• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

‘Over N118mln’ Access Bank’s office sealed over debt

Freelanews by Freelanews
February 15, 2022
in Business
0 0
0
Access Bank
thenacre-campaign

The Gombe State Internal Revenue Service Board has sealed two branches of Access Bank in the state capital over alleged N118 million unpaid taxes between 2008 – 2019.

Speaking to Journalists on Monday in Gombe, the Chairman of the Board, Abubakar Tata, said the board issued a demand notice but the bank failed to respond, hence the action after the expiration of 30 days notice.

Mr Tata said the bank instead of complying, to pay the debt, took the Board to the Tax Affairs Tribunal in Bauchi in March 2020, but the case was dismissed.

“The service has demand notice to Access bank, formerly Diamond bank they were expected to object if they are not comfortable with the demand notice and the amount but they did not object and they didn’t reply. By law, if you do not object after 30 days whatever served you becomes binding, final and conclusive.

“Instead of replying they took us to court, we followed up with our legal unit until we got a ruling that their case has been dismissed and they are to come and pay the liability and it about 118 million naira. We have a consultant who carried out a tax audit from 2008 to 2019. The N118m is a cumulative total.”

Odun Ifa 2026
ADVERTISEMENT
Perfect-Aesthetic-social-1

While urging the bank to comply with the notice, Tata stated that the service would not succumb to further delay.

“Not only them; my call on all tax-paying entities and organisations is to comply with rules set out by Gombe State revenue Codification and Consolidation law and there are processes when it comes to issues of demand notice and notice of assessment because there is a lot at stake. If I see alert today, I will come and remove the seal”

freelanews
Freelanews

Freelanews is the editorial byline of Freelanews.com, used for staff reports, news updates, press releases, and collaborative stories produced by the Freelanews Editorial Team.

adron lemon friday

Also read

  • Thunderballs, South Korea’s Kisane launch counterfeit-detecting currency machines in Lagos
  • Coca-Cola, Nestlé revise plastic recycling claims after EU pressure

Related Posts

MULTICHOICE PS
Business

‘Tax evasion dispute’ Multichoice complies with N8bn payment order

by Freelanews
September 24, 2021
Bukola Ariyibi Managing Partner KloverHarris Limited 1
Business

IWD 2023: KloverHarris harps on innovative technology in promoting gender equality

by Rtn. Victor Ojelabi
March 10, 2023
GLOWFUX Charity Concert 2025
General

GLOWFUX Charity Concert 2025 celebrates humanity and hope

by Rtn. Victor Ojelabi
October 25, 2025
quotes 14
Business

‘We looked stupid working for you’ Chinmark staff writes open letter to CEO after investors’ N10bln loss

by Freelanews
March 19, 2022
Seplat
Business

Nigeria Seeks $2 Billion Chinese Loan for Super Grid to End Chronic Power Shortages and Fuel Economic Surge

by AbdulBasit Saba
October 7, 2025

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

nacc october 8 of 139 scaled

Nigerian-American Chamber hosts executive breakfast on U.S. EB-5 Investor Immigration Programme

October 24, 2026
Ogun

Police arrest butcher over colleague’s death in Ogun

October 23, 2026
Kwankwaso

Kwankwaso faults Tinubu over insecurity, rising poverty

October 23, 2026
Duru

Tinubu mourns Nollywood veteran Francis Duru at 57

October 23, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
#image_title

17 mobile money operator companies licensed by CBN in Nigeria

March 22, 2023
james akaie scaled

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
nacc october 8 of 139 scaled

Nigerian-American Chamber hosts executive breakfast on U.S. EB-5 Investor Immigration Programme

October 24, 2026
Ogun

Police arrest butcher over colleague’s death in Ogun

October 23, 2026
Kwankwaso

Kwankwaso faults Tinubu over insecurity, rising poverty

October 23, 2026
Duru

Tinubu mourns Nollywood veteran Francis Duru at 57

October 23, 2026
ADVERTISEMENT
October 2026
SMTWTFS
 123
45678910
11121314151617
18192021222324
25262728293031
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • quotes 22

    ‘Breaking News’ Babatunde Omidina, Baba Suwe, is dead

    0 shares
    Share 0 Tweet 0
  • 17 mobile money operator companies licensed by CBN in Nigeria

    0 shares
    Share 0 Tweet 0
  • Ifeoma playfully reacts as Paul Okoye receives recognition in Australia

    0 shares
    Share 0 Tweet 0
  • Trump instructs Pentagon to draw up military response over Nigeria crisis

    0 shares
    Share 0 Tweet 0

Just Published!

nacc october 8 of 139 scaled

Nigerian-American Chamber hosts executive breakfast on U.S. EB-5 Investor Immigration Programme

October 24, 2026
Ogun

Police arrest butcher over colleague’s death in Ogun

October 23, 2026
Kwankwaso

Kwankwaso faults Tinubu over insecurity, rising poverty

October 23, 2026
Duru

Tinubu mourns Nollywood veteran Francis Duru at 57

October 23, 2026
CBN

CBN approves JPMorgan to establish Nigerian bank

October 23, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.