The 2021 Auditor General’s Report has revealed that 28 Oil Marketing Companies (OMCs) failed to settle the rescheduled debt totalling ¢402.049 million.
The report has therefore urged the Commissioner of the Customs Division of the Ghana Revenue Authority to use legal means to recover the outstanding amount from the OMCs involved.
The names of the OMCs were however not disclosed.
“We recommended that the Commissioner should use legal means to recover the outstanding amount of GH¢402,049,571.70 from the OMCs involved”.
The report also disclosed that 17 OMCs between January 2021 and December 2021, did not pay the taxes and duties totalling ¢249.800 million on 29,995,530 litres of oil lifted to the Ghana Revenue Authority, Customs Division.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Luv FM High Schools Debate heats up as top schools advance to Round of 16
3 minutes -
Asantehene urges chiefs to offer lands as equity for farming
19 minutes -
GhanaFest Alberta 2025 launch ignites diaspora business momentum
43 minutes -
22-year-old hearing-impaired man allegedly dies by suicide after rape accusation
1 hour -
CAETE 2025: MDF seals 10k jobs deal with China’s Yixintai Group
1 hour -
Climate Change: AGN Chair emphasises importance of Africa’s unity in global negotiations
1 hour -
TV stations risk prosecution over pirated content – Copyright Office warns
2 hours -
Anointed Engineering donates ‘Borla Macho III’ tricycle to support sanitation drive in Accra
2 hours -
CLOGSAG threatens strike in 2 weeks over delayed conditions of service
2 hours -
Resolve energy issues, don’t burden Ghanaians with new taxes – Tax Analyst
2 hours -
Dr. Adutwum honoured in the US for outstanding contribution to education in South Los Angeles
2 hours -
TEWU-GH, KNUST Local urges suspension of Registrar vacancy declaration; calls on GTEC to intervene over premature retirement concerns
2 hours -
Largest indigenous tree nursery facility in Africa inaugurated at Bibiani
2 hours -
Minority concerned over Common Fund disbursement delay despite Finance Minister’s assurances
2 hours -
WAEC: 16 arrested for malpractice in 2025 BECE, including 12 invigilators
3 hours