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‘GRA has become like a terrorist organisation’ Alhassan Andani critiques tax regime [Video]

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A former CEO of Stanbic Bank, Alhassan Andani, expressed sharp criticism of the tax administration, describing the Ghana Revenue Authority (GRA) as operating like a “terrorist organization” in its dealings with businesses.

Speaking at the recent Ghana CEO-Presidential Gala Dinner, Mr. Andani argued that Ghana’s current tax system is suffocating the private sector, hindering business growth, and fueling corruption.

“I know a number of organizations; when GRA gets into their space, it’s as if they deliberately do it in order to wriggle people’s arms to take money,” he said.

He described how many CEOs and businesses now feel a sense of dread when dealing with GRA officials, saying, “When GRA is coming, it’s like some terrorists coming.”

Mr. Andani underscored the pressing need for tax reforms to simplify, rationalize, and reduce the number of taxes businesses face.

He pointed out that some companies grapple with as many as 33 different …

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