FIRS FREEZES MULTICHOICE ACCOUNTS, APPOINTS BANKS TO RECOVER 1.8TRILLION NAIRA DEBT

Big trouble has come knocking on the doors of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA), owners of cable television service provider, DSTV, as the Federal Inland Revenue Service (FIRS) has appointed some commercial banks as agents to recover the sum of N1.8 trillion from accounts of from them.

Scandalously, FIRS added, the parent company, which provides services to MCN has never paid Value Added Tax (VAT) since its inception.

“They (foreign companies) do with impunity in Nigeria what they dare not try in their countries of origin,” the tax agency lamented.

A statement signed by the Executive Chairman, Muhammad Nami, confirmed that the decision to appoint the banks as agents and to freeze the accounts was as a result of the group’s continued refusal to grant FIRS access to its servers for audit.

“It was discovered that the companies persistently breached all agreements and undertakings with the Service, they would not promptly respond to correspondences, they lacked data integrity and are not transparent as they continually deny FIRS access to their records.

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