Thursday, 25th April 2024
To guardian.ng
Search

British American Tobacco flays Senate committee order to arrest CEO

By Olaoluwa Ogungbe
15 August 2017   |   4:14 am
The British American Tobacco Nigeria (BATN) has condemned the Senate committee order to arrest its Chief Executive Officer (CEO).

The British American Tobacco Nigeria (BATN) has condemned the Senate committee order to arrest its Chief Executive Officer (CEO).

The firm’s condemnation is in response to the letter received inviting officials of the organisation to appear before the Senate committee in relation to its alleged involvement in the N30 trillion revenue lost within the import and export value chain.

The Legal and External Affairs Director of BATN, Freddy Messanvi, said: “We are a responsible company, and has since been officially communicating with the Senate committee in order to comply with their invitation and regulation to ensure a resolution of this issue through extensive engagements and reconciliation exercises.

“Over the years, British American Tobacco Nigeria has always maintained a healthy relationship with government agencies, including Customs. In 2016, Nigerian Customs Service commended the British American Tobacco Nigeria for its contributions to Nigeria’s treasury. We also have a history of ensuring 100 per cent Custom duty payments are disbursed on time and in full to secure an incessant flow of required materials. We also ensure we abide by Central Bank of Nigeria and Customs guidelines in relation to import and export processes as required and demanded by the law.

“We also intend to work with the government within the confines of applicable laws to create an environment where businesses will thrive and harness amicable working relationships through constructive discussions and engagements to ensure Nigeria remains attractive for foreign direct investments in the long-run.”

0 Comments