I have only 22 pesewas left in my MoMo account – Sam George

Member of Parliament for Ningo-Prampram Constituency Sam Nartey George says the supposed passage of the Electronic Transfer Levy Bill will see a drop in mobile transactions.

He said he has already withdrawn all his monies and has only GHp22 left in his account.

He made this known on Wednesday, March 30 when he joined discussions on TV3‘s New Day.

The e-levy, as the Bill is popularly known, was passed on Tuesday, March 29 but in the absence of the Minority.

Led by Leader Haruna Iddrisu, the Minority walked out prior to the third and final reading of the Bill.

Notwithstanding, Speaker Alban Sumana Kingsford Bagbin chaired proceedings until the Majority, who went through the remainder of the sitting alone, passed the Bill.

There have been fears that the Bill will lead to a drop in mobile transactions, which are topping GH¢3 trillion per year, according to experts.

Government is seeking to rake in about GH¢5 billion per year as revenue from the levy.

But Sam George insists that the e-levy, as far as as the Minority is concerned, has not been passed and members will seek a Supreme Court interpretation on the votes cast on Tuesday.

He, however, noted that Ghanaians will be discouraged from transacting business online with the coming in of e-levy.

Source;3news