Audio By Carbonatix
The Nigerian government has frozen the accounts of Africa’s largest entertainment group, Multichoice, citing tax fraud and a lack of transparency about the number of its subscribers and income.
The country’s tax office wants to recover up to $4.4bn (£3.2bn).
It says even though 34% of the group's total revenue comes from Nigeria, Multichoice, which is based in South Africa, has refused to grant it access to its servers to allow officials to carry out an audit, according to head of the Federal Inland Revenue Service (Firs), Muhammed Nami.
In response, Multichoice said that while it had "not received any notification from Firs, [the company] respects and is comfortable that it complies with the tax laws of Nigeria".
"We have been and are currently in discussion with Firs regarding their concerns and believe that we will be able to resolve the matter amicably."
Firs has directed banks in the country to help it recover the money it believes the company owes the government.
Multichoice owns satellite company DStv and cable company GoTV, making it the most popular television service provider in Nigeria.
It is not the first time a South African company with a large operation in Nigeria has run into hot water here.
In 2015, the Nigerian subsidiary of South African telecommunications giant MTN was fined $5.2bn by the government for failure to disconnect 5.2 million unregistered SIM cards. A reduction was later negotiated to $3.4bn.
Latest Stories
-
Are we marketing Ghana before fixing the experience? A hard question for our tourism ambition
2 minutes -
AFCON 2027Q: Prince Adu Kwabena major doubt for Ghana after head injury
3 minutes -
Government to procure furniture to help more SHSs move from double-track — Haruna Iddrisu
10 minutes -
Adutwum spokesperson alleges ‘turf war’ between Education Ministry and GES over Free SHS
12 minutes -
Black Stars: Adu Kwabena a doubt for September-October games after head injury
24 minutes -
Fire guts four-bedroom apartment at Millennium City
26 minutes -
KMA seeks funding to restart stalled Kumasi Central Market Phase II project
46 minutes -
Government unveils new guidelines to improve regulation of non-profit organisations
51 minutes -
Annoh-Dompreh cautions against partisan application of law in political speech cases
58 minutes -
Oti Peace Council sensitises Assembly Members in Jasikan, Kadjebi on conflict prevention
1 hour -
Nawara petitions Ghana Police over alleged armed raid, gold seizure and destruction of mining equipment
1 hour -
Ahafo Ano South West DCE Abubakar Sedik dies after brief illness
1 hour -
Ghana must draw lessons from Nkrumah’s Seven-Year Development Plan — Kwesi Pratt
1 hour -
Oil hits over 1-week low on hopes of boost to diplomacy in Iran war
3 hours -
They take GH¢100, sometimes GH¢200 – Okada riders allege police extortion in Accra
3 hours