1. Even before the dust settles on the scandalous US$8.5million AFCON budget brouhaha; unimpeachable, unassailable and incontrovertible intercepted documents in my possession reveal for the first time that President Nana Addo Dankwa Akufo-Addo and his appointees at the Ministry of Youth and Sports and the Local Organising Committee (LOC) have shockingly agreed to spend an elephantine, wrongful and unconscionable US$48million on so-called “operational expenses” for the 13th African Games to be hosted in Ghana between the period — March 5 to March 23, 2024. [Refer to intercepted documents attached]
2. It must be noted that this staggering US$48million is an entirely different amount from the mega US$195million (GHS2.4billion) already spent on infrastructure for the games.
3. At the prevailing exchange rate, US$48million is equivalent to a colossal GHS602million.
4. A careful reading of the intercepted February 13, 2024 letter signed by the LOC Executive Chairman, Dr Kwaku Ofosu-Asare confirms that this ginormous US$48million (GHS602million) will be spent in less than a three week period (18 days). This translates into a 6-day weekly expenditure on “operational expenses” of a mind boggling GHS200.6million, and an even more incredible daily “operational expenses” of GHS33.4million.
5. It is most instructive to note that apart from the blatant profligacy and reckless wastefulness by the leader of a bankrupt, debt-distress IMF bailout country; President Akufo-Addo’s conduct is absolutely wrong because Parliament approved GHS100million under Goods and Services and then GHS50million for Capital Expenditure for the 2024 expenditure by the Ministry of Youth and Sports on the 13th African Games. [see page 230 of 2024 Budget as attached]. It is therefore totally lawless and utterly repugnant for President Akufo-Addo to unilaterally vary by more than six times what Parliament has approved for non-CapEX — that is from GHS100million to GHS602million.
6. The intercepted documents confirm that despite Parliament’s approval of only GHS100million, President Akufo-Addo instructed the LOC to send out official request letters as recent as February 13, 2024 in which they defy Parliament and communicate their outlandish, unlawful and unjustifiable US$48million (GHS602million).
7. It is regrettable to note that instead of President Akufo-Addo and his appointees at the Sports Ministry and LOC acknowledging Ghana’s current economic crisis and slashing their ostentatious US$48million (GHS602million) “operational expenses” budget, he rather proceeded to personally chair fundraising meetings on the 6th and 7th of November, 2023 at the Jubilee House with an objective of raising the US$48million (GHS602million). [See evidence of the President’s meetings attached].
8. A number of top executives who have received the Akufo-Addo-inspired US$48million (GHS602million) shocking request letter are outraged about the quantum for a broke country and the deliberate refusal to transparently present a breakdown.
9. Careful analysis of the entities President Akufo-Addo met during his now infamous fundraising engagements show that the President is mainly interested in public funds either by targeting SOEs such as GNPC, Ghana Gas, BOST and GOIL; or by targeting private companies such as MacDan, Zoomlion, MODEC and Kosmos all noted for executing huge government contracts.
10. Additionally, the President’s conduct raises fundamental ethical questions: how did the President select these companies? What promises did President Akufo-Addo make to these CEOs? How can other companies compete fairly with these “presidential companies” in any competitive bidding process, particularly considering the current single-source procurement epidemic? After these companies present their US$5million sponsorship cash to the President’s
Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something.
I think that you can do with some pics to drive the message home a bit, but other than that, this is great blog.
A fantastic read. I’ll certainly be back.
Wow that was odd. I just wrote an really long
comment but after I clicked submit my comment didn’t appear.
Grrrr… well I’m not writing all that over again. Anyways, just wanted to say fantastic blog!
It’s actually a nice and useful piece of information. I am glad
that you shared this helpful info with us. Please keep us informed like this.
Thanks for sharing.
Hi there, this weekend is good in favor of me, since this point in time i am reading this enormous educational post
here at my house.
What’s up mates, pleasant post and nice urging commented at this
place, I am in fact enjoying by these.
Ꮶeep up thhe wonderful wоrk, I reaԁ feww сontent on tһis site and І believe thst your site is real іnteresting аnd contains circles
of goo info.
Unquestionably believe that that you said. Your favorite justification appeared to be on the internet the simplest factor to consider of.
I say to you, I definitely get annoyed whilst other folks think about concerns that they just don’t
recognize about. You controlled to hit the nail
upon the highest and defined out the whole thing without having side effect , other people can take a
signal. Will probably be again to get more. Thank you
Sweet blog! I found it while browsing on Yahoo News. Do you have any tips on how to get listed in Yahoo News?
I’ve been trying for a while but I never seem to get there!
Appreciate it
Awesome post.
Every weekend i used to visit this website, for
the reason that i want enjoyment, since this this web site conations really fastidious funny data
too.
You really make it seem so easy with your presentation but I
find this matter to be really something that I think I would
never understand. It seems too complex and extremely broad
for me. I am looking forward for your next post, I’ll try to get the hang of it!
