We’ll prosecute Nigerians evading tax on foreign properties

Abubakar Malami, the attorney-general of the federation (AGF) has announced that the federal government will henceforth prosecute anyone found guilty of evading payment of tax on foreign properties.    Malami who advised defaulters to take advantage of the voluntary offshore assets regularisation scheme (VOARS) to declare and regularise their assets, added that any bank or intermediary that is found to have helped any citizen conceal foreign properties will pay a fine equivalent to the cost of the property.   The statement reads;   

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