Audio By Carbonatix
The Ghana Revenue Authority (GRA) management has refuted claims made by Bolgatanga Central MP Isaac Adongo that the Authority accessed a US$75-million loan from a bank without parliamentary approval.
The GRA clarified in a statement that it had initially sought a "no objection" from the Ministry of Finance for the loan, but after receiving it, the board and management decided not to proceed to access the loan.
In a press statement issued on Thursday, December 7, it explained that its intention to secure the loan facility for a capital expenditure project was later abandoned.
The statement was issued in response to the MP's call for a parliamentary investigation into the alleged unauthorised loan.
"It was for this reason, that GRA did not proceed to Parliament on the issue."
It added: "We wish to categorically state that the Ghana Revenue Authority has not accessed any US$75 million loan from any bank as indicated by the Honourable Member of Parliament for Bolgatanga Central."
Latest Stories
-
Barcelona close to deal for Arsenal’s Jesus
26 minutes -
Three-week international break a concern – Mourinho
36 minutes -
Bellingham scores as Mourinho’s Real win again
45 minutes -
Tech trouble leaves Chelsea game ref without comms
53 minutes -
Wife of man who died after turbulence sues airline
1 hour -
Russia says it helped to repel Niger attempted coup
1 hour -
Michail Antonio helps young Ghanaians chase Premier League dreams
3 hours -
Zambian opposition leader charged with treason
3 hours -
Iceland votes against restarting EU membership talks
3 hours -
WhatsApp chat used to launder cash for crime and extremism
3 hours -
US judge blocks Pentagon’s Anthropic blacklisting
3 hours -
Tinubu files case in US court to block release of alleged drug trafficking record – Lawyer
4 hours -
‘Powder Guy’ denies $32,000 visa fraud chargesÂ
4 hours -
Two suspects arrested over lynching at Daboya
4 hours -
Mobile phones contributing to Christians’ spiritual decline – Bishop Patu
4 hours