Audio By Carbonatix
The National Petroleum Authority (NPA) has suspended oil marketing company, Union Oil Ghana Limited for tax evasion.
Agapet Limited, Excel Oil Company Limited, Misyl Energy Company Limited and Globex Energy Company Limited have also been handed the ban which will last for a period of one month.
The rest are Petro Afrique, Life Petroleum and Unique Company Limited, who have also been suspended for three months.
The NPA said in a statement copied to Joy Business that these companies were involved in activities that led to the loss of tax revenue to the Government of Ghana.
The companies per the suspensions, are to “desist from engaging in the sale, supply, transportation, discharge and receipt of petroleum products for the duration of their suspension,” the statement said.
Below is a copy of the full statement:
Latest Stories
-
High Court adjourns GH¢431.8m NSA fraud case involving Osei Assibey Antwi
5 minutes -
Tema Shipyard reclaims regional edge with 55% growth, renewed confidence
7 minutes -
Prioritise public education on legal aid to support vulnerable persons – Presbyterian University VC
22 minutes -
Kurt Okraku commiserates with Berekum Chelsea after fatal armed robbery attack
23 minutes -
78% of NDC delegates worried about jobs, but majority remain optimistic – Global InfoAnalytics poll
27 minutes -
Traceability is the new currency of global cocoa Trade
31 minutes -
Asiedu Nketia holds lead in NDC race but Ato Forson closing gap fast – Poll
44 minutes -
Collaboration across sectors key to tackling MoMo fraud — MobileMoney Ltd CEO
46 minutes -
President Mahama commends Catholic Church for role in Ghana’s development
50 minutes -
Canadian PM Carney on verge of Liberal majority gov’t as votes cast in three by-elections
51 minutes -
UK could adopt EU single market rules under new legislation
52 minutes -
Ghana Shippers’ Authority CEO to meet association of Port Transport Drivers over intended strike
53 minutes -
MTN Ashantifest musical concert lives up to bill
58 minutes -
Ninani Group launches D. A. Twum Jnr. Fellowship to address skills gap in creative industry
1 hour -
Independent assessment by Lands and Mines Watch backs Heath Goldfields for mining operations
1 hour