Pru East Lawmaker Dr Kwabena Donkor has noted that Ghana has allowed racketeers and fraudsters to enter the petroleum industry to siphon taxes and go away.

He asked the government to recover an amount of ¢650million in petroleum taxes from Oil Marketing Companies (OMCs).

Addressing a press conference in Parliament on Wednesday, the former Power Minister said the OMCs cannot continue to keep these moneys.

He further indicated that the Auditor General’s report for 2021 has revealed massive rots in the petroleum sector.

“Over ¢650 million is out there from taxes that you and I have paid on petroleum products and we have consumed which have been not been collected from Oil Marketing Companies,” he said.

He added “We have allowed racketeers, we have allowed fraudsters to come into the industry and siphon taxes and then go away, these are only the taxes owed to the state.”