Africa Press-Nigeria:
– This is over alleged unremitted $3.3bn from the $21.3bn collected by the FIRS as foreign tax in 2015
– Senate acted on an audit query raised against the CBN by the office of the auditor-general
The Central Bank of Nigeria (CBN) has been mandated to explain why $21.3 billion remitted to the apex bank by the Federal Inland Revenue Service (FIRS) as foreign tax in 2015 has a shortfall of $3.3 billion.
The call was made by the Senate committee on public accounts, on Wednesday, June 4.
According to Senate, the office of the Auditor-General of the Federation in an audit query revealed that while FIRS recorded $21.3 billion as total sum of foreign tax collected by it in 2015 and domiciled in the apex bank, CBN on the other hand, recorded $18 billion, Premium Times reports.
The Senate also revealed that CBN’s deputy governor (Corporate Affairs), Edward Lamatek Adamu, was unable to satisfactorily give a reason for the missing money.
