eTranzact dismisses House Commitee’s claims on non-remittance

Africa’s premiere payment solution provider has dismissed claims by the House Committee on Customs and Excise duties over the failure of its Managing Director to appear before the house of representatives.

Leke Abejide, Chairman of the committee had earlier accused the payment processor of an alleged non-remittance of customs duties to the federal government but the organization in a press statement made available to Nigerian NewsDirect, swiftly clarified that “it did not, at any time, collect excise duties on behalf Nigerian Customs Service (NSC), as alluded by the Chairman of the House Investigating Committee,” and that, “there was no way our organization would have colluded with some banks to cheat the Nigeria Customs Service as reported in the Cable News publication.”

“We will also like to categorically state that we did not receive any invitation from the House Committee to appear before it with respect to the claim.

“As one of Africa’s super fintech and leading providers of payment and banking service, we work within the framework of Nigerian Payment Systems as regulated by the Central Bank of Nigeria (CBN). We are committed to the economic development of Nigeria and in partnership with state governments and MDAs in the collection of IGR and other formal and informal taxes,” the statement read.