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HomeNewsHouse Of Reps issue warrant of arrest on FIRs Chairman

House Of Reps issue warrant of arrest on FIRs Chairman

The House of Representatives Adhoc Committee Investigating the Structure and Accountability of the Joint Venture (JV) Business and Production Sharing Contracts (PSCs) of the NNPC from 1990 to date has said that it is left with no other option than to issue warrant of arrest on the Chairman of Federal Inland Revenue Service, Muhammad Mamman Nami after failing to honour invitation 6 times.

The Chairman of the Investigative Committee, Honorable Abubakar Hassan Fulata, during the committee meeting, insisted that the panel will invoke its constitutional power to direct the Inspector General of Police to arrest Nami who they accused of conniving with oil companies to evade tax running into billions of dollars.

Fulata said that the Federal Inland Revenue Service, Shell Petroleum Development Company (SPDC), Chevron and FAMFA Oil Ltd were the four organizations expected to appear before the Reps. While the three oil companies came, the Chairman of FIRS did not show up to answer questions regarding the allegations of tax evasion.

He added that the Clerk of the House of Representatives had served the FIRS chairman the subpoena. Yet he refused to honour the invitation leaving them with no option but to issue warrant of arrest againt him to police in order to arrest and bring him before the investigative committee.

Meanwhile, Honorable Mark Gbila (Benue State) noted that the submission of some of the oil companies that they are ignorant of CAFA certificate as the basis for enjoying capital allowance cannot in any way absolve them.

The committee reiterated that any of the oil companies found guilty in relation to payment of tax or unduly enjoying capital allowance will be made to refund the money to the federation account. DAILY

Procyon News

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