Ghana’s EOCO retrieves over $10m extra revenue for the country from corrupt individuals

The Economic and Organized Crime Office (EOCO) has said that it has retrieved over GHC 51 million ($10,256,411) from corrupt individuals and businesses for the Ghana Revenue Authority (GRA) in 2018.

The Director of EOCO K.K Amoah was speaking at a Multi-Stakeholder Business Integrity Breakfast meeting in connection with the Anti-Corruption and Transparency Week.

Mr Amoah said that the private sector can help EOCO, EOCO can retrieve more monies from defaulting businesses.

“Are you not being part of the problem, the private sector?. And yet the private sector is seen as the engine of growth and a critical partner in the anti-corruption struggle. Let us see the private sector doing more in the anti-corruption fight for the country. The private sector needs to respect the laws of the country and pay their taxes. I wish to tell you that we have recovered over GHC 51 million for GRA,” he said.

He further urged the private sector to work closely with state investigative agencies in order to prevent financial leakages.

“If you cheat the state it will come to EOCO and you will feel uncomfortable. I want to urge private enterprises to report suspicious transactions to EOCO, BNI and the special prosecutor’s office among others instead of sitting on such information. I know that in our fight against corruption we will need the private sector to help us.”