Okpara varsity sealed over N120 million tax default

www.odogwublog.com reports that the Abia State Board of Internal Revenue  Tuesday, sealed the premises of the Michael Okpara University of Agriculture Umudike ( MOUAU) over alleged tax default.

The university according to BIR is owing N120, 751, 998.28 being tax deducted from staff but not remitted to the state revenue board by the management of the institution.

The institution was sealed following a court order obtained by BIR , a copy of which was sighted by our correspondent in Umuahia.

The court order was signed by Justice Kelvin Wosu of the Abia High Court Umuahia.

Both students and staff of the university were unable to gain entry into the university after it was seal.

An attempt by aggrieved students to forcefully gain entry into the premises was prevented by the management considering the far- reaching implications of such action.
But when contacted, the Public Relations Officer of the university, Mrs. Adanma Odefa confirmed the incident but refused to comment on why the management of the institution failed to remit tax deducted from staff.

Investigations revealed that this would  be the first time the 27-year institution would be sealed over tax default.

Meanwhile a popular event centre, Wonder Land,  owned by Senator Chris Adighje was also sealed by BIR for allegedly owing N7, 696,512.82.

Okpara varsity sealed over N120 million tax default Okpara varsity sealed over N120 million tax default Reviewed by Unknown on Wednesday, February 21, 2018 Rating: 5

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