The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu, SAN has assured the Federal Inland Revenue Service (FIRS) that the Commission will assist the agency in tackling cases of tax evasion and financial crime in the revenue generating sector of the country.
The ICPC Boss who gave the assurance at the signing of the Memorandum of Understanding (MOU) at the Commission ‘s headquarters emphasized the importance of strategic partnership in the fight against corruption. He stated, “Corruption erodes the fabric of society and hinders economic development. By partnering with FIRS, we can more effectively investigate and prosecute cases of corruption involving tax evasion and other financial crimes.”
Chairman of FIRS, Dr. Zach Adedeji led his management team to the MOU signing ceremony which he christened “fostering of collaboration” between both agencies.
Dr. Adedeji highlighted the role of tax compliance in building a more equitable society. “Tax evasion deprives the government of much-needed revenue that could be used for public services. Through this partnership, we aim to ensure that everyone pays their fair share of taxes,” he said.
Accordingly, the FIRS projected that it will generate 1.9trillion Naira as tax from public sector with the collaboration of ICPC.
Demola Bakare, Spokesperson of the ICPC in a statement pointed out that the MOU will see the agencies establish a joint task force to coordinate their efforts and share information on cases of mutual interest. They will also conduct joint trainings to enhance the skills of their staff in investigating financial crimes and detecting tax evasion.
Good production costs money and you can support what we do. Please find our details below👇🏾👇🏾👇🏾 Account name: MARKET ONLINE MEDIA Bank: UBA Acc No: 1026401930.
