant who graduated from the Ahmadu Bello University, Zaria.

Before Fowler's replacement was announced, the former FIRS chairman had been summoned by a Federal High Court sitting in Kano state over alleged tenure elongation.

The court asked Fowler to show cause why he should not be sacked for allegedly overstaying his tenure which reportedly expired on Sunday, August 18, 2019.

However, Fowler explained that his reappointment would have helped in the consolidation of previous achievements in the tax sector.

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Meanwhile, Legit.ng previously reported that EFCC cautioned Nigerians against online fraudulent tactics being adopted by internet fraudsters for COVID-19 donations.

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In a statement issued by the acting spokesperson, Tony Orilade, in Abuja, the commission said that caution had become imperative now that people are more vulnerable.

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Source: Legit.ng

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