Reps panels grills Shell, Total over alleged tax evasion

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The panel says Shell, Total and First E & P were in violation of Nigeria Law for making capital allowances claims without the Certificate of Acceptance of fixed Assets.

The House of Representatives on Wednesday grilled Shell Petroleum Development Company of Nigeria, Total Energies and First E and P over alleged tax evasion.

The Chairman of the committee, Abubakar Fulata, frowned at their operations regarding the payment of taxes toHe said the FIRS does not rely on the Stock Certificate of Crude Oil as well as Certificate of Acceptance of Fixed Assets . The leader of the Shell delegation, Bashir Bello, said SPDC had been in operation since 1929 and promised to furnish the committee with the relevant documents being requested with the exception of the CAFA certificate.

 

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