Wednesday , July 8 2020
Breaking News
Home / Members of parliament / Minority abstains as Parliament approves controversial $23.9m tax waiver

Minority abstains as Parliament approves controversial $23.9m tax waiver

Parliament has approved the controversial $23.9 million dollars tax waiver for Platinum Properties Limited for the Pullman Accra Airport City Hotel and serviced apartment.

The minority which had alleged the project is for a family member of president Akufo-Addo abstained from voting on the report of the finance committee when speaker Prof. Mike Oquaye put the question.

The report was consequently adopted by the one-sided House.

A statement by the Communications Director of the NDC, Sammy Gyamfi on the issue stated that “Aside the question of conflict of interest that this matter raises, it is clear that the appropriation of public funds to finance such a project defeats the objects of the GIIF which was established by former President Mahama in the year 2014, to mobilize, manage, coordinate and provide financial resources for strategic investments for national development.”

the statement added that “secondly, we condemn in no uncertain terms the self-seeking decision of President Akufo-Addo to dole out a whopping $24 million as tax waivers to this same company, owned by his in-law and appointee, at a time Ghanaians are bearing the brunt of his insensitive tax policies such as, the 50% increase in the Communication Service Tax, 5% increase in Value Added Tax, 23% increase in ESLA, increase in income tax, among others.”

The NDC is demanding that the President reverses the “nepotistic, self-seeking tax waiver and channels same into developmental projects such as the provision of schools, hospitals, roads, portable water among others.”

Source: Ghana/Starrfm.com.gh/103.5FM

About GPN EXECUTIVE

Check Also

It’s inhumane to compare ‘dumsor’ to COVID-19 – Ato Forson to Bawumia

The Ranking Member on Parliament’s Finance Committee, Cassiel Ato Forson has described as inhumane Vice …

Leave a Reply

Your email address will not be published.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

RSS
Follow by Email
Facebook
Facebook
YouTube