FIRS: Presidency uncovers alleged diversion of N40bn ‘2019 campaign fund’

All may not be well within the Presidency over alleged misappropriation of N40 billion from the Federal Inland Revenue Service, (FIRS), under the immediate past Chairman, Babatunde Fowler.
Mr Fowler, who was appointed to superintendent Nigeria’s apex tax office was replaced on December 9, 2019, by a tax consultant, Muhammad Nami. 
According to report by the online medium, Daily Nigerian, sources knowledgeable about the development told PRNigeria that the ‘misappropriated’ money, which was purportedly used as ‘political campaign fund’ during 2019 election, did not sit well with the Presidency, as the top principal stakeholder has reportedly ordered for an investigation and prosecution of culprits.
It could be recalled that in August 8, the Chief of Staff to the President, Abba Kyari, had queried Mr Fowler for what the Presidency considered as unacceptably dwindling tax revenue since 2015 when the Buhari administration took over the country’s helm of governance.
But Mr Fowler, in his response, defended the performance of FIRS under him, attributing the fall in revenue generation to the state of the economy within the years under review.
But it was gathered that these allegations, which are still being investigated, combined to stack up against Mr Fowler whose fate was officially sealed by Mr Buhari on December 9. 

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