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Wednesday, March 31, 2010
Kufuor shows up in court in GIA trial
Thursday, March 25, 2010
Carl Wilson Busted In Multiple Car Thefts
Alex Segbefia's boy, Carl Wilson, has been busted in the web of car stealing.
The lies he told on Asempa Fm yesterday were exposed when National Security operatives at about 4:00 pm arrested a 4×4 Chrysler Pacifica Wagon he illegally sold to one of his cronies.
The Chrysler with identification number 2A8GF78X37F365174 got missing from the Tema port under very obscure circumstances. It was realized that forged documents were used to clear the car from the port on 14TH August, 2009.
Very verifiable documents also available to the Daily Post indicate that the Chairman of the Confiscated Vehicles Allocation Committee (CVAC) unilaterally declared four genuine 4×4 cars as stolen and sold them for a pittance.
The vehicles in contention are GMC Yukon, Acura MDX Wagon and two Chryslers.
Though the importers of the said vehicles have provided Certificate of Titles to show that the cars were not stolen, Carl Wilson will not budge as he hurriedly fast-tracked processes to sell those cars under allocation.
On the part of the Acura MDX Wagon, a Certificate of Title numbered X0633223, a copy obtained from the United States Department declares it as a vehicle which has properly passed through the purchase and export processes from the State of Kansas.
It was signed by Joan Wagnon, Secretary of Revenue and Carmen Alldritt, Director of Vehicles.
Under mysterious circumstances, the Acura got missing from the Golden Jubilee Terminal.
Investigations have established that Carl Wilson sold the car to one Kofi Adjei. The car was cleared by shipping agent, Stewise Shipping.
The Chryslers which came from the Commonwealth of Pennsylvania with vehicle identification number 2A8GM8L77RL28513 were signed by Allen D. Biehler, Secretary of Transportation.
The GMC Yukon with title and identification number 1GKEK63U65J139234 came from the State of New York and its Certificate of Title was authenticated by Moore Gregory, on behalf of the sellers.
Central Intelligence Agency and State Department files corroborated Bill of Laden details, stating they are accurate.
According to the United States security agencies, the cars in contention are not stolen ones.
Interestingly, Carl Wilson did not even await the outcome of investigations by the Ghanaian security agencies to prove that the vehicles were stolen.
He hurriedly allocated them to some of his friends and sold them at very ridiculously low prices.
In our next edition, check out how Carl Wilson forged documents and forced CEPS officers to clear the cars.
Additionally, a top man at the Castle aided in this dubious act.
Stay tuned
Source: Daily Post
NDC supporters lock out national officers, call for Carl Wilson's head
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Corruption: Segbefia Defends Carl Wilson
![]() Alex Segbefia THE DEPUTY Chief of Staff, Alex Segbefia, has mapped out a strong defence for Carl Wilson, stressing that the chairman of the Confiscated Vehicles Committee is innocent of all the allegations leveled against him. Putting up a defence for his darling boy in an interview with Oman FM, the National Democratic Congress (NDC) stalwart said Mr. Wilson has not been found guilty of any of the allegations made against him by his opponents. Mr. Segbefia contended that various committees set up by the government to investigate Mr. Wilson over allegations of selling confiscated cars have all cleared him of any wrongdoing. But interestingly the public has not been fed this wholesome information all this while, though the allegations the so-called committees investigated were made in public. Mr. Segbefia noted that because Carl Wilson is doing a marvelous work at the Castle, opponents of the government are bent on pulling him down with unfounded allegations. He indicated that Mr. Wilson would have lost his position by now if he had been found culpable of any of the many allegations leveled against him in recent times. Dismissing rumours that Mr. Wilson was his in-law, the Deputy Chief of Staff pointed out; “The government will not shield Mr. Wilson for any reason or whatsoever”. Mr. Wilson has in recent times made news headlines following his alleged active involvement in the selling of confiscated vehicles at cheaper prices to functionaries of the ruling party and sometimes outright stealing. The chairman of the Confiscated Vehicles Committee is in the news again as he has been fingered in a case where stolen goods from the United Kingdom (UK) were allegedly carted away. Dr. Matthew Opoku Prempeh, MP for Manhyia has tasked the government to investigate the chairman for allegedly taking away 18 confiscated motorbikes from the Tema Harbour believed to have been stolen from London. According to the Manhyia MP, security detail at the Tema Port impounded the said motorbikes which were shipped into the country sometime in April last year, and that Mr. Wilson recently allegedly disposed of the motorbikes in question. Commenting on the issue, though Mr. Segbefia said he was not privy to the issue, he was quick to conclude that the allegation was one of the many unfounded ones made in the past to tarnish Mr. Wilson’s image. He dared Hon. Opoku Prempeh, affectionately called Napo, to furnish Interpol and other relevant bodies with concrete evidence if indeed his allegation has any basis. Reacting to Mr. Segbefia’s comments, Napo said he has concrete facts to support his allegation but was waiting for the Minister of the Interior to officially respond to the issue in Parliament before taking that step. He noted that he decided to first of all file to ask the Minister that question five weeks ago because he wanted to give the minister an opportunity to tell the nation what he knows about the issue. “I am prepared to come out with full details of the facts of the matter and also proceed to deal with the relevant bodies after the Minister has officially responded to my question”, Napo emphasized. Carl Wilson has been accused severally of allegedly stealing confiscated cars and selling them on the open market with assistance from some deviant garage operators in the nation’s capital. From Daily Guide/Morgan Owusu, Kumasi |
Monday, March 15, 2010
¢28 Billion Vanish From Offshore Account
A whopping $2,000,000.00 (Two Million United States Dollars), secured by President John Agyekum Kufuor and the New Patriotic Party (NPP) administration, with a Sovereign Guarantee, to rehabilitate some Ghanaian embassies, appears to have vanished without trace.