Hi i am kavin, its my first time to commenting anywhere, when i read this post i thought i could also make comment due to this
sensible post.
Hello! I’m at work browsing your blog from my new iphone 4!
Just wanted to say I love reading your blog and look forward to all your posts!
Carry on the superb work!
There’s certainly a lot to learn about this topic. I really like all the points you’ve made.
Appreciate this post. Will try it out.
If you desire to get a good deal from this paragraph then you have to apply these techniques to your won weblog.
Hello! I could have sworn I’ve been to this site before
but after checking through some of the post I realized it’s new to
me. Nonetheless, I’m definitely happy I found it and I’ll be book-marking and checking back frequently!
As the admin of this site is working, no
doubt very quickly it will be famous, due to its quality contents.
hi!,I like your writing so much! percentage we keep up a
correspondence extra about your article on AOL?
I need an expert in this house to resolve my problem. May be that’s you!
Looking ahead to look you.
Your style is unique compared to other people I have read stuff from.
Thank you for posting when you’ve got the opportunity, Guess I will just bookmark this page.
This piece of writing is genuinely a good one it assists new
the web viewers, who are wishing for blogging.
Hi there, I enjoy reading through your article. I like
to write a little comment to support you.
Superb blog you have here but I was wanting to know if you knew of any discussion boards that cover the same topics talked about in this article?
I’d really like to be a part of online community where I can get opinions from other experienced
individuals that share the same interest. If you have any
suggestions, please let me know. Thanks a lot!
My brother recommended I might like this blog. He was once entirely right.
This post actually made my day. You can not consider simply how so much time I had spent for this info!
Thanks!
Hi there friends, nice piece of writing and nice arguments commented here,
I am in fact enjoying by these.
Have you ever thought about adding a little bit more than just your articles?
I mean, what you say is fundamental and all. But think about if you added
some great photos or video clips to give your posts
more, “pop”! Your content is excellent but with images and video
clips, this website could definitely be one of the best in its niche.
Amazing blog!
I’m really impressed with your writing talents and also with
the structure in your weblog. Is that this a paid topic or did you customize it
your self? Either way stay up the excellent quality writing,
it is rare to see a nice blog like this one today..
Have you ever considered about adding a little bit more than just your articles?
I mean, what you say is fundamental and everything.
Nevertheless think of if you added some great images or video clips
to give your posts more, “pop”! Your content is
excellent but with pics and clips, this website could definitely
be one of the most beneficial in its field. Wonderful blog!
Howdy! This post couldn’t be written any better!
Going through this article reminds me of my previous roommate!
He continually kept preaching about this. I most certainly will forward this article to him.
Fairly certain he’ll have a great read. Thanks for sharing!
This is really interesting, You’re a very skilled blogger.
I’ve joined your rss feed and look forward to seeking more
of your great post. Also, I’ve shared your web site in my social networks!
Hey there! I could have sworn I’ve been to this blog
before but after checking through some of the post I realized it’s new to me.
Anyhow, I’m definitely delighted I found it and
I’ll be bookmarking and checking back often!
It’s remarkable to go to see this website and reading the views of all mates regarding this article, while I am
also keen of getting knowledge.
Pretty! This was an incredibly wonderful article.
Many thanks for providing these details.
After going over a handful of the blog posts on your web page, I honestly appreciate your way of
blogging. I saved it to my bookmark site list and will be checking back in the near future.
Please check out my website too and tell me what you think.
Today, I went to the beach with my kids. I found a
sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed.
There was a hermit crab inside and it pinched her ear.
She never wants to go back! LoL I know this is
completely off topic but I had to tell someone!
hello there and thank you for your information – I’ve certainly picked up something new from right here.
I did however expertise some technical points using this website,
since I experienced to reload the web site lots of times previous to I could get
it to load properly. I had been wondering
if your web host is OK? Not that I’m complaining, but sluggish loading instances times
will often affect your placement in google and can damage your high-quality score if advertising and marketing with Adwords.
Well I’m adding this RSS to my email and could look out for a lot more of your respective
intriguing content. Make sure you update this again soon.
I got this web site from my friend who shared with
me about this site and at the moment this time I am visiting this web page and reading very informative articles at this time.
What’s Taking place i’m new to this, I stumbled upon this I’ve
found It positively useful and it has aided me out loads.
I’m hoping to contribute & help other users like its aided me.
Good job.
I am not sure where you are getting your info, but great topic.
I needs to spend some time learning more or understanding more.
Thanks for fantastic info I was looking for this information for my mission.
Asking questions are really nice thing if you are not
understanding anything completely, however this post offers fastidious understanding yet.
I was recommended this blog by my cousin. I’m not
sure whether this post is written by him
as no one else know such detailed about my trouble.
You are amazing! Thanks!
I visit everyday some web pages and websites to read
posts, however this web site gives quality based content.
Excellent blog here! Also your web site loads up very fast!
What web host are you using? Can I get your affiliate link to your host?
I wish my web site loaded up as fast as yours lol
Appreciate this post. Let me try it out.