Reps call for documents on N2.6trn capital allowances collected by MTN

Posted by News Express | 31 March 2022 | 332 times

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The House of Representatives, on Tuesday, demanded documentary evidence of assets imported by MTN culminating in the total sum of N2.6 trillion capital allowances collected from the Federal Inland Revenue Service (FIRS).

Chairman, House Committee on Public Accounts, Hon. Oluwole Oke disclosed this during the investigative hearing into the audit queries issued by the office of Auditor General of the Federation (oAuGF) on allegations bothering on tax evasion.

Hon Oke who acknowledged the communication sent by the MTN accounting officer which was delivered by a delegation led by MTN’s Head, Public Affairs, Mr Anas Galadima, read the letter.

“We refer to your letter on the above subject matter dated March 24, 2022, inviting us to furnish the House of Representatives Public Account Committee with additional documents on or before Tuesday, March 29, 2022, and appear before the Committee on Wednesday, March 30th, 2022.

“We are currently reviewing the content of the letter and require more time. In this regard, we, therefore, request for your kind consideration to revert to the committee on April, with our position,” the letter read in part.

While expressing concern over the misgivings trailing the investigative hearing on tax evasion, Hon. Oke assured MTN and all the stakeholders that the Committee has no intention to witch-hunt anybody. (Nigerian Tribune)


Source: News Express

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