Local News :

Home   >   News   >   Social   >   201808
Government To Revoke Licences Of Defaulting Quarry Companies - Amewu   
 
  << Prev  |  
 
10-Aug-2018  
Comments ( 0 )     Email    Print
       
 
 
 
Peter Amewu
 
Related Stories
 
The Ministry of Lands and Natural Resources has begun an operation to clamp down on quarry companies that have been evading payment of taxes and royalties to the government.

The Ministry has, therefore, commissioned the Economic and Organised Crime Office (EOCO) and National Security to undertake both operational and financial audits of the defaulting quarry companies in order to sanction them accordingly.

The quarry companies involved those mining stones, sand, salt, clay and limestone, and those found culpable would lose their operating licences, and suffer complete shutdown of their operations.

This was announced in a press statement issued by Professor Patrick Agbesinyale, the Chief Director of the Ministry of Lands and Natural Resources, and copied to the Ghana News Agency, in Accra on Thursday.

It said preliminary investigations into the operations of some quarry companies operating in the country uncovered that only few of them have been honouring their tax and royalty obligations.

“The majority of them have for years reneged on tax and royalties obligations to the State. And yet, these are the same companies that continuously damaged and destroyed our roads through the haulage of bulk materials, including stones, rocks, sand and salt, and caused considerable damage to the environment,” the statement said.

It said Cabinet had also recommended a comprehensive operational audit of all mining companies operating in the country, adding that, the exercise would be sustained to make sure the State received her fair share of the mineral resources extracted from the land.

The statement advised the defaulting companies to redeem themselves immediately to prevent any punitive action from the government.
 
 
Source: GNA
 
 

Comments ( 0 ): Post Your Comments >>

 
 
 
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.