The amount was part of a $5Million loan, whose term sheet, states “shall be utilized exclusively for the renovation of selected Ghanaian Chanceries for Ghana’s 50th Independence Anniversary Celebrations.”
A statement of account on the Ministry of Finance & Economic Planning (MOFEP) bank Account number 0232002034552 with Stanbic Bank, opened for the transaction did not show a release of the $2,000,000.00 to the Government of Ghana.
The term sheet, dated December 7, 2006 addressed to the Kufuor administration through its Minister of Finance, indicates that ‘US$2,000,000.00 of the loan shall be booked with Standard Finance (Isle of Man) Limited,’ an offshore account.
Dr. Anthony Akoto Osei, who was a Deputy Minister of Finance and Economic Planning, signed as accepting the terms of the $5,000,000.00 loan on behalf of the Government of Ghana.
On December 11, 2006 US$3,000,000.00 (Three Million Dollars) was released to the MOFEP Account at Stanbic Bank. This amount was repaid on April 20, 2007.
On 14th May 2007, the MOFEP account with Stanbic Bank was again debited with US$3,800,000.00, described as Loan Granted to MOFEP.
The release of this $3.8Million after the repayment of the earlier amount of $3.0Million, all within the term period of the loan made the transaction appear like a revolving loan, with a ceiling of $3.8Million.
Subsequent transactions on the statement following the release of the $3.8Million reveal the various interest charges as well as repayments made to Stanbic Bank.
The $2.0Million was never released to the Government of Ghana, and it was not clear into whose account the amount was paid in the offshore bank.
The $5Million was part of a $17Million Commercial Loan Agreement approved by Parliament on 29th November, 2006. The other $12Million of the loan was to be used for UN Peace Keeping Operations.
The Ministry of Finance and Economic Planning (MOFEP) subsequently requested for a disbursement of the approved loan and issued a Sovereign Guarantee to secure the entire $17Million facility.
The Sovereign Guarantee, dated 7th December, 2006 to Stanbic Bank Ghana Limited, was signed by Dr. Akoto Osei.
By a term sheet dated December 7, 2006 Stanbic Bank Ghana Ltd granted the term loan of US$5,000,000.00 (Five million United States Dollars) to the Government of Ghana.
The $5 Million and interest on it was to be repaid in full within 36 months from the date of drawdown, and had October 26, 2009 as the Final Repayment date.
As of October 31, 2009 days after all outstanding amounts on the loan account should have been cleared, however, an amount of $883,332.00 was still owed to Stanbic Bank.
Mr. Akoto Ampaw, lawyer for the Chief Executive of the Ghana@50 Secretariat, had written to the Commission of Inquiry (Ghana@50) on December 8, 2009 denying his client’s knowledge of any transaction with Stanbic Bank.
In the said letter, which was titled: RE: CONTINUING INVESTIGATIONS OF THE COMMISSION OUTSIDE THE PUBLIC DOMAIN, and published by the New Crusading Guide of December 9, Mr. Ampaw complained that the Commission had written to Dr. Wereko-Brobby, ‘requesting for information in respect of a loan transaction between the Government of Ghana and Stanbic Bank Limited’ and that ‘he knows absolutely nothing about the transaction referred to in your letter.‘
According to Akoto Ampaw, ‘Neither the Ghana @ 50 Secretariat nor the National Planning Commission entered into any loan agreement with Stanbic Bank, either directly or through the Ministry of Finance and Economic Planning.’
