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The Electricity Company of Ghana (ECG) loses GH¢3.2 billion revenue to power theft, Dr Matthew Opoku Prempeh, Minister of Energy, has said. The phenomenon, he said, was having negative financial repercussions on the nation's power distributor regarding raising funds for its operations and maintenance of its equipment and infrastructure. It…
The chief executive of HM Revenue and Customs said that in 18 months' time a task force set up to recoup the money is expected to have clawed back only £2.3billion.
BBC News Published Two people have been arrested over a suspected £3.4m furlough scheme fraud. The man, 35, and woman, 36, from Bradford, were also interviewed in relation to a suspected multi-million-pound tax fraud, officials said. More than £6m held in bank accounts controlled by the pair has been frozen by HM Revenue and Customs (HMRC). Both were held on suspicion of cheating the public revenue, VAT evasion and money laundering. They have since have been released under investigation. The Coronavirus Job Retention Scheme (CJRS), commonly called the furlough scheme, was launched in March ...