The House of Representatives has adopted a report which recommended that 16 commercial banks be penalised and made to pay accruing interests for not remitting N1.6 billion stamp duties into federation account. The report was presented at the Committee of the Whole by Rep. Abubakar Ahmad (APC- Adamawa) on Thursday in Abuja. But for First … Continue reading N1.6bn stamp duty: House of Reps wants sanctions against 16 indicted banks; sends report to presidency