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Tag: Ken Ofori-Atta

  • Ofori-Atta to appear before U.S. court today over visa status

    Ofori-Atta to appear before U.S. court today over visa status

    Ghana’s embattled former Finance Minister, Ken Ofori-Atta, is set to appear before a U.S immigration court today over his visa status following his arrest and detention on 6 January 2026 in Washington, D.C., by U.S. Immigration and Customs Enforcement (ICE).

    According to reports, ICE has reportedly determined that Mr Ofori-Atta no longer has lawful status to remain in the United States, a development many believe could help expedite Ghana’s extradition process of the former Minister to Ghana.

    Ken Ofori-Atta left Ghana for the United States on January 4, 2025, according to investigative reporting detailing his departure timeline and visa use. As of today, January 8, 2026, that places his time in the U.S. at approximately 1 year and 12 days, following which he has been detained.

    Deputy Attorney General, Dr Srem-Sai, clarified a widely reported narrative about the circumstances surrounding Ghana’s Former Finance Minister’s arrest and detainment by immigration authorities in the United States (US).

    On January 7, Ken Ofori-Atta’s lawyers, Menka-Premo, Osei-Bonsu, Bruce-Cathline and Partners issued a statement confirming their client’s arrest by US Immigration and Customs Enforcement (ICE) over his immigration status.

    While it was widely reported that he had been detained for overstaying his visa term, the Attorney General’s Department has clarified that his visa was revoked in June last year and he was given up to November 29 to leave the USA; however, he ignored the order, leading to his detention by ICE.

    “ICE will not come for you unless you have visa issues; that is what has happened. In June 2025, his visa was revoked; it’s not an expiration of the Visa. The information we have is that his visa was revoked. So he has been living in America without a visa,” he said on the KeyPoints on TV3 Saturday, January 10.

    According to reports, a US visa can be revoked if the holder becomes ineligible for it. This can happen if they violate their status, commit fraud, or otherwise fall under a ground of inadmissibility.

    Dr Srem-Sai also mentioned that Ghanaian authorities collaborated with the US law enforcement agencies on Ken’s arrest.

    “We are keenly involved in this matter. We collaborate with law enforcement agencies in this matter,” he said on the Key Points on TV3 Saturday, January 10.

    Also, speaking on JoyNews’ Newsfile on Saturday, January 10, Attorney General, Dr Ayine explained that although Mr Ofori-Atta had initially been permitted to remain in the United States until November 29, he failed to depart within the stipulated period.

    According to him, the revocation of the visa was intentional and tied to ongoing investigations, not standard immigration enforcement.

    This is not simply an immigration issue. His visa did not expire; it was revoked. I state this on authority,” Dr Ayine said, adding that the visa was due to run until February before it was withdrawn.

    While his lawyers didn’t explicitly state whether he had overstayed his visa time, they noted that “Mr Ofori-Atta has a pending petition for adjustment of status, which authorises a person to stay in the US legally past the period of validity of their visa. Under US law, a change of status by this method is common.”

    This comes amid a legal tussle involving Ofori-Atta. The Special Prosecutor, for about eight months, has been making efforts to bring him to Ghana to face the law over some corruption-related issues.

    Ofori-Atta, who served as Ghana’s Finance Minister from 2017 to 2023, steered fiscal policy during the COVID-19 pandemic, debt restructuring efforts and IMF negotiations.

    His extended stay in the U.S. has coincided with ongoing legal proceedings in Ghana, including corruption-related charges filed by the Office of the Special Prosecutor in November 2025.

    A few days after his arrest, the Embassy of Ghana in Washington proposed a meeting with him, but he declined.

    The Embassy reported this in a formal statement shared by the Deputy Attorney General, Dr Srem-Sai, on his X (formerly Twitter) page on Sunday, January 11.

    According to the Ghanaian Ambassador, Victor Emmanuel Smith, his outfit requested access to Mr Ofori-Atta after confirming his arrest and detention over his immigration status.

    Their request for access to him was “to provide consular assistance in line with established diplomatic and international protocols”.

    However, “The Embassy was informed by the facility that the detainee declined to engage with consular officials at that time without his lawyers present”.

    However, “The Embassy of Ghana remains in contact with the appropriate United States authorities and will continue to follow the matter closely to ensure that Mr. Ofori Atta’s rights are totally respected.”

    Meanwhile, investigative journalist Manasseh Azure Awuni has shed more light on the arrest and detention of Ghana’s former Finance Minister, Ken Ofori-Atta, by US Immigration and Customs Enforcement (ICE).

    Speaking during an interview on TV3’s Key Points program on January 10, Manasseh revealed that Ofori-Atta’s arrest was a targeted operation by ICE and wasn’t part of a general swoop.

    He mentioned that witnesses present at the scene claim that Mr Ofori-Atta was arrested right after he exited his residence, a luxury apartment complex in Washington DC, known as Westlight Apartments, located at 1111 24th Street, on the morning of Tuesday, January 6.

    “This wasn’t like those organised raids by ICE in specific places. They got in specifically for him. As soon as he emerged from the entrance of the building, they moved in, surrounded him, got him into a car and drove him away,” Mr Azure said on January 10.

  • US promises to cooperate in extradition of Ofori-Atta and Sedinam Tamakloe

    US promises to cooperate in extradition of Ofori-Atta and Sedinam Tamakloe

    Ghana’s Foreign Affairs Minister, Samuel Okudzeto Ablakwa, has disclosed that the United States government has given its word to Ghana that it will not impede the extradition of former Finance Minister Ken Ofori‑Atta and former MASLOC boss Sedina Tamakloe Attionu.

    Mr Ablakwa disclosed after a bilateral meeting held yesterday in Accra with the acting USA Ambassador to Ghana, Rolf Olson and his entourage.

    “The United States Government has assured that, without prejudice to judicial processes, it will not stand in the way of Ghana as regards the removal of Ken Ofori‑Atta and Sedina Tamakloe Attionu,” he said.

    About Ken’s arrest

    On January 7, Ken Ofori-Atta’s lawyers, Menka-Premo, Osei-Bonsu, Bruce-Cathline and Partners issued a statement confirming their client’s arrest by US Immigration and Customs Enforcement (ICE) over his immigration status.

    It explained that, “The United States Immigration and Customs Enforcement (ICE), as of yesterday, detained the former Minister for Finance, Mr Ken Ofori-Atta, regarding the status of his current stay in the United States. His US legal team is in contact with ICE and expects the matter to be resolved expeditiously.”

    Ken Ofori-Atta left Ghana for the United States on January 4, 2025, according to investigative reporting detailing his departure timeline and visa use. As of today, January 8, 2026, that places his time in the U.S. at approximately 1 year and 4 days, following which he has been detained.

    While his lawyers didn’t explicitly state whether he had overstayed his visa time, they noted that “Mr Ofori-Atta has a pending petition for adjustment of status, which authorises a person to stay in the US legally past the period of validity of their visa. Under US law, a change of status by this method is common.”

    This comes amid a legal tussle involving Ofori-Atta. The Special Prosecutor, for about eight months, has been making efforts to bring him to Ghana to face the law over some corruption-related issues.

    Ofori-Atta, who served as Ghana’s Finance Minister from 2017 to 2023, steered fiscal policy during the COVID-19 pandemic, debt restructuring efforts and IMF negotiations.

    His extended stay in the U.S. has coincided with ongoing legal proceedings in Ghana, including corruption-related charges filed by the Office of the Special Prosecutor in November 2025, currently at the case-management stage.

    Meanwhile, a request for Ken Ofori-Atta and an alleged accomplice, Ernest Darko Kore, from the United States has formally been submitted by the Attorney General (A-G), Dr Dominic Ayine.

    Speaking at the government’s Accountability Series held on Thursday, December 18, Minister for Justice and Attorney General, Dr. Dominic Ayine, said the duo’s extradition processes were initiated by the Office of the Special Prosecutor (OSP) on November 19.

    He added that the Attorney General’s Department initially examined the documents related to the case; however, the International Cooperation Unit found that some parts of the paperwork were incomplete.

    Dr. Ayine added, “As a result, we communicated our observations to the Office of the Special Prosecutor in a letter dated November 25 and requested additional documentation to ensure completeness.”

    He noted that, in response, the OSP finalized the extradition request package on December 9 by providing supplementary documents and addressing the issues raised by the International Cooperation Unit.

    The Attorney-General (A-G), Dr Dominic Ayine, would have a difficult time in getting former Finance Minister Ken Ofori-Atta back in Ghana to face corruption charges, private legal practitioner Austin Brako-Powers has noted.

    Sedinam case, her prosecution and extradition

    Ex-MASLOC CEO Sedinam Tamakloe-Attionu, who was convicted of causing financial loss to the state and sentenced in Ghana in April 2024, has also been a subject of ongoing extradition efforts. She was tried in absentia and has since then been in the USA for nearly two years since her sentence.

    The Attorney General said the formal request sent to the US Department of Justice in mid‑2024 remains under review, with authorities awaiting procedural completion.

    US Ambassador’s earlier comments on his country’s extradition process

    Chargé d’Affaires at the U.S. Embassy in Accra, Rolf Olson, during a media roundtable conversation with visiting Deputy Assistant Secretary for West Africa in the U.S. Department of State’s Bureau of African Affairs, William B. Stevens, on Friday, December 12, 2025, at the U.S. Embassy in Accra, emphasised that, the US government is always open to extradition requests from Ghana however, because the process is structured, and judicially driven, it usually takes time to complete.

    “We are always open to receiving extradition requests. That is an important part of any good bilateral relationship, and certainly of ours. The process of evaluating an extradition request on the American side is very well established, but it is not generally very quick. Once we receive a request, it goes through the various mechanisms we have in place,” he said.

    As of Monday, December 8, 2025, more than 3,100 people had signed a public petition addressed to the US Embassy in Accra demanding the extradition of former Finance Minister Ken Ofori-Atta.

    US-based Ghanaian Professor Stephen Kwaku Asare, also known as Kwaku Azar, started a petition on December 2, asking American authorities to work with the Ghanaian government to help extradite Mr Ofori-Atta, who has been officially charged with economic crimes and corruption-related offences.

    However, commenting on whether or not the American government was willing to cooperate with local authorities to trigger any process in the US, Rolf Olson explained that processes for evaluating an extradition request on the American side are “very well-established and it is generally not very quick.”

    He added that if the US receives a request, it goes through the various mechanisms. “But the door is always open to requests. There is no individual case that can be prejudged because US judges make the decisions, so they can approve or disapprove a request.”

    Mr Rolf Olson revealed that, since President Mahama took office this year, the US government has extradited nine Ghanaians, with the majority of the cases linked to romance scams or what is recently described as “elder crime”.

    “Since President Mahama took office at the beginning of the year, Ghana has extradited nine individuals to the United States. Most of them have been involved in cybercrime, or what is commonly referred to as elder crime. These individuals can victimise anyone, and perhaps they already have, though that remains to be established. If proven in court, they are the kind of people who should be in prison, not free to take advantage of others, particularly older persons.

    Although anyone could fall victim to such crimes, the idea of being targeted in this way is understandably horrifying,” he stressed.

  • Domestic Gold Purchase Programme losses surged to GH¢5.66bn from GH¢74m between 2022 and 2024 – BoG

    Domestic Gold Purchase Programme losses surged to GH¢5.66bn from GH¢74m between 2022 and 2024 – BoG

    The Bank of Ghana has revealed some setbacks recorded in the implementation of its Domestic Gold Purchase Programme (DGPP), highlighting that it costs far more than it earned.

    The DGPP is a policy launched by the Bank of Ghana in June 2021 to buy gold locally from small-scale miners and use it to build Ghana’s gold reserves to mitigate the growing pressure on the cedi due to increasing demand for forex for imports.

    Public discussion around the losses intensified after the International Monetary Fund (IMF) reportedly highlighted losses exceeding US$214 million in 2025.

    Given this, the BoG failed to declare the losses in its 2024 Annual Report, leaving a gap in public knowledge. Asempa FM’s Philip Osei Bonsu, in pursuance of Article 21(f) of the 1992 Constitution and the Right to Information Act, 2019 (Act 989), demanded a clear breakdown of the programme’s status.

    In response, the BoG issued a document on the programme’s performance over the last two years. It shows that the programme’s losses rose sharply from GH¢74 million in 2022 to GH¢1.37 billion in 2023, and then increased even more in 2024 to GH¢5.66 billion.

    The data show that GH¢1.82 billion of the losses stemmed from the Gold-for-Oil arrangement, while GH¢3.84 billion was linked to the Gold-for-Reserves and other segments.

    Net G40 losses, covering gold and oil transactions, and Net G4R losses, covering artisanal and small-scale mining (ASM) gold and other segments, accounted for the increases.

    Figures for 2025 indicate 100.6 tonnes of ASM gold and a total of 110.99 tonnes of gold purchased, valued at US$11.4 billion. However, these numbers are pending external audit confirmation, the Bank noted.

    Analysts have cautioned that while the DGPP supports reserves, the escalating losses underscore the challenges of managing large-scale gold operations alongside other financial instruments. The Bank has invited further queries for clarification.

    Amid the losses incurred, the BoG defended the programme as one that promotes currency stability.

    “The DGPP is a strategic programme that promotes currency stability, which is one of the Bank’s core mandates,” the Bank stated. Despite the losses, the institution insisted the programme remains a key stabilising tool.

    Data from 2022 and 2023

    A breakdown of the data shows that in 2022, the Bank of Ghana purchased 3.47 tonnes of gold under the Domestic Gold Purchase Programme, valued at US$194.43 million. The programme recorded a total loss of GH¢74.44 million that year, with the losses arising mainly from gold purchases from artisanal and small-scale miners (ASM).

    In 2023, the scale of the programme expanded significantly. Gold purchases jumped sharply to 37.02 tonnes, with the total value rising to US$1.55 billion. Correspondingly, losses surged to GH¢1.37 billion. Of this amount, GH¢317.69 million was attributed to the Gold-for-Oil (G40) component, while GH¢1.05 billion came from the Gold-for-Reserves (G4R) and other related segments of the programme.

    The Bank of Ghana (BoG) has revealed that it lost a total of GH¢2.14 billion from the now-ended Gold-for-Oil (G4O) Programme, which was implemented by the erstwhile government.

    This was revealed in a response from the central bank following a formal request made by Kwadwo Poku, a member of the New Patriotic Party (NPP) and an energy analyst. He made the request while invoking the country’s Right to Information laws.

    In the Bank’s official reply, dated July 2025, it explained that the losses occurred over two years, spanning the 2023–2024 fiscal period. In 2023, the country lost GH¢320 million, with a further GH¢1.82 billion lost in 2024, bringing the total to GH¢2.14 billion.

    The Bank of Ghana officially announced the cancellation of the programme on March 13, 2025, citing severe financial losses totalling over GH¢2 billion since its launch. Prior to that, there were indications of a gradual wind-down as early as November 28, 2023, when former Bank of Ghana Governor Ernest Addison described it as a crisis-era intervention that had served its purpose.

    The Bank of Ghana attributed the losses to two major components: gold transactions and petroleum trading. On gold transactions, the report stated that the Bank of Ghana’s unrealistic exchange rate caused losses of about GH¢1.80 billion, mainly because the exchange rate used by the Bank differed from prevailing market rates.

    Regarding losses from petroleum trading, amounting to GH¢340 million, the report noted that under the G4O programme, the BoG purchased large volumes of fuel shortly before global oil prices fell. When prices declined, the fuel stockpiled by the Bank lost value.

    Despite the losses, the report acknowledged the G4O initiative. According to the BoG, the programme was not a total failure but generated some returns before declining in later years, citing its positive impact during the first year of implementation in 2023. It noted that the programme helped reduce demand for US dollars from Bulk Oil Distributors (BDCs), easing pressure on the interbank foreign exchange market.

