State Prosecutors have dragged the CEO of K. Ofori Limited and three others to court for allegedly evading tax to the tune of GH¢1.6 billion since 2013.
Frank Kwadwo Ofori, together with Hani Mikati, Marwam Hamwi and Sallam Mohammed Gharib, all officials of United Steel Company, were slapped with conspiracy to commit crime, namely fraudulent evasion of tax when they appeared before an Accra Circuit Court, presided over by Afua Owusua Appiah.
K. Ofori Limited with headquarters in Accra and branches in many parts of the country deals in building materials while United Steel Company is a steel fabrication company in Tema.
The accused persons have pleaded not guilty to the charges and have been granted bail in the sum of One-Million Ghana Cedis each with three sureties to be justified.
As part of the bail conditions, they are to deposit their passports at the court’s registry. They have also been directed to report to the police every two weeks.
They will reappear in court on June 8, this year.