According to Sam Nartey George, Member of Parliament for Ningo Prampram, there are currently panic withdrawals on Mobile Money transactions by a portion of Ghanaians.
The panic withdrawal, he claims, is due to the upcoming resubmission of the contentious E-Levy in parliament.
“Panic withdrawals hit MoMo agents as word of E-return Levy’s to Parliament filters out,” he said on Facebook. “May God help the Republic.”
Meanwhile, a government delegation led by Ken Ofori-Atta was unable to achieve an agreement with the Minority on the E-Levy problem today.
The conference ended inconclusively, according to Ghanaweb sources, as the government insisted on a 1.75 percent fee on E-levy transactions.
The Minority, on the other hand, questioned the purpose of the engagement if the administration keeps the E-levy at 1.75 percent.
Furthermore, the government plans to propose the E-Levy before the House on Tuesday, February 1, after meeting with stakeholders and some members of the public.
The government organized a town hall meeting in Koforidua as part of the consultations to engage members of the Ghanaian public on the E-Levy.