    The G4O programme reportedly saved the country from an estimated US$1.66 billion in additional foreign exchange demand, which would have been required to deliver 56 cargoes totalling over 1.84 million metric tonnes of petroleum products by December 2024. The initiative also spurred competition in the fuel supply market. Prior to G4O, petroleum premiums ranged between US$150 and US$170 per metric tonne. These figures reportedly fell to between US$50 and US$80 due to the programme, resulting in lower ex-pump fuel prices.

    The central bank also highlighted that the removal of forward exchange rate pricing under the G4O programme helped stabilise domestic fuel prices. Aside from the losses incurred,which were cited as part of the reasons for its discontinuation, the Bank of Ghana explained that the G4O programme was financially unsustainable and did not align with the International Monetary Fund’s (IMF) fiscal recommendations.

  • Ofori-Atta’s visa was revoked in June last year before its expiry – Dep’t AG clarifies

    Ofori-Atta’s visa was revoked in June last year before its expiry – Dep’t AG clarifies

    Deputy Attorney General, Dr Srem- Sai has clarified a widely reported narrative about the circumstances surrounding Ghana’s Former Finance Minister’s arrest and detainment by immigration authorities in the United States (US).

    On January 7, Ken Ofori-Atta’s lawyers, Menka-Premo, Osei-Bonsu, Bruce-Cathline and Partners issued a statement confirming their client’s arrest by US Immigration and Customs Enforcement (ICE) over his immigration status.

    While it was widely reported that he had been detained for overstaying his visa term, the Attorney General’s Department has clarified that his visa was revoked in June last year and he was given up to November 29 to leave the USA; however, he ignored the order, leading to his detention by ICE.

    “ICE will not come for you unless you have visa issues; that is what has happened. In June 2025, his visa was revoked; it’s not an expiration of the Visa. The information we have is that his visa was revoked. So he has been living in America without a visa,” he said on the KeyPoints on TV3 Saturday, January 10.

    According to reports, a US visa can be revoked if the holder becomes ineligible for it. This can happen if they violate their status, commit fraud, or otherwise fall under a ground of inadmissibility.

    Dr Srem-Sai also mentioned that Ghanaian authorities collaborated with the US law enforcement agencies on Ken’s arrest.

    “We are keenly involved in this matter. We collaborate with law enforcement agencies in this matter,” he said on the Key Points on TV3 Saturday, January 10.

    About Ken’s arrest and detention by ICE

    Meanwhile, Ken’s lawyers in their public statement explained that, “The United States Immigration and Customs Enforcement (ICE), as of yesterday, detained the former Minister for Finance, Mr Ken Ofori-Atta, regarding the status of his current stay in the United States. His US legal team is in contact with ICE and expects the matter to be resolved expeditiously.”

    Ken Ofori-Atta left Ghana for the United States on January 4, 2025, according to investigative reporting detailing his departure timeline and visa use. As of today, January 8, 2026, that places his time in the U.S. at approximately 1 year and 4 days, following which he has been detained.

    While his lawyers didn’t explicitly state whether he had overstayed his visa time, they noted that “Mr Ofori-Atta has a pending petition for adjustment of status, which authorises a person to stay in the US legally past the period of validity of their visa. Under US law, a change of status by this method is common.”

    His lawyers stressed that their client was a law-abiding individual and had cooperated with the authorities to resolve the issue.

    “The Public is therefore advised to note that Mr Ken Ofori-Atta, as a law-abiding person, is fully cooperating with ICE to have this issue resolved. Bruce Towers, 3 Enmanuto 20 Labone, Accra P. O. Box 14951, Accra, Ghana TEL: +233 (0)302 781624 alafo.atcra@mpb.com.”

    He was reported to have moved to the USA to seek medical care after suffering from post-COVID Multi-System Inflammatory Response Syndrome, diagnosed in 2021, requiring continued medical supervision.

    He has been receiving treatment for prostate cancer and previously underwent a radical prostatectomy at the Mayo Clinic in Rochester, Minnesota, following medical evaluations earlier in the year.

    This comes amid a legal tussle involving Ofori-Atta. The Special Prosecutor, for about eight months, has been making efforts to bring him to Ghana to face the law over some corruption-related issues.

    Ofori-Atta, who served as Ghana’s Finance Minister from 2017 to 2023, steered fiscal policy during the COVID-19 pandemic, debt restructuring efforts and IMF negotiations.

    His extended stay in the U.S. has coincided with ongoing legal proceedings in Ghana, including corruption-related charges filed by the Office of the Special Prosecutor in November 2025, currently at the case-management stage.

    The Attorney-General (A-G), Dr Dominic Ayine, would have a difficult time in getting former Finance Minister Ken Ofori-Atta back in Ghana to face corruption charges, private legal practitioner Austin Brako-Powers has noted.

    Speaking to the media, he explained that the Attorney-General has made public statements that appear biased or unfair, and that has turned the issue into a political matter. Because of this politicisation, he believes Ghana’s case will look weaker and less credible when it is considered by authorities in the United States.

    He added, “I am saying that the Attorney-General will not be successful in extraditing Ken Ofori-Atta to this country. Based on the public commentaries of the Attorney-General and the Special Prosecutor [Kissi Agyebeng], they will not,mark it,be able to extradite Ken Ofori-Atta.”

    “This is a high-profile extradition case involving a former finance minister, a central figure in the previous administration. It will attract significant attention, and key questions around motive, fairness, and political neutrality will arise.

    “Added to that are the prejudicial public statements by the Attorney-General and the Special Prosecutor [Kissi Agyebeng], which risk undermining Ghana’s credibility as a requesting state”.

  • Ken Ofori-Atta’s arrest was a targeted operation, not part of a wider swoop – Manasseh Azure

    Ken Ofori-Atta’s arrest was a targeted operation, not part of a wider swoop – Manasseh Azure

    Investigative journalist Manasseh Azure Awuni has shed more light on the arrest and detention of Ghana’s former Finance Minister, Ken Ofori-Atta, by US Immigration and Customs Enforcement (ICE).

    Speaking during an interview on TV3’s Key Points program on January 10, Manasseh revealed that Ofori-Atta’s arrest was a targeted operation by ICE and wasn’t part of a general swoop.

    He mentioned that witnesses present at the scene claim that Mr Ofori-Atta was arrested right after he exited his residence, a luxury apartment complex in Washington DC, known as Westlight Apartments, located at 1111 24th Street, on the morning of Tuesday, January 6.

    “This wasn’t like those organised raids by ICE in specific places. They got in specifically for him. As soon as he emerged from the entrance of the building, they moved in, surrounded him, got him into a car and drove him away,” Mr Azure said on January 10.

    He continued, “This is a luxury apartment complex in the West End of Washington DC, about a 20-minute walk from the White House, adding that former Vice President Kamala Harris owned a two-bedroom condo in this same apartment complex.”

    Following his arrest in Washington DC, Mr Ofori-Atta was transferred to a detention facility in Virginia, where he is currently being held.

    Manasseh also affirmed the assertions made by the Attorney-General, indicating that Mr Ofori-Atta’s US visa was revoked in June 2025, contrary to claims that it merely expired. However, he clarified that, earlier, Mr Ofori-Atta’s visa was supposed to have expired in the coming month but was revoked, making his last six months and some days stay in the US illegal, hence his detention.

    “The update we got exclusively this morning is that the US visa was revoked as far back as June 2025. He’s been living in the US illegally for the past six months, and that is what landed him in trouble with ICE. It is possible to have a visa with a future expiration date, but the state can still take it back,” he noted.

    “Extradition comes with a whole lot of legal issues, but if you overstay your visa, that changes everything” he added.

    Mr Ofori-Atta has been on Ghana’s wanted list for months now, and all efforts to bring him down to Ghana appear to have proven futile.

    However, Manasseh believes that his detention may make it easier for the US authorities to comply with Ghana’s extradition request. However, in a turn around of events, while many expressed excitement at the news of his potential extradition by the US, Mannasseh also revealed that the former Minister held valid visas from both the UK and Canada. The UK visa is set to expire on April 21, 2032, and Canada’s is set to expire on May 31, 2031.

    On January 7, Ken Ofori-Atta’s lawyers, Menka-Premo, Osei-Bonsu, Bruce-Cathline and Partners issued a statement confirming their client’s arrest by US Immigration and Customs Enforcement (ICE) over his immigration status.

    It explained that, “The United States Immigration and Customs Enforcement (ICE), as of yesterday, detained the former Minister for Finance, Mr Ken Ofori-Atta, regarding the status of his current stay in the United States. His US legal team is in contact with ICE and expects the matter to be resolved expeditiously.”

    Ken Ofori-Atta left Ghana for the United States on January 4, 2025, according to investigative reporting detailing his departure timeline and visa use. As of today, January 8, 2026, that places his time in the U.S. at approximately 1 year and 4 days, following which he has been detained.

    While his lawyers didn’t explicitly state whether he had overstayed his visa time, they noted that “Mr Ofori-Atta has a pending petition for adjustment of status, which authorises a person to stay in the US legally past the period of validity of their visa. Under US law, a change of status by this method is common.”

    His lawyers stressed that their client was a law-abiding individual and had cooperated with the authorities to resolve the issue.

    “The Public is therefore advised to note that Mr Ken Ofori-Atta, as a law-abiding person, is fully cooperating with ICE to have this issue resolved. Bruce Towers, 3 Enmanuto 20 Labone, Accra P. O. Box 14951, Accra, Ghana TEL: +233 (0)302 781624 alafo.atcra@mpb.com.”

    He was reported to have moved to the USA to seek medical care after suffering from post-COVID Multi-System Inflammatory Response Syndrome, diagnosed in 2021, requiring continued medical supervision.

    He has been receiving treatment for prostate cancer and previously underwent a radical prostatectomy at the Mayo Clinic in Rochester, Minnesota, following medical evaluations earlier in the year.

    This comes amid a legal tussle involving Ofori-Atta. The Special Prosecutor, for about eight months, has been making efforts to bring him to Ghana to face the law over some corruption-related issues.

    Ofori-Atta, who served as Ghana’s Finance Minister from 2017 to 2023, steered fiscal policy during the COVID-19 pandemic, debt restructuring efforts and IMF negotiations.

    His extended stay in the U.S. has coincided with ongoing legal proceedings in Ghana, including corruption-related charges filed by the Office of the Special Prosecutor in November 2025, currently at the case-management stage.

    The Attorney-General (A-G), Dr Dominic Ayine, would have a difficult time in getting former Finance Minister Ken Ofori-Atta back in Ghana to face corruption charges, private legal practitioner Austin Brako-Powers has noted.

    Speaking to the media, he explained that the Attorney-General has made public statements that appear biased or unfair, and that has turned the issue into a political matter. Because of this politicisation, he believes Ghana’s case will look weaker and less credible when it is considered by authorities in the United States.

    He added, “I am saying that the Attorney-General will not be successful in extraditing Ken Ofori-Atta to this country. Based on the public commentaries of the Attorney-General and the Special Prosecutor [Kissi Agyebeng], they will not, mark it, be able to extradite Ken Ofori-Atta.”

    “This is a high-profile extradition case involving a former finance minister, a central figure in the previous administration. It will attract significant attention, and key questions around motive, fairness, and political neutrality will arise.

    “Added to that are the prejudicial public statements by the Attorney-General and the Special Prosecutor [Kissi Agyebeng], which risk undermining Ghana’s credibility as a requesting state”.

  • Ken Ofori-Atta arrested and detained in U.S.

    Ken Ofori-Atta arrested and detained in U.S.

    Ghana’s embattled former Finance Minister has been arrested and detained by the U.S. Immigration and Customs Enforcement (ICE) over his stay in the country.

    This was confirmed by his lawyers in a public statement shared yesterday, December 7, detailing the circumstances leading to his arrest.

    They explained that, “The United States Immigration and Customs Enforcement (ICE), as of yesterday, detained the former Minister for Finance, Mr Ken Ofori-Atta, regarding the status of his current stay in the United States. His US legal team is in contact with ICE and expects the matter to be resolved expeditiously.”

    Ken Ofori-Atta left Ghana for the United States on January 4, 2025, according to investigative reporting detailing his departure timeline and visa use. As of today, January 8, 2026, that places his time in the U.S. at approximately 1 year and 4 days, following which he has been detained. 

    While his lawyers didn’t explicitly state whether he had overstayed his visa time, they noted that  “Mr Ofori-Atta has a pending petition for adjustment of status, which authorises a person to stay in the US legally past the period of validity of their visa. Under US law, a change of status by this method is common.”

    His lawyers stressed that their client was a law-abiding individual and had cooperated with the authorities to resolve the issue.

    “The Public is therefore advised to note that Mr Ken Ofori-Atta, as a law-abiding person, is fully cooperating with ICE to have this issue resolved. Bruce Towers, 3 Enmanuto 20 Labone, Accra P. O. Box 14951, Accra, Ghana TEL: +233 (0)302 781624 alafo.atcra@mpb.com.”

    He was reported to have moved to the USA to seek medical care after suffering from post-COVID Multi-System Inflammatory Response Syndrome, diagnosed in 2021, requiring continued medical supervision.

    He has been receiving treatment for prostate cancer and previously underwent a radical prostatectomy at the Mayo Clinic in Rochester, Minnesota, following medical evaluations earlier in the year.

    This comes amid a legal tussle involving Ofori-Atta. The Special Prosecutor, for about eight months, has been making efforts to bring him to Ghana to face the law over some corruption-related issues.

    Ofori-Atta, who served as Ghana’s Finance Minister from 2017 to 2023, steered fiscal policy during the COVID-19 pandemic, debt restructuring efforts and IMF negotiations.

    His extended stay in the U.S. has coincided with ongoing legal proceedings in Ghana, including corruption-related charges filed by the Office of the Special Prosecutor in November 2025, currently at the case-management stage.

    The Attorney-General (A-G), Dr. Dominic Ayine, would have a difficult time in getting former Finance Minister Ken Ofori-Atta back in Ghana to face corruption charges, private legal practitioner Austin Brako-Powers has noted.

    Speaking to the media, he explained that the Attorney-General has made public statements that appear biased or unfair, and that has turned the issue into a political matter. Because of this politicisation, he believes Ghana’s case will look weaker and less credible when it is considered by authorities in the United States.

    He added, “I am saying that the Attorney-General will not be successful in extraditing Ken Ofori-Atta to this country. Based on the public commentaries of the Attorney-General and the Special Prosecutor [Kissi Agyebeng], they will not—mark it—be able to extradite Ken Ofori-Atta.”

    “This is a high-profile extradition case involving a former finance minister, a central figure in the previous administration. It will attract significant attention, and key questions around motive, fairness, and political neutrality will arise.

    “Added to that are the prejudicial public statements by the Attorney-General and the Special Prosecutor [Kissi Agyebeng], which risk undermining Ghana’s credibility as a requesting state”.

    His comments are a reaction to a recent announcement by the A-G, disclosing that the office had concluded all the necessary processes in ensuring that the former minister is extradited from the United States (U.S.). On Thursday, December 18, the A-G indicated that the extradition of former Finance Minister Ken Ofori-Atta and an alleged accomplice, Ernest Darko Kore, from the United States has formally been submitted by the Attorney General (A-G), Dr. Dominic Ayine.

    Speaking at the government’s Accountability Series held on Thursday, December 18, Minister for Justice and Attorney-General, Dr Dominic Ayine, said the duo’s extradition processes were initiated by the Office of the Special Prosecutor (OSP) on November 19.

    He added that the Attorney General’s Department initially examined the documents related to the case; however, the International Cooperation Unit found that some parts of the paperwork were incomplete.

    Dr Ayine added, “As a result, we communicated our observations to the Office of the Special Prosecutor in a letter dated November 25 and requested additional documentation to ensure completeness.”

    He noted that, in response, the OSP finalised the extradition request package on December 9 by providing supplementary documents and addressing the issues raised by the International Cooperation Unit.

    Dr Ayine added that the completed extradition request was subsequently forwarded to the Ministry of Foreign Affairs on December 10 for onward transmission to the appropriate authorities in the United States, specifically the Department of Justice, to conclude the process.

