26.2 C
Accra
Thursday, October 17, 2024
NewsGRA Chief discloses govt's readiness to settle GHS95m debt to West Blue...

Date:

GRA Chief discloses govt’s readiness to settle GHS95m debt to West Blue after contract termination

Government is set to pay a GH¢95 million settlement to the IT consulting company, West Blue Consulting, after ending its agreement with the firm.

This resolution follows West Blue Consulting’s provision of technical and support services to the Ghana Revenue Authority (GRA) from 2015 to 2020, coordinated by the Ministry of Finance.

The sudden cancellation of the contract led West Blue Consulting to file a lawsuit against the government, claiming compensation for a debt totaling GH¢289 million.

After court proceedings, GH¢95 million was awarded to West Blue.

The Commissioner General of the GRA, Julie Essiam, confirmed the settlement during a session of the Public Accounts Committee on Monday, July 29.

She outlined the legal and financial consequences of the contract termination and the resulting judgment debt.

Ms. Essiam also noted that the payment plan has been divided into three installments, as agreed with the court.

“Indeed, the judgement debt is GH¢95 million. We will not to be able to pay all GH¢95 million and therefore the agreement with the court is to pay these in three instalments,” she stated.

[forminator_poll id="710479"]

Latest stories

Ghana’s grain sector suffers GH¢22 billion loss from severe droughts

Ghana’s agricultural sector has been dealt a significant blow,...

4 reasons parents face prosecution for crimes committed by underage children

In a growing trend across various jurisdictions, parents and...

One Direction’s Liam Payne dies at 31 after balcony fall

Liam Payne, the 31-year-old former member of One Direction,...

20-year-old boy beheads brother at Kwamo – Report

A tragic incident has occurred in the Ejisu Municipality...

Food insecurity looms as Ghana’s maize output drops by 35% due to dry spells

Ghana’s agricultural sector has taken a major hit as...

Related stories

20-year-old boy beheads brother at Kwamo – Report

A tragic incident has occurred in the Ejisu Municipality...

This is an attack on democracy – NDC reacts to Joana Cudjoe’s disqualification

The Head of Legal Affairs for the National Democratic...

UWR: Tragic accident kills one military officer, five others injured

A tragic accident has resulted in the death of...

8 Mpraeso SHS students allegedly gang rape female colleague

Eight male students from Mpraeso Senior High School in...

20-year-old confesses to beheading 8-year-old brother – Reports

In a tragic incident near Kwamo in the Ejisu...

U/E: Accident at Binduri kills soldier

A tragic accident near Binduri in the Upper East...

Rev Owusu Bempah threatens to beat, pull out intestines of Afrifa-Mensah

An alarming audio recording has emerged on social media,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here