TFMNG TV LIVE SPORTS STREAM AT THE TOP LEFT SPACE ABOVE AND BELOW THE SITE (if not on autoplay already, click play, cancel redirecting pages, this may take 3 or more attempts, then get the audio unmuted thereafter by moving your cursor on the video in search of unmute icon by the right bottom👌).

Monday, 1 February 2016

NEWS: NIGERIA - MTN in the news again! Ondo seals their mast for alleged #458m tax evasion


The Chairman of the Ondo State Board of Internally Generated Revenue, Mr. Akin Akinsehinwa, has said the state government has sealed some mast sites belonging to telecommunication company, MTN, because of alleged N458 million tax evasion.

Akinsehinwa, who addressed reporters at the weekend in Akure, the state capital, said despite a court order backing the government’s action against MTN, the telecommunication company allegedly continued to operate on the sealed masts.

He said: “It is an unfortunate situation for a company that is supposed to be a socially responsible corporate organisation, getting involved in such kind of criminal activity.

“The board sealed off MTN offices and masts located across the state, following a court order for the alleged failure of the telecommunication company to pay the 2010-2013 tax of N458 million.”

The chairman said the revenue board approached the telecommunication company on several occasions on the need to pay its statutory taxes, adding that it refused to pay.

Akinsehinwa said it was an anomaly for a company of MTN’s status not to pay its tax.

He said: “It was found out that there are some aspects of tax where it is yet to cooperate with us, such as withholding tax on supply and on professional fees, especially on its masts across the state.

“At a stage, its personnel started telling us some lies, to cause tax evasion. We did not have a choice than to seek a court’s order to seal off some masts.”




Follow The Forefront on facebook Global audience / facebook Nigerian audience  /The Blogger's  facebook personal account   and facebook  (fan page)/  &  twitter
Instagram: osagiejoshua
BBM Channel: C002CB006
ADVERTISE WITH THE FOREFRONT: +234-803-698-6103. For more details CLICK HERE NOW
Share the Forefront's posts on social media with options below. Thank you!



No comments:

Post a Comment

Disclaimer!!! Opinions expressed in comments do not represent THE FOREFRONT MEDIA NG's views. All participants are entitled to their opinions. Thank you!!!


Advertise on the Forefront: For advert placement in the blog or advert posts like news updates, reach +2348124620827 [WhatsApp].

Copyright 2023 The Forefront Media Ng. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from The Forefront Media Ng

Featured post

Two Men Drown In Ogun River While Swimming

Two men, Femi Akinola, 32 and Tunde Falade, 35 from Lagos State drowned while swimming in a river at Itori, Ogun State on Monday.

TRENDING POSTS IN ONE WEEK