Contaminated oil saga: Minority accuses Movenpinaa of evading GH¢14m in taxes - News Summed Up

Contaminated oil saga: Minority accuses Movenpinaa of evading GH¢14m in taxes


General News of Thursday, 29 June 2017Source: Myjoyonline.comContaminated oil saga: Minority accuses Movenpinaa of evading GH¢14m in taxesAto Forson says the GRA must still find out if Movenpinaa paid the requisite taxes. The Minority in Parliament has accused the oil firm at the centre of the contaminated fuel saga, Movenpinaa, of evading tax to the tune of GH¢14 million. The Minority arrived at the GH¢14 million figure by multiplying the five million litres of oil acquired by Movenpinaa by GH¢2.85 – the tax on each litre of oil. Movenpinaa subsequently re-sold the contaminated oil to Zup Oil in a transaction the minority has also described as fraudulent. Speaking to Joy News’ Joseph Opoku-Gakpo, Ato Forson said granted that aspects of the GH¢ 14 million are taxes, the GRA must still find out if Movenpinaa paid the requisite taxes.


Source: GhanaWeb June 29, 2017 06:22 UTC



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