![]() | ![]() | ![]() | ||||||||||||||||||||||
|
Monday, May 3, 2010
Akufo-Addo is not corrupt – P.C. Appiah-Ofori
DCE Blows ¢450m
![]() | ![]() | ![]() | |||||||||||||||||
|
Wednesday, April 14, 2010
Cocoa smuggling: BNI capo grabbed
![]() | ![]() | ![]() | |||||||||||||||||
|
UPDATE: Tullow Oil: Ghana Jubilee Field 1st Oil 4Q 2010
Tuesday, April 13, 2010
Mills Gives $5Million To Rawlings? - Raymond Archer
- Who will save Ghana from the economic vampires and these enemies of progress? »
The money, ostensibly, is to complete work on the Calf Cocoa Factory owned by the Rawlingses, which is located at Kpone in the Greater Accra Region.
According to Raymond Archer, even though the Rawlingses have taken their share of the monies from the Atta Mills Administration on the quiet, they are busy incited the youth of the National Democratic Congress (NDC) against the government of John Evans Atta Mills because the youth allegedly are not being taken care of!
Mr Archer, who was speaking on the programme Alhaji and Alhaji on Radio Gold Saturday, accused former President Rawlings and his wife of receiving the money within six months of the NDC coming power, and then turning round to complain that the foot soldiers were not being taken care of, and wondered why they took the money if they knew that the times are hard.
On Sunday, April 11, 2010, Mr Kofi Adams, the Deputy General Secretary of the National Democratic Congress.
(NDC) and Spokesperson to the Rawlingses, was not picking up his calls, to answer whether or not his bosses had received the $5million, but if it is true that indeed the Rawlingses have received the huge amount from government, it would raise many questions, chief among which would be exactly the nature of the financing and whether the payment from government into private hands, has been approved by parliament!
Former President Rawlings has been at the forefront of agitation by the youth of the NDC against the Mills administration, constantly calling on them to rise up to keep the government on its toes because it is not taking care of them.
The revelation however that the same Rawlings and his wife have been paid five million dollars to complete their factory by Atta Mills would come as a surprise to many of the foot soldiers!
Source: The Daily Searchlight
Eight CEPS officials, one policeman arrested over Anas' cocoa smuggling story
![]() | ![]() | ![]() | |||||||||||||||||
|
Wednesday, March 31, 2010
Kufuor shows up in court in GIA trial
![]() | ![]() | ![]() | |||||||||||||||||
|
Ho Central MP accused of rape
![]() | ![]() | ![]() | |||||||||||||||||
|
Monday, March 29, 2010
Ghana: Upper East Regional Minister Mark Wayongo in court for fraud
![]() | ![]() | ![]() | ||||||||||||||||||||||
|
Thursday, March 25, 2010
Another ¢7.4 Trillion Loss By The State
.... through another Destination Inspection Company
The revelation by the DAILY POST yesterday that Ghana lost ¢22.4 trillion is just a tip of the iceberg of the quantum of revenue lost by the state as a result of the dubious activities of importers and clearing agents at the Tema and Takoradi Habours. The nation is losing far more than that, our intel sources indicate.
As said in yesterday's publication, the loss of ¢22.4 trillion between 2003 and 2009 was recorded by only Gateway Services Limited, one of the four Destination Inspection Companies, DICs, in Ghana whose responsibilities it is to assess imports into the country and value them to enable the importers pay the right duties to the state.
The DAILY POST now has figures of the transactions of a second DIC, Inspections and Control Services, ICS, Limited where trillions of cedis was lost to the state.
Forensic audit conducted by our intel sources into ICL's transactions with importers and clearing agents indicates that between 2003 and 2008, Ghana lost a staggering amount of US$525,195,263.26 or $7.4 trillion in revenue. The break downs are as follows;
8. In 2003, out of a total of 8,270 Final Classification and Valuation Reports (F.C.V.R) issued and assessed to be US$62,696,325.36, an amount of US$23,747,806.82 was collected by the company forming 38% of the assessed value leaving an amount of US$38,949,118.54 forming 62%.
9. In 2004, out of a total of 11,744 Final Classification and Valuation Reports (F.C.V.R) issued and assessed to be US$105,901,348.29, an amount to US$49,837,191.57 was collected by the company forming 47% of the assessed value leaving an amount of US$56,064,156.72 also representing 53%.
10. In 2005, out of the total of 12,518 Final Classification and Valuation Report (F.C.V.R) issued and assessed to be US$137,442,487.50 an amount of US$69,450,802.54 was collected by the company representing 51% of the assessed value leaving an amount of US$67,991,684.56 representing 49%.
11. In 2006, 45% of the assessed value of the FCVRs issued collected leaving 55% of the assessed values of the FCVRs to be collected.
12. In 2007, 41% of the assessed value of the FCVRs issued was collected leaving 59% of the assessed value of the FCVRs to be collected.
13. In 2008, 34% of the assessed value of the FCVRs issued was collected leaving 66% of the assessed values of the FCVRs.
14. The figures for 2009 has not yet been collected. Their figures are provisional and therefore cannot be considered for the exercise.
In concluding, the total FCVRs from 2003 to 2008 was 72,610 which amount to US$900,355,636.53. US$375,160,373.27 was collected representing an average 43% leaving an amount of US$525,195,263.26 representing 57% to be collected.
Stay tuned for more shocking revelations