PRESIDENT MAHAMA ORDERED TWENTY PERCENT TATA CONSULTANCY SERVICES WAIVER FOR POLITICAL GAIN

The approval by Parliament on Tuesday 18 November 2025 of a waiver of a 20% withholding tax and Value Added Tax (VAT) on the income of TCS, amounting to approximately $10.46 million was made on a contract adopted and renegotiated by President Mahama’s government based solely on the benefits accruable to the family, friends, and cronies of the government and the reciprocal diplomatic and international relationship capital to be gained from the transaction for the Ghanaian and Indian governments.