Allied Oil to pay outstanding debts of Ace Facades 

The Ghana Revenue Authority (GRA) has queried the management of Allied Oil Ghana Limited to pay an outstanding debt of about five million Ghana Cedis for Ace Facades.

This is due to the failure of its constructor, Ace Facades, to pay the debts which has accumulated over two years.

This was revealed by the Chief Revenue Officer of the GRA, John Yaw Buabeng, when his team took a tour of Accra to retrieve taxes from some companies and individuals who have refused to honor their tax obligations.

“We followed up on a tax debtor called Ace Facades which owes GRA monies in excess of 5 million Ghana Cedis.

“We followed on a project it is undertaking because the owner and directors of the company have absconded,” he added.

According to Buabeng, the GRA has served a garnishment order to Allied Oil so that all monies that would be paid to its constructor, Ace Facades will be directed to the Ghana Revenue Authority.

“Currently we have served a garnishment order to Allied Oil. The project we came to inspect is for Allied Oil and they engaged Ace Facades to do their project,” he said.

“In their absence, all monies due to be paid to Ace Facades will be directed to the Ghana Revenue Authority,” he added.

Allied Oil has been given a minimum of 14 weeks to respond to the garnishment order served on them by the GRA.

Source: Priscilla Anum-Noi


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