Close Menu
NewsFile GH
  • Home
  • Local News
  • Politics
  • Business
  • Sports
  • Showbiz
  • Odd News
  • Opinion
What's Hot

Nana Akwasi Awuah: Africa’s gold refining drive signals shift towards domestic value addition

Nana Akwasi Awuah advocates African association to maximise value from gold

The Gambia secure away win over Ghana in six-goal thriller

Facebook X (Twitter) Instagram
Trending
  • Nana Akwasi Awuah: Africa’s gold refining drive signals shift towards domestic value addition
  • Nana Akwasi Awuah advocates African association to maximise value from gold
  • The Gambia secure away win over Ghana in six-goal thriller
  • Police MTTD postpones TRAFFITECH-GH implementation to Nov. 1
  • Thousands march in Women Voices Matter demo
  • UK tries to stop Trump’s diesel export ban
  • NPA launches 2026 staff welfare week with focus on teamwork & employee wellbeing
  • NDC attractive to young Ghanaians – Osman Ayariga
Facebook X (Twitter) Instagram
NewsFile GH
  • Home
  • Local News

    Police MTTD postpones TRAFFITECH-GH implementation to Nov. 1

    September 29, 2026

    Thousands march in Women Voices Matter demo

    September 29, 2026

    Police arrest three suspects over kidnap and murder of Nana Yaw Kyere

    September 28, 2026

    He lived his life in preparation for the hereafter – Bawumia pays tribute to late Dagomba Chief of Accra

    September 27, 2026

    Mahama denies knowledge of Tik Tok-related arrests; raises concerns over some cases

    September 26, 2026
  • Politics

    NDC attractive to young Ghanaians – Osman Ayariga

    September 28, 2026

    C/R: Osman Ayariga leads NDC team to vet constituency aspirants

    September 28, 2026

    Mahama administration has delivered turnaround across sectors – GoldBod CEO’s aide

    September 28, 2026

    Eric Obuaba declares intention to contest NDC National Executive position

    September 28, 2026

    ‘If NPP was ‘insensitive’ over fuel prices, NDC must accept same description now’ — Amin Adam

    September 27, 2026
  • Business

    Nana Akwasi Awuah: Africa’s gold refining drive signals shift towards domestic value addition

    September 29, 2026

    Nana Akwasi Awuah advocates African association to maximise value from gold

    September 29, 2026

    NPA launches 2026 staff welfare week with focus on teamwork & employee wellbeing

    September 29, 2026

    Yusif Sulemana pushes community benefits, national systems in Global Forest Finance Debate

    September 28, 2026

    NPP had more permanent fuel relief measures than current GH¢2 diesel cut — Amin Adam

    September 27, 2026
  • Sports

    The Gambia secure away win over Ghana in six-goal thriller

    September 29, 2026

    Black Stars lose 2-0 to Ivory Coast in AFCON 2027 qualifiers

    September 25, 2026

    Ipswich Town investigates racist abuse of Fatawu Issahaku

    September 22, 2026

    John Paintsil removed as Asst. Black Stars coach; heads to Black Satellites

    September 22, 2026

    Nine rewarded by NASCO for Man of the Match performances after GPL Week 3

    September 22, 2026
  • Showbiz

    Jay-Z rape accuser says her allegation was false

    September 25, 2026

    Gospel musician Bernice Offei recently reported missing but found dies

    September 12, 2026

    Songhai youth chief supports Teshie Homowo youth groups with GH¢50,000

    September 6, 2026

    Gospel singer Bernice Ofei safely found after being declared missing

    September 2, 2026

    Award-winning gospel musician Bernice Ofei declared missing

    September 2, 2026
  • Odd News

    More than 100,000 people in Japan are now aged 100 or older

    September 15, 2026

    Nearly three million Teslas recalled in China over hidden door handles

    August 24, 2026

    UK radio station in hot water after mistakenly announcing King’s death

    August 10, 2026

    Tokyo urges men to wear shorts to work, but some women say it’s ‘leg hair harassment’

    July 22, 2026

    Twins marry twins in joyous Nigerian joint wedding

    June 25, 2026
  • Opinion

    Beyond politics: Why Kwame Nkrumah’s ideals still matter for today’s leaders

    September 23, 2026

    Is Manasseh auditing the Auditor-General or putting Zoomlion on trial as usual?

    September 17, 2026

    The growth of Medeama SC to become the second most successful club in Ghana

    August 19, 2026

    From Promises to Poisoned Rivers: The dangerous silence fueling Ghana’s escalating Galamsey & environmental collapse

    August 17, 2026

    The June curse of a broken system

    July 31, 2026
NewsFile GH
Home»Business»Fallout of Labianca saga: Govt reverses discount on FOB value of goods and HDV of vehicles
Business

Fallout of Labianca saga: Govt reverses discount on FOB value of goods and HDV of vehicles

By newsfileghDecember 29, 20223 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp Telegram Copy Link
Share
Facebook Twitter LinkedIn WhatsApp Copy Link Email

Officers of the Customs Division of the Ghana Revenue Authority would no longer be able to offer discount on imported goods at the ports at their own discretion from 2023.

