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How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsHow Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie (942 Views)

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How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie by willscopan(op): 1:43pm On Jul 30, 2019
CORRUPTION APOSTLE

The level of corruption, nepotism, and monumental fraud existing in the Federal Inland Revenue Service (FIRS) under the leadership of Dr Babatunde Fowler would easily pass for the 9th wonder of the world and recorded in the World’s Guinness book of record if petitions seen by this newspaper is anything to go by.

Document available to SecretReporters revealed that perhaps determined to use his office and relationship with the Vice President to loot the Service dry, Babatunde Fowler allegedly carries out massive extortion on major construction companies and other multinational companies running into Billions of Naira in the guise of payment of tax refunds.

This practice by the tax collector according to reports has left these companies in a hypocritical state as they are forced to continue to satisfy his gluttonous desire or risk not getting anymore contracts from him and his cohorts.

Sources within the Service squealed to SecretReporters that these funds gotten from his extortion spree amounting to more than...

Read more at: https://secretsreporter.com/corruption-apostle-how-babatunde-fowler-extorted-over-n10-billion-in-tax-from-construction-companies-to-fund-2019-election-campaigns/?fbclid=IwAR1zR3nEVlno2oINd3UFxRiEiGM5s25uEFBmSb9SSSLQgu1qfSUtrXwAkrU

Re: How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie by oz4real83(m): 1:57pm On Jul 30, 2019
These money that are being "extorted" from construction companies, are they being paid into private purse or govt's purse? If the construction companies feel they are being extorted, why don't they take the govt to court for redress? Please don't cry more than the bereaved.
Re: How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie by Xisnin(m): 2:01pm On Jul 30, 2019
willscopan:
This practice by the tax collector according to reports has left these companies in a hypocritical state as they are forced to continue to satisfy his gluttonous desire or risk not getting anymore contracts from him and his cohorts.
When illiterates run a blog.
Tax is not extortion. It is good news if Fowler forced erring companies to pay their
fair share of tax.

It is even funny that construction companies are afraid of Fowler when FIRS has nothing
to do with major contracts award.
Re: How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie by laudate: 5:32pm On Jul 31, 2019
oz4real83:
These money that are being "extorted" from construction companies, are they being paid into private purse or govt's purse? If the construction companies feel they are being extorted, why don't they take the govt to court for redress? Please don't cry more than the bereaved.
Even if it is being paid into govt purse, it is still extortion, if companies are incorrectly assessed and overbilled under the guise of tax and penalties. sad

A friend of mine opened a restaurant in Lekki.

After 2 months operation, she was asked to pay 8 million. For what? huh Meanwhile the entire rent of the building plus all the furniture, fixtures and fittings were not up to 2 million. She was even yet to break even, and she was given a bill of 8 million. How??

She almost collapsed. And these tax officials are so hostile and blatantly rude. undecided They were not even interested in listening to her. They told her to even go and pay first, before lodging any complaint.

Tell me, what kind of tax collection is that?? shocked
Re: How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie by FarahAideed: 5:39pm On Jul 31, 2019
Xisnin:
When illiterates run a blog.
Tax is not extortion. It is good news if Fowler forced erring companies to pay their
fair share of tax.

It is even funny that construction companies are afraid of Fowler when FIRS has nothing
to do with major contracts award.
Read and comprehend man !!! Tax refunds not tax ..A tax refund is a part of over taxatiion already paid that is being refunded to companies but in this but in this case it's cornered by corrupt tax men
Re: How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie by Xisnin(m): 7:12pm On Jul 31, 2019
FarahAideed:
Read and comprehend man !!! Tax refunds not tax ..A tax refund is a part of over taxatiion already paid that is being refunded to companies but in this but in this case it's cornered by corrupt tax men
It doesn't matter what kind of money is involved.
All we need to see is evidence that it is going to a private pocket
and such forwarded to the EFCC.
If not, then this article is nothing but propaganda.
Re: How Babatunde Fowler Extorted Over N10 Billion In Tax From Construction Companie by aolawale025: 7:18pm On Jul 31, 2019
How true can be this??
1 Reply

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