Nollywood Actress, Monalisa Chinda Faces Trial Over Tax Evasion
The trial of Nollywood actress, Monalisa Chinda-Coker has been scheduled to resume on October 10, A Lagos High Court in Igbosere said on Thursday.
The actress is being accused of tax evasion and such faces a two-count charge bordering on failure to file annual tax returns and pay income tax in respect of her company, Monalisa Code Productions, for six years.
According to the charge, marked LD/5712c/2017, Monalisa Code Productions carries on its business from Lekki in Lagos.
Count one reads in part: “Failure to furnish and file annual tax returns for the purpose of personal income taxation with the Lagos State Internal Revenue Service (LIRS) contrary to Section 94(1) of the Personal Income Tax Act 2004 (as amended).”
The particulars of the count stated that Coker “of Monalisa Code Productions, being a taxable person in Nigeria and carrying on business at… Lekki… failed to furnish and file tax returns on your personal income for the years 2011 to 2016.”
Count two reads: “Failure to pay income tax contrary to Section 56 of the Lagos State Revenue Administration Law of 2006.”
At the last hearing of the matter on April 1, Justice Adedayo Akintoye renewed a bench warrant for Chinda-Coker’s arrest, following an application by the Lagos State Ministry of Justice.
The state alleged that Chinda-Coker repeatedly failed to honour a summons ordering her to appear in court for trial since the case began in 2017.
On March 5, the actress, in a statement through her lawyers, Emeka Odikpo & Associates, refuted allegations of tax evasion, adding that all businesses from which she earns income are based in Port-Harcourt, Rivers State.
The trial should have resumed on Wednesday, June 5, but proceedings were stalled due to the Eid-Il-Fitr holiday.