Rumor Mill of Thursday, 8 December 2011

Source: Dailypost

Akufo-Addo Evades Tax!

Surprise!
Surprise! Surprise! Investigations carried out by this paper and other allied
newspapers indicates that smoking wee and urinating on a mosque are not the
only crimes that Nana Akufo-Addo, flagbearer of the NPP, has become notorious
for; the wannabe-President is also a tax dodger!
After
selling off his father’s Ringway Hotel in Accra sometime in May this year for a
staggering US$22. 659,000, the man who so desperately wants to become President
of Ghana artfully dodged paying a capital gain tax of 8% of the total amount to
the Internal Revenue Service, (IRS) as required by law.
Nana Akufo
Addo travelled to London to conclude the Sales & Purchase agreement with
the buyers, Societé Generalé (SG) of France, the current owners of SG-SSB Bank
Ghana Limited. A source at Societé Generalé confirmed to this paper that payment
was made to Nana Akufo Addo in London immediately afterwards.
However,
checks at the IRS here in Ghana indicates that the NPP flagbearer has not
declared the amount to the IRS nor has he paid the capital gains tax of 8% ( or
US$1.8 million” of the total amount to
the state.
It is not
yet known whether the IRS will write to him to declare the total amount
accruing from the sale of the property and demand payment of the capital gain
tax as required by law.
For a man
who wants to become President of Ghana, it is simply a mark of unpatriotism and
indiscipline for Nana Akufo-Adoo to refuse to pay tax. In the unlikely event
that he becomes President of Ghana, will he have the moral right to demand that
others pay tax. From now on, all eyes will be on the IRS and Akufo-Addo to see
if the right thing will be done.