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Suspend renegotiated AMERI, Karpower deals — Minority

Minority

The Minority in Parliament has called on the government to, as a matter of national interest, suspend the renegotiated Ameri Power and Karpower deals, saying they are riddled with scandalous content and are a rip-off.

Presenting the position of the Minority on the deals at a press conference in Accra yesterday, Mr John Jinapor, the Member of Parliament for Yapei/Kusawgu and former Deputy Power Minister, said the government should rather make the details available for broader public scrutiny before going ahead with the deals.


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Consolidated Bank Ltd takes over assets of 5 collapsed banks

The Banks

The Bank of Ghana (BoG) has revoked the licences of five banks and subsequently merged them into a new bank — the Consolidated Bank Ghana Limited — to be headed by Mr Nii Amanor Dodoo of KPMG.

The entities — the uniBank, the Royal Bank, the Sovereign Bank, the Construction Bank and the BEIGE Bank — were found to have committed various regulatory and financial breaches that made them insolvent and unfit to continue operations.


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Why Spio-Garbrah will be good NDC flagbearer' essay competition launched

Dr Ekwow Spio-Garbrah

A flag bearer aspirant of the National Democratic Congress (NDC), Dr Ekwow Spio-Garbrah, has observed that the success of the NDC in the 2020 election will depend largely on how the party's elected communicators will market the party's messages and Presidential candidate.

He has stressed the need for NDC communicators to develop more interest in research to sharpen their communication skills.


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Govt, banking consultant back BoG move

Dr Ernest Addison — Governor, BoG

Dr Ernest Addison — Governor, BoG

Moments after the announcement of the revocation of the licences and subsequent merger of the five local banks by the Bank of Ghana (BoG), Banking Consultant, Nana Otuo Acheampong, backs the move by the central bank, saying it will bring certainty in the ongoing recaptalisation drive.

“This is good news because this move will protect depositors’ funds and strengthen the banking sector and make it more solid,” he stated.


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EOCO indicts Ernest Thompson, four others in SSNIT software scandal

Ernest Thompson and Caleb Afaglo

Four people, including the former Director General of the Social Security and National Insurance Trust (SSNIT), Mr Ernest Thompson have been indicted by the Economic and Organised Crimes Office (EOCO) for causing financial loss to the state.

The others are Mrs Juliet Hasana Krama, CEO of Perfect Business System (PBS), John Hagan Mensah, former OBS Project Manager at SSNIT and Caleb Afaglo who was General Manager of Management Information Systems (MIS) at SSNIT.


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Defunct Capital Bank founder Ato Essien released after detention

William Ato Essien

The Economic and Organised Crimes Office (EOCO) has granted bail to Mr William Ato Essien, the founder of collapsed bank, Capital Bank after detaining him overnight.
EOCO invited Mr Essien on Tuesday April 17 to assist with ongoing investigations into circumstances leading to the collapse of the bank in August last year.

Its Executive Director, Mr K. K. Amoah, told Graphic Online Wednesday that the detention was “part of the investigation process.”


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AGI presses for access to funding, further reduction of utilities

Issues of Power supply and cost, finance and labour continue to impede the growth of indigenous businesses and companies in Ghana despite government interventions in promoting industrialization and job creation.

The Association of Ghana Industries (AGI) says, even though the Akufo-Addo government has abolished some nuisance taxes for industry, reduced tariffs and utility cost, industries still struggle to produce at full capacity.


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Double salary: Blame Ghana’s financial management architecture – Prof Bawole

Prof. Justice Bawole wants MPs to be told how much they would earn when they take office.

A public policy expert is blaming the lack of a database for public servants as the reason some John Mahama appointees received double salaries.

Prof. Justice Bawole believes the existence of a system which captures data of all government workers, would easily detect such payments once the details appear in multiples.


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I received MP's salary, top-up as minister- Pelpuo

Dr Rashid Pelpuo

The second batch of ex-government appointees suspected to have taken double salaries have taken their turn at the Police Criminal and Investigative Department, Wednesday to prove their innocence.

Dr Rashid Pelpuo, MP for Wa Central, Acquinas Tawiah Quansah, MP for Mfantseman and Fifi Kwetey MP for Ketu South were present at the police CID in the company of their lawyers to explain to investigators how they ended receiving double salaries as MPs and ministers while serving under ex-president John Mahama.


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WASSCE candidate, 4 others arrested over murder of aeronautic engineer

Prince Kwabena Kumi, was on his way to surprise his mother during the Easter holidays.

A teenager sitting for ongoing West Africa Senior Secondary School Certificate Examination (WASSSCE), has been arrested together with four others on suspicion of murdering an aeronautic engineer, at Akroso near Oda.

The suspects are Samson Anim, driver of the Hyundai bus the victim boarded before he died, Ebenezer Asante, Samuel Peprah, Frank Konadu and Emmanuel Okyere, the 18-year-old who is writing the WASSSCE.

Okyere has, however, been granted police inquiry bail on "compassionate grounds" to enable him to continue with the examinations.


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