GRA shuts down administrative block of McDan Electrochem over GH₵8.6m tax debt

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GRA shuts down administrative block of McDan Electrochem over GH₵8.6m tax debt

The Ghana Revenue Authority (GRA) has partially sealed the administrative block of Ghanaian businessman Daniel McKorley, popularly known as McDan’s Electrochem Ghana, over  GH₵8.6 million tax debt.

According to reports, the GRA shut down the administrative block of Electrochem Ghana over  GH₵8.6 million tax debt accumulated since 2021.

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The move follows an initial payment of GH¢200,000 by the company; the GRA has given Electrochem seven days to clear the outstanding balance.

The Authority has also cautioned that failure to settle the debt within the deadline could result in additional enforcement measures.

In related news, the Ghana Airport Company Limited (GACL) has warned potential buyers to stay away from acquiring a litigation land located on the Spintex Road, being sold by the McDan Group of Companies. 

In a public notice titled, “Buyer Beware the GACL warned potential buyers of ongoing unauthorised commercial activities regarding its lands located on the Spintex Road, adjacent to and opposite Action Chapel International.

According to the GACL statement, the land, which measures approximately 16 acres lands is a subject of litigation in the Court.

In the public notice, the GACL stated, “The Management of Ghana Airports Company Limited (GACL) wishes to draw the attention of the general public, prospective land purchasers, and real estate developers to ongoing unauthorised commercial activities regarding its lands located on the Spintex Road, adjacent to and opposite Action Chapel International.

It has come to the notice of GACL that the said land, which measures approximately 16 acres, is_allegedly being offered_ for sale by Airport Logistics Limited and McDan Shipping Company Limited, which companies fall under the McDan Group of Companies. GACL categorically states that the said land is a subject of litigation in the Court. For the avoidance of doubt, the High Court (Land Division), Accra, delivered judgment in favour of GACL on 6th May 2025, granting GACL the right to re- enter and to take possession of the said lands.

Although McDan Group has subsequently filed an appeal against this decision, the matter remains pending before the Court of Appeal for final determination, the status of the land remains sub judice. Consequently, no party has the lawful authority to dispose of, lease, or transfer any interest in the disputed lands while the judicial process is ongoing.

THE GENERAL PUBLIC IS HEREBY STRICTLY ADVISED AND CAUTIONED TO DESIST FROM ENGAGING IN ANY LAND TRANSACTIONS, NEGOTIATIONS, OR PAYMENTS PERTAINING TO THESE LANDS. NOTICE IS HEREBY GIVEN THAT ANY PERSON OR ENTITY WHO ENTERS INTO ANY TRANSACTION COVERING THESE PARCELS OF LAND DOES SO AT THEIR OWN RISK. GACI SHALL NOT RECOGNIZE ANY THIRD-PARTY INTERESTS CREATED DURING THE PENDENCY OF THIS LITIGATION AND RESERVES THE RIGHT TO TAKE FULL LEGAL ACTION TO PROTECT ITS ASSETS.

Please take notice accordingly”.

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