Federal Inland Revenue Service (FIRS) former chairman, Babatunde Fowler is in hot soup.
He is being grilled by the Economic and Financial Crimes Commission (EFCC) over alleged fraud involving Alpha Beta Consulting.
Alpha Beta consults for the Lagos state government on internally-generated revenue (IGR) in return for commission and has been embroiled in allegations of fraud and tax evasion. Oladapo Apara, former managing director of the firm, made some of these allegations.
In a recent suit filed at the Lagos high court, Apara alleged that the company has been diverting billions of naira from the coffers of the Lagos state government since 2002.
He also alleged money laundering, tax evasion, forgery and a number of corporate fraudulent practices against the company and its owners.
In 2018, the former employee also alleged that the company had so far generated N1.5 trillion for the Lagos government, out of which the firm earned 10 percent as commission but it failed to pay taxes.