ECG ‘Begs’ GRA To Offset GH₵600m Tax Obligation

ECG ‘Begs’ GRA To Offset GH₵600m Tax Obligation

ECG ‘Begs’ GRA To Offset GH₵600m Tax Obligation

The Electricity Company of Ghana (ECG) is negotiating with the Ghana Revenue Authority (GRA) to offset about GH₵600 million of its tax obligations to the state. The GRA intends to write off the debt of some “sensitive” public sector institutions that have accumulated over the years Mr. Samuel Dubik Mahama, the Managing Director, of ECG, who disclosed this in an interview, said the amount would still not be enough “as we owe GRA over a billion Ghana cedis in taxes.” ECG has so far retrieved about Gh₵2.5 billion out of GH¢5.7 billion debt it intends to recover from a month-long…
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