The General Secretary of the Mobile Money Operators Association, Evans Otumfuo, has revealed that the implementers of the Electronic Transfer
Levy E-Levy failed to engage them in any discourse concerning the operationalization of the new tax.
“We have not been consulted in any way even though we the Momo Vendors play a very crucial role in the implementation of the controversial E-Levy”, he claimed.
The General Secretary of the Mobile Money Operators Association made the revelation via a phone interview with Thelma Tackie, on the GTV Breakfast Show, Wednesday, May 4, 2022.
According to him, there has been one-way traffic since the start of the collection of the E-Levy.
“In most cases, there is corresponding traffic for momo transactions i.e., deposits, and withdrawals. But since Sunday there has been only one-way traffic. People are withdrawing without a corresponding deposit” Otumfuo disclosed.
The opposition NDC had tagged the levy as double taxation and counterproductive but the government had insisted that it was a burden-sharing initiative adopted to shore up the country’s internal revenue instead of depending on foreign aid.
Meanwhile, the Supreme Court will today, Wednesday, May 4, hear the case brought before it by three members of Minority NDC in Parliament which sought to restrict the implementation of the electronic transfer levy.
His Excellency the former President, John Dramani Mahama who has been tipped to be the NDC’s Flagbearer in 2024 said they will repeal the law back the E-Lev, when they are voted into power.
Read Also >>> #GHANA@THE CROSSROADS: E-LEVY AND WASTE OF PUBLIC FUNDS NOT THE WAY TO GO – JOHN MAHAMA
