The Osun State Government has sealed the premises of a mining company, Segilola Resources Operating Limited, over tax infractions.

The government said it was acting on the order of an Osogbo Chief Magistrates Court.

The government had accused the company of failure to disclose fully the employees directly and indirectly involved in its business activities, adding that it also obstructed tax processes by failing to provide timely tax information and documents.

State Commissioner for Information and Public Enlightenment, Mr Kolapo Alimi, shed more light on the issue in a statement on Monday. The statement said: “Segilola Resources Operating Limited is one of the major companies carrying out mining activities and mineral exploration in the state as a subsidiary of Thors Explorations Limited listed on London and Toronto Stock Exchanges.

“After a series of demands, meetings, consultations, and engagements, the company remained adamant and remorseless in its tax evasion and other violations.

“The Attorney-General of Osun State approached the court and consequently obtained an order of the court to seal the company until the due sum calculated from 2019 to 2023 is fully liquidated into the Osun State Government account.”

 

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