GRA denies accessing US$75m bank loan
![](https://cdn.classfmonline.com/imagelib/thumbs/17842328.jpg)
The management of the Ghana Revenue Authority (GRA) has denied accessing a US$75-million loan from a bank as claimed by Bolgatanga Central MP Isaac Adongo.
The Ranking Member of the Finance Committee of Parliament had told the media that GRA took the loan illegally without approval from parliament.
He, thus, called for a parliamentary probe.
In a statement signed by Nana Birago Owusu-Ansah, Chief Revenue Officer, Communication and Public Affairs Department, the management of GRA clarified that in 2022, the Authority had the intention of securing a loan facility to embark on a major capital expenditure project and, therefore, wrote to the Ministry of Finance to seek a “no objection” from the minister.
It said, upon receipt of the “no objection” from the Ministry of Finance, the Board and Management of GRA discussed the issue further and decided not to access the loan facility anymore.
"It was for this reason, that GRA did not proceed to Parliament on the issue", adding: "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".
Source: classfmonline.com
Trending News
I was surprised over exclusion from ministerial position in Akufo-Addo's second term-Atta Kyea
12:21NDC annuls Amenfi Central Parliamentary primary
17:55NDC's ORAL Brigade clashes with security at Finance Ministry
15:40Walewale NPP parliamentary primary re-run to take place Sept. 8
14:56Alan Kyerematen wins Zongos with Zumunta launch
08:36Settle Ghana slams Atta Kyea for defending President Akufo -Addo on failed galamsey fight
14:09O'Reilly SHS student murder: Suspect remanded for two weeks
16:23NE/R: NPP suspends two executives in Walewale over allegations of gross misconduct
15:01AG calls for global unity in tackling cross-border financial crimes
12:36FDA warns public against palm oil laced with ‘Sudan IV’
14:47