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Tax: EFCC recovers N27.7b from six banks

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The Economic and Financial Crimes Commission (EFCC) has recovered over N27.7billion from six banks being unremitted withholding tax on dividends.

Also, about seven more banks were said to be on the radar of the anti-graft agency for similar infractions.

According to a fact-sheet obtained by The Nation correspondent, the EFCC is expecting recovery of more withholding tax.

None of the banks could be reached for comments last night.

The Nation, December 29, 2017

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