    Adding, “At this point, it is left to the authorities of the United States, particularly the judicial authorities, to determine whether there is sufficient basis for the two accused persons to be extradited to Ghana to stand trial.”

    Ofori-Atta continues to be a central figure in a legal battle, despite his current health condition. Ofori-Atta appeared on Interpol’s website for “using public office for profit” after being declared wanted by the OSP.

    This followed his failure to appear before the Office of the Special Prosecutor (OSP) on Monday, June 2. His lawyers are said to have formally communicated the development to the OSP and the Human Rights Court, submitting medical reports that detail his current condition and outline scheduled surgical procedures.

  • I am not shielding Ofori-Atta from facing justice – Akufo-Addo clarifies

    I am not shielding Ofori-Atta from facing justice – Akufo-Addo clarifies

    Former President Nana Addo Dankwa Akufo-Addo has distanced himself from claims implying he is intervening to ensure former Finance Minister Ken Ofori-Atta goes scot-free despite corruption allegations leveled against him.


    According to reports, Akufo-Addo has reached out to President John Dramani Mahama regarding the safe passage of former Finance Minister Ken Ofori-Atta.

    But a statement from the office on Tuesday, December 16, emphasised that although Akufo-Addo has familial ties with the embattled former minister, that does not allow him to interfere with legal processes.


    “The office wishes to state emphatically that this publication is utterly false. It is a total fabrication by the supposed source. Nana Addo Dankwa Akufo-Addo has neither contemplated such a consideration nor expressly or impliedly made any request or representation to President John Dramani Mahama. Hopefully, this sets the record straight on the matter,” the statement concluded.


    Currently, the Office of the Special Prosecutor (OSP) and the Economic and Organised Crime Office (EOCO) are working to ensure Ofori-Atta faces the law.

    The long-awaited trial of Ghana’s former Finance Minister Ofori-Atta began on Thursday, December 11; however, it was conducted in absentia, sparking several questions about the US’s extradition process. It has been 11 months since the OSP put him on its wanted list with a 78-count indictment alleging corruption and financial loss to the state.


    Reacting to these concerns, Chargé d’Affaires at the U.S. Embassy in Accra, Rolf Olson, during a media roundtable with visiting Deputy Assistant Secretary for West Africa in the U.S. Department of State’s Bureau of African Affairs, William B.

    Stevens, on Friday, December 12, 2025, emphasised that the US government is always open to extradition requests from Ghana; however, because the process is structured and judicially driven, it usually takes time to complete.


    “We are always open to receiving extradition requests. That is an important part of any good bilateral relationship, and certainly of ours. The process of evaluating an extradition request on the American side is very well established, but it is not generally very quick. Once we receive a request, it goes through the various mechanisms we have in place,” he said.


    Meanwhile, during the trial at the Criminal Court 5 in Accra, the OSP told the court that while Mr. Ofori-Atta is currently outside Ghana and has cited health reasons for his absence, it has applied appropriate legal mechanisms, including summons and cooperation with international law enforcement where applicable, to ensure appearances as required by law.


    As of Monday, December 8, 2025, more than 3,100 people had signed a public petition addressed to the US Embassy in Accra demanding the extradition of former Finance Minister Ken Ofori-Atta.


    US-based Ghanaian Professor Stephen Kwaku Asare, also known as Kwaku Azar, initiated the petition on December 2, requesting that American authorities collaborate with the Ghanaian government to facilitate the extradition of Mr. Ofori-Atta, who has been formally charged with economic crimes and corruption-related offenses.


    It requests that the Embassy assist in confirming Mr. Ofori-Atta’s location, encourage cooperation between Ghanaian and US authorities, and expedite the processing of any official extradition request.


    However, commenting on whether the American government was willing to cooperate with local authorities to trigger any process in the US, Rolf Olson explained that processes for evaluating an extradition request on the American side are “very well-established and it is generally not very quick.”


    He added that if the US receives a request, it goes through the various mechanisms. “But the door is always open to requests. There is no individual case that can be prejudged because US judges make the decisions, so they can approve or disapprove a request.”


    Mr. Rolf Olson revealed that, since President Mahama took office this year, the US government has extradited nine Ghanaians, with the majority of the cases linked to romance scams or what is recently described as “elder crime.”

    “Since President Mahama took office at the beginning of the year, Ghana has extradited nine individuals to the United States. Most of them have been involved in cybercrime, or what is commonly referred to as elder crime. These individuals can victimise anyone, and perhaps they already have, though that remains to be established. If proven in court, they are the kind of people who should be in prison, not free to take advantage of others, particularly older persons. Although anyone could fall victim to such crimes, the idea of being targeted in this way is understandably horrifying,” he stressed.


    Meanwhile, before Ofori-Atta’s trial, the OSP announced on Monday, November 24, that it had postponed it to a later date.
    Although the OSP did not provide a reason for the adjournment, it indicated on the X platform on Monday that the new date would be made public.


    According to the OSP, “CR/0106/2026 Kenneth Nana Yaw Ofori-Atta & 7 Ors. This case has been adjourned as the Court would not sit on the originally scheduled date of 24 November 2025. A new date will be communicated to the Republic and the Accused Persons.”


    Although the OSP did not provide a reason for the recent adjournment, it indicated on the X platform on Monday that the new date will be made public.


    The OSP has emphasised that the Red Notice issued by the INTERPOL Commission for former Finance Minister Ken Ofori-Atta remains in force.


    According to the OSP, the former Finance Minister wrote to the INTERPOL Commission requesting the removal of the Red Notice placed on him.

    This information was disclosed by the OSP in a public notice issued on Wednesday, November 19. Parts of the notice read, “notified Ghanaian authorities that accused Kenneth Nana Yaw Ofori-Atta had applied for from INTERPOL’s Red Notice.”

    The statement added that the OSP further gave a response to the INTERPOL Commission on 22 October 2025.
    The OSP’s clarification comes after some media reports claimed that INTERPOL had removed the Red Notice from its website, adding that “the proceedings are still pending and the Commission for the Control of INTERPOL’s Files is still studying the case.”


    Ofori-Atta appeared on Interpol’s website for “using public office for profit” after being declared wanted by the OSP in June. This followed his failure to appear before the OSP on Monday, June 2.


    His lawyers are said to have formally communicated the development to the OSP and the Human Rights Court, submitting medical reports that detail his current condition and outline scheduled surgical procedures.


    The OSP, during an engagement with the press on Tuesday, June 3, noted the failure of the former minister to inform the OSP of changes in medical procedures that were to have happened in March of this year.


    “He has failed to show any medical report that shows he is a medical risk. We want him physically, and we insist on it,” the OSP said, while noting that Mr. Ofori-Atta cannot dictate the mode of investigation. “His conduct is totally unacceptable. We will no longer tolerate him,” the OSP added.

  • US govt confirms extradition of 9 Ghanaians this year

    US govt confirms extradition of 9 Ghanaians this year

    Conversations emerged particularly after the Office of the Special Prosecutor (OSP) began trial of one Ghana’s most persued official, former Finance Minister Ken Ofori-Atta in absentia.

    Many raised questions about the USA government’s position on extradition of Ghanaians in its country since the former Finance Minister has been pursed for about 11 months.

    Addressing these concerns, Chargé d’Affaires at the U.S. Embassy in Accra, Rolf Olson, during a media roundtable conversation with visiting Deputy Assistant Secretary for West Africa in the U.S. Department of State’s Bureau of African Affairs, William B. Stevens, on Friday, December 12, at the U.S. Embassy in Accra, emphasised that, the US government is always open to extradition requests from Ghana however, because the process is structured, and judicially driven, it usually takes time to complete.

    Mr Rolf Olson revealed that, since President Mahama took office this year, the US government has extradited nine Ghanaians, with the majority of the cases linked to romance scams or what is recently described as “elder crime”. 

    “Since President Muhammad took office at the beginning of the year, Ghana has extradited nine individuals to the United States. Most of them have been involved in cybercrime, or what is commonly referred to as elder crime. These individuals can victimise anyone, and perhaps they already have, though that remains to be established. If proven in court, they are the kind of people who should be in prison, not free to take advantage of others, particularly older persons.

    Although anyone could fall victim to such crimes, the idea of being targeted in this way is understandably horrifying,” he stressed.

    He continued that “We are always open to receiving extradition requests. That is an important part of any good bilateral relationship, and certainly of ours. The process of evaluating an extradition request on the American side is very well established, but it is not generally very quick. Once we receive a request, it goes through the various mechanisms we have in place,” he said.

    Meanwhile, during the trial at the Criminal Court 5 in Accra, the OSP told the courts that while Mr Ofori-Atta is currently outside Ghana and has cited health reasons for his absence, it has applied appropriate legal mechanisms, including summons and cooperation with international law enforcement where applicable, to ensure appearances as required by law.

    As of Monday, December 8, 2025, more than 3,100 people had signed a public petition addressed to the US Embassy in Accra demanding the extradition of former Finance Minister Ken Ofori-Atta.

    US-based Ghanaian Professor Stephen Kwaku Asare, also known as Kwaku Azar, started the petition on December 2, asking American authorities to work with the Ghanaian government to help extradite Mr Ofori-Atta, who has been officially charged with economic crimes and corruption-related offences.

    It requests that the Embassy help confirm Mr Ofori-Atta’s location, encourage cooperation between Ghanaian and US authorities, and speed up the processing of any official extradition request.

    However, commenting on whether or not the American government was willing to cooperate with local authorities to trigger any process in the US, Rolf Olson explained that processes for evaluating an extradition request on the American side are “very well-established and it is generally not very quick.”

    He added that if the US receives a request, it goes through the various mechanisms. “But the door is always open to requests. There is no individual case that can be prejudged because US judges make the decisions, so they can approve or disapprove a request.”

    Meanwhile, before Ofori Atta’s trial, the OSP announced on Monday, November 24, that it had postponed it to a later date.

    Although the OSP did not provide a reason for the adjournment, it indicated on the X platform on Monday that the new date would be made public.

    According to the OSP, “CR/0106/2026 Kenneth Nana Yaw Ofori-Atta & 7 Ors. This case has been adjourned as the Court would not sit on the originally scheduled date of 24 November 2025. A new date would be communicated to the Republic and the Accused Persons”.

    Although the OSP did not provide a reason for the recent adjournment, it indicated on the X platform on Monday that the new date will be made public.

    The Office of the Special Prosecutor (OSP) has emphasised that the Red Notice issued by the INTERPOL Commission for former Finance Minister Ken Ofori-Atta remains in force.

    According to the OSP, the former Finance Minister wrote to the INTERPOL Commission requesting the removal of the Red Notice placed on him. This information was disclosed by the OSP in a public notice issued on Wednesday, November 19.

    Parts of the notice read, “notified Ghanaian authorities that accused Kenneth Nana Yaw Ofori-Atta had applied for from INTERPOL’s Red Notice.” The statement added that the OSP further gave a response to the INTERPOL commission on 22 October 2025.

    The OSP’s clarification comes after some media reports claimed that INTERPOL had removed the Red Notice from its website, adding that “the proceedings are still pending and the Commission for the Control of INTERPOL’s Files is still studying the case.”

    Ofori-Atta appeared on Interpol’s website for “using public office for profit” after being declared wanted by the OSP in June. This was after he failed to appear before the Office of Special Prosecutor (OSP) on Monday, June 2.

    His lawyers are said to have formally communicated the development to the OSP and the Human Rights Court, submitting medical reports that detail his current condition and outline scheduled surgical procedures.

    The OSP, during an engagement with the press on Tuesday, June 3, noted the failure of the former minister to inform the OSP of changes in medical procedure that were to have happened in March of this year.

    “He has failed to show any medical report that shows he is a medical risk . We want him physically, and we insist on it,” the OSP said, while noting that Mr Ofori-Atta cannot indicate the mode of investigation. His conduct is totally unacceptable. We will no longer tolerate him,” the OSP added.

  • Trial of Ofori-Atta and 7 co-accused begins today

    Trial of Ofori-Atta and 7 co-accused begins today

    Former Minister of Finance, Ken Ofori-Atta, and seven other accused persons are scheduled to appear before Criminal Court 5 in Accra today, Thursday, December 11.

    They are standing trial on corruption and corruption-related charges, including causing financial loss to the state. The accused were expected to appear before Criminal Court 3 on Monday, November 24, to answer allegations leveled against them.

    The defendants, who face 78 charges, are standing trial for their roles in the Strategic Mobilisation Limited (SML) deal, which allegedly caused financial loss to the state.


    The others involved in the trial include Ernest Darko Akore, former Chief of Staff to the Finance Minister; Emmanuel Kofi Nti and Rev. Ammishaddai Owusu-Amoah, both former Commissioner-Generals of the GRA; Isaac Crentsil; Kwadwo Damoah, former Commissioner of the Customs Division; Evans Adusei, CEO of SML; and Strategic Mobilisation Ghana Ltd.


    During a press conference on Thursday, October 30, the OSP accused the former Finance Minister of approving payments to SML without any technical or operational justification.

    According to the OSP, Ofori-Atta failed to intervene even though SML openly lacked the necessary capacity, expertise, and tools to execute its contract. Instead, he allegedly remained complicit, approving payments from the Consolidated Fund, the Petroleum Revenue Account, and the Tax Refund Account.


    The OSP stated, “Had he not been personally benefiting from SML’s unlawfully procured contracts, the openly displayed lack of capacity, expertise, and tools would have immediately triggered his intervention to halt payments and demand accountability. Instead, he looked on conspiratorially in silence while endorsing and approving payments to SML from the Consolidated Fund, Petroleum Revenue Account, and Tax Refund Account with no technical or operational basis.”


    Strategic Mobilisation Limited has been operating in Ghana for the past five years to oversee revenue in the oil (upstream) and mining (mineral) sectors.

    In 2024, the revenue arm of the government discontinued two contract transactions—the Audit and External Verification Service Contract (AEVS) with SML—and halted portions of the contract agreement.


    The GRA also suspended SML’s Upstream Petroleum and Minerals Revenue Audit until further notice, following a report from KPMG presented to then-President Akufo-Addo regarding irregularities in SML’s deals.

    Last week, President John Dramani Mahama ordered the termination of the SML deal after a comprehensive investigation conducted by the OSP, led by Mr. Kissi Agyebeng. The termination was communicated through a letter to the Finance Minister, Dr. Cassiel Ato Forson.


    Following the investigations, the anti-corruption agency identified procurement breaches and irregularities in contract awards, overreach beyond SML’s original mandate, inflated costs with questionable service delivery, and legal concerns.

    The SML contracts included multiple components, such as a Transaction Audit and External Price Verification service agreement, a Measurement Audit for Downstream Petroleum Products contract, and later agreements for Upstream Petroleum and Minerals & Metals audit services.


    On May 3, 2024, the GRA terminated two of those contracts (Transaction Audit & External Price Verification) and suspended the Upstream Petroleum & Minerals Audit portion under the previous government.

    In June 2025, following the OSP’s findings, the Measurement Audit for Downstream Petroleum Products—the main SML contract—was completely terminated, saving Ghana over GHS 1.2 billion.


    In an addendum shared on its X handle, the OSP noted additional savings beyond the GHS 1.2 billion. According to the agency, Ghana has now saved more than GHS 2.6 billion and US$173 million. These additional savings resulted from avoiding payments tied to crude oil and gold export monitoring services that were never implemented.


    The OSP stated, “Following the earlier announcement that Ghana saved over GHS 1.2 billion from the cancellation of the main SML revenue assurance contract, there are additional savings from the upstream and mineral sector components of the agreement.

    These contracts, based on a variable fee structure linked to exports of crude oil and gold, would have cost the State approximately US$173 million for crude oil and GHS 2.6 billion for gold exports over five years. SML did not commence work as the arrangement coincided with the KPMG audit. Owing to the criminal investigations by the OSP and the subsequent cancellation by the President, Ghana has now avoided these further costs.”

