The Economic and Financial Crimes Commission(EfCC) has arrested a former Chairman of the Federal Inland Revenue Service, FIRS, Babatunde Fowler.
Fowler, a longtime ally of Bola Tinubu, National Chairman of the All Progressives Congress, APC, was arrested over an alleged N5bn fraud carried out while he headed FIRS.
The former FIRS boss is said to be undergoing interrogation at the anti-graft’s office in Lagos State.
According to Sahara Reporters, nine senior officials were detained by the EFCC over alleged multi-billion Naira fraud in 2019.
According to reports, President Muhammadu Buhari sacked Fowler in 2019 after he was issued a query for worsening tax revenues since 2015.
He was also accused of a lavish lifestyle, bankrolling extravagant parties and concerts in Lagos, poor corporate governance structures at the FIRS, poor audits at the FIRS, high handedness in office, diversion of funds, brazen corruption and awarding contracts to stooges and cronies.