Ibrahim Mahama has reportedly settled the Gh¢12 million debt owed the Ghana Revenue Authority (GRA).

Two Stanbic cheques has been issued by Mr Mahama to clear his debt. The cheques from MBG Ltd and Holman Brothers were issued on May 4, 2017. MBG Ltd owes Gh¢10,216,258.47 while the latter is due to pay Gh¢2,176,544.61.

Meanwhile, the communication department of the GRA could not confirm the truth or otherwise of the cheques.

The brother of the former president John Mahama was alleged to have issued over 20 dud cheques in 2015 to the Customs Division of the GRA, being duties for imports of equipment.

The Assistant Commissioner for Communication of GRA, Robert Mensah, the businessman had a settlement arrangement with the tax collection outfit since December 2016, but failed to honour that pact from February 2017.

Mr. Mensah said the Authority got alarmed when the cheques were taken to the banks only to be told that the “accounts were closed.”

The matter led to the anti-graft agency the Economic and Organised Crime Office (EOCO) to invite Ibrahim Mahama to assist with investigations into the matter.

Source: yen.com.gh