ASEPA gives BoG a 48-hour ultimatum to retrieve missing GH¢52 billion tax revenue

ASEPA gives BoG a 48-hour ultimatum to retrieve missing GH¢52 billion tax revenue

LISTEN 1 HOUR AGO The Alliance for Social Equity and Public Accountability (ASEPA) has given the governor of the Bank of Ghana (BoG), Dr. Ernest Addison a 48-hour ultimatum to retrieve every single penny of the GH¢52 billion tax revenue missing from its accounts.

In an audit report released by US-based Journalist Kelvin Taylor, an alleged amount of GH¢52 billion of tax revenue is said to have been moved from the transit account of the BoG to unknown destination accounts.

According to the report, the IRS direct transit account has seen over 1,180 transactions on it, moving a total of about GHC17.5billion to unknown destination accounts.

Among many other discoveries, the VAT Indirect Transit Account also reported a total of about 1,794 transactions had about GHC18.9 billion being moved into an unknown account.

While raising serious concerns about the findings in the audit report, ASEPA has at a press conference today demanded details of all transactions that led to the missing of the gargantuan sum of money.

“We demand that the bank of Ghana immediately publish the daily clearance of Ghana Commercial bank from 2017-2020.

“The clearance must in detail highlight the various destinations of the transactions that moved over GHC52billion of Ghanaian taxpayers money, and the purpose of the transactions,” the Executive Director of ASEPA, Mensah Thompson said at a press conference on Tuesday.

While fingering the governor of the BoG in the alleged scandal, ASEPA says the central bank has been given a 48-hour ultimatum to retrieve the missing money or face the worst.

“The Governor must retrieve every single penny of the GHC52billion within 48 hours or face the wrath of the young people of this Country.

“We are also Demanding the immediate publications of the owners of the accounts in which the tax revenues of poor Ghanaians was illegally transferred into,” Mensah Thompson added.

Read the full speech read by the ASEPA boss below: PRESS STATEMENT BY ASEPA ON THE MISSING GHC52BILLION TAX REVENUELadies and Gentlemen of the Media, thank you very for honoring our invitation at such short notice.As a Public Accountability CSO, you the media are our core partners in the fight against corruption, abuse of Power and impunity!Today we have called you here, ask critical questions about some GH52billion of tax revenue that has gone missing in the GCB transit accounts!Ladies and Gentlemen, GCB was tasked by the Ministry of Finance to assist GRA in revenue collections.When these tax revenues are […]

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