{"id":444474,"date":"2017-12-07T01:11:01","date_gmt":"2017-12-07T01:11:01","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/12\/07\/construction-company-absconds-with-ghc5m-owed-gra\/"},"modified":"2017-12-07T01:11:01","modified_gmt":"2017-12-07T01:11:01","slug":"construction-company-absconds-with-ghc5m-owed-gra","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/12\/07\/construction-company-absconds-with-ghc5m-owed-gra\/","title":{"rendered":"Construction company absconds with GHC5m owed GRA"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">Business News of Wednesday,  6 December 2017<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>www.ghanaweb.com<\/p>\n<p>2017-12-06<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/31492162.295.jpg\" alt=\"GRA Reverend John Buabeng\" title=\"GRA Reverend John Buabeng\" width=\"295\" height=\"157\" \/><span class=\"play-icon\">play video<\/span><span class=\"image_caption\"><span>Reverend John Buabeng, Chief Revenue Officer, Ghana Revenue Authority<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125813973067\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125813973067\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/1512609061_546_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">A construction firm that was supervising an ultra-modern building complex at Dzorwulu owned by Allied Oil and Danicom Limited has absconded leaving behind a debt of GHC5m owed the Ghana Revenue Authority (GRA).<\/p>\n<p>According to the current project manager of the site, the firm by name Ace Fa\u00e7ade fled months ago with the excuse that they were under pressure and, therefore had to leave construction site. <\/p>\n<p>This was made known after the GRA visited the construction site to cease equipment and materials belonging to the firm and to stop them from working in a bid to compel them to fulfil their obligation to the state.<\/p>\n<p>Chief Revenue Officer of the GRA, Reverend John Buabeng, who led the team to the site said, \u201cWe followed up with a tax debtor called Ace Fa\u00e7ade. He owes the Ghana Revenue Authority monies in excess of GHC5 million and so we followed up to one of the projects he was undertaking\u2026the company itself and the directors.\u201d<\/p>\n<p>\u201cWe haven\u2019t found them but they have absconded. We came to this site where they were undertaking a project to be able to attach any property belonging to Ace Fa\u00e7ade but the project manager has also told us that he has terminated the appointment and has absconded and so they don\u2019t have any information about him,\u201d Rev. Buabeng revealed.<\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/v6pQ8KnA7Do\" frameborder=\"0\" gesture=\"media\" allow=\"encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><b>Measures to retrieve money<\/b><\/p>\n<p>Reverend John Buabeng insisted that even though the construction company, Ace Fa\u00e7ade has absconded, they will pursue them until the money is retrieved.<\/p>\n<p>He noted that his outfit will serve a garnishee order that will compel the clients, Allied Oil and Danicom to pay to GRA any moneys to be paid to Ace Fa\u00e7ade Limited for the work done.<\/p>\n<p>The Chief Revenue Officer detailed \u201cif there are monies to be paid to Ace Fa\u00e7ade, we are going to serve a garnishment order on the project owner so that any moneys due the tax payer will be paid to the GRA.\u201d <\/p>\n<p><b>Revenue mobilisation<\/b><\/p>\n<p>The Ghana Revenue Authority rolled out a new campaign aimed at increasing voluntary tax compliance of tax obligations by the citizenry in November, 2017<\/p>\n<p>The campaign dubbed \u201cOur Taxes Our Future\u201d was expected to run for four weeks and included a series of activities geared towards encouraging people to pay their taxes to accumulate revenue for more developmental projects.<\/p>\n<p>According to Rev. John Buabeng, the first three weeks of the campaign was to encourage compliance but now, GRA will go after defaulters to ensure they fulfil their obligations.<\/p>\n<p>In line with this, Officials of the GRA stormed the premises of the Accra Mall to shut down the facility over some GHC2.3 million tax owed the state. Other facilities have also fallen victim.<\/p>\n<p>Ace Fa\u00e7ade Limited\u2019s debt of GHC5m dates back to 2014 and is in respect of tax liabilities, such as the PAYE, withholding tax and VAT.<\/p>\n<p><iframe loading=\"lazy\" width=\"600\" height=\"350\" src=\"https:\/\/www.youtube.com\/embed\/o6PpaSxGSHg\" frameborder=\"0\" gesture=\"media\" allow=\"encrypted-media\" allowfullscreen=\"\"><\/iframe><\/p>\n<p><!-- uploaded by: 2 updated by: -1 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business News of Wednesday, 6 December 2017 Source: www.ghanaweb.com 2017-12-06 play videoReverend John Buabeng, Chief Revenue Officer, Ghana Revenue Authority A construction firm that was supervising an ultra-modern building complex at Dzorwulu owned by Allied Oil and Danicom Limited has absconded leaving behind a debt of GHC5m owed the Ghana Revenue Authority (GRA). According to [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":444475,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-444474","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Construction company absconds with GHC5m owed GRA - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/12\/07\/construction-company-absconds-with-ghc5m-owed-gra\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Construction company absconds with GHC5m owed GRA - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Business News of Wednesday, 6 December 2017 Source: www.ghanaweb.com 2017-12-06 play videoReverend John Buabeng, Chief Revenue Officer, Ghana Revenue Authority A construction firm that was supervising an ultra-modern building complex at Dzorwulu owned by Allied Oil and Danicom Limited has absconded leaving behind a debt of GHC5m owed the Ghana Revenue Authority (GRA). 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