{"id":10129,"date":"2022-08-26T16:32:31","date_gmt":"2022-08-26T16:32:31","guid":{"rendered":"https:\/\/theblogonline.com\/?p=10129"},"modified":"2022-09-23T21:48:27","modified_gmt":"2022-09-23T21:48:27","slug":"gtbank-suspended-from-duty-collection-at-seaports-over-non-remitances-to-cbn","status":"publish","type":"post","link":"https:\/\/theblogonline.com\/?p=10129","title":{"rendered":"GTBank Suspended From Import Duty Collection At Ports Over Alleged Corruption"},"content":{"rendered":"<p class=\"p1\">The<a href=\"https:\/\/customs.gov.ng\/\" rel=\"nofollow noopener\" target=\"_blank\"> Nigeria Customs Service<\/a> has suspended <a href=\"https:\/\/www.gtbank.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Guarantee Trust Bank<\/a> Limited from collection of duties on imported cargoes at Nigerian ports following an order from the <a href=\"https:\/\/nass.gov.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">National Assembly<\/a>.<\/p>\n<p class=\"p1\"><span class=\"s1\">The development has led to tons of cargoes being trapped at the port since Monday because freight forwarders could not complete the process of clearing their goods from the port.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Confirming development, National Public Relations Officer of <a href=\"https:\/\/customs.gov.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">Nigeria Customs Service<\/a>, Deputy Comptroller Mr. Timi Bomodi said the bank was on temporary suspension on orders of the <a href=\"https:\/\/nass.gov.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">National Assembly<\/a>.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Demurrages have started accruing on some cargoes that have already made payments through the<a href=\"https:\/\/www.gtbank.com\/\" rel=\"nofollow noopener\" target=\"_blank\"> GTB Bank.<\/a><\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Reacting to the development, the President of the National Council of Managing Directors of Licensed Customs Agencts, NCMDLCA, Mr. Lucky Amiwero disclosed that it is only the <a href=\"https:\/\/www.cbn.gov.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">Central Bank of Nigeria<\/a>, CBN, and the Nigerian Customs Service through the Ministry of Finance that suspended an import duty collecting Bank.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Amiwero also said that the National Assembly by virtue of its oversight function can also suspend a Bank if the Bank is found to be involved in any form of corrupt or sharp practice.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cThe people who are supposed to suspend them is the <a href=\"https:\/\/www.cbn.gov.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">Central Bank of Nigeria<\/a> going by the law but because of the oversight of the National Assembly, they have a right to do that if the Bank is found to be involved in any corrupt practice\u201d Amiwero disclosed.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Similarly, Taskforce Chairman of <a href=\"https:\/\/www.anlca.com.ng\/\" rel=\"nofollow noopener\" target=\"_blank\">Association of Nigerian Licensed Customs Agents<\/a>, ANLCA, Tin Can Port Chapter, Alhaji Rilwan Amuni lamented that there was no official notice or circular from customs to warn the agents from making payments through the suspended bank.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Amuni said: \u201cThere are cargoes we have paid duty on, using <a href=\"https:\/\/www.gtbank.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Gtbank<\/a>, some people have paid money, while some have captured the cargo for payment.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cIt is unfortunate that when we are about processing our documents after payment, the customs did not attend to the jobs we have paid for, they said that <a href=\"https:\/\/www.gtbank.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Gtbank<\/a> has been suspended from their portal.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cSince last week Friday, most of our jobs have been trapped at the port until now, and this is happening at all ports generally.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cI want to believe that the remittances to the Federal Government have not been paid for some time and this could be the reason.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cOrdinarily, customs should have cleared the cargoes we have paid for, but they have refused.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201cThe effect is that we are going to be paying huge demurrages, the customs are supposed to inform the shipping companies, in order to help us from paying these demurrages but they would not do that, there is lack of communication among all the players at the port\u201d<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Culled from Sweet Crude Reports <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria Customs Service suspended Guarantee Trust Bank Limited from collection of duties on imported cargoes at Nigerian ports following an from national assembly.<\/p>\n","protected":false},"author":1,"featured_media":10130,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2456],"tags":[131,75,287,5734],"class_list":["post-10129","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-cbn","tag-efcc","tag-gtbank","tag-seaports"],"_links":{"self":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10129"}],"collection":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10129"}],"version-history":[{"count":5,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10129\/revisions"}],"predecessor-version":[{"id":10524,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/posts\/10129\/revisions\/10524"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=\/wp\/v2\/media\/10130"}],"wp:attachment":[{"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theblogonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}