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Home Companies Company News

See The Three Banks Blacklisted By Customs From Collecting Duties

Editor by Editor
July 30, 2015
in Company News, Politics
See The Three Banks Blacklisted By Customs From Collecting Duties
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  • Three commercial banks, namely GT Bank Plc, Fidelity Bank Plc and Diamond Bank Plc, have been suspended by the Nigeria Customs Service (NCS) from collecting customs duties after their non-compliance with the partnership agreement with the agency on the matter.
  • The NCS Public Relations Officer, Wale Adeniyi, who made this known while speaking with newsmen in Abuja on Monday, said the suspension became effective immediately.
  • The Customs PRO called on relevant stakeholders to take note of the new development.

“The three banks were suspended because they did not discharge their full obligation as partners in the Customs revenue collection scheme. “Unfortunately, they failed to discharge their responsibilities in accordance with the terms of the agreement they signed with Nigeria Customs Service.

“We might not be able to provide you with the details now but we believe that, in the course of our investigations, we will be able to provide more details.

“However, we will continue to work with the banks and relevant stakeholders to ensure speedy resolution of the contending issues and possibly reinstate the affected banks,” Adeniyi said.

Source: The Herald

Tags: Financial ServicesNews Review
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