Delta Revenue Board vows to recover N29billion lost revenue with EFCC

The Delta State Government is considering engaging the Economic and Financial Crimes Commission, EFCC, in the recovery of over N29billion owed it by 135 companies operating in the state.


By: | on | 803 views
Topic: News


Delta Revenue Board vows to recover N29billion lost revenue with EFCC


The Delta State Government is considering engaging the Economic and Financial Crimes Commission, EFCC, in the recovery of over N29billion owed it by 135 companies operating in the state.

This much was disclosed by the Executive Chairman, Delta State Board of Internal Revenue, DBIR, Hon. Joel-Onowakpo Thomas, while speaking at a joint press briefing with the Commissioner of Land and Survey, Mr. Patrick Ferife, recently. According to the DBIR boss, companies which evaded various forms of taxes will however be given two weeks to pay the debt or face the consequences.

Hon. Joel-Onowakpo carpeted some banks that failed to remit fund to government coffer, after collecting taxes on behalf of the board, stressing that  a team of investigators has been put in place to investigate the activities of erring banks.  

According to him, a lot of companies in the state are evading taxes, adding that the board will no longer tolerate such companies.

Joel-Onowakpo  noted that the state government in its determination for an increased Internally generated revenue,  would leave no stone unturned in recovering what is due to it.

The Chairman disclosed that some of the defaulters had gone ahead to obtain court injunction restraining the board from taking action against them.

He stated that the board has equally taken steps to curtail the slippery tactics of the defaulters, stressing that “the law allows us to take criminal charges against the defaulting companies”.

Fresh Angle can report that the board has issued 4,875 demand notices on ground rent to property developers in the state, amounting to excess of N2Billion


The Chairman said, it was high time the board starts strict implementation of the law as government is losing huge revenue that ought to be generated from land rent.

Earlier, the State Commissioner for Lands, Surveys and Urban Development, Mr. Patrick Ferife said it amounts to a criminal act should property owners failed to pay the rent-to government.
“If in 3 months the holder of Certificate of Occupancy (C of O) defaults in payment of such rent, the certificate could be revoked or government re-enter the land”, Ferife said.




Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104


Sponsored Ad




Our strategic editorial policy of promoting journalism, anchored on the tripod of originality, speed and efficiency, would be further enhanced with your financial support. Your kind contribution, to our desire to become a big global brand, should be credited to our account:

Fresh Angle Nig. Ltd
ACCOUNT NUMBER: 0130931842.
BANK GTB.



Sponsored
Sponsored Ads