    In a detailed press briefing, the OSP highlighted critical findings that exposed systemic breaches of public financial regulations and clear misuse of authority resulting in financial loss to the state.


    “There was no genuine need for contracting SML for the obligations it’s purported to perform,” the Special Prosecutor declared.


    Mr. Agyebeng has solidified the case against SML, alleging that former Finance Minister Ken Ofori-Atta approved payments without technical or operational justification.

    According to the OSP, Ofori-Atta failed to intervene despite SML’s lack of capacity, expertise, and tools, remaining complicit by approving payments from the Consolidated Fund, Petroleum Revenue Account, and Tax Refund Account.


    The investigation also revealed SML’s inability to perform the contracted revenue assurance services, including transaction audits and external price verification. Even after 15 months, SML reportedly “had no system in place to receive CCVRs” (customs control and valuation records), essential data needed to execute its tasks. Additionally, the existing data provider, West Blue, was under “no legal obligation to release the vital data” to SML.

    Consequently, the assigned work remained uncompleted, yet payments continued, resulting in financial loss to the state.


    Former Finance Minister Ken Ofori-Atta has been declared wanted by the OSP for causing financial loss to the state in several dealings, including the contractual arrangement between SML and the GRA, aimed at enhancing revenue assurance in the downstream petroleum sector, upstream petroleum production, and the minerals and metals resource value chain.


    Concerns over SML’s activities were first raised years ago by investigative journalist Manasseh Azure Awuni. The GRA-SML contract was originally intended to boost revenue assurance in key sectors, streamline revenue collection, and ensure transparency and efficiency.


    An in-depth audit by KPMG, commissioned by former President Nana Addo Dankwa Akufo-Addo, revealed procedural errors and regulatory violations in awarding the contract. Specifically, the GRA did not obtain approval from the Public Procurement Authority (PPA) and failed to seek parliamentary oversight before finalising the agreement with SML.


    The GRA entered into six service agreements with SML using the single-source procurement method without PPA approval. The first agreement, covering Transaction Audit Services, was signed on June 1, 2018, followed by a contract extension on January 1, 2019. On April 1, 2019, the GRA entered into another agreement for External Price Verification Services.


    On October 3, 2019, the parties signed a Consolidation Services Agreement, combining the Transaction Audit and External Verification Services. That same day, a separate agreement was signed for the Measurement Audit of Downstream Petroleum Products. Later, on July 29, 2020, an addendum to the Measurement Audit agreement was executed. The audit also revealed that SML owes the government over GHS 31 million in taxes.

  • Ofori-Atta, 7 others to appear before court over SML scandal on Nov. 24

    Ofori-Atta, 7 others to appear before court over SML scandal on Nov. 24

    The Criminal Court 3 has scheduled Monday, 24 November, to hear the corruption cases involving former Finance Minister Ken Ofori-Atta and six former senior officials of the Ghana Revenue Authority (GRA). Taking to the X platform, the OSP wrote, ” Court case update The Republic v Kenneth Ofori-Atta & 7 Ors. Accused persons will be arraigned before court on Monday, 24 November 2025. The Prosecution will seek the necessary court orders for service of the charge sheet on the fugitives who are outside of the jurisdiction”.

    The defendants, who face 78 charges, are standing trial for their roles in the Strategic Mobilisation Limited (SML) deal, which allegedly caused financial loss to the state.

    The others involved in the trial are Ernest Darko Akore, former Chief of Staff to the Finance Minister; Emmanuel Kofi Nti and Rev. Ammishaddai Owusu-Amoah, both former Commissioner-Generals of the GRA; Isaac Crentsil; Kwadwo Damoah, former Commissioner of the Customs Division; Evans Adusei, CEO of SML; and the Strategic Mobilisation Ghana Ltd company.

    During a press conference on Thursday, October 30, the Office of the Special Prosecutor (OSP) accused the former Finance Minister of approving payments to SML without any technical or operational justification. According to the OSP, Ofori-Atta failed to intervene even though SML openly lacked the necessary capacity, expertise, and tools to execute its contract. Instead, he allegedly remained complicit, approving payments from the Consolidated Fund, the Petroleum Revenue Account, and the Tax Refund Account.

    The OSP concluded, “Had he not been personally benefiting from SML’s unlawfully procured contracts, the openly displayed lack of capacity, expertise, and tools would have immediately triggered his intervention to halt payments and demand accountability. Instead, he looked on conspiratorially in silence while endorsing and approving payments to SML from the Consolidated Fund, Petroleum Revenue Account, and Tax Refund Account with no technical or operational basis,” the OSP said.

    Strategic Mobilisation Limited has been operating in Ghana for the past five years to oversee revenue in the oil (upstream) and mining (mineral) sectors. In 2024, the revenue arm of the government discontinued two contract transactions—the Audit and External Verification Service Contract (AEVS) with SML—and halted portions of the contract agreement.

    The GRA also suspended SML’s Upstream Petroleum and Minerals Revenue Audit until further notice, following a report from KPMG presented to then-President Akufo-Addo regarding irregularities in SML’s deals. Last week, President John Dramani Mahama ordered the termination of the SML deal after a comprehensive investigation conducted by the OSP, led by Mr. Kissi Agyebeng. The termination was communicated through a letter to the Finance Minister, Dr. Cassiel Ato Forson.

    Following the investigations, the anti-corruption agency identified procurement breaches and irregularities in contract awards, overreach beyond SML’s original mandate, inflated costs with questionable service delivery, and legal concerns. The SML contracts included multiple components, including a Transaction Audit and External Price Verification service agreement, a Measurement Audit for Downstream Petroleum Products contract, and later agreements for Upstream Petroleum and Minerals & Metals audit services.

    On 3 May 2024, the GRA terminated two of those contracts (Transaction Audit & External Price Verification) and suspended the Upstream Petroleum & Minerals Audit portion under the previous government. In June this year, following the OSP’s findings, the Measurement Audit for Downstream Petroleum Products—the main SML contract—was completely terminated, saving Ghana over GHS 1.2 billion.

    In an addendum shared on its X (formerly Twitter) handle, the OSP noted additional savings beyond the GHS 1.2 billion. According to the agency, Ghana has now saved more than GHS 2.6 billion and US$173 million. These additional savings resulted from avoiding payments tied to crude oil and gold export monitoring services that were never implemented.

    “Following the earlier announcement that Ghana saved over GHS 1.2 billion from the cancellation of the main SML revenue assurance contract, there are additional savings from the upstream and mineral sector components of the agreement. These contracts, based on a variable fee structure linked to exports of crude oil and gold, would have cost the State approximately US$173 million for crude oil and GHS 2.6 billion for gold exports over five years. SML did not commence work as the arrangement coincided with the KPMG audit. Owing to the criminal investigations by the OSP and the subsequent cancellation by the President, Ghana has now avoided these further costs,” the OSP noted.

    In a detailed press briefing, the OSP highlighted critical findings that exposed systemic breaches of public financial regulations and clear misuse of authority resulting in financial loss to the state.

    “There was no genuine need for contracting SML for the obligations it’s purported to perform,” the Special Prosecutor declared.

    Mr. Agyebeng has solidified the case against SML, alleging that former Finance Minister Ken Ofori-Atta approved payments without technical or operational justification. According to the OSP, Ofori-Atta failed to intervene despite SML’s lack of capacity, expertise, and tools, remaining complicit by approving payments from the Consolidated Fund, Petroleum Revenue Account, and Tax Refund Account.

    The investigation also revealed SML’s inability to perform the contracted revenue assurance services, including transaction audits and external price verification.

    Even after 15 months, SML reportedly “had no system in place to receive CCVRs” (customs control and valuation records), essential data needed to execute its tasks. Additionally, the existing data provider, West Blue, was under “no legal obligation to release the vital data” to SML. Consequently, the assigned work remained uncompleted, yet payments continued, resulting in financial loss to the state.

    Former Ken Ofori-Atta has been declared wanted by the OSP for causing financial loss to the state in several dealings, including the contractual arrangement between SML and the GRA, aimed at enhancing revenue assurance in the downstream petroleum sector, upstream petroleum production, and the minerals and metals resource value chain.

    Concerns over SML’s activities were first raised years ago by investigative journalist Manasseh Azure Awuni. The GRA-SML contract was originally intended to boost revenue assurance in key sectors, streamline revenue collection, and ensure transparency and efficiency.

    An in-depth audit by KPMG, commissioned by former President Nana Addo Dankwa Akufo-Addo, revealed procedural errors and regulatory violations in awarding the contract. Specifically, the GRA did not obtain approval from the Public Procurement Authority (PPA) and failed to seek parliamentary oversight before finalising the agreement with SML.

    The GRA entered into six service agreements with SML using the single-source procurement method without PPA approval. The first agreement, covering Transaction Audit Services, was signed on June 1, 2018, followed by a contract extension on January 1, 2019. On April 1, 2019, the GRA entered into another agreement for External Price Verification Services.

    On October 3, 2019, the parties signed a Consolidation Services Agreement, combining the Transaction Audit and External Verification Services.

    That same day, a separate agreement was signed for the Measurement Audit of Downstream Petroleum Products. Later, on July 29, 2020, an addendum to the Measurement Audit agreement was executed. The audit also revealed that SML owes the government over GHS 31 million in taxes.

  • OSP takes formal legal action against Ofori-Atta, SML, and six others

    OSP takes formal legal action against Ofori-Atta, SML, and six others

    The Special Prosecutor has officially filed charges against former Finance Minister Ken Ofori-Atta, SML, and six others, signaling a major step in the corruption case.

    This move comes after President John Mahama directed that all SML-linked contracts be cancelled on October 31.

    His directive followed the OSP’s announcement that it had completed its investigation into the deals, which had generated widespread public concern.

    However, according to a statement released by the Superior Court of Judicature, OSP formally charges Ofori-Atta, SML and the six others have been charged for “conspiracy to commit the criminal offence of directly or indirectly influencing the procurement process to obtain an unfair advantage in the award of a procurement contract, contrary to section 23(1) of the Criminal Offences Act, 1960 (Act 29) and section 92(2)(b) of the Public Procurement Act, 2003 (Act 663).”

    “Kenneth Nana Yaw Ofori-Atta, 66 years, in your position as the Minister of Finance. Emmanuel Kofi Nti, 66 years, in your position as Acting Commissioner-General of Ghana Revenue Authority. Evans Adusei, 62 years, beneficial owner, Chief Executive and controlling mind of Strategic Mobilisation Ghana Limited.”

    Weeks ago, The Special Prosecutor, Kissi Agyepong, has concluded that there was “no genuine need” for the controversial revenue assurance contract between the Ghana Revenue Authority (GRA) and SML (Strategic Mobilisation Ghana Limited).

    In a highly detailed press briefing following a comprehensive investigation, the OSP mentioned critical findings that exposed systemic breaches of public financial regulations and a clear misuse of authority that caused the state to lose money.

    “There was no genuine need for contracting SML for the obligations it’s purported to perform,” the Special Prosecutor declared.

     Mr Agyebeng has solidified the case against the contentious Strategic Mobilisation Ghana Limited (SML) contract, alleging that former Finance Minister Ken Ofori-Atta approved payments without any technical or operational justification.

    According to the OSP, Ofori-Atta failed to intervene even though SML openly lacked the necessary capacity, expertise, and tools to execute its contract. Instead, he allegedly remained complicit, approving payments from the Consolidated Fund, the Petroleum Revenue Account, and the Tax Refund Account.

    The OSP’s investigation concluded, “Had he not been personally benefiting from the SML’s unlawfully procured contracts, the openly displayed by SML of a lack of capacity’s expertise and tools would have immediately triggered his intervention to halt payments to SML and demand accountability. Instead, he looked on conspiratorially in silence, while endorsing and approving payments to SML from the Consolidated Fund, Petroleum Revenue Account, and Tax Refund Account with no technical or operational basis,” the OSP said during a press conference on Thursday, October 30.

    The OSP’s findings expose SML’s clear inability to perform the revenue assurance services it was contracted for, which included key responsibilities such as transaction audits and external price verification.

    According to the investigation, the continuous “troubleshooting displayed during this period was born of the unlawful imposition of SML in the space and the still lingering reality of SML’s lack of capacity to carry out transaction audits and external price verification.”

    Even after 15 months of engagement, SML reportedly “had no system in place to receive CCVRs” (customs control and valuation records), the essential data needed to execute its tasks. Additionally, the existing data provider, West Blue, was under “no legal obligation to release the vital data” to SML.

    As a result, the assigned work remained uncompleted, yet the company “continued to be paid,” reinforcing the OSP’s conclusion that the situation led to a financial loss to the state.

    It is important to note that former Finance Minister Ken Ofori-Atta has been declared wanted by the OSP for causing financial loss to the state in several dealings, including the contractual arrangement between Strategic Mobilisation Ghana Limited and the Ghana Revenue Authority for the stated objective of enhancing revenue assurance in the downstream petroleum sector, upstream petroleum production, and minerals and metals resource value chain.

    The activities of SML came to light years ago after Manasseh Azure Awuni raised contractual breaches in a deal involving the Ghana Revenue Authority (GRA) and Strategic Mobilisation Limited (SML).

    The original purpose of the GRA-SML contract was to boost revenue assurance in vital sectors of Ghana’s economy, including the downstream petroleum sector, upstream petroleum production, and the minerals and metals value chain. The goal was to streamline revenue collection, ensuring greater transparency and efficiency in these high-revenue sectors.

    Following concerns, an in-depth audit was carried out by international firm KPMG, commissioned by former President Nana Addo Dankwa Akufo-Addo. The audit was launched to examine the contractual agreements between the Ghana Revenue Authority (GRA) and SML, with a particular focus on the procedures and approvals related to the contract.

    The KPMG audit uncovered significant procedural errors and regulatory violations in awarding the contract. Specifically, the GRA did not obtain the required approvals from the Public Procurement Authority (PPA) and failed to seek parliamentary oversight before finalising the agreement with SML.

    The Ghana Revenue Authority (GRA) entered into six service agreements with Strategic Mobilisation Ghana Limited (SML) using the single-source procurement method without obtaining approval from the Public Procurement Authority (PPA).

    The first agreement, covering Transaction Audit Services, was signed on June 1, 2018. This was followed by a Contract Extension on January 1, 2019. On April 1, 2019, the GRA entered into another agreement with SML for External Price Verification Services. Subsequently, on October 3, 2019, the two parties signed a Consolidation Services Agreement, which combined the Transaction Audit and External Verification Services.

    That same day, a separate agreement was also signed for the Measurement Audit of Downstream Petroleum Products. Later, on July 29, 2020, an Addendum to the Measurement Audit for Downstream Petroleum Products Agreement was executed.

    The audit report also revealed that SML owes the government over GHC31 million in taxes.

    During the period from September 1, 2020, to April 30, 2021, a bulk payment to SML covering invoices for eight months did not have VAT and WHT deductions, amounting to GHC13.38 million. This contradicts GRA’s standard practice of deducting such taxes for payments to SML between June 1, 2020, and August 31, 2023.

    Additionally, SML failed to fulfil its statutory obligations by neither filing returns nor remitting these taxes to the GRA. Pursuant to Section 71(1) of the RA Act, the accrued interest on the tax liability is estimated at GHC18.50 million owed by SML to the GRA as of January 31, 2024. Consequently, the total liability incurred by SML amounts to GHC31.88 million.

  • Becareful your lawsuit against OSP doesn’t cause you more harm – DKB to Ken Ofori-Atta

    Becareful your lawsuit against OSP doesn’t cause you more harm – DKB to Ken Ofori-Atta

    Ghanaian comedian Derrick Kobina Bonney (DKB) has advised former Finance Minister Ken Ofori-Atta to tread cautiously in his legal battle against the Office of the Special Prosecutor (OSP).

