• 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

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.”

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

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.

Related Posts

adron homes 1 jpeg
Business

Adron Homes empowers women, advocates for gender equality on International Women’s Day 2024

by Quadri Olaitan
March 11, 2024
WhatsApp Image 2022 01 13 at 4.56.58 PM scaled
Business

‘Imported capital’ Stanbic, Standard Chartered, Citi set pace as banks record $38.2 billion in foreign inflows

by Rtn. Victor Ojelabi
January 13, 2022
Kennedy Uzoka UBA Shareholders
Business

‘Limited’ UBA struggles as banks leave Port Harcourt airport

by Freelanews
June 30, 2021
Meksley Nwagboh
Appointments

‘New role’ Fidelity Bank Plc appoints Meksley Nwagboh as Chief Marketing Officer

by Rtn. Victor Ojelabi
January 21, 2022
Freelanews-
Business

‘Foreign exchange crisis’ Acquisitions won’t go away from banking sector

by Freelanews
September 6, 2022

Leave a ReplyCancel reply

UBA bank ad UBA bank ad UBA bank ad

Recent News

Bandits

Bandits threatened to kill Oyo pupils If troops advanced, says minister

July 9, 2026
Ogun

Two dead, two escape injury in Ogun road crash

July 9, 2026
refinery

Ex-Port Harcourt refinery MD ordered to surrender passport in N1.32bn trial

July 9, 2026
APC

APC dismisses Obi’s life threat claim as ‘hallucination’

July 9, 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
james akaie

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

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
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
Bandits

Bandits threatened to kill Oyo pupils If troops advanced, says minister

July 9, 2026
Ogun

Two dead, two escape injury in Ogun road crash

July 9, 2026
refinery

Ex-Port Harcourt refinery MD ordered to surrender passport in N1.32bn trial

July 9, 2026
APC

APC dismisses Obi’s life threat claim as ‘hallucination’

July 9, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
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

  • Oladimeji Olatunji-Audu

    Atrium Homes CEO, Rtn. Olatunji-Audu, talks service, property

    0 shares
    Share 0 Tweet 0
  • Former Ogun LG chairman Wale Adedayo docked over allocation diversion allegations Against Abiodun

    0 shares
    Share 0 Tweet 0
  • Kwara community rejoices as abducted worshippers return home

    0 shares
    Share 0 Tweet 0
  • Peter Obi says he may not be alive to contest 2027 election

    0 shares
    Share 0 Tweet 0

Just Published!

Bandits

Bandits threatened to kill Oyo pupils If troops advanced, says minister

July 9, 2026
Ogun

Two dead, two escape injury in Ogun road crash

July 9, 2026
refinery

Ex-Port Harcourt refinery MD ordered to surrender passport in N1.32bn trial

July 9, 2026
APC

APC dismisses Obi’s life threat claim as ‘hallucination’

July 9, 2026
Boko Haram

Boko Haram raid kills soldier, burns hospital in Borno

July 9, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 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

© 2025 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.