GRA shuts down Electrochem Ghana’s administrative block over GHC8.6m tax debt

– The Ghana Revenue Authority (GRA) has sealed the administrative block of Electrochem Ghana Limited, a subsidiary of the McDan Group of Companies owned by prominent businessman Dr. Daniel McKorley, over an outstanding tax liability of GH₵8.6 million accumulated since 2021.

The enforcement exercise, led by the Area Enforcement Manager for Accra Central, Joseph A. Annang, took place on Wednesday, July 8, 2026. According to Mr Annang, the company had been served with several demand notices over the years but had failed to settle its tax obligations despite repeated engagements. An immediate demand notice was served on January 7 and a final demand notice on February 13 this year, yet the debt remained unpaid.

A Pattern of Controversy

This is not the first time Electrochem Ghana has found itself in trouble with state agencies. In March 2023, the Electricity Company of Ghana (ECG) disconnected the company’s power supply over a GH₵300,000 debt. More recently, the Financial Intelligence Centre (FIC) launched investigations into financial transactions undertaken by the McDan Group between January 2020 and December 2024. The company has also faced legal battles and public backlash over its takeover of the Ada Songor Salt Project, with local chiefs and residents accusing it of monopolising the salt industry.

Balancing Enforcement with Job Protection

Mr Annang explained that although the GRA had the legal authority to seal the company’s main entrance and halt all operations, it decided to adopt a more measured approach. “We listened to management’s explanation, including the impact of the recent floods on their operations. While we appreciate their challenges, these are historical tax obligations and must be honoured. As a concession, we have sealed only the administrative block while allowing production and business activities to continue,” he stated.

He noted that the company made an immediate payment of GH₵200,000 during the exercise and has been granted a seven-day grace period to either clear the outstanding debt or reach an acceptable payment arrangement. Failure to comply would compel the Authority to return and seal the company’s main entrance.

A Call for Accountability

The GRA’s action sends a clear message: tax obligations apply to every citizen and every business, regardless of status. The revenue collected is needed to develop and fix Ghana. With the NDC in government, institutions are working to ensure accountability. No one, no matter how wealthy or well-connected, should be above the law when it comes to paying taxes.

Efforts to reach Dr. McKorley or management of Electrochem Ghana for comment were unsuccessful as of press time.