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The Ashanti Regional chairman of the New Patriotic Party, Mr. Bernard Antwi-Boasiako, has responded angrily to claims by the minority in Parliament that it is needless for ex-president John Dramani Mahama  to be probed over his involvemnt in the transfer of some GH¢40 million from the Bulk Oil Storage and Transportation (BOST), to the presidency, through an account allegedly run by ...

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Gov’t terminates 11 Power Purchasing Agreements signed under Mahama

Government has terminated eleven out of the thirty Power Purchasing Agreements (PPAs) signed by the Electricity Company of Ghana(ECG) during the previous administration. This follows a recommendation by a review committee led by the Energy Commission, which was constituted by the Ministry of Energy to review all the PPAs signed by ECG. Aside the cancellation, the Committee also recommended that ...

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Financial stability: World Bank gives Ghana $30m support

The World Bank has approved a $30 million International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability. The support is also to improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers. Commenting on the gesture, the World Bank Country Director for Ghana, Henry Kerali ...

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$137m procurement breaches detected at Ghana Gas « PrevNext »Comments (58) Facebook Twitter Google+ Email This Print This Kwesi Botchwey1 1 Dr. Kwesi Botchwey was a Board Chairman of the Ghana National Gas Company Procurement irregularities amountin

Procurement irregularities amounting to a whopping US$137,861,127.15 have been uncovered at Ghana National Gas Company during the erstwhile administration of John Mahama. A forensic audit conducted by Morrison and Associates has detected that helicopters purchased from China National Aero Technology Import and Export Corporation (CATIC) by Ghana Gas “have never been used for purpose of its purchase.” According to the ...

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I’m ready to be handcuffed over Forensic Audit – Valerie Sawyerr to Akufo-Addo

Former Deputy Chief of Staff under the erstwhile John Mahama administration, Madam Valerie Sawyerr has said she is ready to be ‘shackled’ over a forensic audit that allegedly implicated her as a board member of Ghana Gas. “Your Excellency, President Nana Addo Dankwa Akufo-Addo, my name is Valerie Sawyerr, and my wrists are ready for your shackles!!!” Read the long ...

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Ghana Gas audit report smokescreen to divert attention – Edudzi

Private legal practitioner Edudzi Tamakloe has described as façade the forensic audit report on the Ghana National Gas Company. According to him, the forensic audit which uncovered a whopping US$137,861,127.15 in procurement breaches at the company under the Mahama administration is nothing but a smokescreen to divert attention from the litany of corruption scandals that has rocked the government. “At ...

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Banks should serve farmers; not the other way round – Netherlands Ambassador

Netherlands Ambassador to Ghana, Ronald Strikker has backed the agricultural sector as the engine of the country thus admonishing the financial sector to serve it in order for the economy to thrive. Speaking at the launch of Hortifresh; an agriculture-based programme aimed at establishing a sustainable and internationally competitive fruit and vegetable sector that contributes to inclusive economic growth, food ...

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ATL awarded contract to provide textiles for NABCO uniforms – Bawumia

The Volta Aluminium Company (VALCO) and Akosombo Textiles Limited (ATL) are back in operation following government’s intervention, Vice-President Dr. Mahamudu Bawumia has revealed. He said through the provision of incentives to both local and foreign industries, the two well-known industries which had shut-down because of high production cost, have been revived – with many other dormant industries also at various ...

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