Rock City Hotel: Bryan Acheampong Caught , As GRA Fines Him For Lying About Tax Return
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Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has presented evidence that Rock City Hotel, owned by the Minister for Food and Agriculture, Bryan Acheampong, misrepresented its tax returns, leading to a fine from the Ghana Revenue Authority (GRA).
This revelation follows Ablakwa’s opposition to the Social Security and National Insurance Trust’s (SSNIT) decision to sell 60 percent of its share.
In a recent interview on Accra-based Metro TV, Ablakwa disclosed documents indicating that Rock City Hotel reported to the GRA on March 12, 2021, expecting to incur losses for that year. However, Ablakwa alleged that the hotel failed to file tax returns for the entire year of 2022, further questioning the hotel’s financial transparency.
The Minister, Bryan Acheampong had previously refuted Ablakwa’s claims, challenging him to provide evidence. In response, Ablakwa revealed that Rock City Hotel only rectified their tax obligations after his exposé brought their financial discrepancies to public attention.
The hotel rushed to the GRA on May 23, 2024, and declared profits for 2022, a significant shift from their initial loss declaration.
“On March 12, 2021, they posted returns stating they would incur losses for the year. Two years later, on March 9, 2023, they reported a debit adjustment for two withholding taxes amounting to GH¢20,782. For the entire year of 2022, there were no filings at all,” Ablakwa disclosed.
