- Alpha-Beta Denies Tax Evasion Allegations
- …Describes Claims as Malicious
- Says Ex-Employee Behind False Tax Evasion Allegations
Management of Alpha-Beta Consulting LLP has dismissed recent online reports alleging tax evasion and improper tax practices by the firm, describing the claims as false, misleading and malicious.
Eko Hot Blog reports that in a statement issued by the company, Alpha-Beta said it was compelled to respond in order to correct what it described as deliberate misinformation aimed at damaging its reputation.
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The firm traced the origin of the allegations to a former employee who exited the company on January 7, 2025, following what it described as a documented history of misconduct, insubordination and breaches of internal standards.
According to the statement, the former staff member did not raise any allegations immediately after leaving the company, noting that the claims only surfaced months later, around the time he was reportedly invited to respond to unresolved criminal matters before the Lagos State Police Command.
Alpha-Beta also disclosed that it had become aware of anonymous emails circulated to staff by individuals identifying themselves as “Concerned Staff & Citizens,” which allegedly contained defamatory claims against the company’s leadership and employees.
The company said similarities in the timing, content and narrative of the emails and online publications suggested a coordinated campaign of misinformation and intimidation.
On the substance of the allegations, Alpha-Beta rejected claims of tax evasion, describing them as a misinterpretation of tax law.
The firm explained that tax evasion is a criminal offence involving deliberate concealment or non-remittance of taxes, while tax avoidance refers to lawful tax planning within the limits of the law.
Alpha-Beta stated that it does not engage in tax evasion and fully complies with Nigerian tax regulations, adding that it adopts lawful tax-planning practices in line with international standards.
The company said it had undergone routine tax audits by the Lagos State Internal Revenue Service for the 2018, 2019–2020, 2021 and 2022 assessment periods, all of which were resolved. It added that the 2023–2024 audit is ongoing, with full cooperation from the firm.
“For the avoidance of doubt, no regulatory or law enforcement authority has made any adverse finding or indictment against Alpha-Beta in relation to tax evasion,” the statement said.
Alpha-Beta further argued that the actions of the former employee did not meet the legal or ethical standards of whistleblowing, which it said require good faith, accuracy and lawful disclosure.
The company warned that further malicious publications could emerge and urged the public and media organisations to exercise caution, verify claims and uphold principles of fairness and balance before publication.
Alpha-Beta reiterated its commitment to transparency, regulatory compliance and ethical business practices, adding that it reserves the right to pursue legal action in response to what it described as defamatory publications.
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