    This follows Ofori-Atta’s lawsuit filed on March 27, 2025, seeking to restrain the OSP from labeling him as a ‘wanted person’ and displaying his images on its social media platforms. His legal team argues that such actions violate administrative justice.

    The lawsuit comes after Special Prosecutor Kissi Agyebeng declared the former minister a fugitive in February 2025, sparking a standoff between the two parties.

    Reacting to the development, DKB issued a cautionary remark on X, warning that Ofori-Atta’s legal maneuvers could backfire.

    “Legal gymnastics, be careful you don’t end up breaking your own neck,” he stated.

    His comment suggests that while legal challenges are an option, miscalculations could lead to unintended consequences for the former minister.

    Read the post below:

  • BREAKING: Ken Ofori-Atta no longer a fugitive – OSP makes U-turn

    BREAKING: Ken Ofori-Atta no longer a fugitive – OSP makes U-turn

    The Office of the Special Prosecutor (OSP) has withdrawn the fugitive tag placed on former Finance Minister Ken Ofori-Atta over his failure to aid investigation into some corruption cases.

    In a statement dated February 18, the OSP explained that Mr. Ofori-Atta transmitted a communication through his lawyers to the OSP by which he stated a definite date of his voluntary return to the jurisdiction.

    “This marks a major shift from Mr. Ofori-Atta’s previous intention of remaining outside the jurisdiction indefinitely”, the OSP said, adding that it acceded to Mr. Ofori-Atta’s request as it deemed his stated date of voluntary return to the jurisdiction reasonable in the circumstances.

    The Special Prosecutor Kissi Agyebeng has rescheduled the date of Mr. Ofori-Atta’s attendance at the OSP taking into account Mr. Ofori-Atta’s stated date of voluntary return to the jurisdiction.

    “Consequently, Mr. Ofori-Atta has been removed from the OSP’s list of wanted persons and the OSP ceases to consider Mr. Ofori-Atta a fugitive from justice pending his voluntary return to the jurisdiction circa his stated date,” the statement read.

    The OSP, however, indicated that “If Mr. Ofori-Atta fails to voluntarily return to the jurisdiction circa his stated date, and if Mr. Ofori-Atta fails to attend the OSP on the rescheduled date, he shall be re-entered on the OSP’s list of wanted persons and the OSP shall then consider him a fugitive from justice, and the OSP shall take all necessary legal steps to secure his return to the jurisdiction and attendance at the OSP at our own choosing.”

    The Office of the Special Prosecutor (OSP) earlier shared on its social media platform an infographic detailing Minister Ken Ofori-Atta. In its post, the OSP noted that Mr Ofori-Atta could possibly be in the United States of America (USA) or the United Kingdom (UK).

    “Anyone with information on the whereabouts of this individual should alert the Office by calling or sending a WhatsApp message to 0554494499/0554484488,” the OSP further entreated.

    The Special Prosecutor Kissi Agyebeng last week declared the statesman wanted during a press conference on the grounds of causing financial loss to the state in several dealings, including;

    • Contractual arrangement between Strategic Mobilisation Ghana Limited and the Ghana Revenue Authority for the stated objective of the enhancement of revenue assurance in the downstream petroleum sector, upstream petroleum production, and minerals and metals resource value chain.
    • Termination of a distribution, loss reduction, and associated network improvement project contract between the Electricity Company of Ghana Limited and Beijing Xhao Chen Technology BXC.
    • Procurement of contractors and materials and activities and payments in respect of the National Cathedral project
    • Activities and payments in respect of a contract awarded by the Ministry of Health initially commenced by the Ministry for Special Development Initiative to service Ghana Auto Group Limited for purchases and after-sales service and maintenance of 307 Mercedes-Benz Sprinter 304 5 CDI Ambulances for the National Ambulance Service.
    • Payments out of and utilization of the tax refund account of the Ghana Revenue Authority.
  • Let him face the law if there’s sufficient evidence – Mpraeso MP on Ofori-Atta’s saga

    Let him face the law if there’s sufficient evidence – Mpraeso MP on Ofori-Atta’s saga

    New Patriotic Party (NPP) MP for Mpraeso, Davis Ansah Opoku, has supported investigations into alleged corruption involving former Finance Minister Ken Ofori-Atta.

    His statement comes after the Office of the Special Prosecutor (OSP) named Ofori-Atta as a suspect in four major cases. These include issues related to the National Cathedral Project, the Strategic Mobilization Limited (SML) revenue deal, and two other cases.

    Speaking on Channel One Newsroom on Wednesday, February 12, Opoku raised concerns about how the OSP is handling the case, especially its decision to call Ofori-Atta a fugitive.

    He stressed the importance of accountability but questioned whether the Special Prosecutor’s approach was fair and followed due process.

    “I am not here to defend anybody that the state feels has engaged in any wrongdoing. I mean, we are public officers and we are expected to govern with a certain dignity and so if there is sufficient evidence to indicate that the former Finance Minister has engaged in any wrongdoing, I believe that he ought to face the law and the due process must be followed.

    “However, we strongly believe that the processes leading to that process ought to follow a particular rule of law.

    We need to uphold the fundamental rights of every Ghanaian, irrespective of your service or whether the Ghanaian people like you or not and that has been our position.”

  • Revealed: “Ken-must-go” NPP MPs were mobilized by Bryan Acheampong

    Revealed: “Ken-must-go” NPP MPs were mobilized by Bryan Acheampong

    Member of Parliament for Abetifi and Minister for Food and Agriculture, Bryan Acheampong, has been revealed as the driving force behind the campaign by several New Patriotic Party (NPP) MPs to remove Ken Ofori-Atta from his position as Minister of Finance.

    In 2022, Ken Ofori-Atta faced significant criticism from a group of NPP lawmakers, who called for his dismissal.

    Over 90 MPs believed that Ofori-Atta had mismanaged the country’s economy, leading to widespread hardships for Ghanaians, and therefore, demanded his ousting.

    At the time, Andy Appiah Kubi, the Asante Akim North MP who served as the group’s spokesperson, was perceived as the mastermind behind the movement.

    However, it has now come to light that the true orchestrator was Bryan Acheampong. This revelation was made by renowned investigative journalist Manasseh Azure Awuni during an interview on Metro TV on Thursday, August 8, 2024, as he discussed his forthcoming book on the Akufo-Addo administration.

    “There was the ‘Ken-must-go’ campaign. At the time, someone told me that Bryan Acheampong was behind it. When I was writing the book, I realized that I needed to capture it because it was a major event in the Akufo-Addo administration,” Manasseh explained on Good Morning Ghana.

    Manasseh recounted his conversation with Acheampong: “I went to Bryan Acheampong and said, ‘I’m told you were behind the Ken-must-go rebellion,’ and he said, ‘If anybody said I was behind that, it is not accurate; I was actually in front of it.’”

  • Arrest Ken Ofori-Atta – Pillars of Cadres demands

    Arrest Ken Ofori-Atta – Pillars of Cadres demands

    The Pillars of Ghana Cadres, a faction within the National Democratic Congress (NDC), are demanding the immediate arrest of former Finance Minister Ken Ofori-Atta.

    This call comes after allegations that Ofori-Atta approved a $34.9 million expenditure on spare parts for ambulances, which they argue were overpriced and mishandled.

    The controversy emerged following revelations by Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu. Ablakwa disclosed that Ofori-Atta, along with former Health Minister Kweku Agyemang-Manu, facilitated payments to Service Ghana Auto Group Limited for servicing 307 ambulances. Ablakwa claimed that Ofori-Atta directed the Controller and Accountant-General to release $10 million, and suggested that Service Ghana Auto Group Limited has received significant payments for questionable servicing of these ambulances between 2020 and 2023.

    The exorbitant cost has raised serious concerns about possible corruption and financial mismanagement. The Pillars of Ghana Cadres have criticized the current administration for what they view as a severe misuse of state funds, calling for a comprehensive investigation and accountability, particularly targeting Ofori-Atta for his role in the approval process.

    The situation has further intensified political discourse on governance and accountability in Ghana. Public and political figures alike are calling for a swift, transparent probe into the matter.

    In a related development, Ablakwa has suggested that President Nana Addo Dankwa Akufo-Addo’s two daughters may be connected to Service Ghana Auto Group Limited. Ablakwa’s recent disclosures, including documents shared on social media, imply that the president’s daughters have business ties with the company, which could have influenced the approval of the deal.

    The revelations have sparked a heated debate about potential conflicts of interest and the integrity of the approval process.

    See below post:

  • Ofori-Atta implicated in Cape Three Point oil block exploration saga – Report

    Ofori-Atta implicated in Cape Three Point oil block exploration saga – Report

    Reports have it that recent investigations by OpenSource Investigations have revealed scrutiny surrounding former Finance Minister Ken Ofori-Atta’s involvement with American company ExxonMobil in the exploration of the Cape Three Point oil block.

    Despite resigning from office following criticism of his performance, Ofori-Atta’s connections to lucrative ventures under President Akufo-Addo’s government persist.

    Reports suggest that Ofori-Atta, through his companies Data Bank and Enterprise Life Assurance Company (ELAC) Limited, holds a stake in the Deepwater Cape Three Point oil block exploration project.

    This intricate shareholding involves Ghana Oil (GOIL) and a partnership with ExxonMobil, facilitated during Ofori-Atta’s tenure as Finance Minister.

    Allegations point to a maneuver orchestrated by former Energy Minister John Peter Amewu to allegedly influence ExxonMobil’s choice of local partner in the oil business.

    This purportedly led to the exclusion of Griffon Energy Africa Limited, owned by prominent businessman Dr. Sam Jonah, in favor of GOIL, in which Ofori-Atta has direct interests.

    Initially, ExxonMobil had selected Griffon Energy as its local partner in accordance with Ghana’s local content participation regulations, designating a 5% stake for an indigenous company alongside GNPC’s 15% stake in the block. However, under pressure from the Energy Minister, ExxonMobil switched to GOIL, allegedly influenced by Ofori-Atta’s connections.

    The saga unfolds as ExxonMobil, mandated to have a local partner as part of Ghana’s local content participation requirements, originally selected Griffon Energy for a 5% stake in the multi-billion dollar venture. The maneuvering behind the scenes paints a picture of political influence and potential conflicts of interest.

  • Education Minister to be summoned to parliament over GHS84m free Wi-Fi deal – Apaak

    Education Minister to be summoned to parliament over GHS84m free Wi-Fi deal – Apaak

    +Deputy Ranking Member of Parliament’s Education Committee, Dr. Clement Apaak, has announced plans to summon Education Minister, Dr. Yaw Osei Adutwum to Parliament regarding the provision of free Wi-Fi to Senior High Schools.

    Minority MPs are demanding that the Minister address lingering questions about the free Wi-Fi contract.

    During an appearance on the Super Morning Show on Monday, June 10, Dr. Apaak stated that if the Minister fails to appear before the Committee, he will be compelled to bring the matter before the plenary.

    Dr. Apaak disclosed that he has been pursuing answers from the Minister about this deal for three years without success.

    He stressed the urgency of resolving the matter and emphasized the importance of transparency in the Minister’s dealings.

    The Builsa South MP reiterated the Minority’s commitment to holding all individuals involved in the free Wi-Fi deal accountable.

    He emphasized that the Minister’s prolonged avoidance of the issue has only heightened the need for a thorough investigation.

    “When we resume tomorrow [Tuesday], I will speak to my leadership and I believe the committee of education now has a justifiable basis to wheel in the minister to respond to these questions before the committee and if he refuses to do so, then, we will have no choice than to file a motion to the speaker asking for him to be brought to answer the questions that I posed that he should have answered two-three years ago,” he said.

    This development comes after an investigation by The Fourth Estate revealed that a five-year contract was awarded to Busy Internet without the necessary parliamentary approval, as mandated by Ghana’s Public Financial Management Act in 2018.

    The investigation highlighted that Busy Internet was chosen over industry leaders like MTN, which had recently been licensed to provide 4G internet services, and Surfline Ghana Limited, another 4G service provider.

    When questioned by The Fourth Estate, Free Senior High School Coordinator William Darkwa explained that the major players were not interested in the project due to concerns about delayed government payments.

    Despite winning the contract, Busy Internet subcontracted MTN Ghana and AirtelTigo to deliver the services it had promised to provide to secondary schools and education offices nationwide.

    Initially, the Wi-Fi system functioned well, providing internet access to some schools. However, connectivity issues soon arose, and many schools lost access.

    A visit by The Fourth Estate to 50 schools in 2023 revealed that 48 of them had been without internet connection for several months. Numerous complaints to Busy Internet’s customer service went unresolved, leading to frustration and anger among the schools.

    The investigation raised further questions about how an unqualified company was selected as the sole-source candidate for such a significant government contract.

    The original contract between Busy Internet and the Ministry of Education set the project cost at GHS84.4 million, with the Education Ministry also committed to a monthly recurrent cost of GHS6.4 million for maintaining internet connectivity in schools and educational offices.

    This project aimed to fulfil a 2016 manifesto promise by the governing New Patriotic Party to provide free Wi-Fi coverage for senior secondary and tertiary institutions, enhancing learning, administration, and research capabilities.

    As of February 2024, the contract with Busy Internet had connected over 1,000 institutions to the internet, although the effectiveness and sustainability of these connections remain in question.

  • Ofori-Atta asked me to shut down GN Bank because it was affecting NPP’s chances – Nduom

    Ofori-Atta asked me to shut down GN Bank because it was affecting NPP’s chances – Nduom

    Chairman of Groupe Ndoum and former owner of the now-defunct Gold Coast Fund Management Company, Dr. Papa Kwesi Ndoum, has alleged that former Finance Minister Ken Ofori-Atta petitioned the Cabinet to facilitate the collapse of the now-defunct GN Bank to avert any political interference.

    According to Nduom, the memorandum by the former Finance Minister requested that the Cabinet revoke GN Bank’s banking license.

    He alleged that Ofori-Atta’s motive was to neutralize the bank and prevent it from being used to politically antagonize the ruling government.

    “I have with me here a memorandum submitted by the Minister of Finance at that time, Mr. Ken Ofori-Atta, asking Cabinet to agree for GN Bank to be collapsed, for its license to be taken. This memorandum didn’t consider that this bank was the biggest bank with the widest distribution in Ghana.

    “It didn’t recognize that we were providing banking services that increased financial inclusion in Ghana. It didn’t recognize that we were supporting financial development and economic development in Ghana.

    “It just said, these people are causing us problems and therefore it might affect our political chances, so let’s shut it down,” Dr. Paa Kwesi Nduom claimed in a viral video shared on X formerly Twitter.

    He revealed although the memorandum was presented to the cabinet, there was no consent to Ken Ofori-Atta‘s request to revoke the bank’s operating license.

    In 2019, under the government’s banking sector clean-up, GN Bank (which had become GN Savings and Loans), a company owned by Dr Nduom, had its operating license revoked over reasons of insolvency by the Bank of Ghana.

    Meanwhile, Dr Nduom has asserted that the government still owes two of his companies and other subsidiaries an amount exceeding GH¢7 billion.

    The Securities and Exchange Commission (SEC) had revoked the licenses of 53 fund management companies, including Gold Coast Fund Management, in 2019, leading to the freezing of depositors’ funds.

    Despite ongoing efforts by depositors and investors to retrieve their funds, they have faced challenges in recovering their investments.

    In a recent move to revitalize his companies, Dr. Ndoum has urged the government to reimburse contractors who had borrowed money from Groupe Ndoum.

    “A debt that used to be GH¢1.8 billion is now more than GH¢7.1 billion. It is growing every day with interest. So the government of Ghana and its agencies, if they had paid us even one-third of that money to the contractors six years ago, there wouldn’t be a Gold Coast or Black Shield problem.

    “There wouldn’t be a GN Bank problem, there wouldn’t be a problem with any of our companies. So today, what we are asking is we are saying let them pay the money. If the government doesn’t have the money, let us come up with a payment plan. They pay us, the customers get paid,” he said.

