:: Cover Story... Thursday, March 2, 2017.

Sam Egwu’s Gracecourt Hotel & Suites Shut Down Over N5m Tax Debt
The Federal Inland Revenue Service (FIRS) has sealed off Gracecourt Hotel & Suites, belonging to Sam Egwu, former governor of Ebonyi state.

The revenue-collecting agency shut the facility over a tax debt of about N5 million.

One of the sons of Egwu, who is currently the senator representing Ebonyi north senatorial district, was said to have attempted to prevent the enforcement team of FIRS from sealing the hotel.

According to a statement issued by the agency, Titus Lamorde, the state commissioner of police, had to intervene before the agency could carry out its duty.

FIRS said it had earlier served the management of the hotel located at 14, NNA Street, Abakaliki, the state capital, with warrant of destraint.

The FIRS team also shut the Sacramental Resources Ltd, a company at Water Works road, Abakaliki, for an outstanding 2016 tax debt of N454,000.

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