Ghanaian businessman now turned-politician Nana Kwame Bediako, popularly known as Cheddar, has been entangled in a web of tax evasion scandals as per documents obtained from the Ghana Revenue Authority (GRA).
The estimated total of taxes evaded by Cheddar has surpassed GHC7 million, posing serious questions about his commitment to transparency and financial responsibility, especially in light of his presidential aspirations.
According to reports from both the Ghanaian Times newspaper and Asaase Radio, the GRA documents reveal a troubling pattern of non-compliance with tax regulations.
Between 2013 and 2016, Cheddar incurred penalties of GHC15,222, GHC14,492, GHC13,760, and GHC6,526 for neglecting to file personal income tax returns. While he seemingly complied for the tax years 2018, 2019, and 2020, the disconcerting trend resurfaced in 2021 and 2022.
The leaked documents highlight staggering amounts of tax evasion, totaling GHC2,088,228 for 2021 and GHC5,096,536 for 2022.
These revelations come at a critical juncture as Cheddar, whose presidential bid is centered on ushering in a new era of development and change in Ghanaian politics, now faces a clear litmus test. The consistent failure to fulfill even the most fundamental civic duty – paying taxes – casts a heavy shadow over Cheddar’s credibility and raises concerns about his suitability for a leadership role.
This adds to the mystery surrounding his source of wealth – Cheddar in a now popular interview revealed that he made his first one million pounds by selling scraps in the UK at the age of 21.
Source: OccupyGh.com
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