Arik Air Indicted For Tax Evasion
The chairman and managers of Arik Air have been indicted for tax evasion by the EFCC. According to the report of the commission:
Investigation revealed that Arik Air Limited is an habitual tax evader. Their evasion history dates back to the period of commencement. Their account books are understated. The chairman does not consider tax as part of the company’s obligation. They collect tax on behalf of government and invest it in their business.
The EFCC recommends legal prosecution against the airline and will also probe the sources of the firm’s funding.