2 Weeks Ultimatum GRA to seize Mahama’s assets over Gh¢10m debt

The GRA is cautioning businessman Mahama to settle his import debts or risk his properties being auctioned by the state

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Ibrahim Mahama play Ibrahim Mahama
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We will confiscate Ibrahim Mahama's properties if he fails to settle a Gh¢ 10,409, 492.86 million debt, that's coming from the Ghana Revenue Authority (GRA).

The brother of former President John Mahama has been given a two weeks ultimatum to clear his importation debt.
The GRA says it will auction Mahama's properties for the State to recover the amount if he does not pay his debt.

He is expected to make the payment by Monday, May 8, 2017.

READ ALSO: EOCO picks Ibrahim Mahama over fraud

EOCO has accused Mahama for issuing 44 post-dated cheques to the Customs Division, as duties for imports of equipment, but turned out to be dud cheques.

The cheques were issued in 2015

His company MBG Ltd. located in Tema – the harbor city of Ghana – which deals in the sale and rental of heavy duty vehicles and spare parts and one other Holman Brothers have been at the centre of the scandal.

According to Assistant Commissioner for Communication of GRA, Robert Mensah, though his outfit had engaged  the businessman since December 2016, he has been unresponsive.

Mr. Mensah said the Authority got alarmed when the cheques were taken to the banks only to be told that the “accounts were closed.”

READ ALSO: Supporters of Ibrahim Mahama throng EOCO

“An agreement was made to pay Gh¢800, 000 per month… payment made so far falls short of that commitment. Within the next two weeks the two companies should make good all the indebtedness of Gh¢10, 409, 492.86 million”

Should Mr. Mahama fail to honour his part of the bargain his properties will be auctioned “to redeem our revenue,” he added.

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