A US based Ghanaian journalist Mr Kevin Taylor has unearthed one of the biggest scandals in Ghana. This is under the National Petroleum Authority (NPA).
During his ‘With All Due Respect’ show on Thursday, the owner of Loudsilence TV alleged that, the Ghana Revenue Authority (GRA) was aiding the NPA to rob the nation of millions of cedis in the area of tax evasion.
According to the journalist who has been credited for exposing all the top scandals in Ghana, there were unlicensed oil marketing companies (OMC) in Ghana which do not pay taxes yet they lift millions of litres of fuel from NPA. Kelvin Tailor mentioned up to five OMCs which lifted up to 70 million litres of oil from NPA in October 2021 that either do not exist or have one or two branches. He said because those companies do not pay taxes to the Government, they are able to sell their fuel at very cheaper prices thereby destroying the market for the genuine ones.
According to Kelvin, the scandal was happening at the time Alhaji Mustapha Hamid is the Chief Executive Officer for the state oil distributor. He said in added to this there were some OMCs which had no bank or insurance guarantees as required by law yet they lift fuel. He said some of these companies are closed to jubilee house and others belong to NPP executives.
According to the journalist who has been credited for exposing all the top scandals in Ghana, there were unlicensed oil marketing companies (OMC) in Ghana which do not pay taxes yet they lift millions of litres of fuel from NPA. Kelvin Tailor mentioned up to five OMCs which lifted up to 70 million litres of oil from NPA in October 2021 that either do not exist or have one or two branches. He said because those companies do not pay taxes to the Government, they are able to sell their fuel at very cheaper prices thereby destroying the market for the genuine ones.
According to Kelvin, the scandal was happening at the time Alhaji Mustapha Hamid is the Chief Executive Officer for the state oil distributor. He said in added to this there were some OMCs which had no bank or insurance guarantees as required by law yet they lift fuel. He said some of these companies are closed to jubilee house and others belong to NPP executives.
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