The Chairman, Lagos Board of Internal Revenue and Chief Executive, Lagos Internal Revenue Service (LIRS), Mr. Olufolarin Ogunsanwo has been relieved of his duties after 11 months in charge over N4.2 billion fraud.
His departure was communicated via an internal memo signed by the Secretary of the Board, J. Aina, dated August 26th confirming his exit as “retirement”.
According to the memo, Ogunsanwo was to proceed on retirement on August 25 and hand over to the Director, Tax Audit, Mrs Akintola Bolaji.
According to reports, the ex-revenue agency boss has been scheduled for sack since July after he was indicted in the N4.2 billion fraud belonging to LIRS.
He was said to have faced some questioning from Governor Akinwunmi Ambode, who told him to embark on a compulsory leave because he could not accounted for the stolen funds.
However, Ogunsanwo was said to have returned the sum of N1.2 billion during investigations.
Ogunsanwo who succeeded Mr. Tunde Fowler, the new Chairman, Federal Inland Revenue Service (FIRS) was said to immediately sack many top staffs hired by Fowler shortly after resuming office.