Tag Archives: $30 billion

House of Reps summons FIRS over allleged $30bn revenue leakage

The House of Representatives Committees on Finance and Banking and Currency have summoned the Federal Inland Revenue Service (FIRS) to appear before them next Monday as investigation continues into $30 billion annual revenue leakages from 2004 to 2019. The leakages allegedly arose from payments on account of foreign currency denominated contracts by companies in engineering, procurement, construction, installation, marine transportation, ...

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