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‘Liability of N118 million’ IRS shuts down Access Bank in Gombe

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
February 16, 2022
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Members of staff of Access Bank Plc and customers of the bank in Gombe were locked out of two banking halls yesterday by the Gombe State Internal Revenue Service which came to enforce a court order.

The sealed the premises of the bank for defaulting in tax payment of over N118 million.

The executive chairman of the State Internal Revenue Service, Abubakar Inuwa Tata, said the closure of the bank offices followed a ruling of the Tax Appeal Tribunal in Bauchi, where the bank’s case was dismissed.

He said the bank must pay its liability of N118 million.

Tata said sometimes in the year 2020, “we made a demand for them to pay their tax liability (2008 to 2019), they rushed to the Tax Appeal Tribunal Bauchi.

“They took us to court and ironically, we followed up with our legal department to this moment when we had a ruling that their case is dismissed and they are to pay their liability of N118 million”, he stated.

According to him, “our consultant conducted a tax audit for 2008 to 2019. We served them and they have the right to question how we arrived at this amount.

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Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.


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