FIRS To Freeze MultiChoice Banks Accounts Over Alleged N1.8 Trillion Tax Fraud

The Federal Inland Revenue Service (FIRS) has asked some commercial banks (as agents) to freeze and recover N1.8 trillion from accounts of MultiChoice companies. The firms are MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA).

This was confirmed in a statement issued by Mr Abdullahi Ahmad, Director, Communications and Liaison Department of FIRS in Abuja, on Thursday.

The agency disclosed that the decision to appoint the banks as agents and to freeze the accounts arose from the companies’ continued refusal to grant FIRS access to their servers for audit.

FIRS had discovered that the MultiChoice firms persistently breached all agreements and undertakings with the Service.

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