Transferring money to customers through mobile money agents is illegal – The Technical Committee for the E-Levy has issued a warning.

The implementers of the contentious E-Levy have expressed worry that some mobile money clients are giving their money to Mobile Money agents to send to a third party on their behalf in order to avoid paying the tax. 

As a result, Patrick Frimpong Danso, a member of the E-Levy Technical Committee, has stated that the act is so improper and virtually criminal. Mr Danso, speaking on UTV Mpu Ne Mpu, said that agents are only supposed to do cash ins and cash outs for customers. 

He urged telecoms network companies to educate their clients about the rules and encourage customer money transfers. 

"Ghanaian law prohibits individuals from transferring money through an agent. This is against the law for agents to do. The agents are well aware that taking money from a consumer to send to a receiver is against the law. Customers must do two things when they visit an agent: cash in and cash out," he explained. 

"They've urged the telecoms to educate their members on matters like this," he continued, "and they've even informed us that if the agent is caught by the telcos, the agent faces blocking." 

It will be recalled that on Tuesday, March 29, 2022, Finance Minister Ken Ofori-Atta moved a resolution in Parliament to pass the E-Levy bill at a lowered rate of 1.5 percent.


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