The Attorney-General (A-G) and Minister of Justice, Mr Godfred Yeboah Dame, has called on the management of the Economic and Organised Crimes Office (EOCO) to focus on investigating serious tax frauds and prosecute “big tax offenders”, including multinational companies.
He stated that it was unjustifiable for big companies and entities to under-state or hide their true income, just to evade their tax obligations to the state.
“With the evident competition of many sectors for the nation’s scarce revenue, the situation where big companies and entities, including multinational firms operating in Ghana which are required to contribute significantly to the tax revenue of the state, under-state or hide their true income in a bid to evade a satisfaction of their true obligations to the state is unjustified,” the A-G said.
Investigate offences
Swearing in members of the new governing board of EOCO in Accra last Wednesday, Mr Dame said: “I have indicated to the management of EOCO already, that the prosecution of tax offences by big companies, including multinational firms operating in the country, will be the focus of my office this year and the years to come.”
“I expect EOCO to devise very efficient means of investigating such offences to ensure their able prosecution,” he added.
The nine-member board is chaired by Stephen Raymond Dapaa-Addo.
Other members are the Executive Director of EOCO, Commissioner of Police (COP) Maame Yaa Tiwaa Addo-Danquah; a representative of the Narcotics Control Commission, Kenneth Adu-Amanfoh; a representative of the Office of the Attorney-General, Alfred Tuah-Yeboah, and a representative of the Ghana Police Service, Deputy Commissioner of Police (DCOP) Ernest Kwabena Owusu.
The rest are a representative of the Ghana Revenue Authority, Seidu Iddrisu Iddisah; a legal practitioner, Peter Kwesi Dadzie; a chartered accountant, COP George Alex Mensah, and an intelligence officer, Lt Col Ababio Serebour (rtd).
Source: graphic.com.gh