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29.12.2006 General News

CID To Arrest CEO Of White Chapel

29.12.2006 LISTEN
By GNT

The Criminal Investigation Department (CID) of the Police Service is on the verge of causing the arrest of the Chief Executive of White Chapel, after officials of the company heckled officers of the Value Added Tax (VAT) Service, when they went to their premises to close down the company.

White Chapel was closed down last week after they failed to file their returns amounting to two billion, four hundred and twenty eight thousand, three hundred and six cedis.

However, in a twist to the event, the company opened its doors to the general public during the yuletide celebrations, despite the order by the VAT Service.

Eye witnesses say when VAT officials attempted to proceed with the closure, they were heckled by some workers of the company.

Revenue official of the Debt Enforcement Department at the VAT Service, Mr Henry Sam in an interview with Ghananewstoday said that it has become necessary for the CID to effect the arrest of the CEO, since his workers flouted the law by heckling officials of the revenue agency.

He said the goods from the company will be auctioned for sale after fourteen days, if they fail to settle the returns.

VAT expects to generate an amount of 3.4 trillion cedis by way of revenue this year.

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