Thursday, March 28, 2024
HomeMaritime NewsNPA Suspends Nick Danso’s Misyl Energy ...... For Tax Evasion

NPA Suspends Nick Danso’s Misyl Energy …… For Tax Evasion

The National Petroleum Authority (NPA) has suspended Misyl Energy Company Limited, a subsidiary of the Link Group of Companies.

Misyl Energy Company Ltd belongs to Nick Danso.

Misyl is accused of engaging in activities that led to the loss of tax revenue to the government.

Nick Danso has been in the news lately, after he was awarded a 10-year sole-sourced contract by the Ministry of Trade and Industry to operate a third Single Window company at the ports.

A statement issued by the Corporate Affairs Division of the NPA named the companies as Union oil Ghana Limited, Agapet Limited, Excel Oil Company Limited, Misyl Energy Company Limited and Globex Energy Company Limited. They have been suspended for a period of one month.

The others are Petro Afrique Company Limited, Life Petroleum Company Limited, Unique Company Limited who have been suspended for a period of three months.

The NPA has consequently asked the affected companies to desist from engaging in the sale, supply, transportation, discharge and receipt of petroleum products for the duration of their suspension.

“The public is therefore advised to desist from doing business with or report any infringement on the part of the listed companies to the NPA,” the statement said.

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