25.2 C
Accra
Sunday, June 23, 2024
News'Hypocrite' NDC MPs rejected $350m tax exemptions - Afenyo-Markin

Date:

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

spot_img

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.

- Advertisement -

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.

- Advertisement -

“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.

Latest stories

We need drones to monitor and protect our wildlife – Ankasa Conservation Forest to govt

Managers of the Ankasa Conservation Forest in the Western...

You were selected to grow our assets, not steal our wealth – Former PNC Chair to gov’t officials

Former National Chairman of the People’s National Convention (PNC)...

Napo needs guidance if he becomes Bawumia’s running mate – Prof Charles Marfo to NPP

Former President of the University Teachers Association of Ghana...

You can’t be president if you can’t decide on your running mate – Former NPP MP to Bawumia

Former Member of Parliament for Obuasi-East, Edward Ennin, has...

Watch Nana Ama McBrown’s reaction after husband deleted all her photos

Nana Ama McBrown has finally spoken out following her...

Related stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here