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Air Peace Denies Tax Evasion Claims by Lagos Government

Air Peace Denies Tax Evasion Claims by Lagos Government

Air Peace, Nigeria's largest airline, has publicly refuted allegations of tax evasion made by the Lagos State Government. The claims involve a tax bill of N94 million, with legal proceedings initiated against the airline's chairman and CEO, Allen Onyema, and vice chairman, Alic Onyema.

Air Peace expressed shock at the unsubstantiated claims and clarified that neither the company nor its principal officers have received any official court summons regarding the alleged suit. The airline stated that it has fully met its corporate tax obligations and remains compliant with existing laws.

Air Peace is open to engaging with the Lagos State Government to review and reconcile any discrepancies. The airline highlighted its commitment to regulatory compliance and transparency, emphasizing its contributions to Nigeria's aviation industry despite economic challenges.

The situation has raised concerns within the organization, particularly following Onyema's public criticism of federal tax reforms.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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