Nigeria News App

Join NN App My Account
Stats: 311 members, 1,741 topics. Date:   Mon, 17 2018 at 04:12 pm
For more please contact us @ info@nigerianews.app

Nigerian News

FrontPage Forum Must Read Latest Posts Breaking News Entertainment Politics Business Economy Sports Romance General Hausa News
Trending : Buhari 2019 Buharis Nigerian Bank Govt Give
Join NN App Earn by reading news Sign in My earnings Invite friends Income record How it works FAQ Testimonial Income support Today offer

Absence of judge Stalls MTN vs AGF Suit

By - - [General ]

Absence of Justice Chukwujekwu Aneke on Monday stalled hearing of a suit by MTN Nigeria against the Attorney-General of the Federation (AGF) challenging the legality of N242 billion and 1.3 billion dollars import duties and withholding tax assessment.

Hearing of pending applications in the suit could not hold on Monday before a Federal High Court in Lagos as earlier scheduled because Aneke was away on an official duty.

The court consequently adjourned the hearing until Feb. 7, 2019.



Counsel to both parties had, at the last adjourned date, on Nov. 8, informed the court of the applications.

Chief Wole Olanipekun (SAN) was the lead counsel to MTN, while Mr T.A Gazali, a Chief State Counsel from the Federal Ministry of Justice, represented the AGF.

The News Agency of Nigeria (NAN) reports that MTN instituted the suit by a writ dated Sept.10, challenging the legality of the AGF’s assessment of its import duties, withholding of tax and value added tax in the sums of N242 billion and 1.3 billion dollars.

In the suit, MTN claims that a revenue assets investigation allegedly carried out by the Federal Government on MTN for the period of 2007 – 2017 violates Section 36 of the Constitution.

It also claims that the government’s decision conveyed through the office of the AGF, by a letter dated Aug. 20, contravenes the provisions of the section.

The telecoms company seeks a declaration that the defendant (AGF) acted in excess of his powers by allegedly directing, through a letter dated May 10, an assessment, which MTN claims, usurped the powers of the Nigerian Customs Service to demand import duties.

MTN also alleges, among other things, that the AGF usurped the powers of the Federal Inland Revenue Service to audit and demand remittance of withholding tax and value added tax.

It seeks a court order vacating the AGF’s letter dated Aug. 20, demanding N242 billion and 1.3 billion dollars from MTN.

The telecoms company seeks to claim N3 billion against AGF as general damages, exemplary damages and legal costs.

However, in a preliminary objection, the AGF argued that the plaintiff (MTN) instituted the suit in disregard to Section 2 of the Public Officers Protection Act – which provides that any action against a public officer must be made within three months from commencement of cause of action.

AGF argued that plaintiff’’s failure to begin the suit as stipulated by law robs the court of its jurisdiction to entertain the case.

NAN reports that MTN also filed a related suit before another Federal High Court in Lagos against the Central Bank of Nigeria (CBN) over alleged 8.1 billion dollars repatriated funds.

It is seeking an injunction to restrain the CBN from taking further actions to reclaim the money.

The CBN had alleged that the telecoms firm improperly repatriated dividends, and requested it returns 8.1 billion dollars to its coffers.

The case involving CBN will be heard before Justice Saliu Saidu on Dec. 4. (NAN)

https://www.thisdaylive.com/index.php/2018/12/03/absence-of-judge-stalls-mtn-vs-agf-suit/


Like .

Others are reading


14 Comments Nigeria News
iammicharles• 2 weeks ago
Delay tactics
Reply
Olite1996• 2 weeks ago
ditching the folks
Reply
Fatimabello• 2 weeks ago
Kkk
Reply
Danson92• 2 weeks ago
Pls
Reply
ANOINTING• 2 weeks ago
Abeg
Reply
Iyamahsolomon• 2 weeks ago
Ok
Reply
Keshinismail• 2 weeks ago
Ok
Reply
Irphilippe• 2 weeks ago
Ok
Reply
Iamajtofunmi• 2 weeks ago
Ok
Reply
innkayobami• 2 weeks ago
Oops
Reply
yetty031009• 2 weeks ago
Ok
Reply
yetty031009• 2 weeks ago
Ok
Reply
olakunle031009• 2 weeks ago
Can u imagine
Reply
Abiodun• 2 weeks ago
Really
Reply

(Go Up)

Have a news to share? Contact Email: info@nigerianews.app

NIGERIA NEWS APP (https://www.nigerianews.app) is a website owned by IAR (IJMBway Alevel Registraion) a registered company that pays you for reading news, commenting on every news, sharing our ads on Twitter/ Facebook, inviting friends & family and logging daily. You can make upto ₦200,000 just by inviting people to read Latest Nigerian News & Breaking News in Nigeria. Register today with ₦1,600 to become a member.


© 2018 - Nigerian News App.