Richard Nyamah of the Progressive Nationalist Forum (PNF), a pressure group aligned to the opposition New Patriotic Party (NPP), has issued a 72-hour ultimatum to the current Mahama administration to pay the Ghana Education Trust Fund (GETFUND) component of the Valued Added Tax (VAT) or risk being dragged to the court.
“I have observed that contrary to the GETFUND Act 200, Act 581 under section 4, subsection 2 which states that the Value Added Tax Service shall within 30 days of receipt of value added tax revenue pay directly into the bank accounts opened under subsection 1 the proportion of the value added tax revenue is required to be paid into the fund under section 3 (a), the government has since January 2013 failed to make good its obligations to the fund,” he said in a statement released on Monday.
“The GETFUND is one of the major sources of funding education in Ghana and therefore any tinkering with the fund has a direct consequence on the quality of education in Ghana.”
According to Richard Nyamah, he had instructed his counsel, Solicitor Thaddeus Sory, to within three days from Monday, December 9, 2013 file “a suit in the court of law to retrieve all monies owed the fund by government since January 2013 and all interest accruing as a result of the non-payment.
Mr. Nyamah, who is also vying for the youth organiser position of the opposition NPP, hinted that the suit would be filed if the government fails to make any “concrete attempt” to make the said statutory payments to the GETFUND.
According to him, any judgment debt that may accrue as a result of his action should be directly blamed on the Minister of Finance because he had already given the Ministry, the Attorney-General and President Mahama the statutory 30-day notice prerequisite for filing such a lawsuit.
“The good people of Ghana, including myself, have met our tax obligations including the payment of the Value Added Tax, which is deducted mostly at source from us,” he charged.
By Raphael Ofori-Adeniran
Source: Raphael Ofori-Adeniran/D-Guide
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