Sen Buruji Kashamu Sues Banks On Stamp Duty Collection - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Sen Buruji Kashamu Sues Banks On Stamp Duty Collection (1084 Views)
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| Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by suyamasta(m): 8:50am On Mar 17, 2016 |
Breaking News! More Facts Emerge on Stamp Duty Levies! According to Channels Television, 1. Senator Buruji Kashamu is the Chairman, Chief Executive of KASMAL International Services, the company that President Jonathan approved as Collecting Agents for Stamp Duty on behalf of NIPOST! 2. Apparently, all the banks refused to collect Stamp Duty on electronic transfers as the Stamp Duty Act stipulated only receipts with stamps affixed. So Sen Buruji Kashamu sues all the banks to remit Stamp Duty Collection to NIPOST through his company. 3. The Lower Court found in favour of KASMAL International Services and ordered all Commercial Banks to collect Stamp Duty of N50 on all deposits of N1000 and above, including electronic transfers and remit such funds to NIPOST via Senator Kashamu's Company 4. The 22 banks appealed the judgement and hearing is now fixed for April 7 by the Court of Appeal. 5. Curiously, it is this same Court judgement that CBN claims to be effecting! So why was CBN suddenly insistent on enforcing Stamp Duty Charges when it is already in appeal? Shouldn't all parties maintain status quo? My legal friends, please explain this to me. 6. Bottomline is, it appears PDP racketeering is still very alive in this our "Change" government or how do you explain the sudden decision of CBN Governor Emefiele to enforce a judgement that is already in appeal? 7. So Nigerian Consumers are all working for Senator Kashamu? He gets to make a commission on every N50 Stamp Duty we are charged? For doing absolutely NOTHING  ?What does NIPOST need a "Collecting Agent" for when the banks already collect the disputed stamp duty on its behalf? Source: www.channelstv.com/2016/03/15/appeal-court-fixes-april-7-to-hear-banks-appeal-on-stamp-duty-remittance/#.VuiZboTlM0I.facebook Sola solako 1 Like |
| Re: Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by zico530(m): 8:53am On Mar 17, 2016 |
Baruje of all people 1 Like |
| Re: Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by suyamasta(m): 7:23am On Mar 18, 2016 |
zico530:As in ehnnn |
| Re: Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by jay2pee(m): 7:41am On Mar 18, 2016 |
Good |
| Re: Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by otokx(m): 8:07am On Mar 18, 2016 |
Is this story true? |
| Re: Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by 989900: 8:23am On Mar 18, 2016 |
Prison dey hungry am. |
| Re: Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by NextGovernor(m): 8:45am On Mar 18, 2016 |
Na so prison dey hungry this man? He should jejely enjoy his drug money and forget this case ooo b4 them go use DSS grab am. |
| Re: Sen Buruji Kashamu Sues Banks On Stamp Duty Collection by suyamasta(m): 10:19am On Mar 19, 2016 |
otokx:the link is from Channelstv, they dont give false news |
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