The administration of Ghana Revenue Authority (GRA) have denied all allegations levelled against them for accessing a loan worth $75 million from a bank without parliamentary approval.

These claims were made by the member of Parliament for Bolgatanga central, Hon Isaac Adongo who further requested for a thorough investigation to made into the said unauthorized loan acquisition.

In responding to the allegations, the Ghana Revenue Authority’s management on 7th December 2023 issued a press statement detailing their initial intentions to secure a loan deal through all legal means but in the long run, decided to avert the acquisition of the loan due to certain factors considered by the board and the management.

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Ghana Revenue Authority further stipulated that, their quest to secure a loan facility for a capital expenditure was later abandoned.

“It was for this reason, that GRA did not proceed to parliament on the issue.”

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The Ghana Renvenue Authority explicitly refuted all allegations stating that, the Authority hasn’t done anything illegal.

“We wish to categorically state that, the Ghana Revenue Authority has not accessed any US$75 million loan from any bank as indicated by the Honourable member of Parliament for Bolgatanga central.”

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