  • I lost a lot of money with DDEP, so I won’t invest in Ghana again – CDD’s Asiedu Sarpong

    I lost a lot of money with DDEP, so I won’t invest in Ghana again – CDD’s Asiedu Sarpong

    Former Finance Minister Ken Ofori-Atta introduced Ghana’s Domestic Debt Exchange Programme aiming to restore the country’s ability to manage its crippling debt.

    During the programme’s launch, the former Finance Minister stated that the goal of the Programme is “to invite holders of domestic debt to voluntarily exchange approximately GH¢137 billion of the domestic notes and bonds of the Republic, including E.S.L.A. and Daakye bonds, for a package of New Bonds to be issued by the Republic.”

    However, Dr. Kwame Asiedu Sarpong, a Fellow at the Center for Democratic Development (CDD-Ghana) and a pharmacist, voiced concerns about the impact of the government’s Domestic Debt Exchange program on his investments in the nation.

    During an interview with Kojo Marfo on Kumasi-based Abusua 96.5FM, Dr. Sarpong revealed that the Domestic Debt Exchange program caused him to lose an astonishing £19,000.

    He said “I invested £41,000 and lost more than £19,000. I received £22,000, which is 54% of my initial £41,000 investment,” he cried out.

    Meanwhile, at the launch, Ken Ofori-Atta reaffirmed the Government’s promise that there will be no reduction on bond principals and Treasury Bills, countering rumors that investors are set to lose their investments in the upcoming debt restructuring.

    Dr. Sarpong also mentioned that the depreciation of the Ghanaian cedi further affected his investment.

    “At the time I made the investment, £1 was just around 8-9 cedis, but when the restructuring occurred, and I lost the money, the pound was trading at GH¢14.8, resulting in a £19,000 loss,” he stressed.

    Vows to Avoid Future Investments in Ghana

    Reflecting on his experience, Dr. Asiedu Sarpong vowed not to invest in Ghana again. “With my experience and loss of money, I won’t invest in Ghana again,” he emphasized.

    Criticism of Economic Management and Political Leadership

    Dr. Asiedu Sarpong also criticized the head of the Economic Management team and the Presidential candidate for the ruling New Patriotic Party, stating, “While our economy is in turmoil, the man in charge is searching for the steering wheel.”

  • Ken Ofori-Atta meets Bahrain Crown Prince to boost Ghana-Bahrain economic ties

    Ken Ofori-Atta meets Bahrain Crown Prince to boost Ghana-Bahrain economic ties

    Ghana’s Senior Presidential Advisor and Special Envoy for International Finance and Private Sector Investments, Ken Ofori-Atta, recently had a meeting with Bahrain’s Crown Prince and Prime Minister, His Royal Highness Prince Salman bin Hamad Al Khalifa.

    As reported by the Daily Graphic, the meeting occurred at the Gudaibiya Palace in Bahrain on Tuesday, June 4, 2024, focusing on enhancing cooperation between the two nations, especially in finance and economic sectors.

    The Prime Minister of Bahrain highlighted the significance of bilateral relations between Ghana and Bahrain, advocating for increased collaboration across key sectors of both economies.

    Former finance minister Ken Ofori-Atta commended the ongoing development and progress in Bahrain and reaffirmed Ghana’s dedication to fortifying its relationship with Bahrain to foster economic growth and development in both countries.

    Other news outlets in Bahrain also noted that Ken Ofori-Atta’s discussion with the Prime Minister included regional and global issues of shared interest.

    Present with the former finance minister were several high-ranking Bahraini officials, including His Highness Shaikh Mohammed bin Salman bin Hamad Al Khalifa, Minister of Finance and National Economy; HE Shaikh Salman bin Khalifa Al Khalifa; and Minister of Cabinet Affairs, HE Hamad bin Faisal Al Malki.

    Additionally, Ken Ofori-Atta met with Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (Bahrain EDB), at the EDB’s headquarters.

    The Ghanaian delegation comprised Mohammed Habibu Tijani, Ambassador-designate of the Republic of Ghana to the Kingdom of Bahrain residing in Riyadh, Reginald Yofi Grant, Chief Executive Officer of the Ghana Investment Promotion Centre, along with other senior officials and representatives.

  • “Nsawam prison will be your new home immediately power changes hands” – X user mocks Ken Ofori-Atta

    “Nsawam prison will be your new home immediately power changes hands” – X user mocks Ken Ofori-Atta

    An X user who goes by the account name @nyavorx has mocked former Finance Minister Ken Ofori-Atta, suggesting that his time in power is limited once the National Democratic Congress (NDC) regains control.

    The post, accompanied by a laughing emoji, depicts the Finance Minister with his head in his hand, dressed in funeral attire and appearing deep in thought.

    The image implies challenging times ahead for the Finance Minister, as the X-user claims that corrupt officials from the NPP could face imprisonment due to their questionable activities.

    See post below:


    Specifically targeting the Finance Minister for his oversight of the National fund, the post insinuates that corrupt officials will face consequences if the NDC returns to power.

  • BoG fails again, announces GHC10.50bn loss after lossing GHC60bn the previous year

    BoG fails again, announces GHC10.50bn loss after lossing GHC60bn the previous year

    The Bank of Ghana has announced a loss of GHC10.50 billion for the financial year ending 2023.

    This significant loss is primarily attributed to an increase in total interest expenses on its open market operations.

    During the period under review, these expenses surged by GHC6.7 billion.

    This GH₵10.50 billion loss is, however, a substantial improvement compared to the GHC60.9 billion loss the Central Bank reported in 2022 following the impairment of its holdings of marketable government stocks and non-marketable instruments during the domestic debt exchange program.

    The Bank explained that the rise in expenses was necessary to manage the economy’s excess liquidity.

    It was also meant to support the disinflation process as part of the broader macroeconomic adjustment programme.

    The Bank of Ghana and its subsidiaries had total liabilities surpassing total assets by GH₵65.36 billion as of December 31, 2023.

    The total operating expenses for 2023 were GH₵19.2 billion, a significant decrease from the GH₵66.9 billion recorded in 2022.

    This reduction is attributed to lower impairment charges on loans and advances and the Bank’s holdings of Government of Ghana securities.

    The Bank of Ghana further explains that “this Open Market Operations activity, which accounted for a major portion of the loss incurred, yielded positive results.”

    The Bank of Ghana’s 2023 Annual Report and Financial Statement revealed that “the aggressive mopping up operations, contributed to slowing down inflation to 23.2 per cent by the end of 2023, significantly down from the rate of 54.1 per cent at the end of 2022.”

    According to the report, no funds were allocated for reserve appropriation, as the reserve amount was in deficit as of December 31, 2023.

    The Central Bank promptly added a note on policy solvency, emphasizing its ability to generate sufficient realized income to cover the costs associated with conducting monetary policy operations.

    In the opinion of the Board of Directors and Management, the policy solvency outcome for 2023 is consistent with the perspective held in 2022.

  • We didn’t vote for Ofori-Atta, Gabby; take charge – Rev. Owusu Bempah tells Akufo-Addo

    We didn’t vote for Ofori-Atta, Gabby; take charge – Rev. Owusu Bempah tells Akufo-Addo

    The founder and leader of Glorious Word Power Ministries, Reverend Owusu-Bempah, has called out President Akufo-Addo for his failure to independently govern the country with the assistance of his appointees.

    According to Rev. Owusu Bempah, there are rumors about the influence of some relatives of President Akufo-Addo in key decisions.

    He noted that former Finance Minister, Ken Ofori-Atta and prominent New Patrotic Party (NPP) member, Gabby Otchere-Darko, are said to be running the affairs of the country.

    “Very soon your tenure will be over so I will be candid with you, you’ve veered off the path you started on. From where I sit, I no longer see the love you used to have for the country. I want you to know that you’ve changed. After your first four years, Ghanaians hailed you so what has changed now?” he quizzed.

    “It is alleged that Ken Ofori-Atta and Gabby Otchere-Darko are the ones controlling the country now but Ghanaians did not vote for Ken Ofori-Atta and Gabby Otchere-Darko. You’ve let us down and allowed people to question the prophecies we gave prior to your arrival. You’ve changed. You no longer have love for the country. But it is not too late, you can still turn things around and ensure that you bow out on the high,” he said.

    He expressed concern that President Akufo-Addo‘s heart has hardened and strayed from the path that previously found favour in God’s sight.

    Drawing a parallel to the biblical King Saul, Reverend Owusu-Bempah suggested that the country’s current hardships may stem from the president deviating from God’s guidance.

    Reverend Owusu-Bempah, while delivering a sermon, initially intended to convey his message privately, he felt compelled to make it public after finding his pathway to the Jubilee House closed. He believes this is a divine directive to address the nation’s situation and guide it towards improvement.

    “The heart he had before becoming president has changed. He is now like Saul. God saw the kindheartedness of Saul and made him a ruler of Israel but at some point, Saul deviated and was not obeying the prophets and God’s words. God then pulled away from him which led to Israel suffering some challenges,” he said.

    With only eight months remaining in President Akufo-Addo‘s final term, Reverend Owusu-Bempah encouraged him to use this time to improve his legacy as president.

    Reverend Owusu-Bempah, once a close ally of President Akufo-Addo, has had a falling out with the president, repeatedly accusing him of being ungrateful.

    During a recent interview on Okay FM, Reverend Owusu-Bempah stated that he would never forgive President Akufo-Addo for undisclosed reasons. He also revealed that he no longer visits the first family, attributing this decision to the First Lady, Rebecca Akufo-Addo.

  • Governance expert warns of potential interference in Finance Ministry’s operations amid Ofori-Atta’s new appointment

    Governance expert warns of potential interference in Finance Ministry’s operations amid Ofori-Atta’s new appointment

    Renowned governance expert, Prof Baffour Agyeman-Duah, has voiced concerns over the newly appointed role of former Finance Minister Ken Ofori-Atta, suggesting that there could be potential interference with the duties of the current Finance Minister, Dr Mohammed Amin Adam. 

    During an interaction with the media, Prof Agyeman-Duah expressed apprehension that Ofori-Atta‘s new position could lead to overlap and ambiguity in the administration of financial matters, particularly in international engagements such as debt negotiations and loan arrangements. 

    His concern remarks come in the wake of President Akufo-Addo’s reshuffling of cabinet ministers, which saw Ofori-Atta receiving a new portfolio as Senior Presidential Advisor and Special Envoy for International Finance & Private Sector Investments.

    Giving his submission on the development, the Professor emphasized the importance of clarity and coordination in government roles to ensure effective governance.

    “The question is whether this is going to overshadow the work of the new Finance Minister, because as the new Finance Minister, he is leading the country in meeting our international obligations and negotiations on that,” Agyeman-Duah remarked.

    Mr Ofori-Atta’s appointment as Senior Presidential Advisor and Special Envoy for International Finance & Private Sector Investments was announced in a letter dated February 15, 2024, signed by the Chief of Staff, Frema Osei-Opare. The letter congratulated Ofori-Atta on his reassignment and wished him success in his new role.

    Reacting to his replacement, the outgoing Finance Minister expressed confidence in Dr. Mohammed Amin Adam, describing him as a “blessing for the future of Ghana.” In a release, Ofori-Atta lauded Adam’s leadership qualities and called for unity and diligence in supporting the new Finance Minister.

    “We all know him as a smart, humble and inclusive leader. Let me state with all humility that nothing would honour me and the ‘Office of the Minister’ more than for you to work with renewed diligence to guide Hon. Amin and our nation to the successful execution of the IMF-ECF programme to promote economic growth and transformation,” Ofori-Atta stated.

  • Ken Ofori-Atta becomes Senior Presidential Advisor, Special Envoy to Akufo-Addo

    Ken Ofori-Atta becomes Senior Presidential Advisor, Special Envoy to Akufo-Addo

    President Nana Addo Dankwa Akufo-Addo has designated the former Minister of Finance, Ken Ofori-Atta, to assume the role of Senior Presidential Advisor and Special Envoy for International Finance and Private Sector Investments.

    The appointment was conveyed in a letter dated February 15, 2024, signed by the Chief of Staff at the Presidency, Frema Osei-Opare.

    “I take this opportunity to congratulate you formally on your reassignment and wish you the very best in your new office,” the letter read. 

    Background

    On February 14, President Nana Addo Dankwa Akufo-Addo carried out a reshuffle of his ministerial appointees amid reports suggesting an imminent significant restructuring within the government.

    The President relieved 13 ministers at both the central and local government levels of their positions. Among those affected are the Minister for Finance, Ken Ofori-Atta, and the Minister for Roads and Highways, Kwasi Amoako-Atta.

    Other ministers who have been dismissed include the Minister for Health, Kwaku Agyeman Manu, and the Minister for Environment, Science, Technology, and Innovation, Dr. Kwaku Afriyie.

    In total, the President relieved 13 ministers and 10 deputy ministers of their duties, with some being reassigned to other roles.

  • Ken Ofori-Atta’s removal will not disrupt ongoing debt restructuring discussions – Economist

    Ken Ofori-Atta’s removal will not disrupt ongoing debt restructuring discussions – Economist

    Economists Dr. Said Boakye, Head of Research at the Institute of Fiscal Studies (IFS), and Professor Peter Quartey, Director of the Institute of Statistical, Social and Economic Research (ISEER), have assured that the departure of Finance Minister Ken Ofori-Atta will not disrupt ongoing external debt restructuring discussions and the country’s collaboration with the International Monetary Fund (IMF).

    Despite concerns raised by various quarters, the economists assert that Ofori-Atta’s exit was anticipated and is unlikely to surprise the nation’s bilateral and commercial creditors.

    Contrary to fears that a new minister might introduce policy shifts aligning with the ruling party’s new leadership, Boakye and Quartey maintain that the transition will not negatively impact negotiations.

    Ofori-Atta, Ghana’s longest-serving Finance Minister, faced mounting pressure over the past year due to perceived failures in economic policy implementation, exacerbating living conditions and escalating national debt. Calls for his replacement came from both Majority and Minority members of Parliament, as well as the public.

    Previously, President Nana Addo Dankwa Akufo-Addo urged patience from his party’s Majority members, emphasizing the importance of Ofori-Atta concluding negotiations with the IMF.

    However, in a comprehensive Cabinet reshuffle on February 14, which saw the removal of 18 ministers, the President yielded to pressure, appointing Minister of State in Charge of Finance, Dr. Mohammed Amin Adam, as Ofori-Atta’s successor.

    Dr. Amin Adam is now entrusted with the crucial responsibility of finalizing the nation’s external debt restructuring efforts, as Ghana endeavors to restructure approximately $20 billion in external debts, with $13 billion tied up in Eurobonds.

    Following the departure of Mr. Ofori-Atta, financial research institute Morgan Stanley issued a report highlighting potential downside risks to the country’s debt restructuring negotiations.

    The report noted that the minister’s exit had immediate effects, causing government bonds to plummet on the day of the announcement. It highlighted concerns regarding the optics of changing finance ministers during the final stages of external debt restructuring, which negatively impacted bond prices.

    “We think a reaction stems from the uncertainty regarding how the new minister views the current negotiations concerning key discussion points such as the value recovery instrument (which is under consideration) and the restructuring timeline,” it noted.

    A note maturing in 2026 fell 0.55 cents on the dollar to a three-week low of 46.5 cents, according to data from Tradeweb.

    No cause for alarm

    But in a sharp rebuttal to the development, Dr Said Boakye, in an interview with the Graphic Business, was convinced that there was no cause for alarm, explaining for instance that the domestic debt restructuring had been completed, with discussions with the external creditors also at an advanced stage and ,therefore, the latest development does not present any challenges going forward.

    “The IMF is heavily involved in our external debt restructuring and it’s the whole government which is dealing with them so any finance minister who will come in will be briefed on the progress.

    I don’t think it will have any impact. If it had been earlier when he had just started, perhaps it would have had some impact but even that will be very minimal,” he stated.

