Press Releases

Former FIRS Chairman Nami clarifies N5bn payment to Joint Tax Board

Former FIRS Chairman Nami has clarified the N5bn payment to the Joint Tax Board.

 

CityNews Nigeria reports that the former Chairman of the Federal Inland Revenue Service, FIRS, Muhammad Nami, has debunked an online report alleging that he gave approval for payments of huge amounts of money after his retirement.

Advertisement

 

This Nigeria News platform understands that an online newspaper earlier on Thursday alleged that Nami approved the payments of N11 billion to several contractors, consultants, and others after his exit on September 14.

Advertisement

 

Advertisement

However, reacting to the allegations, Nami, in a statement he personally signed on Thursday, described the report as mischievous, saying the entire story was “sensationally written with mischief that took the ordinary events of my work out of context with the intent to tarnish my image”.

The former FIRS boss, however, explained that the service paid about N5 billion to the Joint Tax Board to fund the activities of the Presidential Committee on Tax and Fiscal Policy Reforms two months before his exit.

Advertisement

 

According to him, the money was paid after the FIRS received a letter from the office of President Bola Tinubu and signed by Zacchaeus Adedeji, his successor.

Advertisement

 

The statement reads, “Fundamentally: It is important to note that no payment was made by the Service after the announcement of my pre-retirement leave, as claimed by this story.

Advertisement

 

“Approval for payment in the service is one step of the journey to payment. It is the custom that when a new Executive Chairman resumes office, he will review, validate and make final authorisation before any payments can be made.

Advertisement

 

“It is important to note for the record that all decisions reached and extant liabilities/ commitments of the Service during my stay in office are contained in the handover notes I made available to my successor, Mr. Zacch Adedeji.

Advertisement

 

“He is fully briefed on everything. For clarity, the items listed in the Cable Newspaper Report were part of the N16 billion outstanding commitments contained in our handover note.

Advertisement

 

“The N5 billion paid to the Joint Tax Board was paid to fund the activities of the Presidential Committee on Tax and Fiscal Policy Reforms two months before I left office. It was paid after we received a letter to that effect from the office of Mr. President signed by Zacch Adedeji himself.

Advertisement

 

“The report maliciously attempts to portray a picture that I hurriedly left the country on September 16th after these so-called “suspicious approvals” were made.

Advertisement

 

“Again, nothing can be further from the truth. If I travelled out of the country on the 16th of September, how would I then attend the handover ceremony with Mr. Zacch on the afternoon of Monday, 18th September 2023? That handover ceremony was covered by the media and can be cross-checked.

Advertisement

 

“It is disappointing to see an online newspaper attempt to sensationalise events that took place in the ordinary course of work in an office, making them seem as if they were done in bad faith.

Advertisement

 

“I want to categorically state that every decision I made within the time of my stay in office was within the ambit of the law and within the lawful powers I exercised then as Executive Chairman.

Advertisement

 

“I inherited only N1.4 billion in the purse of the FIRS when I assumed office. I left N129 billion in the purse of the Service when I left”.

Advertisement
citynews

Recent Posts

BREAKING: OZA CARNIVAL SECURES TOLARAM GROUP, ZENITH BANK PARTNERSHIPS

PRESS STATEMENT The 4th edition of the annual Oza Carnival has secured more partnerships from…

7 hours ago

Dele Farotimi released from Ekiti correctional centre

Human rights advocate Dele Farotimi has been released from the Ekiti State correctional facility after…

16 hours ago

Breaking: Ibadan Stampede: Court Orders Remand Of Ooni’s Ex-Wife, School Principal

A Chief Magistrate in Ibadan, Olabisi Ogunkanmi, has ordered the remand of Prophetess Naomi Silekunola, the…

17 hours ago

Nkechi Blessing gets engaged to younger lover, Xxssive [VIDEO]

Popular Nollywood actress, Nkechi Blessing has finally got engaged to her younger lover, Xxssive. This…

18 hours ago

GOAT: Who said Messi is better than me – Cristiano Ronaldo

Al Nassr captain, Cristiano Ronaldo, has jokingly reacted to a Lionel Messi taunt as he…

19 hours ago

Regina Daniels reveals the best way to predict one’s future as she shares more photos from her vacation

Popular Nollywood actress, Regina Daniels who is still enjoying her trip to the United States,…

19 hours ago