The Federal Inland Revenue Service (FIRS) is going all out to recover outstanding N1.8 trillion tax liability from the accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA).  

To this end, the Service has appointed some commercial banks to recover the debt directly from the companies’ accounts.

A statement signed by the Executive Chairman FIRS, Muhammad Nami, noted that the decision to appoint the banks as agents and to freeze the accounts was as a result of the Group’s continued refusal to grant FIRS access to its servers for audit.

“It was discovered that the companies persistently breached all agreements and undertakings with the Service, they would not promptly respond to correspondences, they lack data integrity and are not transparent as they continually deny FIRS access to their records.

Particularly, MCN has avoided giving the FIRS accurate information on the number of its subscribers and income.

The companies are involved in the under-remittance of taxes which necessitated a critical review of the tax-compliance level of the company,” he explained.

Nami added that the group’s performance does not reflect in its tax obligations and compliance level in Nigeria.