This follows government’s reversal of the policy discount on the free on board (FOB) value of general goods and the home delivery value (HDV) of vehicles.

Special Prosecutor, Mr. Kissi Agyebeng made the announcement in a press release issued on Thursday, December 29, 2023.

“The OSP (Office of the Special Prosecutor) notes, with gratification, that following its various investigations and interventions at the Customs Division, the Government has reversed the discretionary discount on the free on board (FOB) value of goods and the home delivery value (HDV) of vehicles effect 1 January 2023.”

According to the Special Prosecutor, “The new policy effectively shuts all avenues for officers of the Customs Division to grant discretionary markdowns and removes opportunity for corruption and corruption-related activities.”

Meanwhile, the release said the various investigations commenced by the OSP at the Customs Division would still proceed and would continue to monitor the implementation of the new policy.

Earlier in November 2021, the Special Prosecutor, Kissi Agyebeng, was petitioned to launch an investigation into the Customs Division of the Ghana Revenue Authority and La Bianca Company and its subsidiaries for alleged evasion of import duties since 2017.

La Bianca Company is involved in the importation of frozen foods into the country.

According to the petitioner, Frank Asare, the owner of La Bianca Company, one Eunice Hinneh, who also serves on the Governing Board of the Ghana Ports and Harbours Authority and the Council of State, has used her position to influence an arbitrary markdown on import duties.

“Complainant says that grant of the 10% markdown on legally prescribed benchmark values to the La Bianca was done arbitrarily with this known process,” the petition reads.

He revealed that this is not the first time La Bianca has been granted an illegal markdown on imported frozen products.

“On 20th April 2021, the Company was granted a 5% to 10% markdown on similar imported products contrary to the dictates of the law,” he said.

However, on 3 August 2022, the Office of the Special Prosecutor published an investigation report in respect of a complaint against Labianca Company Limited and the Customs Division of Ghana Revenue Authority.

A major finding of the investigation led to the recovery of ¢1.074 million from Labianca, which the OSP attributed to institutionalised culture of lighthearted unconcern regarding impropriety of action at the Customs Division in respect of the grant of customs advance rulings and other ruling regarding the importation of goods, which indicates a high propensity to engender corruption and corruption-related activities.

Share. Facebook Twitter LinkedIn Email Copy Link WhatsApp

Related Posts

OSP summons Deputy Minority Leader to aid GH¢70,000 ‘Vetting’ money probe

September 4, 2026By Krobea2 Mins Read

We’ll vigorously prosecute cases – OSP declares after Supreme Court ‘rebirth’

August 26, 2026By Krobea2 Mins Read

OSP to assess extortion allegations against Afenyo-Markin

August 24, 2026By Krobea2 Mins Read
Follow Us
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Recent Posts
  • Nana Akwasi Awuah: Africa’s gold refining drive signals shift towards domestic value addition
  • Nana Akwasi Awuah advocates African association to maximise value from gold
  • The Gambia secure away win over Ghana in six-goal thriller
  • Police MTTD postpones TRAFFITECH-GH implementation to Nov. 1
  • Thousands march in Women Voices Matter demo
  • UK tries to stop Trump’s diesel export ban
Top Posts

Nana Akwasi Awuah: Africa’s gold refining drive signals shift towards domestic value addition

Nana Akwasi Awuah advocates African association to maximise value from gold

The Gambia secure away win over Ghana in six-goal thriller

Police MTTD postpones TRAFFITECH-GH implementation to Nov. 1

About Us
About Us

NewsFile Gh is a comprehensive news portal that delivers up-to-date information on a wide range of topics, including politics, business, sports, entertainment etc. It provides users with real-time news updates accessible anytime and anywhere...

Email Us: news@newsfilegh.com

Facebook X (Twitter) YouTube RSS
Recent

Nana Akwasi Awuah: Africa’s gold refining drive signals shift towards domestic value addition

Nana Akwasi Awuah advocates African association to maximise value from gold

The Gambia secure away win over Ghana in six-goal thriller

Most Popular

IS leader in Afghanistan ‘killed’

July 11, 2015

‘Oldest’ Koran found at UK university

July 22, 2015

Gunman in Mahama’s church for court today

July 28, 2015
© 2026 NewsFile GH. All Rights Reserved.
  • Home
  • Politics

Type above and press Enter to search. Press Esc to cancel.