Sipa Yankey to appear before CHRAJ today
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Thursday, March 11, 2010
CJA Pushes For Prosecution Of Gh¢166m Embezzlers
The Committee for Joint Action (CJA) has called on government to immediately prosecute all public officials cited for embezzling about GH¢166.1 million in the 2008 Auditor General’s report.
According to the committee, it will be detrimental for government to ignore the call for accountability on the part of public officials, who have engaged themselves in financial malfeasance and blatant thievery, as has been officially captured by the report.
“Government must, as a matter of urgency, prosecute these crooked officials,” a leading member, Mr. Edward Bawah, charged, insisting that “punitive actions ought to be taken against the offending officials in order to deter others from engaging in similar practice.”
Mr. Bawah, who was speaking at a press conference in Accra, warned that, the CJA will not relent on its call for corrupt officials named in the report to face the law.
He regretted that despite numerous exposures made by the CJA in the past, government, especially the Kufuor-led administration, made no effort at instilling accountability in government agencies by prosecuting offenders. Giving details of the report, Mr. Bawah mentioned that over 20 government agencies, including some ministries were involved in cash irregularities which amounted to GH¢166.1 million, representing 177.4% over that of 2007.
He stated that the cash irregularities accounted for 92.8% of the total financial irregularities mainly due to four factors, which are imprest holders refusing to account for imprests, lack of supervisory controls over revenue collection; failure of officers to obtain supporting documents for funds disbursed, and the ineffectiveness of Internal Audit Units within the Ministries.
Procurement and stores irregularities cost the nation GH¢ 898,350 in 2008, indicating an increase of 24% over that of 2007. Payroll overpayments amounted to GH¢ 762,886, while contract irregularities amounted to GH¢3.4 million.
Stating some specific findings, Mr. Bawah mentioned that the VAT Service acquired the Bannet building, near Busy Internet, Accra, for GH¢874,154. He stated that interestingly, the building was rehabilitated at a cost of GH¢ 2,387,216 although it was leased for only 11 years with no possibility of extension.
He added that three Oil Marketing Companies (OMCs), which reneged on their scheduled payment plan to the tune of GH¢ 2,768,908.00 were not asked for guarantees and have not paid their debts.
MINISTRY OF TRADE
On Ministry of Trade, Mr. Bawah quoted from the report that “contrary to regulation of the Financial Administration Regulation, the Ministry opened and operated an account at the Accra High Street Branch of Barclays Bank in October 2005.”
“An amount of GH¢2 billion was transferred into it from the ministry’s main account which earned an interest of GH¢7.8 million, and the GH¢ 2 billion withdrawn,” he said, adding that the GH¢2 billion was not accounted for, neither was the GH¢7.8 million,” he asserted.
Still on the Ministry of Trade, the report captured that two private enterprises in the garment industry that were given grants totaling GHc288,000 to undertake capacity building abandoned the projects . “No attempt has been made to recover the monies,” he said, pointing out that a draft agreement commissioned at a cost of GHc 4,650 were never utilized. A building in Kumasi that was renovated by the ministry in 2006 at a cost of GHc11,492 was still standing unused in 2008 because additional funds were not made available for completion of the project.
Also, a strategic plan prepared at a cost of GHc45,696 in 2006 has been left to gather dust, he added.
He stated that the ministry made payments amounting to GH¢ 273,310 for repairs and maintenance without certification.
MINISTRY OF INTERIOR
Under the Ministry of Interior, cash irregularities amounted to GH¢286,241 and US$13,485.
These were in respect of misappropriation of proceeds of tender documents; disbursements from revenue collected and unauthorized use of internally generated fund.
MINISTRY OF HARBOURS AND RAILWAYS
Here, management misapplied an amount of GH¢600,000 out of GH¢2,150,000 voted for the payment of end of service benefits for 674 retrenched Railway workers. “It is worth noting that during this period, workers of the Railway company had not been paid for years,” he said, hinting that it may have accounted for the non-payment of salaries.
MINISTRY DEFENCE
Mr. Bawah stated that in the Support Services Brigade, cash irregularities totaling GH¢473,61) for repairs was unsatisfactory completed and had no certification.
MINISTRY OF FOREIGN AFFAIRS
An amount of 76,761 euros which was transferred to the Copenhagen Mission on 2nd August 2006, could not be traced to the Mission’s accounts.
MINISTRY OF FINANCE AND ECONOMIC PLANNING
The Audit report captured that, total release from Non-Road Accounts in violation of procedures for accessing funds from the consolidated amounted to GH¢3,066,742.
Also, the ministry failed to collect taxes amounting to GH¢2,590,922 at the Abeka Lapaz DTO alone. CEPS The CJA concluded that post clearance short collections amounted to GH¢13,655,166.
