KW-IRS Seals Skye Bank in Ilorin

The Kwara State Internal Revenue Service (KW-IRS) sealed two branches of Skye Bank in Ilorin, the Kwara State Capital on Wednesday 24th January 2018. The KW-IRS team was led by the Director, Legal and Enforcement, Lateef Okandeji, Esq. He said this was an enforcement of a Court Order issued on 23rd January following judgement delivered on 22nd January 2018.

He further explained that this distrain was a last resort the Service resulted to after series of dialogues with the Bank on their outstanding established liability on Withholding Tax on Bank Interest for the years 2013 and 2014 in the sum of Thirty Million, Sixty Eight Thousand, Four Hundred and Seventy One Naira (30,068,471,22).


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