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Tax Evasion

Companies arraigned over tax evasion, assault on FIRS staff

The Federal Inland Revenue Service (FIRS) on Monday arraigned Fortless Global Concept Limited and Everyday Wine Shop and their representatives at the Federal Hight Court, Abuja on alleged tax evasion, obstruction of official duty and attack on staff of the FIRS on duty among other charges.
Mr Onofiok Luke, the Speaker, Akwa Ibom House of Assembly says Gov. Udom Emmanuel needs another four years in office to complete the urbanisation of Eket town.

Governor Emmanuel challenges President Buhari to expose corrupt politicians running to APC

Akwa Ibom State governor, Mr Udom Emmanuel, has challenged President Muhammadu Buhari and the Federal government to prosecute all corrupt politicians running to the All Progressives Congress (APC) in to escape justice.
Passports Malta

EU to stop issuance of ‘golden passports’ for big investors

The European Commission has urged a crackdown on member states handing out “golden passports” and visas to non-EU nationals in exchange for large investments.
Oliver Stolpe

UN: World loses $2.3 trillion to corruption annually

Oliver Stolpe, Country Representative, United Nations Office on Drugs and Crime (UNODC), has said that the world loses $2.3 trillion to corruption annually.
Mohamed Aboutrika

Former Egypt forward handed jail sentence for tax evasion

Former Egypt forward Mohamed Aboutrika, one of the country’s most famous sportsmen, has been sentenced to a year in jail on charges of tax evasion, local media reported on Tuesday.
Zainab Ahmed

Federal government seeks support of IMF, G24 to tighten noose on tax defaulters

The Minister of Finance, Mrs. Zainab Ahmed, has appealed to the International Monetary Fund (IMF), and the G24 to assist the federal government in identifying the assets of Nigerians overseas and of international companies doing business in the country for proper inventory, for the purpose of effective taxation.
MUHAMMADU BUHARI 2

Muhammadu Buhari signs Executive Order 8 on offshore money laundering

President Muhammadu Buhari on Monday in Abuja signed executive order eight, tagged Voluntary Offshore Assets Regularization Scheme (VOARS) to make money laundering and tax evasion difficult.
MUHAMMADU BUHARI 4

Executive Order: Muhammadu Buhari tightens tax, money laundering rules

The Muhammadu Buhari administration is stepping up the regulations on money laundering and tax evasion by releasing a new Executive Order number eight, tagged Voluntary Offshore Assets Regularization Scheme (VOARS).
Former South Korean President Lee Myung-Bak appears for his first trial at the Seoul Central District Court on May 23, 2018 in Seoul, South Korea. Chung Sung-Jun-Pool via Reuters

Court jails ex-South Korea president for 15 years over corruption

Former South Korean president Lee Myung-bak was jailed for 15 years for corruption on Friday, becoming the latest of the country’s ex-leaders to be sent to prison.

Donald Trump’s ex-campaign chief guilty on eight counts

US President Donald Trump has been dealt a double blow after developments in two separate cases involving his former close associates.

Alpha Beta: I hope EFCC’ll have the nerve to unravel it – Bode George

George further said, “The chickens have come home to roost. How can someone be raping a state so mercilessly since 1999 and he is still doing it? His time is coming to an end.”
Justice Philomena Mwilu, middle, in court today

Kenyan deputy chief justice charged with tax evasion, abuse of office

Kenya’s director of public prosecution has promptly charged deputy Chief Justice Philomena Mwilu with abuse of office and tax evasion.

Donald Trump fears ‘perjury trap’ in Robert Mueller inquiry

US President Donald Trump has said he is worried he might face perjury charges if he gives statements under oath to the investigation into Russia’s alleged role in his election victory.
Cristiano Ronaldo

Cristiano Ronaldo fined €3.2 million in tax evasion case

Cristiano Ronaldo will be fined 3.2 million Euros (3.7 million dollars) and sentenced to 24 months in prison, a sentence he is unlikely to serve, after settling a tax evasion case with Spanish tax authorities, the prosecutor said on Friday.

Senate urges anti-corruption agencies to avoid undue publicity

The Senate has urged anti-corruption agencies to avoid undue publicity in their determination to expose and prosecute cases of corruption.
UN Secretary-General Antonio Guterres

UN chief tasks international community to stop money laundering in Africa

UN Secretary-General Antonio Guterres has appealed to the international community to take action against the flow of illegal funds, money-laundering and tax evasion, which cost Africa 50 billion dollars every year.

Donald Trump’s ex-campaign chief sent to jail

Donald Trump’s former campaign chief, Paul Manafort, was sent to jail Friday pending trial on a series of federal charges.

Cristiano Ronaldo offers €14 million to Spanish authorities to avoid prison

Real Madrid forward Cristiano Ronaldo has offered to pay €14million to Spanish tax authorities and admit his guilt to four counts of tax evasion, to avoid going to prison.

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Wales manager Ryan Giggs said midfielder Aaron Ramsey missing his country’s opening Euro 2020 qualifier against Slovakia on Sunday due to injury is a “blow”.

Ryan Giggs: Aaron Ramsey absence “a blow”

Wales manager Ryan Giggs said midfielder Aaron Ramsey missing his country’s opening Euro 2020 qualifier against Slovakia on Sunday due to injury is a “blow”.
Boboye Oyeyemi

Overloading: FRSC goes tough on offenders

The Corps Marshal, FRSC, Mr. Boboye Oyeyemi, says the commission will not rest on its oars until the campaign against vehicle overloading is achieved.
All Progressives Congress (APC) Nigeria

Kano rerun: APC dismisses PDP’s allegation

The All Progressives Congress (APC) in Kano State has dismissed the People’s Democratic Party (PDP)’s allegation on the importation of political thugs from neighbouring states.

PDP condemns alleged attack on agents, members in Kano

The Peoples Democratic Party (PDP) has condemned the alleged violent attacks and alleged killing of its agents and members by thugs allegedly unleashed by the All Progressives Congress (APC) at the Kano supplementary election.

Chad fires chief of staff after Boko Haram attack kills 23 soldiers

Chad President Idriss Deby has fired his armed forces chief of staff following the latest bout of unrest which culminated in a Boko Haram attack that left 23 dead.