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Ban sports betting instead of taxing – Minority leader to gov’t

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Ban sports betting instead of taxing - Minority leader to gov't

Dr Cassiel Ato Forson, Ranking Member of Parliament’s Finance Committee, has urged on the government to outlaw sports betting rather than tax it.

He argues that the activity is harming Ghanaian youth and that it should be controlled rather than taxed.

“Ghana today, we are complaining that this gambling is destroying our youth. I have read a number of articles on this. I would have thought the government will come out with a policy to restrict gambling and to even ban it,” he said.

Speaking on PM: Express on JoyNews on Monday, the former Deputy Finance Minister stated that the government should not place too much emphasis on tax mobilisation at the expense of residents.

Dr Ato Forson stated, “Running a country is not all about money.” You must also safeguard society.”

In its 2021 budget submitted to Parliament, the government predicted an annual income loss of more than GHS 300 million owing to leakages in the gambling business.

The Ministries of Finance and Interior have been entrusted with co-supervising the gaming business and consulting with stakeholders in order to develop a comprehensive strategy to boost income mobilisation from this source.

However, the Ranking Member of Parliament’s Finance Committee proposes that the government use the Tax Exemption Bill rather than taxing people and corporations.

“Exemption Bill alone can rake in 2.5% of GDP. Instead of government of Ghana going back to push that Exemption Bill; they have decided to tax us because that is easy” the MP for Ajumako-Enyan-Esiam said.

Kojo Oppong Nkrumah, the Information Minister, opposes the country’s prohibition on gaming firms. According to him, gambling is not one of the activities prohibited by law in Ghana, but the government may levy greater taxes on the sector, similar to what it does on commodities like cigarettes and alcohol.

“The government is saying that it is noticeable that the gambling space is opened up with a lot of online betting platforms. Just like it does with the National Lottery Authority, it will like to ensure that the proper taxes are accrued from there. It will be double standards if you are allowing NLA and banning all of this one.” MP for Ofoase-Ayirebi said.

Mr Oppong Nkrumah is sceptical of the likelihood of using the Tax Exemption Bill to generate income.

He did, however, advocate implementing a tax on Physical Electronic Devices as one of the most certain ways for the state to acquire cash.

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Menzgold: NAM1 enters a not guilty plea to allegations of money laundering, fraud, and other offences

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In 2019, the Attorney General launched an inquiry on NAM 1, accusing him of scamming hundreds of clients out of millions of Ghana cedis through his gold dealership enterprise. The case was adjourned numerous times until new charges were brought on August 30, 2023. Mr Appiah Mensah stated plans to unfreeze locked up cash of Menzgold clients in exchange for 650 for verification. Following that, he altered his intention to force former clients to obtain a verification access card in order to authenticate transactions and confirm claims, despite substantial public and consumer outcry.

Nana Appiah Mensah, the former CEO of Menzgold, also known as NAM 1, has pleaded not guilty to all 39 charges of wrongdoing.

Nana Appiah Mensah, widely known as NAM 1, was charged with 39 counts of crimes, including money laundering abetment, deceiving by false pretences, carrying out deposit-taking without the required licence, unlawful deposit-taking, and money laundering.

This is a decrease from the 61 counts originally filed against him.

In 2019, the Attorney General launched an inquiry on NAM 1, accusing him of scamming hundreds of clients out of millions of Ghana cedis through his gold dealership enterprise.

The case was adjourned numerous times until new charges were brought on August 30, 2023.

Mr Appiah Mensah stated plans to unfreeze locked up cash of Menzgold clients in exchange for 650 for verification.

Following that, he altered his intention to force former clients to obtain a verification access card in order to authenticate transactions and confirm claims, despite substantial public and consumer outcry.

Source: myjoyonline.com

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Limited Voter Registration: Two people detained for attempting to register twice

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Meanwhile, some party operatives are pleased with the outcome thus far.

Two people were detained in Asokore Mampong Municipality for allegedly attempting to double register in the current Limited Voters’ Registration Exercise.

According to Municipal EC official Angela Afriyie Osei, the two suspects were apprehended after being validated as people existing in the Electoral Commission’s database.

As a challenge to the procedure, Madam Angela Afriyie mentions duplicate registration and efforts to register minors.

“The challenge we have been facing is about the double registration. At times when applicants come and we interrogate them, they insist he or she hasn’t registered before but when they go to the biometric column then it will come out that the person has registered.

“At the moment, we’ve handed two to the police. On male and a female. Another issue is also with the registration of minors,” she indicated.

Meanwhile, some party operatives are pleased with the outcome thus far.

“So far, we are satisfied with the entire process except some few challenges but that aside, we are very much comfortable with the process. All in all, everything is great,” an agent told JoyNews.

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Black Sherif prophesy: Prophet Nigel Gaisie makes u-turn

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"We see in bits and pieces, and what I saw in the spiritual realm is Sherif Black, but any logical person can make projections and deductions from it." If I hear a prophecy about Ako and my name is Akosua, I will definitely act on it," he said in parables. Regardless, the man of God exhorted those who were convinced of the prophecy to fast and pray in order to avoid death. Prophet Gaisie, who dismissed charges that his doom prophecies concerning celebrities are only for fame, stated that he will quit making them public in order to prevent insults and derision.

Nigel Gaisie, the founder and head of the Prophetic Hill Chapel, has stunned Ghanaians by backtracking on his prophecy regarding artist Black Sherif.

Prophet Gaisie had a vision in which he witnessed the mother of musical sensation Black Sherif sobbing excessively in a post on his official Facebook page.

As a result, he pushed the musician to seek safety before December, implying his impending death.

However, in a recent interview, Prophet Gaisie clarified that the prophecy is for a particular Sherif Black and not the Konongo-based performer.

“We see in bits and pieces, and what I saw in the spiritual realm is Sherif Black, but any logical person can make projections and deductions from it.” If I hear a prophecy about Ako and my name is Akosua, I will definitely act on it,” he said in parables.

Regardless, the man of God exhorted those who were convinced of the prophecy to fast and pray in order to avoid death.

Prophet Gaisie, who dismissed charges that his doom prophecies concerning celebrities are only for fame, stated that he will quit making them public in order to prevent insults and derision.

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