$1.3bn tax assessment: witness’ absence stalls trial in MTN suit against AGF

A Federal High Court in Lagos on Wednesday adjourned until October 29 hearing in a suit filed by MTN Nigeria Communication Limited against the Attorney-General of the Federation (AGF) over N242 billion and $1.3 billion import duties and withholding tax assessment. MTN had instituted the suit by a writ, dated September 10, 2018, challenging the legality of the AGF’s assessment of its import duties, withholding tax and value-added tax in the sums of N242 billion and  $1.3 billion. The suit, which was earlier fixed for trial, could not proceed on…

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Ubon Akpan: Death and its many realities

By Frank Meke Over the years as I grew into maturity and the profound understanding that the whole matter of life is about the fear of God and obedience to his commandments, nothing seem to bother me not even death. I have on several occasions and at the mercy of God, survived near death through accidents, sickness and whole lot of adventures of life, even in course of my calling as a tourism journalist. Intrepid? Yes, very fearless and bold but not stupid to ignore cautions. That is in the…

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N20bn counterfeit money: How we arrested printer – DSS

An operative of the Department of State Security Services, (DSS) Mr. Folusho Rotimi, today, told a Federal High Court, Lagos, how specimens of fake Nigerian currency was recovered from Parkview, Ikoyi’s home of a businessman, John Elem. Elem is standing trial before Justice Saliu Saidu  on charges of counterfeiting about N20 billion Nigeria’s currency, by the DSS. The offences according to the prosecuting counsel, Mr. E.K. Ugwu, violated the Counterfeit Currency Offences Act, 2004. Though, the defendant had denied the allegations and he is currently on bail. At the resumed…

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Court orders final forfeiture of Illicit sum of N230.6m, $80.59 kept in GTB to FG

The Federal High Court in Lagos on Tuesday ordered the final forfeiture of total N230.6 million and $80.59  belonging to a suspected Internet fraudster, Dehinbo  Oluwatobi Reuben, to the federal government of Nigeria. Justice Saliu Saidu had on May 16, 2019 ordered an interim forfeiture of the sums following an ex-parte application filed by the Economic and Financial Crimes Commission (EFCC). The judge had also ordered the EFCC to publish the interim forfeiture order in any national newspaper for the respondent, Reuben, or anyone who was interested in the sums…

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