{"id":87020,"date":"2021-10-14T07:37:04","date_gmt":"2021-10-14T06:37:04","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=87020"},"modified":"2021-10-14T07:37:04","modified_gmt":"2021-10-14T06:37:04","slug":"reps-issue-14-day-ultimatum-to-banks-over-alleged-n10bn-unremitted-customs-duty","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/reps-issue-14-day-ultimatum-to-banks-over-alleged-n10bn-unremitted-customs-duty\/","title":{"rendered":"Reps Issue 14-day Ultimatum To Banks Over Alleged N10bn Unremitted Customs Duty"},"content":{"rendered":"
\n
The House of Representatives Committee on Customs have given two weeks ultimatum to some financial\u00a0 to reconcile accounts and remit all outstanding Customs Duties to the Federal Government.<\/div>\n
\n
\nThe Chairman of the Committee, Rep. Leke Abejide (ADC-Kogi) issued the ultimatum at an investigative hearing on Wednesday in Abuja.<\/p>\n

The investigative hearing was on alleged non-remittance of N10 billion customs duty to the Federal Government by commercial banks.<\/p>\n

Leke said that the Bank are Polaris Bank, Providus bank, Guaranteed Trust Bank, Eco Bank, United Bank of Africa (UBA) and Standard Charted Bank.<\/p>\n

The lawmaker said that Eco Bank is owing N4.4 billion, UBA, N3 billion and Standard Charted Bank is owing N2.4 bullion.<\/p>\n

The chairman said that the committee wants\u00a0 conclude its investigations within the period to enable members participate in the 2022 budget defence.<\/p>\n

\u201cFailure to reconcile with our consultants and pay up the outstandings before two week, we will use the power of the gavel,\u201d he said.<\/p>\n

He threatened to write the Central Bank of Nigeria (CBN) to deduct all outstanding from source and blacklist affected banks from collecting customs duty.<\/p>\n

He said that there are 15 other banks to be investigated and that the committee was determined to recovered every single kobo back to the Federal Government.<\/p>\n

<\/div>\n<\/div>\n<\/div>\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives Committee on Customs have given two weeks ultimatum to some financial\u00a0 to reconcile accounts and remit all outstanding Customs Duties to the Federal Government. 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