Dino Melaye Faces Court Over Alleged ₦509.6m Tax Evasion
A former senator representing Kogi West Senatorial District, Dino Melaye, has been dragged before a Federal Capital Territory (FCT) Magistrate Court over alleged evasion of ₦509.6 million in personal income taxes for 2023 and 2024. According to filings, the FCT Internal Revenue Service (FCT-IRS) accused Mr. Melaye of failing to pay his assessed Personal Income Tax of ₦234.9 million (2023) and ₦274.7 million (2024), totaling ₦509,608,000.00. Past Underpayments In addition to the recent assessments, FCT-IRS said Mr. Melaye underpaid his taxes in 2020, 2021, and 2022. In 2019, while still in the Senate, he declared ₦1,258,334 in income but paid only ₦85,000.08 in tax. In 2020, he declared ₦1,383,334 but remitted just ₦100,000.08. In 2021, he declared ₦1,550,000 but paid ₦120,000. In 2022, despite declaring ₦6,541,666.67, he paid only ₦1,000,000. Summons and Legal Action A criminal summons dated 21 August […]