Entertainment
GRA Confirms Tax Audit Investigation On Bills Micro Credit Founder; Denies Freezing Of Accounts
This move aligns with the GRA’s ongoing efforts to enforce tax compliance, particularly among high-net-worth individuals. Despite rumors on social media suggesting that Quaye’s bank accounts have been frozen, reliable sources confirm that no such action has been taken.
The Ghana Revenue Authority (GRA) is currently reviewing the personal income tax records of Richard Nii Armah Quaye, Founder and Board Chairman of Bills Micro Credit, according to a report by Citi Business News. The assessment focuses on potential outstanding tax liabilities, though the specific amount under scrutiny has not been disclosed.
This move aligns with the GRA’s ongoing efforts to enforce tax compliance, particularly among high-net-worth individuals. Despite rumors on social media suggesting that Quaye’s bank accounts have been frozen, reliable sources confirm that no such action has been taken.
Neither the GRA nor Quaye has publicly commented on the matter. The situation remains under review as authorities work to ensure adherence to tax regulations. Further updates are expected as the assessment progresses.
Mr. Nii Armah Quaye held a lavish birthday party last weekend at the Independence Square. The party saw the attendance of over 1000 celebrities and friends from across the world, as well as entertainers.
Source: GhanaFeed.Com