x

Bello Seals Off First Bank branches Over N411m tax defaults In Kogi

From Noah Ocheni, Lokoja

Kogi State Government has sealed off all First Bank Nigeria PLC branches operating in the state following the inability of the bank to liquidate its outstanding tax liabilities of over N411.12 million to Kogi State Government.

The seal was effected on Monday by Kogi State Internal Revenue Service (KGIRS) on the order of a Kogi High Court sitting in Lokoja.

The presiding judge, Justice Rukkayat Ayoola in her ruling granted all the reliefs sought in the Motion Ex-parte supported by an eight-paragraph affidavit and deposed by Mohammed Ibrahim, a civil servant.

“The Order for the defendant’s failure and or refusal to liquidate her debt to Kogi State Government in the sum of N411,120,966.77 being the outstanding tax liabilities owed the Kogi State Government for the years 2015 to 2020 is hereby granted”, Ayoola said.

Barr Saidu Okino, Director, Legal Services at the KGIRS, while speaking with newsmen on the seal off said the amount represented outstanding withholding tax from the bank’s mobile banking agents from 2015 to 2022.

He said that the action of the board was as a result of the refusal of the bank to liquidate the liability despite  several demand notices to that effect.

Okino said that approaching the court was as a last resort as all other measures to make the bank pay up proved abortive.

“We made several attempts,  sent them a notice of the intention of the service to take warrant of distrain so that we can do whatever is needful on 25th day of February, 2022 but was ignored.”

“On the 25th of August, 2022 Notice of Refusal to amend their liability was served on them. We did not on our own roll out our machineries to go and seal.”

He said that the service (claimant) had to approach the court through a Motion Ex-parte number HC/457M/202, dated August 29 and filed August 30th, 2022.

The Service, he said, prayed for an Order of the Court to execute Warrant of Distrain against the defendant by her goods, chattels, bonds, security or any other property.

It also sought distrain upon the land, office, business premises or place of management of the defendant (First Bank Nigeria Limited)’s offices in Lokoja, Okene, Kabba, Ajaokuta and any other movable property of the defendant found Within the jurisdiction of Kogi State.

The Board also sought an order that “the defendant bears the cost of executing the distrain in pursuance of section 104(5) of PITA and section 51(5) of the Kogi State Harmonized Tax Law, 2017, as accessed in the sum of N250,000 per site each day.

Justice Rukkayat Ayoola in her ruling therefore granted all the reliefs sought in the Motion Ex-parte supported by an eight-paragraph affidavit. 

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

Media Salon Emphasizes One-China Principle in China-Nigeria Ties

A media salon focusing on the One-China principle as...

Kaduna Ramps Up Resident Mobilisation for State Identity Card Registration

The Kaduna State Residents Identity Management Agency (KADRIMA) has...

Stakeholders Push for Urgent Telecom Reforms as Tech Disruptions Accelerate

With emerging technologies like Artificial Intelligence (AI), quantum computing,...

DSS Arrests Five Over Kidnap, Murder of One-Year-Old in Kano

The Department of State Services (DSS) has arrested five...

Wigwe Helicopter Crash: U.S. Operator May Face Criminal Charges

The operators of the helicopter that crashed and claimed...

Outrage Grows Over Alleged Mismanagement of El-Rufai’s $350m World Bank Loan in Kaduna

Tensions are rising in Kaduna State as stakeholders voice...

Zazzaga Congratulates Tsenyil on NCDC Appointmen

By Israel Adamu, Jos The North-Central All Progressives Congress, APC,...

Dr Olawepo-Hashim Visits Gov. Mutfwang Ahead of Worship Convention

By Isreal Adamu, Jos Frontline politician, businessman, and former presidential...
spot_img

Related Articles

Popular Categories

spot_imgspot_img