Ibrahim Mahama settles GHC 12.5 GRA debt

Lorlornyofm
By Lorlornyofm May 6, 2017 06:37

Ibrahim Mahama settles GHC 12.5 GRA debt

Businessman, Ibrahim Mahama has settled the GH12.5 million debt owed the Ghana Revenue Authority (GRA).

The younger brother of former President John Mahama settled the debt with two cheques issued to the state institution.

The Stanbic Bank cheques were issued on Thursday, 4th May, 2017. One of the cheques was in respect of B/O MBG Limited and contained an amount of GHC 10,216258.47 while the other was in respect of his B/O Holman Brothers Ghana Ltd. The amount on the cheque was GHC 2,176,544.61.

Mr Ibrahim Mahama was given a two week ultimatum by the GRA to settle the debts which came became a topic of national discussion after the Economic and Organised Crimes Office (EOCO) invited him for issuing 44 dud cheques to the GRA.

The cheques were meant to pay for import duties on heavy-duty vehicles that he had imported into the country on a number of occasions.

Reports also say, although the cheques were not honoured, the GRA kept accepting them, apparently because of Mr Mahama’s status in society. But the issue was taken up when the new government took office, especially with threats from Mr Agyapong that he would not rest until Mr Mahama was arrested and prosecuted.

Source: Adomonline.com

Lorlornyofm
By Lorlornyofm May 6, 2017 06:37
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