News
Andrew and Tristan Tate Lose Over £2 Million in Seized Funds Amid Tax Evasion Allegations
Westminster Magistrates Court has ruled against Andrew Tate and his brother Tristan, leading to the seizure of over £2 million from their accounts due to unpaid taxes linked to their online businesses.
The funds, held in seven frozen bank accounts, were traced to the Tates and a woman identified as J. Authorities allege the brothers funneled substantial sums, including cryptocurrency, through accounts in J’s name, despite her lack of involvement in their ventures.
Chief Magistrate Paul Goldspring described the scheme as a “straightforward cheat of the revenue,” uncovering years of alleged tax evasion and money laundering. Devon and Cornwall Police revealed the brothers accrued millions between 2014 and 2022 without paying taxes or VAT.
Andrew Tate, however, criticized the ruling, claiming it is part of a “coordinated attack” to silence dissent. “This is not justice; it’s theft disguised as legal action,” Tate said in a statement.
The brothers are also facing separate criminal charges in Romania, including allegations of human trafficking and rape, and are set to be extradited to the UK.
Nigerian businessman Isaac Fayose has spoken about what he considers one of the country’s biggest problems, stating that many Nigerians are worried about government taxation, insecurity, and the increasing rate of kidnappings for ransom.
He lamented the situation and criticized the government, arguing that these issues have become deeply rooted and that there appears to be no lasting solution in sight.
According to him “In Nigeria we have two governments. One is collecting tax, the other one is collecting ransom. Both of them have one thing in common which is to make life difficult for their people.
The one that is collecting tax without doing anything will come and share you rice and semolina. The one that is collecting ransom is doing giveaway on social media.”
It was reported that bandits were seen in Kwara State and abducted six residents from Rukpete Village.
The incident was reported to have occurred on June 8 at about 11 p.m.
Sources revealed that seven people were initially taken, but an elderly man was later released, leaving six victims in captivity.
The rising cases of insecurity in the country remain quite alarming.
The state of the country is affecting many people, as they believe nowhere is safe, including schools where they keep their children.
It has been reported that some parents have started withdrawing their children from schools in Abuja.
It can be noted that rumours of bandits being sighted near a school triggered panic, causing parents to hurriedly remove their children for safety.
While the reports of bandits have not been confirmed, the school has also issued safety measures to ensure the protection of students within the premises.
Isaac Fayose Criticizes Government Over Taxation and Insecurity
Blessing CEO Faces Legal Battle Over Alleged Cancer Fundraising Scheme
Manchester United Confirm List of Players Set to Leave This Summer
-
Entertainment21 hours agoVeekee James Celebrates 31st Birthday With Heartfelt Motherhood Message
-
News21 hours agoConcern Grows Over Rising Insecurity Following Kwara Abduction Case
-
Entertainment21 hours agoTioruju Mondusi Opens Up on Most Painful Experience of His Life
-
Entertainment21 hours agoBovi Explains Why He Doesn’t See Every Divorce as a Failure
-
Sport21 hours agoLiverpool Confirm List of Players Set to Leave Club This Summer
-
Sport2 hours agoManchester United Confirm List of Players Set to Leave This Summer
-
Entertainment2 hours agoBlessing CEO Faces Legal Battle Over Alleged Cancer Fundraising Scheme
-
News23 minutes agoIsaac Fayose Criticizes Government Over Taxation and Insecurity