Air Nigeria Suspended over Financial Distress, Charged to Court by FIRS over N 5 bn Back-taxes
The Nigeria Civil Aviation Authority (NCAA) yesterday suspended the operations of Air Nigeria over alleged financial distress of the company which it says could affect the safety of the carrier.
Air Nigeria spokesperson, Sam Ogbogoro confirmed the suspension of the airline in a statement released to the media.
He said, “The Nigerian Civil Aviation Authority has suspended our flight operations effective immediately over alleged indications that the airline is in financial distress.”
“We wish to apologise for all the inconvenience that this order by the NCAA will bring on our passengers and wish to assure that Air Nigeria will continue to liaise with the relevant agencies to ensure that the suspension order is lifted as soon as possible.”
Also on Wednesday the company was charged with tax evasion before an Abuja High Court for failure to remit N 4.87 billion in taxes to the Federal Government.
The company also stands accused in an 11-count charge of intentionally obtaining fake tax clearance certificates to boost its expatriate quota.
This allegations brought against Air Nigeria are in line with what the company’s former Director of Finance alleged when he called Air Nigeria “flying coffins”.
Nnorom had said in the allegations published on June 4th, ““In Air Nigeria, just to renew expatriate resident permit, Bar Jimoh Ibrahim will instruct a vendor to forge all the tax clearance papers which is filed with the immigration.”
Related Posts
2 Comments
Latest News
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness
FCMB Bank (UK) Limited, an independently incorporated subsidiary of First...
- Posted August 1, 2018
- 0
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank
On June 25, 2018 I woke up to yet another...
- Posted June 26, 2018
- 0
-
FCMB attains ISO Certification for Quality Management
Leading financial services provider, First City Monument Bank (FCMB), has...
- Posted May 16, 2018
- 0
-
Over 1,000 firms bid for 2017 railway projects
Over 1000 companies expressed interest in 17 categories of projects...
- Posted October 20, 2017
- 2
-
NAICOM moves to enforce compulsory insurance of public buildings
To drive the enforcement of the compulsory insurance of public...
- Posted October 20, 2017
- 11
-
Reps ask NPA to reverse termination of agreement with Intels
The House of Representatives yesterday waded into the ongoing controversy...
- Posted October 19, 2017
- 1
-
SEC suspends Oando shares from stock market
The Securities and Exchange Commission has ordered the Nigerian Stock...
- Posted October 19, 2017
- 1
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness
FCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
- 0
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank
On June 25, 2018 I woke up to yet...
- June 26, 2018
- 0
-
Azman Air commences flight operation in Sokoto
Azman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
- 424
-
NRC increases Lagos goods trains, eyes fuel haulage
The Nigerian Railway Corporation says it has increased its...
- June 23, 2016
- 100
Nigeria News
- Yuletide: Visually impaired persons appeal for support in Taraba
- Niger: Gov Bago urges Christians to postpone pilgrimage to Isreal
- Gwamnatin tarayya ta ja kunnen yan adawa a kan siyasantar da mutuwa a turereniya
- Gov Abiodun commiserates with Makinde, Soludo, Wike over stampede victims
- EPL: Salah overtakes Haaland in race for Golden Boot [Top 6]
Randyrichardson11
June 26, 2012 at 9:10 am
They should settle this kind of problem immediately because this is very inconvenient to all the passengers in the country. Not only the people in Nigeria but also the tourists and other workers within the area.
Randyrichardson11
June 26, 2012 at 9:10 am
They should settle this kind of problem immediately because this is very inconvenient to all the passengers in the country. Not only the people in Nigeria but also the tourists and other workers within the area.