    He said although it was the politicians who lead some of these discussions, the real work is normally done by the technocrats at the ministry who have all the records and history and could ,therefore, brief whoever is in charge on the progress.

    Dr Boakye added that, “if the exit were a shock then we could say it will have some impact but the finance minister possibly exiting has been in the news for a long time.”

    Usually, what investors and the financial sector respond to are shocks which are things they are not expecting but this one is not a shock,” he said.

    No challenge ahead

    Professor Peter Quartey, for his part, said he does not foresee any challenge with the external debt restructuring process because the finance minister does not go for the negotiations alone.

    “He goes with a team of competent people from the Bank of Ghana, the Ministry of Finance and other key government officials so I don’t think his exit will affect things significantly.

    There is only going to be a new face leading the team but it shouldn’t affect discussions so far. There is continuity in leadership in governance so that should not be a problem,” he stated.

    He said the investors should ,therefore, feel comfortable because there have been lots of agitations from the public for the exit of Mr Ofori-Atta.

    “It was the noise for his exit that would have rather unsettled the investors but if the minister has now exited and the team is still intact, there is no cause for alarm. Besides, the new face is not new to the ministry to create any challenge for the investor community.

    “Perhaps, it might even bring some renewed confidence because they would want to see what fresh ideas are coming on board,” he added.

    Assurance 

    The Minister of Finance, Dr Amin-Adam in a post after his announcement said it was important to note that the country was under an IMF programme, giving an assurance to the IMF and business community that he would ensure that the programme would remain on track.

    “I will work to ensure that the programme does not suffer,” he stated.

    The IMF Managing Director, Kristalina Georgieva, in a letter dated February 15 congratulated Dr Amin-Adam on his appointment as Minister of Finance.

    “Your leadership will be essential in sustaining Ghana’s reform effort and in further extending the current momentum of compelling programme performance and gradual economic stabilisation.

    “I would like to assure you of the IMF’s continued commitment to support you in these endeavours,” she stated.

  • Ken Ofori-Atta is the “worst Finance Minister Ghana has ever had” – Nana Aba Anamoah

    Ken Ofori-Atta is the “worst Finance Minister Ghana has ever had” – Nana Aba Anamoah

    Renowned broadcast journalist Nana Aba Anamoah has labelled the recently Finance Minister, Ken Ofori-Atta, as the “worst finance minister Ghana has ever had.”

    Expressing her dissatisfaction, Anamoah accused Ofori-Atta of betraying the trust of President Nana Addo Dankwa Akufo-Addo, asserting that his departure was long overdue.

    Anamoah, who had earlier predicted Ofori-Atta’s dismissal in a tweet, welcomed the news with enthusiasm, asserting, “I am so happy that man is gone.”

    Despite considering the move a reassignment, she emphasised that Ofori-Atta’s tenure had adversely affected the President’s legacy, deeming him responsible for significant shortcomings in the country’s financial management.

    Highlighting the severity of her criticism, Anamoah declared, “He has messed up the President’s legacy, that’s what that man has done.”

    Additionally, she asserted that Ofori-Atta should have resigned much earlier, citing his alleged supervision of various instances of corruption and mismanagement.

    In conclusion, Nana Aba Anamoah expressed her relief at Ofori-Atta’s departure, acknowledging that while some may argue it’s “too little too late,” she sees it as a positive development for the nation.

    “ I am so happy that man is gone, I am so happy because. I am telling you on authority that the man is not happy about it is a reassignment, I see it as a dismissal but Ken Ofori-Atta is the worst Minister Ghana has ever had, he is the worst finance minister this country has had. He has messed up the President’s legacy, that’s what that man has done. 

    “Ken Ofori-Atta should have resigned long ago, he has supervised so much rot and I am so glad that he has gone, I mean some will say too little too late, it’s good it came,” Nana Aba Anamoah stated.

    The presidency released a list of ministers relieved of their positions in government in a reshuffle announced on Wednesday morning.

    In a statement dated February 14, 2024, signed and issued by the Director of Communications at the Presidency, Eugene Arhin, it was announced that the changes were with immediate effect.

    Ken Ofori-Atta, Minister of Finance, was among those replaced, according to a statement released on Wednesday by the communications directorate of Accra’s Jubilee House.

  • Mohammed Amin will not be able to work without Ofori-Atta’s approval – Isaac Adongo

    Mohammed Amin will not be able to work without Ofori-Atta’s approval – Isaac Adongo

    Ranking Member of the Finance Committee, Isaac Adongo, has described the recent ministerial reshuffling and the removal of Ken Ofori-Atta as Minister of Finance as mere “window dressing.”

    While acknowledging the competence of Dr. Mohammed Amin Adam, Adongo expressed skepticism about the effectiveness of the reshuffle, suggesting that Ofori-Atta would still wield significant influence despite his departure from office.

    In an interview with Accra-based Citi FM on February 14, 2024, Adongo stated, “this is clearly window dressing.” He highlighted that the appointment of Dr. Mohammed Amin Adam as Minister of Finance, coupled with Ofori-Atta’s new role as Senior Presidential Advisor on the Economy, indicates that Amin’s policies would still be subject to Ofori-Atta’s influence.

    Adongo explained, “Technically it means that Mohammed Amin cannot do anything if Ofori-Atta is not in agreement because he would advise the president against it.”

    On the same day, February 14, 2024, Ken Ofori-Atta stepped down from his position as Minister of Finance and Economic Planning after seven years in office. This move followed President Nana Addo Dankwa Akufo-Addo’s announcement of a reshuffle in his ministerial appointees amid reports of significant changes in his final year as president.

    Dr. Mohammed Amin Adam, formerly Minister of State in charge of Finance, has been appointed as Ofori-Atta’s successor as Minister of Finance.

  • Blood is thicker than water, Ken Ofori-Atta still fully in charge of the economy – Netizen

    Blood is thicker than water, Ken Ofori-Atta still fully in charge of the economy – Netizen

    In the wake of President Nana Akufo-Addo‘s recent reshuffle, a wave of shock and speculation has swept through the Ghanaian public, with many Ghanaians expressing their surprise and frustration at the unexpected changes in the government’s lineup.

    One particularly surprise in the shake-up was the dismissal of Finance Minister, Ken Ofori-Atta. Just when Ghanaians thought they were done with the Finance Minister who on several occasions had been described as incompetent, news broke out that he had been offered a new role. The Finance Minister is expected to assume the position of the senior presidential advisor on the economy.

    One outspoken netizen, identified on X as Oh Menua, took to social media to voice his disbelief, highlighting the apparent contradiction in the President’s decision-making process. His response reflects widespread sentiments of confusion and skepticism surrounding the reshuffle, particularly regarding the fate of former Finance Minister Ken Ofori-Atta.

    “Don’t kid yourself, blood is thicker than water,” the netizen asserted, alluding to the notion that familial ties and allegiances hold greater sway than professional qualifications or public opinion. Despite being replaced as Finance Minister, Ken Ofori-Atta’s appointment as presidential economic advisor suggests that his influence over economic policy remains significant.

    “Herh @NAkufoAddo, you don’t listen,” the netizen continued, addressing President Akufo-Addo directly. The use of the term “Herh,” a Ghanaian expression denoting surprise or exasperation, underscores the netizen’s frustration with what they perceive as a lack of responsiveness from the President.

    According to pro-NPP media outlet, Asaaseradio.com, the former finance minister Ken Ofori-Atta may be appointed as the senior presidential advisor on the economy, with focus on international investment and the capital markets, according to Asaase News sources in the Office of the President and the Ministry of Finance.

    If appointed, his job will see him focusing on attracting international investments to Ghana. This should see him leveraging on his huge international network.

    However, a source close to the former Finance Minister, said there has been no letter confirming this appointment.

    Our checks at Jubilee also confirmed that Dr Kwaku Afriyie has also received no letter confirming the speculation of his appointment as an envoy on climate.

    According to the source close to the former Finance Minister, Mr Ofori Atta intends to take a “reasonably long and deserving break.” He’s expected to travel out of town later on this week.

    Mr Ofori-Atta, who lost his job Wednesday, served as Finance Minister for 7 years, making him the longest to have held the portfolio in the history of Ghana’s democracy.

  • I will ensure IMF programme remains on track – Amin Adam

    I will ensure IMF programme remains on track – Amin Adam

    The newly appointed Finance Minister, Dr. Mohammed Amin Adam, has reassured the International Monetary Fund (IMF) that the government will steadfastly adhere to the ongoing program.

    This commitment comes as Dr. Amin Adam takes over the role from Ken Ofori-Atta in a recent ministerial reshuffle.

    In an interview on the Citi Breakfast Show with Bernard Avle on Thursday, February 15, Dr. Amin Adam emphasized the government’s dedication to following the established path in collaboration with the IMF.

    He highlighted the continuation of pro-poor initiatives outlined in the recent budget and pledged to maintain business as usual.

    Dr. Amin Adam also expressed his commitment to swiftly implement the proposed tax reliefs and ensure the protection of the economically disadvantaged.

    “If you look at the budget that was presented this year, there were a number of pro-poor initiatives, and I do not intend to depart from those pro-poor initiatives. And I will ensure that business follows as usual as it should. We will make sure that we move faster to implement the tax reliefs that were made in the budget and I am going to make sure the poor are insulated.”

    “It is important to note that we are under an IMF programme and I want to assure the IMF and the business community that I will ensure that the programme remains on track. I will work to ensure that the programme does not suffer.”

    Acknowledging Ghana’s participation in the IMF program, Dr. Amin Adam assured both the IMF and the business community that he would work diligently to keep the program on track and prevent any deviations.

    The ongoing program represents a strategic partnership focused on addressing economic challenges and promoting fiscal responsibility within Ghana.

    The IMF program involves a comprehensive set of policies and reforms aimed at enhancing economic stability, fostering growth, and creating a conducive environment for sustainable development. Ghana’s engagement with the IMF has been motivated by various economic factors, including fiscal deficits, external imbalances, and the imperative for structural reforms. Historically, the country has sought IMF assistance to tackle fiscal challenges, implement economic reforms, and strengthen macroeconomic fundamentals. The program typically encompasses measures to curb inflation, reduce budget deficits, and bolster overall economic resilience.

  • Gabby lauds ‘competent’ Amin Adam’s appointment as Finance Minister 

    Gabby lauds ‘competent’ Amin Adam’s appointment as Finance Minister 

    Staunch member of the New Patriotic Party and a cousin of the President, Gabby Asare Otchere-Darko, has weighed in on the appointment of a new finance minister. 

    The reshuffle saw Mohammed Amin Adam named as the replacement for Ken Ofori-Atta, who had served as finance minister for seven years.

    In a post on social media platform X (formerly Twitter), Gabby praised Amin Adam’s appointment, stating, “Congratulations to Amin Adam. Ghana’s President couldn’t have found a more prepared, competent, humble, and politically-conscious replacement to take control of the country’s finances than you.” He further noted the strong public approval garnered by Adam’s appointment.

    Ken Ofori-Atta, who had been at the helm of Ghana’s finance ministry for an extensive period, has faced scrutiny amidst economic challenges. His departure from the finance ministry comes amid repeated calls for his resignation due to perceived economic headwinds during his tenure.

    Amin Adam, prior to his elevation, served as Minister of State at the finance ministry, bringing with him a wealth of experience. His new role will see him overseeing the government’s ongoing negotiations with creditors as part of the US$3 billion International Monetary Fund (IMF) bailout programme.

    Meanwhile, Ken Ofori-Atta has been reassigned to the position of presidential advisor, as reported by pro-government Asaase Radio. In this capacity, he will be tasked with handling international investments and capital markets, highlighting the government’s focus on leveraging external investments for national development.

    The reshuffle marks a significant transition in Ghana’s economic leadership, with Amin Adam stepping into the role of finance minister amid expectations of addressing economic challenges and steering the country towards financial stability. Ofori-Atta’s new role underscores the government’s commitment to maximizing international partnerships for economic growth and development.

  • Ofori-Atta sacked to become Bawumia’s running mate?

    Ofori-Atta sacked to become Bawumia’s running mate?

    President Akufo-Addo has unveiled significant changes to his ministerial team in a major cabinet reshuffle, responding to growing calls for a shake-up.

    In a statement issued by the Presidency on Wednesday, February 14, 2024, President Akufo-Addo kicked the Finance Minister, Ken Ofori-Atta out of government.

    This follows months of cries from members of the general public to fire Mr Ofori-Atta over the bad state of the Ghanaian economy. A group of NPP MPs in 2023 led the calls for the removal of the Finance Minister.

    President Akufo-Addo noted that he would consider their request after the Minister secures an external credit facility from the International Monetary Fund (IMF). It has been over nine months since Ghana secured its loan, and finally, President Akufo-Addo has answered the prayers of many Ghanaians.

    But after his removal, there are unconfirmed reports indicating that the Finance Minister has been sacked in order to be selected as the running mate for the NPP flagbearer, Vice President Dr Mahamudu Bawumia.

    “If I tell you Ken Ofori-Atta is going to be Dr. Bawumia’s running mate, Will you believe ? Well wait for the announcement,” a user asked.

    Shortly after Dr Bawumia was elected flagbearer of the NPP in November 2023, a list purportedly unveiling a roster of individuals eyeing the Vice President slot emerged on social media.

    The unverified compilation consisted of names like Chief of Staff, Frema Opare; Roads Minister, Kwasi Amoako Atta; Communications Minister, Ursula Owusu; Energy Minister, Matthew Opoku Prempeh (Napo), Education Minister, Yaw Osei Adutwum, among others.

    It has been over two months, and Dr Bawumia is yet to announce his running mate ahead of the 2024 general elections.

    Many have been in support of a Bawumia-Napo ticket in order to enable the NPP secure massive votes in the Ashanti Region, their stronghold.

    President Nana Akufo-Addo is reportedly facing internal party pressures to accept Energy Minister Matthew Opoku Prempeh as the running mate of choice for the New Patriotic Party’s (NPP) flagbearer, Dr Mahamudu Bawumia.

    This is according to IMANI Africa’s Vice President, Bright Simons, who also asserts that the president is also allegedly dealing with growing calls from within the NPP for a possible ministerial reshuffle ahead of the upcoming elections.

    The situation has sparked conversations about potential changes in key positions within the government.

    Mr Simons, took to Twitter to highlight the growing tensions within the ruling New Patriotic Party (NPP). According to Simons, the President is being urged to consider specific actions:

    1. Sacrifice Finance Minister Ken Ofori-Atta to strengthen Vice President Mahamudu Bawumia’s electoral standing.
    2. Accept Energy Minister Matthew Opoku Prempeh as the running mate to Bawumia, despite facing resistance.
    3. Remove some top ministers perceived as distant from grassroots sentiments.

  • Check out Ken Ofori-Atta’s alleged new appointments

    Amidst a major cabinet reshuffle, former Finance Minister Ken Ofori-Atta is reportedly set to assume the role of Senior Presidential Advisor on the Economy and will also serve as the President’s Special Envoy on International Investment and the Capital Markets, as reported by Asaase Radio.

    This revelation comes directly from sources within the Office of the President, adding a new chapter to Ofori-Atta‘s distinguished career. As the former Finance Minister, he held the position for an impressive seven years, making him the longest-serving finance minister in Ghana’s Fourth Republic.

    As Ofori-Atta steps into his new advisory roles, Kwaku Afriyie, the former Minister of Environment, Science, Technology, and Innovation, is also slated to become an advisor. According to Asaase’s sources, Afriyie will take on the crucial role of President Akufo-Addo’s Special Envoy on Climate.

    The reshuffling of roles within the government signals a strategic move, with Mohammed Amin Adam, the current Minister of State at the Ministry of Finance, assuming the position of the substantive Minister for Finance.

    This transition is expected to be seamless, ensuring continuity in the government’s debt restructuring negotiations with private creditors and for Ghana’s second review under its extended credit facility (ECF) arrangements with the International Monetary Fund.

