The Federal Inland Revenue Service [FIRS] has raided the business premises of Premiere Lotto Limited (PLL) a.k.a. Baba Ijebu, the foremost lotto industry in Nigeria.
The raid followed after the foremost whistleblower in Nigeria, Dr. George Uboh, through the George Uboh Whistleblowers Network [GUWN] blew the whistle on the entity.
The whistle exposed how Baba Ijebu swindles the federal government of taxes running into billions.
Recall that Elombah.com had, on 12 September, reported that Dr. Uboh uncovered how the lotto company, popularly known as Baba Ijebu, scams the federal government of taxes.
According to the report, Chief Kessington Adebutu, the owner of Premiere Lotto rakes in over one billion daily.
However, after taking in approximately N1 billion Naira daily, Baba Ijebu pays flat tax rate of approximately 500 million Naira per annum which is a fraction of the real tax exposure.
After Uboh appeared on Elombah.com show and made the startling revelation, on the 26th FIRS descended on Baba Ijebu.
Meanwhile, on September 13, 2017, GUWN requested Premiere Lotto Limited (PLL), otherwise known as Baba Ijebu, under Freedom of Information (FoI) Act to disclose how much PLL earns daily and how much taxes it pays.
GUWN also requested FIRS to disclose how much PLL pays in taxes. [See attached]:
This was premised on whistleblowers within PLL, FIRS and Banks that gave information that PLL rakes in over a billion Naira daily, but pays peanuts in taxes.
GUWN exposed this fraud to the media houses same day.
On September 26, 2017, the FIRS raised Baba Ijebu claiming PLL owes close to a Billion in taxes.
“Is this a mere coincidence or a case of the FIRS putting up a show?” Asked Dr Uboh.
“How are we sure FIRS has calculated the real amount PLL owes?” he added.
GUWN has declared intentions to go to court to compel both parties to disclose, given the fact that they have refused to disclose to GUWN within 7 days as mandated by the Act.
See attached a report by Parrot’s Blog indicating a fight between FIRS officials and staff of Premiere Lotto Limited after the latter attempted to seal the premises of the lottery firm over some N789.6 tax debt:
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