By Babatunde Solanke
The Kaduna State Internal Revenue Service (KADIRS) has sealed off six branches of the United Bank for Africa (UBA) over alleged evasion of N14 million tax.
It was gathered that the operation carried out on Wednesday,24 April, 2024 followed the non-compliance of the management of the bank to series of notices sent to them by the service.
The team led, by the Board Secretary and Legal Adviser of the service, Barrister Aysha Muhammad, sealed off the branches in company with security agencies.
“In exercise of the powers vested in it by Section 104 of the Personal Income Tax Act, is authorised by the court to collect and recover the sum of N14,367,322.20k, being arrears of tax due from 2019 to 2021 from the above named agent/organization whose place of business is in Kaduna,”Mohammed said, just as she also added that a distress cost of N250,000 is also owed by the bank.
As at the time of filing this report, the bank has yet to react to the seal off , just as its management in Kaduna also yet to make comment on the development.