Govt Seals Dangote Cement Factory Over Alleged Tax Evasion

According to reporters on ground, KGIRS sealed the company on Wednesday, October 05, 2022, over tax evasion and acquisition controversy. Who gave the order?: The action was reportedly backed by the Kogi State House of Assembly. Kingsley Fanwo, the Kogi State Commissioner for Information, was quoted as saying: “Pursuant to the Constitutional authorities of the Kogi State House of Assembly, and upon petition by the people of Kogi State, an investigation was carried out on the acquisition of Obajana Cement Company by Dangote Company.

“It was found that no valid acquisition took place, as Dangote could not show evidence of what was paid as consideration for the acquisition. The legislators invited the Chairman of the Company, Aliko Dangote, before the house for explanations but he failed to appear before the state assembly, giving excuse “The House of Assembly therefore ordered the closure of the company pending when they are able to present it with credible evidence of a valid acquisition.”

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Posted: at 6-10-2022 11:47 AM (2 years ago) | Addicted Hero

That's one of the ways this terrorist govt keeps enriching Dangote. He should be prosecuted ad sent to jail.

Posted: at 6-10-2022 12:03 PM (2 years ago) | Gistmaniac

,,,, Even a madman and jobless man like u will be too big to fail if given such an opportunity as Dangote. Senseless comments always,,committing nuisance in this site . People like u supposed to be banned from committing here.

Posted: at 6-10-2022 01:01 PM (2 years ago) | Upcoming

Noted

Posted: at 6-10-2022 02:03 PM (2 years ago) | Addicted Hero