A political activist and former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has called on the Federal Inland Revenue Service (FIRS) to bury their faces in their hands in shame over their gross act of corruption recently exposed by him.

Frank in a statement in Abuja in response to a riposte to his press release by the tax agency, said he cannot be intimidated by the agency’s threat to sue him.

He described the agency’s rantings as a puerile attempt to sweep the main issues in his public statement under the carpet.

He said that the FIRS thinks they can continue to deceive Nigerians by claiming unfounded budgetary fidelity.

Frank said: “I read the statement by the Federal Inland Revenue Service and I am rather disappointed at their intellectual laziness.

“Who is the FIRS trying to fool by claiming that their annual subvention is not up to a N100 billion? That is an unintelligent attempt to fool the public.

“The FIRS, like the Nigerian National Petroleum Corporation, Central Bank of Nigeria and the Securities and Exchange Commission are revenue generating agencies of the Federal Government that do not depend on budgetary subventions.

“These agencies are able to appropriate huge funds from the monies they generate for their use.”

He urged the agency to come clean and tell Nigerians the reason for the discrepancies which exist in their records of tax collection.

“For example, on January 7, 2019, the Federal Inland Revenue Service announced that it had broken Nigeria’s all-time revenue generation record, by generating N5.3trillion in 2018.

“However, on 18th August, 2019, the FIRS’ boss was queried for poor performance and under remittances to the Federation Account by the Chief of Staff to General Muhammadu Buhari, Mr. Abba Kyari.

“Kyari’s letter to the FIRS’s Boss, Tunde Fowler, was to the intent that the reported ‘record breaking’ revenue the agency claimed to have generated was in reality not up to the revenues generated in the previous Peoples Democratic Party-led administration of President Goodluck Jonathan.

“The query, which was widely published in all newspapers and online media channels, was as a result of the N90billion that the FIRS illegally funneled to Vice President Yemi Osinbajo for the 2019 elections which led to the shortfall.

“The FIRS should bury their head in the mud and apologise to Nigerians for aiding and abetting corruption,” he said.

The Bayelsa-born activist called on the anti-corruption agencies to arrest and prosecute the leadership of the Service for aiding and abetting corruption.

He said: “The big question is: what is responsible for the discrepancy? These are questions that the FIRS should be explaining to Nigerians rather than trying to be clever by half in claiming that they do not get up to N100 billion per annum, when in fact they expend 50 times that amount.

“I therefore call for the immediate arrest and prosecution of the leadership of the FIRS for fraud and money laundering.”

Frank added: "I stand by my statement and am not going to tender any apology to FiRS. They are the ones to apologize to Nigerians for illegally spending taxpayers’ money on elections.

“I cannot be intimidated by threats. I am prepared to meet them in court. Why are they crying more than the bereaved if they have nothing to hide?

“Why did they decide to respond on behalf of the Vice President, who is the main issue here? Is the FIRS now Osinbajo’s mouthpiece?”

END

Signed

Comrade Timi Frank
Political activist
Abuja

wow

Good one,

Always be ready to stand by the consiquences of your actions and inactions like a man, unlike that coward Wendel Smellin, Fake Pastor Omokirikiri that has refused to enter Nigeria since Jonathan Lost, but blows propaganda online hiding under his wife's skirt

This is where FaniKayode , Fayose and Sowore Stands gallantly


...

EFCC and ICPC should look into this matter ASAP.

STEALING IS NO LONGER CORRUPTION in our land.

We must know the whole truth of this matter.

mapet:



What are they looking at? Don't you see some of the illogical points in Timi Franks's statements?

1. How is FIRS a revenue generating body? Tax collection is not a revenue generation per say. It collects taxes that are remitted directly into the TSA where it is shared. How will FIRS unilaterally allocate or deduct from tax money? Even the Minister of Finance cannot do so.
2. Secondly, why is Timi Frank misrepresenting facts. The so called "query" to FIRS was never about missing money. It was about missing targets promised. There was no N90b money missing in the inquisition.
3. Is it not curious to you that Timi Frank has not made any documentary evidence to back up his claim public?

Hmmmm,
You have made some very good solid points here sir.

Osibanjo is a pure Yahoo Yahoo boy with pen.

There is no smoke without fire. The matter should be thoroughly investigated. Nigerian Politicians are criminals. There is massive corruption going-on in this present administration. FIRS under Fowler is being run like a one man business. Ask FIRS Staff. Osibanjo misappropriated billions of naira via Social Investment Programmes. Feeding of school children and other social investment programmes, except NPower are all scams. Let Timi Frank stand his ground and face them in Court. More will be reviewed at the right time. They are all criminals. So much money was withdrawn from CBN, NIMASA etc to prosecute 2019 elections by APC. The cabal is angry because Osibanjo alone cornered bulk of the N9billion by giving Tinubu (Lagos) only N5Billion out of the money. There are all evil men ruling the affairs of men in Nigeria.

Oya let’s meetin court if Una get balls. He knows what he is talking about.

The boldness at which this man is confronting the FIRS is top notch. Hopefully they will meet in court with His evidence

Ok

FIRS told us last year they generated over #5trillion for the Nigeria government now their defence for the fraudulent allegations is that their allocation is not up to 100billion. You do not need allocations to steal

If you can generate #5trillion then it is very possible that you can under declare smaller #90billion which is the bone of contention. Yahoo Yahoo

This is Nigeria there is no way the FIRS boss Fowler who is a Tinubu guy will not loot for his cronies. Practically impossible

Threats vs Threats gives you litigation. From the facts above, saint osibanjo is in soup.

Seun please bring back our old nairaland




This one is turning my eyes

Lol Timi Frank's lips are just a huge,source of comedy

it's about to go down

Hahahah watch FIRS back down

As e de hot

See you in court then.

21 And the Lord God was angry put confusion in the camp of the APC ;
22 And they awoke and fought one another;
23 Till all were dead in their camp;
24 By daylight not one was living among them;
25 For the evil they had wrought in the land was much;
26 For the people had suffered terribly under their rule.

Good one from Timi

It is now obvious that the VP is the chairman of Yahoo men

Not Yahoo boys

Mr Timi! boldness

There is no perfect crime, there must b loop hole and it requires d eyes of an experience or potential criminal to detect it. Hope timi got what it takes to stand with his claims.

At the end of all, we the masses suffer the consequences of the corrupt system.


APC zombie will be scarce in this thread.









Moral lesson; when it is the truth, the mind will be bold to face it.

FIRS should meet him court then.

Hahaha
Dude stands by his words!
Over to you firs

They should bury their head in shame

Tunde Fowler.

A concentrated crook. Turned government agency to a bank for his girlfriends.

When will northerners start bringing down each other like the the southerners are good at?

Suen, we asked for upgrade and you went and change font and remove borders without adding the dislike button. you for kuku leave am as e be before ni

The guy is just blabbing...
As you can see, he's already shifting the narrative from Osinbajo collecting money from FIRS to FIRS itself.

Come and repeat all you wrote in court

Interesting...

Atom of truth may be unveil if FIRS goes to court to challenge Timi but last last nothing come outside