{"id":681987,"date":"2019-08-15T13:03:05","date_gmt":"2019-08-15T13:03:05","guid":{"rendered":" <br><div>\n\t\t\n<p><strong>Col. (rtd) Kwadwo Damoah, Customs Commissioner<\/strong><\/p>\n\n\n\n<p>THE GHANA\nRevenue Authority (GRA) has stated that its Customs Division is the only agency\nmandated by law to auction confiscated vehicles and not any official or me"},"modified":"2019-08-15T13:03:05","modified_gmt":"2019-08-15T13:03:05","slug":"confiscated-assets-committee-does-not-auction-vehicles","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/08\/15\/confiscated-assets-committee-does-not-auction-vehicles\/","title":{"rendered":"\u2018Confiscated Assets Committee Does Not Auction Vehicles\u2019"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>Col. (rtd) Kwadwo Damoah, Customs Commissioner<\/strong><\/p>\n<p>THE GHANA<br \/>\nRevenue Authority (GRA) has stated that its Customs Division is the only agency<br \/>\nmandated by law to auction confiscated vehicles and not any official or member<br \/>\nof the Confiscated Assets Committee at the Osu Castle.<\/p>\n<p>Prince<br \/>\nAkwaboah, an official of GRA, who disclosed this to members of the Private<br \/>\nNewspaper Publishers Association of Ghana (PRINPAG) last week in Koforidua<br \/>\nduring a two-day workshop, was reacting to a question on a situation where the<br \/>\nCustoms Division of the GRA auctions confiscated vehicles to the highest bidder<br \/>\nbut it turns out that the Confiscated Assets Committee has also auctioned the<br \/>\nsame vehicle to other people, creating conflict. <\/p>\n<p>He said any<br \/>\nmember of the public who wants to buy any vehicle being auctioned should deal<br \/>\nwith the Customs Division of GRA because the Confiscated Assets Committee only<br \/>\nmonitors the auctioning of items confiscated to ensure these have been properly<br \/>\ndisposed of.\u00a0 <\/p>\n<p>Sections 53(1)(3)<br \/>\nand 59(1) of Customs Act 2015 (Act 891) and Part 9(B)(Para A) of The Customs<br \/>\nDepartmental Instructions, authorizes the forfeiture of goods and vehicles<br \/>\nimported into the country and not entered and cleared within 21 days and 60 days<br \/>\nafter final discharge.<\/p>\n<p>Taking<br \/>\nparticipants through the auction process, Mr. Akwaboah said the state warehouse<br \/>\nofficer compiles a list of forfeited goods\/vehicles at the various ports\/collections<br \/>\nand submits same to the Commissioner of Customs for approval for gazette.\u00a0 Once approved, the list is sent for<br \/>\npublication in the Gazette\/Commercial and Industrial Bulletin (CIB) at the<br \/>\nGhana Assembly Press (Section 126(4) of the Customs Act).<\/p>\n<p>\u201cThe gazette<br \/>\nis allowed 14 days notice after which those goods\/vehicles may be sold by<br \/>\nPublic Auction or Allocation.<\/p>\n<p>\u201cAn<br \/>\nauctioneer licensed under section 6 of CAP 196 is appointed to conduct the<br \/>\nauctions. The list of goods\/vehicles to be sold with their reserved prices is<br \/>\ngiven to the auctioneer on the day of the auction. The date for auction is published in at least two daily newspapers<br \/>\nof national circulation. The newspaper publication is usually allowed a minimum<br \/>\nof 48 hours before the auction. The conduct of the auction is guided by the<br \/>\nAuction Sales Act, 1989 (PNDCL 230).\u201d \u00a0<\/p>\n<p>He continued,<br \/>\namong other things, that an auctioneer licensed under section 6 of CAP 196 is<br \/>\nappointed to conduct the auctions, while the list of goods\/vehicles to be sold<br \/>\nwith their reserved prices is given to him on the day of the auction. <\/p>\n<p>Also, on perishable goods, he mentioned that Sections 53(3) (a) and 126 (3) authorizes the immediate sale of perishable goods deposited in a state warehouse not cleared after 21 days of final discharge.<\/p>\n<p> <strong>BY Samuel Boadi <\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Col. (rtd) Kwadwo Damoah, Customs Commissioner THE GHANA Revenue Authority (GRA) has stated that its Customs Division is the only agency mandated by law to auction confiscated vehicles and not any official or member of the Confiscated Assets Committee at the Osu Castle. Prince Akwaboah, an official of GRA, who disclosed this to members of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":681988,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-681987","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u2018Confiscated Assets Committee Does Not Auction Vehicles\u2019 - 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\/2019\/08\/15\/confiscated-assets-committee-does-not-auction-vehicles\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"\u2018Confiscated Assets Committee Does Not Auction Vehicles\u2019 - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Col. 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(rtd) Kwadwo Damoah, Customs Commissioner THE GHANA Revenue Authority (GRA) has stated that its Customs Division is the only agency mandated by law to auction confiscated vehicles and not any official or member of the Confiscated Assets Committee at the Osu Castle. 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