Categories: BusinessCity Updates

Anambra Revenue Service Seals Bank over N2bn Debt

The Anambra State Internal Revenue Service (AIRS) has sealed some branches of Eko Commercial Bank in the state over alleged N2billion tax default.

Mr Achike Emejulu, the AIRS Executive Chairman, made the disclosure in an interview with the News Agency of Nigeria (NAN) today in Awka.

He said that the agency sealed most of the bank’s branches in the state after obtaining writ of execution from the Court because of non remittance of Pay As You Earn tax.

Emejulu said that the N2billion tax accumulated from 2006 to 2011.

The chairman said that the government would recover all debts owed it by corporate organizations in the state.

He said that the agency would soon seal a beverage company in Onitsha and another commercial bank for their inability to pay their taxes.

Emejulu added that the state had about one million potential taxpayers, but only about 200, 000 are paying tax.

0
Dipo

Dipo Kehinde is an accomplished Nigerian journalist, artist, and designer with over 34 years experience. More info on: https://www.linkedin.com/in/dipo-kehinde-8aa98926

Recent Posts

Ogun Monarch Denies Involvement in Land Grabbing

The Olu of Obafemi, Oba Taofeek Owolabi Kayode, has firmly denied any involvement in land…

10 mins ago

Vienna Gears Up for Spectacular James Bond Extravaganza

A spectacular James Bond exhibition is set to launch in Vienna on September 7, 2024,…

2 hours ago

AfDB Appoints Dr. Babatunde Samson Omotosho as Director of Statistics Department

Segun Atanda/ The African Development Bank (AfDB) has announced the appointment of Dr. Babatunde Samson…

20 hours ago

Bloody Day as Lagos Police Foil Kidnapping Plot, Neutralize Nine Suspects

Segun Atanda/ The police in Lagos have told how a major kidnapping plot was thwarted…

1 day ago

NNPC-SPDC Joint Venture Donates State-of-the-Art ICT Centre to Sa’adu Zungur University

Segun Atanda/ In a significant boost to educational infrastructure in Bauchi State, the Shell Petroleum…

2 days ago

Tinubu Inaugurates Presidential Economic Coordination Council, Unveils Comprehensive Economic Stabilization Measures

Segun Atanda/ President Bola Tinubu inaugurated the Presidential Economic Coordination Council (PECC) today and launched…

2 days ago