Tax Fraud: We’ll work with FIRS to prove our tax compliance – MultiChoice replies

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Following threat to freeze its bank accounts over tax fraud allegations by the Federal Inland Revenue Service (FIRS), MultiChoice Nigeria has stated that it is yet to receive any notification, and ready to work with the agency to clear the air. 

In a short statement Thursday, the leading pay TV company stated it is currently in discussion with FIRS regarding their concerns and believe the matter will be resolve amicably.

The statement reads; “We have read the media reports and the statements made by the Federal Inland Revenue Service (FIRS).

“MultiChoice Nigeria has not received any notification from FIRS.

“MultiChoice Nigeria respects and is comfortable that it complies with the tax laws of Nigeria.

“We have been and are currently in discussion with FIRS regarding their concerns and believe that we will be able to resolve the matter amicably.”

The Nigeria’s Federal tax authority in a statement issued by Mr Abdullahi Ahmad, Director, Communications and Liaison Department of FIRS in Abuja on Thursday, said it has engaged some commercial banks as agents to freeze and recover N1.8 trillion from accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA).

The FIRS explained that the decision to appoint the banks as agents and to freeze the MultiChoice accounts is a result of the groups’ continued refusal to grant Federal tax authority access to their servers for audit.

FIRS said it discovered that the companies persistently breached all agreements and undertakings with the Service.

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