EOCO retrieves GHC51m for GRA | Business News 2018-12-13
You are here: HomeNews2018 12 13Article 708441

Business News of Thursday, 13 December 2018

Source: citibusinessnews.com

EOCO retrieves GHC51m for GRA

The Economic and Organized Crime Office (EOCO) says it has recovered over GHC 51 million for the Ghana Revenue Authority(GRA), from corrupt individuals and businesses in 2018.

Speaking at a Multi-Stakeholder Business Integrity Breakfast meeting in connection with the Anti-Corruption and Transparency Week, the Executive Director of EOCO, K. K Amoah stated that, with the help of the private sector, EOCO can retrieve more monies from defaulting businesses.

“Are you not being part of the problem, the private sector?. And yet the private sector is seen as the engine of growth and a critical partner in the anti-corruption struggle. Let us see the private sector doing more in the anti-corruption fight for the country. Private sector needs to respect the laws of the country and pay their taxes. I wish to tell you that we have recovered over GHC 51 million for GRA,” he said.

Mr. K. K Amoah urged the private to work with state investigative agencies to help block financial leakages that encourage fraudulent activities.

“If you cheat the state it will come to EOCO and you will feel uncomfortable. I want to urge private enterprises to report suspicious transactions to EOCO, BNI and the special prosecutor’s office among others instead of sitting on such information. I know that in our fight against corruption we will need the private sector to help us.”

The Multi-Stakeholder Business Integrity Breakfast meeting in connection with the Anti-Corruption and Transparency Week, was on the theme “United Against Corruption for Development, Peace and Security. Role of the Private Sector.” The forum was organized by the Ghana Integrity Initiative in collaboration with the Private Enterprise Federation.