The management of Alpha-Beta Consulting LLP has responded to recent reports by some online media outlets alleging tax evasion and irregular tax practices by the company.
In a statement issued and signed by the company’s management, the allegations were described as false and misleading. The company said its response to the report became necessary in order to set the record straight.
Alpha-Beta alleged that the claims originated from a former employee who left the organisation on January 7, 2025. It said the employee’s dismissal followed a documented history of misconduct, insubordination, and breaches of internal standards.
The company said the former employee did not raise any allegations for several months after leaving its employment, noting that the claims only surfaced later, at a time when he was invited to respond to outstanding criminal matters before the Lagos State Police Command — a development it said raises serious questions about the motive and timing of the accusations.
It added that Alpha-Beta is aware of a series of anonymous emails circulated to staff by individuals identifying themselves as “Concerned Staff & Citizens”, which it said contain false and criminally defamatory allegations against the company’s leadership and employees.
According to the statement, similarities in the timing, content and narrative of the emails and the online publications give Alpha-Beta reasonable grounds to believe they are part of a coordinated campaign of misinformation and intimidation.
Also, to its denial, the company said, “The allegation advanced is that Alpha-Beta engages in tax evasion. This assertion is false and stems from a fundamental misunderstanding of tax law.
“Tax evasion is a criminal offence involving deliberate concealment or non-remittance of taxes due. Tax avoidance, by contrast, is a lawful and globally recognised practice of tax planning within the framework of existing laws.
On the substance of the allegations, the company said it does not engage in tax evasion and fully complies with Nigerian tax laws, adding that it adopts lawful tax-planning practices in line with international best practice.
It noted that Alpha-Beta has undergone routine tax audits by the Lagos State Internal Revenue Service for the 2018, 2019–2020, 2021 and 2022 assessment periods, all of which were successfully concluded. The company added that the 2023–2024 audit is currently ongoing, with Alpha-Beta cooperating fully with the authorities.
“For the avoidance of doubt, no regulatory or law-enforcement authority has made any adverse finding, determination, or indictment against Alpha-Beta in relation to tax evasion.
“The staff’s conduct does not meet the legal or ethical threshold of whistleblowing, which requires good faith, accuracy, and lawful disclosure. What is at issue is bad-faith disclosure of confidential information, not whistleblowing.
The company warned that further misleading publications may follow and advised the public and media to disregard unverified claims and exercise responsible judgment. It urged media organisations to adhere to principles of fairness, balance, and verification before publishing allegations that could harm reputations.
Alpha-Beta reaffirmed its commitment to transparency, regulatory compliance, and ethical business conduct, and stated that it reserves all legal rights in relation to these false publications.
