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Sanction oil firms over unpaid surface rents – Auditor-General to PC, GRA
By Kizito CUDJOE The Auditor-General has directed the Petroleum Commission (PC) and Ghana Revenue Authority (GRA) to impose statutory penalties on International Oil Companies (IOCs) which fail to pay surface rental fees on time, warning that persistent defaults are eroding petroleum revenues and exposing weaknesses in enforcement of the country’s upstream fiscal regime. This directive […]
The post Sanction oil firms over unpaid surface rents – Auditor-General to PC, GRA appeared first on The Business & Financial Times.
Source: thebftonline.com
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