x

EFCC interrogates Tunde Fowler over N100bn fraud allegations against Alpha Beta

A former Chairman of the Federal Inland Revenue Service FIRS, Babatunde Fowler, is currently being interrogated by operatives of the Economic and Financial Crimes Commission EFCC over the N100 billion tax evasion allegations levelled against a tax firm known as Alpha Beta Consulting.

Fowler, a long-time ally of the national leader of the All Progressives Congress, Bola Tinubu, and also a close friend of Vice President Yemi Osinbajo, arrived at the EFCC Lagos office this morning.

Fowler was invited for questioning after a former Managing Director and Chief Executive Officer of Alpha Beta Consulting, Dapo Apara, petitioned the antigraft agency, accusing the firm of tax fraud to the tune of N100bn.

In the petition which was filed in 2018 and signed by his counsel Adetunji Shoyoye and Associates, Apara stated that Alpha Beta, the firm given exclusive rights to monitor and collect Internally Generated Revenue on behalf of the Lagos Government, “has become an avenue for official corruption of government officials, a conduit pipe for the massive money-laundering scheme, tax evasion, among other vices.” Apara also alleged that the fraud had been covered by powerful politicians in the state.

The petition reads in part

“Over the years the company has been protected and shielded by some powerful politicians and people in the society which made them to always boast of being untouchable, but our client, feeling the need not to keep quiet again and strengthened by his belief in the fact that the government of President Muhammadu Buhari is keen on fighting corruption, which has been the bane of our country, is of the firm belief that it’s time to expose and open the can of worms called Alpha Beta Consulting.”

Fowler’s tenure as chairman of EFCC expired in December 2019 and was not renewed by President Buhari. 

President Buhari’s Senior Special Assistant on Media, Garba Shehu, in an interview granted in December 2019, disclosed that Fowler’s tenure as FIRS Chairman was not renewed over his inability to generate enough revenue for the country.

It is not yet certain if he will be released or detained after today’s interrogation.

Hot this week

‘Together Always’: Lookman Shares Photo With Osimhen After Mozambique Win

Super Eagles forward Ademola Lookman has shared photos of...

NYA Appoints Chairpersons for FCT, North Central States to Boost Youth Engagement

By Jabiru HassanThe National Youth Alliance (NYA) has approved...

Umahi Tours Lekki Corridor’s 7th Axial Road Project, Praises CHEC’s Progress

By Wilfred FramcisLagos, Nigeria - Minister of Works Senator...

DSS Urges Nigerians to Reawaken Security Consciousness to Enhance Personal Safety

By Noah Ocheni, LokojaThe Department of State Services (DSS)...

Bandits Demand ₦500m Ransom for Abducted Kaduna Photojournalist, Kill One Captive

By Achadu Gabriel, KadunaArmed bandits have demanded a ransom...

Presidential Tax Committee Commends Kogi’s Progress in Tax Reform

From Noah Ocheni, LokojaThe Presidential Committee on Fiscal Policy...

PANDEF Reconciliation Committee Urges Calm, Forgiveness in Rivers State Crisis

By Wilfred FrancisAbuja, Nigeria - The PANDEF Reconciliation Committee,...

Group faults Gov Eno for APC flag at Uyo Town Centre

By Ogenyi Ogenyi, .UyoAn advocacy group in Akwa Ibom,...

U.S. Foreign Policy Shifts and Their Implications for Global Geopolitics

By Michael OnjewuIn an era where multilateralism is increasingly...

VAR errors rise to 13 in first half of EPL season

Video Assistant Referee (VAR) mistakes have increased during the...

Ondo governor marks 61st birthday with pardon for seven inmates

Ondo State Governor, Lucky Aiyedatiwa, has granted amnesty to...

Sugary drinks raise heart disease risk in children – Expert

A consultant cardiologist in Gombe, Dr Abubakar Sani, has...

Related Articles

Popular Categories

spot_imgspot_img