NLNG Corporate Excellence banner First bank campus storm Fidelity bank card banner Emerald Energy Institute Camano banner

Reps re-open investigation into Stallion Group tax evasion

By News Express on 06/08/2015

Gmail icon

Views: 2,586


The House of Representatives is set to re-open investigations into a 17 billion Naira tax evasion saga of the Stallion Group on Import duty under the National Rice Development Policy of 2014.

This is following the adoption of a motion brought to the House by Abdullahi Faruk on Wednesday.

Mr. Faruk said that the policy review made on rice importation last year made it possible for the company to import rice in excess of 385,061 metric tonnes while refusing to pay taxes to the Nigeria Customs Service till date.

The 7th Assembly, under the leadership of Mr. Aminu Tambuwal, had launched an investigation into Stallion Group’s tax invasion alongside two other companies but without result’

Mr. Faruk argued that allowing such practice to go unchecked would set a wrong precedence that would jeopardise the import sector and frustrate the revenue generation mandate of the customs service. (Channels TV)

•Photo shows Reps Speaker Yakubu Dogara.

Source News Express

Posted 06/08/2015 04:05:52 AM

 

 

CLASSIFIED ADS

 

You may also like...
Shocking confessions of a serial killer: I killed...

Obaseki to address shortage of teachers, lauds Igbanke...

Gunmen murder traditional ruler in Kaduna

Why we relocated Jakana residents to Maiduguri —...

Journalists, others locked out as Saraki, Ekweremadu’s trial...

Doctors set 3 targets for new health ministers...

Ethiopian Airlines: How one family lost 6 members...

JTF apprehends 4 suspected pirates in Bayelsa creeks...

$40m Jewellery: Diezani accuses EFCC of illegal entry...

Rio Olympics: Saraki tasks delegates to win medals,...

8,236 Abia youths recruited for 2nd batch of...

Pirates steal FG’s fishing and research vessel

 

Latest News Abduction: Kano Govt issues red alert to parents, guardians Exodus hits Bayelsa Govt., PDP ahead of Nov. 16 guber election •Ex-Deputy Governor dumps party for APC Minimum wage: Prepare for strike, NLC tells state councils Aisha Buhari: Why I had a prolonged stay abroad Men not exempted from breast cancer screening – Oncologist FG earmarks N792m for internet, live TV on presidential jet High cost of governance, lawmakers rebuff reform, mock Okorocha As electorate challenges Obiano on campaign promises Oil theft: Reps to summon service chiefs, NNPC Businessman slams N150m suit on Immigration over loss of passport Rain of tears: Flood sacks Lagos, part of Ogun We won’t embark on new road projects until… – Fashola

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (550,201 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (447,051 views) Shameless Genevieve Nnaji exposes breasts in public (394,464 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (330,086 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (298,670 views) 10 cars more expensive than Jets (262,397 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (255,889 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (253,125 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (234,585 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (220,684 views) Lagos plane crash: Journalist releases victims’ names (198,349 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (195,603 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (104) Business & Economy (4,486) Business Verdict (84) Columnists (1,126) Complaints & Requests (96) Enterprise & Opportunities (217) Entertainment (689) Features (829) Global Business Monitor (462) ICT Monitor (65) International (4,064) Interview (204) Live Commentary (30) Love Matters (173) Maggie's Blog (444) News (52,582) Opinion (1,393) Pidgin (17) Politics (11,557) Religion (1,109) Sports (2,192) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera