House of Representatives to arrest the likes of Glo, Airtel, companies over tax evasion

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The House of Representatives has threatened to issue arrest warrants to almost fifteen companies and agencies over non-remittances into the nation’s federation account.

Lawmakers say the companies which include telecoms giants MTN, GLO and Airtel, have refused to appear before the House Committee of Finance in the course of investigating agencies which have defaulted in payments to the federation account.  

Some Lawmakers described the act as economic sabotage and gave the companies that have refused their summons, a last opportunity to redeem themselves else face the short end of the stick.