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News'Hypocrite' NDC MPs rejected $350m tax exemptions - Afenyo-Markin


‘Hypocrite’ NDC MPs rejected $350m tax exemptions – Afenyo-Markin


Majority Member’s of Parliament (MP) has accused the Minority of hypocrisy after rejecting $350 million in tax waivers for 42 companies under the 1D1F initiative.

During an emergency sitting, Minority leader Dr. Cassiel Ato Forson questioned the rationale behind these waivers amid the country’s economic crisis.

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In response, Majority leader Alexander Afenyo-Markin criticized past exemptions worth billions of dollars granted under the Mahama administration, some without parliamentary approval, benefiting MPs and Gyata Cement.

The Effutu MP accused the NDC MPs of hindering local companies and Ghanaian businesses’ progress.

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“But we know that in 2016, this country experienced the most outrageous tax giveaway we’ve ever seen in Ghana when the NDC led by President John Mahama handed a tax waiver of $832 million to Meridian Port Services. At the time, the NDC government applied for a tax waiver of $982 million for the port project,” he said.

“And through the vigilance of the minority then, we shut it down up to $832 million, saved the government and the people of Ghana some $100 million, and even requested that further works be done,”he added.

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