₦1.8 Trillion Fraud: FIRS To Freeze MultiChoice Bank Accounts Over Non-compliance

The Federal Inland Revenue Service (FIRS) has asked some commercial banks (as agents) to freeze and recover N1.8 trillion from accounts of MultiChoice companies. The firms are MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA).

This was confirmed in a statement issued by Mr Abdullahi Ahmad, Director, Communications and Liaison Department of FIRS in Abuja, on Thursday.
Read Also: ‘We Suspended DStv’s Payment But They In Turn Increased Fees For Subscribers’ – FG Says Multichoice Is Cheating All Nigerians
The agency disclosed that the decision to appoint the banks as agents and to freeze the accounts arose from the companies’ continued refusal to grant FIRS access to their servers for audit.
FIRS had discovered that the MultiChoice firms persistently breached all agreements and undertakings with the Service.
Read Also: Multichoice, Owners of DSTV, Set To Fire Over 2,200 Staff

Photo Credit: Getty

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