E-Levy: Minority stages walkout

The Minority in Parliament has staged a walkout on the consideration of the controversial Electronic Transfer Levy (E-Levy) bill.

The E-Levy seeks to impose a 1.50% levy on transactions, including Mobile money transfers done between accounts on the same Electronic Money Issuers (EMI), Mobile money transfers from accounts on one EMI to a recipient on another EMI, Transfers from bank accounts to mobile money accounts (either directly, GIP debit, bank cards or another scheme), Transfers from mobile money accounts to bank accounts (either directly, GIP debit, bank cards or another scheme) and Bank transfers originating from a bank account belonging to an individual.

The bill has sharply divided the two sides of the House and has even degenerated into fisticuffs at a point.

On the floor of the House today, Tuesday, March 29, 2022, the bill was brought before the House for consideration and subsequent approval.

After a series of back and forth, the Minority Leader, Haruna Iddrisu in rounding up the debate on his side, led the NDC MPs to walk out.

Source: thenewsroomonline.com