News From ghana

€5m Airbus Saga: US court nails kingpin and brother

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 ...

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Airbus scandal can end Mahama’s presidential ambition – Effah-Dartey

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 ...

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Airbus scandal: Resign as NDC flagbearer – Youth Organizer to Mahama

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 ...

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Oil falls to nearly $56 a barrel, its lowest in a year

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 ...

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Ghana cedi ranked best performing currency in the world against the dollar – Bloomberg

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%. ...

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FLASHBACK: I feel sorry for Mahama and Ghana – Dr Nduom

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 ...

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Mahama’s alleged Airbus corruption scandal: Has Amidu been vindicated?

The recent chilling news that Europe’s aerospace multinational, Airbus, has conceded paying huge bribes to Ghana in order to secure contracts during Mills/Mahama administration between 2009 and 2015, has somehow reinforced Mr Martin Amidu’s previous allegations that the late Mills set up a Committee to investigate his then Vice President Mahama over the dubious aircraft deals. To some of us, ...

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