An Accra Circuit Court on Monday sentenced a Chinese and Ghanaian to a fine of GH¢6,000.00 each for failing to register their company with the Ghana Investment Promotional Centre (GIPC).
The two in default, would each spend six months in prison.
Ding Guo Jun, 48, engineer and Augustus Kyei Amponsah, 56, timber merchant both owners of the Tengfei Ghana Limited, pleaded guilty to the charge of failing to register their company as required by law.
Assistant Superintendent of Police (ASP) Man-Anit Sampana told the Court presided over by Mrs Ruby Ayittey that GIPC gathered that there were some foreign companies operating within the Accra Metropolis without valid license.
ASP Sampana said a letter was written to the Registrar General’s Department for more information on such companies.
Prosecution said based on these letters, it was revealed that the jointly owned company, operating under the name Tengfei Ghana Limited, located at Zongo Lane, Accra, did not have the requisite documents to exist.
GIPC through a letter, dated October 04, 2017, invited Jun and Amponsah to register their company by November 6, last year, or face the law.
The convicts received the GIPC letter on October 5, last year but still did not comply with the directives.
They were therefore processed and put before the Court.