Unidentified owners of unregistered companies came under fire when the Registrar-General’s Department announced that it will clamp down on them provided they do not declare their names and assets. According to the Registrar General, unveiling the true owners of resources was critical particularly for developing countries like Ghana to enable investors to manage risks and feel comfortable investing in the ...

Majority Leader in Parliament, Osei Kyei Mensah Bonsu, has suggested that Parliament might opt for a forensic audit into the alleged bribery scandal involving the purchase of aircrafts between Airline manufacture, Airbus, and government officials under the Mahama administration. According to him, asides the President directing the matter to the Special Prosecutor, Parliament could explore the options of calling for ...

A United States of America Court document has revealed gory details about how the National Democratic Congress (NDC) government under Prof. Mills and Mahama took bribes and allowed European aircraft manufacturer, Airbus SE, to supply the Ghana Armed Forces with uncertified aircraft that can best be described as ‘Kokompe’ planes. According to the US Court which is enforcing a judgement ...

Legal Practitioner, Captain Nkrabea Effah-Dartey says former president Mahama’s ambition to run for another term in office will be over if he is implicated in the Airbus bribery scandal. On January 21 this year, the Crown Court of England in Southwark fined aeroplane manufacturer Airbus over £3 billion after a Differed Prosecution Agreement was reached between the Serious Fraud Office ...

Former Ghana coach Kwasi Appiah has opened up on the supposed role of former president John Mahama in his sacking as Black Stars coach in 2014. Appiah was relieved of his post as head coach of the Black Stars in 2014 after leading the team to its worst finish at the World Cup. Appiah’s axing came in the wake a ...

The New Patriotic Party (NPP) Youth Organizer in the Ashanti Region, Mr. Dennis Kwakwa has admonished the 2020 flagbearer of the opposition National Democratic Congress (NDC), Mr. John Mahama to resign as the party’s presidential candidate as a bribery scandal involving Airbus, Europe’s largest aerospace multinational, has opened a whole conversation on a corruption subject involving the former president and ...

Governor of the central bank, Dr Ernest Addison, has disclosed that the Receivers of collapsed banks and financial institutions have so far recovered GH¢1.4 billion cedis representing only 8 percent in assets of depositors locked up funds. According to him, the recovery progress, in terms of recouping the funds, has rather been slow but says there’s an effort to recover ...

Oil prices fell on Monday to their lowest in more than a year, dragged down by worries about lower demand in top crude importer China after a new coronavirus outbreak spread from there to about 20 other countries. Brent crude was at $56.26 a barrel by 9.26 am GMT, down 36 US cents. Prices dropped by more than a $1 ...

Ghana’s cedi, the world’s best-performing currency against the dollar this year, extended its advance on Monday as investors await a Eurobond sale that would bolster the government’s coffers. The currency of the world’s second-biggest cocoa producer has strengthened 3.9% in 2020, the most among more than 140 currencies tracked by Bloomberg, a turnaround from last year, when it weakened 13%. ...

Founder of the Progressive People’s Party (PPP), Dr Papa Kwesi Nduom under the John Mahama administration noted with concern, the poor state of the Ghanaian economy as well as the president’s appointments. The report which was originally published by graphic.com.gh made reference to Dr Nduom’s Facebook post in which he lamented the dwindling state of affairs and the president’s seeming ...