Source: Enquirer
Thursday, February 18, 2010
THE UK & CORRUPTION IN GHANA: CRAIG MURRAY SPEAKS
But what is the logic of this position? No government may question any contract entered into by a predecessor, no matter how corruptly? That if you are a dreadfully corrupt foreign businessman, who has bribed a minister, you only have to hang on until the government changes, and then you cannot be investigated? Plainly this is a nonsense.
The fact is that, as detailed in a series of articles in the Financial Times of London, there are a whole number of questions about the Kosmos deal which give experienced observers great cause for concern.
One which particularly worries me is how, on the best oilfield in Ghana, Kosmos were able to get a royalty rate of only 5%, when the average on other fields is over 11%. There are suggestions that partners from EO were active on the Ghanaian government side of the negotiation.
There are also credible stories of Kosmos handing EO millions of dollars in cash notes for “marketing and publicity”.
Is Ghana forbidden from investigation because the government has changed? No, and they must not be bullied out of it by the British, Americans, IMF or World Bank. Those will always back wealthy Western companies against a developing African nation.
The Vodafone deal suffered – at the very least – from a lack of transparency and a lack of a level playing field for others – including France Telecom – who wished to compete. The final sales price was definitely too cheap.
I would like to know how Ghana Airways’ invaluable routes were awarded to GIA - a bunch of obscure and inexperienced investors who came only fourth in the official assessment of bids. The result has been the almost total disappearance of Ghana’s whole aviation industry.
I would like to know how industrial development funds were given to a network of companies the ultimate ownership of which traced back to the Minister of Industry.
The British High Commissioner has the problem entirely backwards. It is not that the government is not honouring existing contracts. I am Chairman of several companies, including Atholl Energy. Atholl had a contract with the NPP government which has been honoured by the NDC government, because we carry our our work diligently and honestly.
The problem is that where contracts are not honest, action has not been fast enough or decisive enough to root out corruption.
Two of the worst examples are in the energy sector. Let us look at the case of another British company, Zakhem International Ltd. They are building the Kpone Power Project for VRA. VRA bought the turbines from the manufacturer, Alsthom for US $70 million. They then paid Zakhem US $80 million upfront to install them and provide the ancillary equipment.
After three years, what do Ghanaian taxpayers have to show for their US $150 million? Absolutely nothing. An empty field at Kpone, surrounded by Ghana’s longest concrete wall so the Ghanaian public cannot see that their money has been stolen.
What is happening about it? Nothing, because Zakhem and their Ghanaian partners have stolen enough money to bribe all the officials involved. They are now claiming around town that the new government is also “In their pocket”.
Most of the $80 million has vanished forever, while the $70 million turbines are now badly damaged by disuse.
Or look at Balkan Energy. They claimed to have spent US $100 million on refurbishing the Osagyefo barge, at a time when they had really spent less than US10 million.
Balkan stand to make a total of about $1.5 billion dollars in profit from the people of Ghana from this terrible deal. It is the most corrupt contract I have ever seen. It is astonishing that a country like Ghana would enter into a contract with Balkan, whose owner, Gene E Phillips, has stood trial as a gangster in the United States.
These are not crimes without a victim. Everyone who pays any VAT or other tax in Ghana is putting money into the pockets of these disgraceful conmen. Most of the taxpayers of Ghana are very poor, and the money is being taken by people who are very rich.
That is why I am speaking out. I am not supporting any political party. I am supporting the ordinary people of Ghana.
I first spoke out about corruption in Ghana back in 1999, when I was Deputy High Commissioner there. It caused a sensation in the Ghanaian media at the time. But people do not know that I was nearly sacked by the British government as a result.
So Nick Westcott is only continuing a British hypocritical tradition of condemning corruption, unless it is British corruption.
The truth is that sadly there was a major increase in corruption in Ghana especially in 2007 and 2008. That was a major reason why the Ghanaian people voted to change their government. But so far there is little indication that the new government has done much to root out the corruption.
So rather than protecting the corrupt, the British High Commissioner should be offering help and assistance actively to attack corruption. That includes corruption by British companies.
He should also remember that, with oil revenues within touching distance, Ghana will soon have her own investment funds and no longer be so dependent on foreign investors. It is not for the colonial master to kick Ghana. The boot will soon be on the other foot.
By Craig Murray
Craig Murray was formerly a deputy High Commissioner for Britain in Ghana
This article is taken from his blog: http://www.craigmurray.org.uk/
Wednesday, February 17, 2010
Parliament to probe Balkan and Zakhem contracts
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Wednesday, January 13, 2010
Feature: Do we have to die for NDC and NPP?
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