Crime and Security

EFCC arrests FIRS ex-boss over N100bn fraud leveled against Alpha Beta consulting

EFCC arrests ex-FIRS boss over N100bn fraud leveled against Alpha Beta consulting

 

The former Chairman of the Federal Inland Revenue Service FIRS, Mr.Babatunde Fowler, has been arrested by the Economic and Financial Crimes Commission EFCC over the N100 billion tax evasion allegations levelled against a tax firm known as Alpha Beta Consulting.

The anti-graft agency is currently interrogating Fowler over the allegation against Alpha Beta Consulting owned by national leader of the All Progressives Congress, Bola Tinubu.

is currently being interrogated by operatives of the Fowler, a long-time ally of the national leader of the All Progressives Congress, Bola Tinubu, and also a close friend of Vice President Yemi Osinbajo, arrived at the EFCC Lagos office this morning.

Fowler, a close ally of Vice President Yemi Osinbajo, was invited for questioning after a former Managing Director and Chief Executive Officer of Alpha Beta Consulting, Dapo Apara, petitioned the anti-graft agency, accusing the firm of N100 billion tax fraud.

The petition was filed in 2018 and signed by Apara’s counsel, Adetunji Shoyoye and Associates and stated that Alpha Beta, the firm given exclusive rights to monitor and collect Internally Generated Revenue on behalf of the Lagos Government, “has become an avenue for official corruption of government officials, a conduit pipe for the massive money-laundering scheme, tax evasion, among other vices.” Apara also alleged that the fraud had been covered by powerful politicians in the state.

Part of the petition read:

“Over the years, the company has been protected and shielded by some powerful politicians and people in the society which made them to always boast of being untouchable, but our client, feeling the need not to keep quiet again and strengthened by his belief in the fact that the government of President Muhammadu Buhari is keen on fighting corruption, which has been the bane of our country, is of the firm belief that it’s time to expose and open the can of worms called Alpha Beta Consulting.”

Fowler’s tenure as chairman of FIRS ended in December 2019 and was not renewed by President Buhari.

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