GRA boss Kofi Nti fired

kwahuonlineradio March 12, 2019 0
GRA boss Kofi Nti fired

The Commissioner-General of the Ghana Revenue Authority (GRA), Mr
Emmanuel Kofi Nti and two other commissioners have been fired, Daily
Mail GH can confirm.

The other affected commissioners are Isaac Crentsil, commissioner for
customs, and Kwasi Asante Gyimah, in charge of domestic tax.

Top government officials say Nti has been informed officially about the decision and has about a month to leave office.

“We keep missing our revenue target and that is not good for a
government. There are so many leakages in the system and he’s not been
proactive to block them,” a reliable source at the Finance Ministry told
Daily Mail GH.

Nti, a Tax Policy Advisor, assumed office in February 2017.

PROFILE

Nti is a banker, economist, statistician, accountant and tax expert with
experience spanning over 30 years. He holds a combined Bachelor of Arts
degree in Economics and Statistics from the University of Ghana and a
combined Master’s degree in Economic and Financial Forecasting from the
London Metropolitan University.

He is a Fellow of the Institute for Fiscal Studies, Ghana; Fellow of the
Association of Chartered and Certified Accountants (ACCA); United
Kingdom and Member of Chartered Institute of Taxation, Ghana.

He started his career as an Economist with the Bank of Ghana where he
worked in the Development Finance, Rural Banking, Banking Supervision
and the Treasurer Departments.

He left the Central Bank as the Head of the Treasury Information
Statistics Office (TISO) of the Treasury Department where his work
involved collaborating extensively with the Research Department,
reporting on the foreign currency denominated receipts and payments
through the Central Bank, the Open Position of banks, and the Central
Bank’s Cash Flow.

He was the first Secretary of the Foreign Exchange Reserve Management
Committee that manages the Central Bank’s investments and reserves.

He worked at the Ministry of Finance and Economic Planning as a
consultant and was instrumental in the setting up of the Tax Policy Unit
(TPU) in 2006 with objectives that include: providing a platform for
developing and maintaining an effective tax policy making framework.

The TPU was tasked with providing alternative measures for growth and
stability in government’s revenues; analysis of tax policy effects on
different groups; building the requisite database and analysing the
contents for policy formulation, conducting impact assessment and
evaluation of tax policies.

The TPU collaborates extensively with the Ghana Revenue Authority which implements policies that are pioneered by the TPU.

Mr. Nti was the Head of the Tax Policy Unit at the Ministry of Finance
from 2006 to 2012 during which period he spearheaded the formation of
the Revenue Forecasting team composed of staff from the Ministry of
Finance, Ghana Revenue Authority and the Statistical Service;
introduction of the Communication Service Tax; creation of the Customer
Services Unit of the then Internal Revenue Service; and reforming the
Petroleum and Mining fiscal regimes.

Until recently he served as a Consultant Economist and Tax Expert,
Prevention of Non-Communicable Diseases Department of the World Health
Organisation (WHO)

Africa Region, working from the WHO Office in Kampala, Uganda and then as resident consultant in Ghana.

In this role, he provided technical support on economic and taxation
issues to Sub-Sahara African countries including amongst others,
providing training on various areas of economics of tobacco, technical
assistance in building South-South cooperation in the areas of tobacco
taxation, health, and economic cost studies.

He has served as an adjunct lecturer at the Ashesi University and the
Central University. At Ashesi, he taught final year Bachelor of Science
(Administration) students in International Finance while at the Central
University he taught International Trade and International Economics in
the MBA programme.

He is married with four children.




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