revenue leakage

Reps investigate $30bn alleged revenue leakage

Reps investigate $30bn alleged revenue leakage

The House of Representatives has commenced investigative hearing into alleged 30 billion dollars annual revenue leakages arising from payments on account of foreign currency-denominated contracts by companies. Rep. James Faleke, Chairman, House Committee on Finance and Rep. Victor Nwokolo, Chairman, House Committee on Banking and Currency led members to commence the investigation on Monday in […]