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
-
Yaw Sarpong goes home: Family, Fans appeal to keep gospel legend’s music alive
27 seconds -
Ghana’s Ignorant Citizens & Predatory Regulators
29 minutes -
Ernest Chemists supports 100 mothers with GH₵200k medical bill intervention
32 minutes -
From Bare Floors to Desks: Wa East schools receive over 2,000 desks to improve learning conditions
58 minutes -
Ghana’s shoppers return—warily: Q1 2026 FMCG performance
1 hour -
President Mahama breaks ground for 1,067-unit Green City Housing project in Ashanti Region
1 hour -
Ho High Court restrains Akpevi and Tsadaviefe clans from holding outdooring or introduction ceremonies in Ziavi
1 hour -
President Mahama announces affordable housing scheme for public sector workers
1 hour -
FIDIC Africa Infrastructure Conference 2026 opens in Accra
1 hour -
President Mahama raises concern over continued abuse of rent advance regulations
1 hour -
Mothers enjoy fun activities and thrilling adventures at JoyFM’s Mummy’s Day Out
2 hours -
Ibrahim Mahama offers to support xenophobic attack victim evacuated to Ghana
2 hours -
Wife accuses Police Inspector husband of sexually abusing teenage daughter
2 hours -
Azamati urged me to break his 100m NR – Saminu
2 hours -
2nd Adventist Edition of McDan Youth Connect inspires hope and enterprise
2 hours