Ghana was close to US$150m Tullow tax settlement – Patrick Boamah alleges

He alleged that the government subsequently entered into proposed Terms of Settlement under which Ghana would have accepted approximately US$150 million to resolve the two tax claims involving the Ghana Revenue Authority (GRA).

Mr Boamah’s claim about the proposed US$150 million settlement and the alleged intervention by Ministry of Finance lawyers has not been independently verified from the government or the ministry in the information provided.

Okaikwei Central Member of Parliament Patrick Boamah has alleged that Ghana was close to reaching a settlement of two tax disputes with Tullow Ghana Limited for about US$150 million before a recent arbitral ruling in favour of the country.