Economy

KW-IRS debunks attack, says it saved taxpayers a humongous N3.9billion

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The Management of Kwara State Internal Revenue Service (KW-IRS), has debunked several attack to indict the management and conspiracies to sully its image through propaganda and false equivalence adding that it saved taxpayers N3.9billion.

The rejoinder was contained in a statement by the Head, Corporate Affairs, KW-IRS, Titilayomi Ogunwale, where the management appalled the weight of the bile and determination of some people to rubbish the service for selfish gains.

The statement reads: “The Service is aware of the vast network of conspiracies to sully its image through propaganda and false equivalence as political campaigns begin. However, we shall remain true to our commitments to raise the bar in our service to the people of Kwara State without compromising the law or our ethics. We will not succumb to lies and blackmail of any kind.

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“While the Service still lawfully engages consultancy firms like all revenue agencies in the world, the management is proud to have ended the era of bogus and often-opaque consultancy fees of the past. Within the past three years alone, the KW-IRS has saved taxpayers a humongous N3.9billion (Three Billion, Nine Hundred Million Naira Only) in what could have gone to consultancies of all kinds if the former platforms had been retained.

“A report in an online medium purporting some imaginary mismanagement of any funds is an exercise in futility. Unlike in the previous regime, KW-IRS is today subject to strict fiscal discipline and monitoring at higher levels. It does not control its spending nor does it handle any funds anymore. This is an improvement in prudence, transparency and accountability.

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“The savings from what was paid as consultancy before are now ploughed back to the public treasury for investment and development projects. It is this transparency and patriotic act of the present Management that are being twisted by the detractors who are not used to such culture.

“The Executive Chairman and Management Team of KW-IRS have made corporate governance and due diligence their watchwords, and will continue to enforce the doctrine to the letter in public interest. This possibly explains the relentless attacks on the government and KW-IRS. We are not deterred.

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The service enjoined the members of the public to ignore falsehoods and join hands to build a more prosperous Kwara.

“Members of the public are by this statement enjoined to ignore the falsehoods, join hands to build a more prosperous Kwara, and continue to play their lawful part of tax payment as and when due to support the developmental agenda of the government.

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