For tax evasion, GRA is pursuing Nana Kwame Bediako, aka “Cheddar.”
In the upcoming general elections in Ghana, Nana Kwame Bediako, popularly known as “Cheddar,” has declared his candidature for president. However, the Ghana Revenue Authority (GRA) has accused him of tax evasion.
Cheddar was fined GH¢50,000.00 for failing to file personal income tax returns from 2013 to 2016, according to a trustworthy source at the GRA.
“He once again failed to file his returns for the post-2020 period, despite settling a sum of GH¢209,171.00 between 2018 and 2020,” the source claimed.
According to the source, Cheddar’s tax assessment for the years 2021–2022 was estimated by the GRA to be GH¢2,088,228 and GH¢5,096,536 respectively, plus penalties for not filing his personal income tax returns.
In the upcoming general elections in Ghana, Nana Kwame Bediako, popularly known as “Cheddar,” has declared his candidature for president. However, the Ghana Revenue Authority (GRA) has accused him of tax evasion.
A dependable source at the GRA stated that Cheddar was fined GH¢50,000.00 in total for neglecting to file personal income tax returns between 2013 and 2016.
The source stated, “He once again failed to file his returns for the post-2020 period, despite settling a sum of GH¢209,171.00 between 2018 and 2020.”
According to the source, Cheddar’s tax assessment for the years 2021–2022 was estimated by the GRA to be GH¢2,088,228 and GH¢5,096,536 respectively, plus penalties for not filing his personal income tax returns.
The source expressed worries about Cheddar’s role in a tax evasion scandal, saying it calls into question not only his financial behaviour but also his dedication to the advancement of the country.
According to the source, “his actions set a worrisome example for the ethical standards expected from individuals in influential positions.” He was a presidential candidate and a self-proclaimed saviour of Ghana.
The GRA’s hefty fines underscore the gravity of Cheddar’s tax evasion and the need for accountability and openness, particularly from those who profess to support national advancement.
The source underscored the significance of personal income tax as a vital repository of data concerning an individual’s asset holdings and investment endeavours.
It is essential for locating possible undeclared or dubious income, including transactions like asset purchases. The ongoing refusal to pay fines rather than merely reporting income raises more serious concerns about the sincerity and moral character of a candidate for president, the source added.
It should be highlighted that this scandal is about more than just a person’s failure to pay taxes; it is also about the effects of tax evasion on society and comparing the words of an aspirant president to his actions. The resources available for vital public services, infrastructure development, and initiatives to end poverty are reduced by tax evasion, the source claimed.
BY: TIMES REPORTER
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