• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Unpaid Taxes “Very Frightening”, Says Hon. Nana Osei-Adjei

20 hours ago
in Features, highlights, Home, home-news, latest News
1 min read
0 0
0
18
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Unpaid Taxes “Very Frightening”, Says Hon. Nana Osei-Adjei

Parliamentary hearing reveals massive tax collection shortfall as GRA reports recovery progress

The Member of Parliament for New Juaben North Constituency, Hon. Nana Osei-Adjei, has expressed alarm over what he described as “very frightening” amounts of unpaid Value Added Tax (VAT) owed to the state.

The outstanding debt totals more than GH¢403 million, plus an additional US$4 million that the Ghana Revenue Authority (GRA) has yet to collect from various entities. The MP expressed his dissatisfaction with the recovery rate and admonished the Authority to clear the backlog before the next audit.

The MP’s statement highlighted the weak recovery of unpaid taxes in the country. His concerns were raised during Monday’s Public Hearing of the Public Accounts Committee (PAC) on August 25, 2025, as part of the committee’s examination of the Auditor General’s Report for 2024.

Hon. Nana Osei-Adjei later said he will be on the heels of the tax authority to do the needful so that Ghanaians would benefit.

GRA Response and Recovery Efforts

RelatedPosts

 Importers and Exporters Association Decries “Mafiarian” Auctions of Perishable Goods at Ghana’s Ports

Nigeria Leads as Africa’s Wealthiest Economies Lose Over 8,000 Millionaires in 10 Years

Financial Stocks Gain as Accra Bourse Slips on Prime Index Decline

In response to Hon. Osei-Adjei’s questioning, GRA Commissioner General Anthony Kwasi Sarpong provided an update on the Authority’s collection efforts. He reported that significant progress had been made, with the GRA successfully recovering more than GH¢232 million of the outstanding GH¢403 million debt.

“Overall, the GRA has recovered 60.31% of the amounts owed,” Sarpong told PAC, adding that GRA continues to pursue the remaining outstanding amounts through various mechanisms.

Parliamentary Oversight

PAC serves as one of Parliament’s primary accountability mechanisms, scrutinising government financial management and the implementation of audit recommendations.

The current series of public hearings ran from Monday, August 19, through Monday, August 25, 2025.

The committee is scheduled to reconvene on Monday, September 29, 2025, to continue its oversight work on the 2024 Auditor General’s findings.

 

Tags: Says Hon. Nana Osei-AdjeiUnpaid TaxesUnpaid Taxes "Very Frightening"

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Ghana in Talks With Nigeria Over Possible Barter Deal to Swap Gas for Electricity

Ghana set to Save $300m in Debt Restructuring Deal With IPPs – ACEP’s Ben Boakye Discloses

Morocco and Madagascar set up Historic CHAN Final in Nairobi

US Open: Defending Champions Swiatek and Sinner Cruise Into Second Round

Otto Addo Names Strong 24-Man Squad As Black Stars Prepare For Crucial World Cup Qualifiers Against Chad and Mali

FEC 2025: NRGI Warns Fossil Fuel Investments Risk Undermining Africa’s Energy Transition; Lists Innovative Financing Instruments to Plug Transition Funding Shortfall

Trending

Business

 Importers and Exporters Association Decries “Mafiarian” Auctions of Perishable Goods at Ghana’s Ports

August 27, 2025

 Importers and Exporters Association Decries “Mafiarian” Auctions of Perishable Goods at Ghana’s Ports The Importers and Exporters...

Nigeria Leads as Africa’s Wealthiest Economies Lose Over 8,000 Millionaires in 10 Years

August 27, 2025

Financial Stocks Gain as Accra Bourse Slips on Prime Index Decline

August 27, 2025

Ghana in Talks With Nigeria Over Possible Barter Deal to Swap Gas for Electricity

August 27, 2025

Ghana set to Save $300m in Debt Restructuring Deal With IPPs – ACEP’s Ben Boakye Discloses

August 27, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.