The management of Access Bank Plc has been summoned by the House of Representatives Committee on Finance over some irregularities in its tax records.
A summon letter to this effect has been forwarded to the bank and other institutions affected, the Finance Committee Chairman, Hon. Abdulmumin Jibrin, disclosed on Thursday.
Jibrin said the Committee will hold an investigative hearing.
According to the House committee chairman, the bank will be investigated for tax evasion.
The hearing is slated for April when the lawmakers must have returned from their two weeks break.
Jibrin said: “After preliminary investigation, we have been able to establish that Access Bank Plc has a lot of inconsistencies in its tax remittances over several years.
“There is a huge inconsistency in their annual returns, audited accounts and financials.
“As a matter of fact, in some instances they were found to have concealed their balance sheet and even doctored it to evade taxes.”
Pray tell. Since when was it the job of House of Reps to investigate tax evaders? Looks like there’s no job to be done in the House. That’s why they can even afford a break when the country is burning.