The new Chairman of Nigeria's Federal Inland Revenue Service (FIRS), Ms Omoigiu, this week accused some bank chiefs of colluding with officials from the Central Bank (CBN) to steal billions of naira from public funds. According to her upwards of N1.028 billion in taxes have been collected by the banks on behalf of government but have not then been remitted into the nation's account. To date no prosecutions over this matter have been undertaken.