FIRS reacts to allegations by Frank Timi, over N40bil campaign funds given to VP Osinbajo. 1

FIRS reacts to allegations by Frank Timi, over N40bil campaign funds given to VP Osinbajo.

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The Federal Inland Revenue Services, FIRS, has reacted to claims by former spokesperson of the All Progressives Congress, APC, Timi Frank, that it supported the party’s political campaign with the sum of N40bn.

The FIRS had said that Frank accused it of supporting APC campaigns with the sum of N40bn and N90bn at different periods through Vice President, Yemi Osinbajo.

The nations revenue service, however, described Frank’s allegation as “wicked, malicious and a calculated attempt” to smear its image and that of the Vice President.

In a statement signed by Head, Communications and Servicom Department, Wahab Gbadamosi, FIRS insisted that Frank’s allegation was a campaign of “calumny, vilifying, libellous, unfounded in fact, irresponsible and a brazen assault on the integrity of the Service.”

The statement reads: “First it was N90B, but now N40B. Which is which? It took a disgruntled politician to convey the fake news of N90B, now it is the services of an unquestioning PR newswire that is passing on the unsupported, baseless N40B bogus allegation. Whichever way whoever is behind this, a lie is a lie’’.

The FIRS in defence of itself said the last four years since Mr. Tunde Fowler has supervised operations at the FIRS, the agency had not received up to N100 billion, per annum, as Cost of Collection from the Federation Accounts Allocation Committee, FAAC. FAAC is a public institution, whose records are open to the public.