AGF Wants EFCC to Probe Kashamu’s Firm

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AGF Wants EFCC to Probe Kashamu’s Firm

By Correspondent

The Economic and Financial Crimes Commission (EFCC), has been directed by the Attorney-General of the Federation (AGF), Abubakar Malami, to commence investigation into the alleged role of a firm belonging to Senator Buruji Kashamu, Kasmal International Services Limited, in the alleged controversial consultancy agreement over the collection of stamp duties. The AGF, in a statement by his Special Adviser on Media and Publicity, Salihu Isah, requested the anti-graft agency in a March 4, 2016 letter, to investigate the case and turn in its report within three weeks. It is recalled that Kasmal International Services Limited was said to have entered the consultancy agreement with the Nigerian Postal Service as it touches on collection of stamp duties from banks and other financial institutions. It was the contention of the AGF that the alleged agreement resulted in the firm waiving all commercial banks and financial institutions remittances from 2004 till January 1, 2016, which NIPOST was entitled to collect under Section 89 of the Stamp Duties Act. The firm was further stated to have, within the period, granted a waiver to all banks and financial institutions from remitting the N20 penalty on every unpaid remittance of N50 as prescribed by the Stamp Duties Act. In a letter on his behalf signed by the Director of Public Prosecution, Mohammed Diri, the AGF insisted that the Acting Postmaster General/Chief Executive Officer of the Nigerian Postal Service, Enoch Ade Ogun, confessed that there was no Memorandum of Understanding between NIPOST and the firm stating any terms of engagement. The AGF said without any formal contract between Kashamu’s company and NIPOST, the firm went ahead to grant a waiver to all commercial banks and financial institutions from making the stamp duty remittances. But lawyer to Kashamu’s firm, Ajibola Oluyede described the move by the AGF as illegal, stating further that same is a clear criminal contempt of the Federal High Court which had on February 24, 2016, in suit No. FHC/ABJ/CS/100/2016 made an order restraining the AGF and the EFCC “from interfering in a purely contractual relationship between KASMAL and NIPOST. 

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