👤 Adenike Lucas and Danjuma Aliyu, DENISAURUS News
Babatunde Fowler, the former chairman of the Federal Inland Revenue Service, FIRS, was interrogated for hours, over a N100 billion tax evasion allegations., this paper has learned.
The allegation of tax evasion against Alpha Beta, a company owned by a chieftain of the ruling All Progressives Congress in Lagos, was first published by DENISAURUS News, in 2018.
At the time, Dapo Apara, who made the accusation told the paper that Alpha Beta has been collecting Internally Generated Revenue, IGR for Lagos State since 2002.
READ ALSO: How @AsiwajuTinubu And Protégé Bankrupted Lagos And Nigeria Since 2002 With Money Laundering (Exclusive)
He said the company has generated “about N1.5 trillion (yes trillion) excluding FAAC loans and has made N150 billion in fees.”
Despite Mr Apara’s petition to the Economic and Financial Crimes Commission, EFCC, there was no attempt to investigate the matter.
Sources at the anti-graft commission revealed then that the secretary Ola Olukoyede, was preventing operatives from investigating the case.
They claimed that Ola Olukoyede, an associate of the Vice President Yemi Osinbajo, had reasons to stop the case from being investigated.
Mr Fowler, whose tenure was not renewed by President Muhammadu Buhari, is also an associate of Professor Osinbajo.
The reason was to “help cover up the link between the VP and Alpha Beta- which is owned by a benefactor of the VP.”
Insiders say they informed Professor Osinbajo, a Pastor and Senior Advocate of Nigeria, that Mr Magu was corrupt, but the VP, still went ahead to fight tooth and nail in order to try to impose the now sacked anti-graft boss.
Professor Osinbajo, was said to have convinced President Buhari, at many attempt not to get rid of Mr Magu, arguing that the Borno-born Commissioner of Police had become the face of anti-corruption.
Even though an indicting DSS report stated otherwise. The report which DENISAURUS News published a month before Mr Magu’s screening, asserted another report which made it clear that the police officer had failed an integrity test.
The VP allowed Mr Magu skip a mandatory course at the National Institute for Policy and Strategic Studies, NIPSS – Kuru, Jos, so as to continue to have a firm grip at the commission.
But, still, Mr Magu went on to betray Professor Osinbajo.
READ ALSO: DG DSS Stands By Intelligence Report Indicting Magu, Source Says (Exclusive)
Information at the disposal of our reporters in November last year, revealed that exposé about the shot-fall in revenue generation by Mr Fowler to the tune of N90 Billion, as investigated by anti-graft boss was dicey.
Mr Magu had played a fast one on Prof Osinbajo, by way of giving the VP a report which exonerated the Revenue Boss on the one hand.
But, he forwarded a very indicting report against Mr Fowler, to the cabals in order to create acrimony and favour his stay-put at the EFCC.
In July 2020, Mr Magu, 58, was accosted and arrested by security operatives, after failing to account for billions of naira and assets.
At the time of his arrest, Adenike Lucas, the editor of DENISAURUS News said she had been “vindicated.”
In 2016, Miss Lucas was reliably informed by whistle-blowers that Mr Magu was not declaring all assets recovered, and she wrote a news story about it, which was published by Abusidiq.
The publisher of the news story was subsequently arrested on the orders of Mr Magu.