    The developments do not end here, as sources from the Office of the President hint at further significant changes, possibly announced later today. The morning’s press release from Jubilee House primarily focused on ministerial appointments presented to the Speaker of Parliament, with consequential matters regarding appointees.

    Inside sources at Jubilee House anticipate the potential reshuffling of the Majority leadership in Parliament, a move that might be officially disclosed following a scheduled National Executive Committee meeting of the New Patriotic Party(NPP) on Monday.

    This suggests a broader restructuring within the government’s leadership, marking a pivotal moment for Ghana’s political landscape. This is happening some nine months to Ghana’s next general election.

  • Ken Ofori-Atta given two new appointments – Report

    Ken Ofori-Atta given two new appointments – Report

    Amidst a major cabinet reshuffle, former Finance Minister Ken Ofori-Atta is reportedly set to assume the role of Senior Presidential Advisor on the Economy and will also serve as the President’s Special Envoy on International Investment and the Capital Markets, as reported by Asaase Radio.

    This revelation comes directly from sources within the Office of the President, adding a new chapter to Ofori-Atta‘s distinguished career. As the former Finance Minister, he held the position for an impressive seven years, making him the longest-serving finance minister in Ghana’s Fourth Republic.

    As Ofori-Atta steps into his new advisory roles, Kwaku Afriyie, the former Minister of Environment, Science, Technology, and Innovation, is also slated to become an advisor. According to Asaase’s sources, Afriyie will take on the crucial role of President Akufo-Addo’s Special Envoy on Climate.

    The reshuffling of roles within the government signals a strategic move, with Mohammed Amin Adam, the current Minister of State at the Ministry of Finance, assuming the position of the substantive Minister for Finance.

    This transition is expected to be seamless, ensuring continuity in the government’s debt restructuring negotiations with private creditors and for Ghana’s second review under its extended credit facility (ECF) arrangements with the International Monetary Fund.

    The developments do not end here, as sources from the Office of the President hint at further significant changes, possibly announced later today. The morning’s press release from Jubilee House primarily focused on ministerial appointments presented to the Speaker of Parliament, with consequential matters regarding appointees.

    Inside sources at Jubilee House anticipate the potential reshuffling of the Majority leadership in Parliament, a move that might be officially disclosed following a scheduled National Executive Committee meeting of the New Patriotic Party on Monday.

    This suggests a broader restructuring within the government’s leadership, marking a pivotal moment for Ghana’s political landscape. This is happening some nine months to Ghana’s next general election.

  • Akufo-Addo kicks out ‘darling boy’ Ofori-Atta

    Akufo-Addo kicks out ‘darling boy’ Ofori-Atta

    President Akufo-Addo has kicked the Finance Minister, Ken Ofori-Atta out of government.

    This was announced in a statement issued from the Presidency on Wednesday, February 14, 2024.

    It is unclear why the President made the decision, however, Mr Ofori-Atta is to be succeeded by Hon Mohammed Amin Adam, who is the Member of Parliament of Karaga.

    President Akufo-Addo has further unveiled significant changes to his ministerial team in a major cabinet reshuffle, responding to growing calls for a shake-up.

    A document issued by the Communications Directorate of the Jubilee House has revealed that the President “has relieved the following
    Ministers and Deputy Ministers of their portfolios in government, with immediate effect.”

    The Valentine’s Day ministerial shake-up sees the removal of the controversial Minister of Finance, Ken Ofori-Atta, who has faced criticism from his party’s MPs, according to sources close to the presidency.

    As part of this, ministers who lost their parliamentary seats during the party’s primaries or did not contest in their constituencies have been replaced with new hands, primarily MPs.

    This surprising decision, especially regarding Ofori-Atta’s prominent role in the government, has raised eyebrows among political observers.

    Reported Key Appointments in the Reshuffle:

    1. Daniel Nii Kwartei Titus-Glover – New Greater Accra Regional Minister:
      • Titus-Glover replaces Henry Quartey, bringing extensive experience to bolster regional development efforts in the capital.
    2. Dr. Mohammed Adam Amin Anta – Minister of Finance Designate:
      • Dr. Adam Amin Anta, MP for Karaga, and Minister of State at the Finance Ministry, takes over from Ken Ofori-Atta. His technocratic background signals the government’s commitment to economic stability amid ongoing International Monetary Fund (IMF) discussions.
    3. Lydia Alhassan – New Sanitation and Water Resources Minister:
      • Lydia Alhassan, MP for Ayawaso West Wuogon, replaces Freda Prempeh. This move follows Prempeh’s loss in the parliamentary primary to Dr. Gideon Buoko.
    4. Andrew Agyepa Mercer – Minister of Tourism:
      • Mercer, currently the Deputy Minister of Energy and MP for Sekondi, is appointed as the Minister of Tourism. This strategic move aims to boost the tourism sector and attract more visitors to the country.
    5. Henry Quartey – Interior Minister Designate:
      • Henry Quartey, a respected figure in the government, is appointed as the Interior Minister Designate. His previous role as deputy at the same ministry adds to his suitability for maintaining internal security and safeguarding the nation’s borders.
    6. Ophelia Hayford Mensah – Minister for Environment Science, Technology, and Innovation:
      • Ophelia Hayford Mensah, MP for Mfantesman, replaces Dr. Kwaku Afriyie, bringing her expertise and passion for environmental conservation to address climate change and implement green initiatives.
    7. Other Appointments:
      • Ms. Fatimatu Abubakar becomes the substantive Information Minister.
      • Kojo Oppong Nkrumah moves to Works and Housing.
      • Francis Asenso Boakye takes over from Kwasi Amoako-Attah as Roads and Highways Minister.
    8. Deputy Ministers:
      • Abdul-Aziz Musah Ayaba (Deputy Minister).
      • Prince Hamid Armah (Deputy Minister).
      • Dr. Nana Ayew Afriyie (Deputy Minister).
      • Martin Adjei Mensah Korsah, among others.

    This cabinet reshuffle is expected to generate both excitement and anticipation among Ghanaians as they await the implementation of new policies and initiatives under the reconfigured cabinet.

    More soon…

  • Major shake-up in Akufo-Addo’s administration: Ken Ofori-Atta finally out! – Reports

    Major shake-up in Akufo-Addo’s administration: Ken Ofori-Atta finally out! – Reports

    President Nana Addo Dankwa Akufo-Addo is set to unveil significant changes to his ministerial team in a major cabinet reshuffle, responding to growing calls for a shake-up.

    DailyGuideNetwork and Asaase Radio reports suggest that the new ministers are already in line to meet the president at the Jubilee House for briefings ahead of the official announcement, expected possibly on Wednesday, February 14, 2024.

    The Valentine’s Day ministerial shake-up is poised to witness the removal of the controversial Minister of Finance, Ken Ofori-Atta, who has faced criticism from his party’s MPs, according to sources close to the presidency.

    Sources explain that the reshuffle is comprehensive, aimed at fortifying the party’s position as the country approaches the December election.

    As part of this, ministers who lost their parliamentary seats during the party’s primaries or did not contest in their constituencies will be replaced with new hands, primarily MPs.

    This surprising decision, especially regarding Ofori-Atta’s prominent role in the government, has raised eyebrows among political observers.

    Reported Key Appointments in the Reshuffle:

    1. Daniel Nii Kwartei Titus-Glover – New Greater Accra Regional Minister:
      • Titus-Glover replaces Henry Quartey, bringing extensive experience to bolster regional development efforts in the capital.
    2. Dr. Mohammed Adam Amin Anta – Minister of Finance Designate:
      • Dr. Adam Amin Anta, MP for Karaga, and Minister of State at the Finance Ministry, takes over from Ken Ofori-Atta. His technocratic background signals the government’s commitment to economic stability amid ongoing International Monetary Fund (IMF) discussions.
    3. Lydia Alhassan – New Sanitation and Water Resources Minister:
      • Lydia Alhassan, MP for Ayawaso West Wuogon, replaces Freda Prempeh. This move follows Prempeh’s loss in the parliamentary primary to Dr. Gideon Buoko.
    4. Andrew Agyepa Mercer – Minister of Tourism:
      • Mercer, currently the Deputy Minister of Energy and MP for Sekondi, is appointed as the Minister of Tourism. This strategic move aims to boost the tourism sector and attract more visitors to the country.
    5. Henry Quartey – Interior Minister Designate:
      • Henry Quartey, a respected figure in the government, is appointed as the Interior Minister Designate. His previous role as deputy at the same ministry adds to his suitability for maintaining internal security and safeguarding the nation’s borders.
    6. Ophelia Hayford Mensah – Minister for Environment Science, Technology, and Innovation:
      • Ophelia Hayford Mensah, MP for Mfantesman, replaces Dr. Kwaku Afriyie, bringing her expertise and passion for environmental conservation to address climate change and implement green initiatives.
    7. Other Appointments:
      • Ms. Fatimatu Abubakar becomes the substantive Information Minister.
      • Kojo Oppong Nkrumah moves to Works and Housing.
      • Francis Asenso Boakye takes over from Kwasi Amoako-Attah as Roads and Highways Minister.
    8. Deputy Ministers:
      • Abdul-Aziz Musah Ayaba (Deputy Minister).
      • Prince Hamid Armah (Deputy Minister).
      • Dr. Nana Ayew Afriyie (Deputy Minister).
      • Martin Adjei Mensah Korsah, among others.

    This cabinet reshuffle is expected to generate both excitement and anticipation among Ghanaians as they await the implementation of new policies and initiatives under the reconfigured cabinet.

  • Ofori-Atta missing from list of Ministers after Akufo-Addo’s purported reshuffle – Reports

    Ofori-Atta missing from list of Ministers after Akufo-Addo’s purported reshuffle – Reports

    Reports have emerged suggesting that Finance Minister Ken Ofori-Atta‘s name was conspicuously absent from the purported list of ministers following President Nana Addo Dankwa Akufo-Addo’s anticipated reshuffle.

    The absence of Ofori-Atta’s name from the speculated roster has fueled intense speculation and raised questions about the future direction of the government’s economic policies and leadership within the finance portfolio. 

    Reports indicate that he will be succeeded by Mohammed Amin, while Okoe Boye is reportedly poised to assume responsibilities within the Health Ministry.

    Meanwhile, last week, 24 Metropolitan, Municipal, and District Chief Executives (MMDCEs) were sacked and 26 others were replaced.

  • Akufo-Addo, Ken Ofori-Atta, Gabby absent at Bawumia’s Feb 7 lecture

    Akufo-Addo, Ken Ofori-Atta, Gabby absent at Bawumia’s Feb 7 lecture

    High-level government officials, including Finance Minister Ken Ofori-Atta, President Nana Akufo-Addo, and presidential cousin Gabby Otchere-Darko, were conspicuously absent from Vice President Dr. Mahamudu Bawumia’s public lecture on February 7, 2024.

    The event, titled “Bawumia Speaks,” was held at the Kofi Ohene Konadu Auditorium of the University of Professional Studies, Accra (UPSA), where Dr. Bawumia outlined his vision for Ghana’s future if elected president in the upcoming December elections.

    Despite the notable absences, Dr. Bawumia delivered a comprehensive address, articulating his plans for the nation’s development and addressing key policy issues. Notably, he reiterated his opposition to the electronic financial transaction tax, known as the e-levy, and pledged to abolish it if elected as President.

    The absence of Finance Minister Ken Ofori-Atta, who has been a key figure in the government’s economic policies, raised eyebrows, particularly considering his advocacy for the e-levy, which Dr. Bawumia vehemently opposes.

    Similarly, the absence of President Nana Akufo-Addo and his cousin Gabby Otchere-Darko, who are influential figures within the ruling New Patriotic Party (NPP), was noted.

    While no official explanation was provided for their absence, political analysts speculate that it could signify underlying tensions within the party or disagreements over policy directions.

    Despite the absence of these key figures, Dr. Bawumia’s lecture received attention from various quarters, with attendees praising his vision for Ghana’s future and his commitment to addressing pressing issues facing the nation.

    As Ghana prepares for the December elections, the absence of prominent government officials at Dr. Bawumia’s lecture has sparked discussions about the internal dynamics within the ruling party and its implications for the upcoming polls.

  • I focused on digital initiatives, Ken Ofori-Atta focused on the economy – Bawumia

    I focused on digital initiatives, Ken Ofori-Atta focused on the economy – Bawumia

    Vice President Dr Mahamudu Bawumia has clarified that within the Akufo-Addo administration, his responsibility lies in spearheading digital initiatives, while Finance Minister Ken Ofori-Atta directs his efforts towards overseeing the economy.

    Thus, he was strategically centered on formalizing the economy through digitalization, aligning with the objectives outlined in the NPP’s 2016 manifesto.

    “As Vice-President, I was asked by the President to assist in solving some of the problems that were inhibiting the
    transformation of Ghana’s economy. My approach was to help formalize the economy through digitalization as stated in our 2016 manifesto. This is why my office has had oversight responsibility for many of the government’s digitalization projects,” Bawumia explained in his address to the nation as 2024 flagbearer of the NPP.

    Meanwhile, in the compelling address delivered at the University of Professional Studies, Accra (UPSA), the Vice president articulated his transformative vision for the future of Ghana, should he ascend to the presidency in the upcoming 2024 general elections.

    Drawing an analogy between his current role as Vice-President and that of a driver’s mate, Bawumia emphasized that with the constitutional authority vested in the president, he envisions assuming the proverbial “driver’s seat” to steer the nation towards progress.

    Bawumia spoke passionately about his commitment to pursuing a distinct set of priorities and policies aligned with his vision for the Republic of Ghana.

    The Vice-President underscored the importance of constitutionally mandated authority, highlighting how it would empower him to implement his strategic initiatives.

    As he outlined his vision for the nation, Bawumia assured the audience that, if elected president, he would channel his efforts into addressing key issues and implementing policies that align with the needs of the Ghanaian people.

    The sstatement provided a glimpse into Bawumia’s strategic thinking and dedication to shaping a promising future for the country.

    “As Vice-President I am like a driver’s mate. But if, by the Grace of God, you make me President, I will be in the drivers
    seat with constitutionally mandated authority to pursue my vision and my priorities. So, what do I want to do in terms of
    vision, priorities and policies if you give me the opportunity, by the Grace of God, to become President of the Republic of
    Ghana?

    “I have been engaged in a lot of consultation and doing a lot of thinking in the last few months about lessons of the last seven years as well as my vision and priorities as I seek to become President of the Republic of Ghana. Clearly, the initial conditions that we inherited in 2017 are not the same as will be in 2025. Therefore, my priorities will be different. We have done many good things and I will be seeking to build on them,” Bawumia stated.

    The event at UPSA served as a platform for Bawumia to not only share his vision but also to connect with the public ahead of the 2024 general elections.

  • Parliamentary aspirants spend at least GHS2m to contest in primaries – MP reveals

    Parliamentary aspirants spend at least GHS2m to contest in primaries – MP reveals

    Member of Parliament for Anyaa-Sowutuom, Dr Dickson Adomako Kissi, has attributed his recent defeat in the New Patriotic Party Parliamentary Primaries to his endorsement of the widely supported ‘Ken Must Go’ campaign.

    Advocating for the removal of Finance Minister Ken Ofori-Atta amid the country’s economic challenges, Dr Adomako Kissi lost the primary to Elder Emmanuel Tobbin, with a vote tally of 818 to 566.

    In an interview on Eyewitness News on Tuesday, February 6, 2024, Dr. Adomako suggested that his support for the ‘Ken Must Go’ campaign may have played a role in his defeat.

    He acknowledged multiple factors at play but highlighted his dissenting stance as a potential contributor to his loss.

    “I think that there were many factors. One that comes to mind is you know, having a dissenting mind. What I mean by that is that there have been several cases that I had with a dissenting mind and I think that it may have contributed.

    “For instance, I am one of the few who stood initially, for ‘Ken must go’. I wouldn’t say that is the one key reason but I think it may have contributed,” Dr. Adomako explained.

    He also acknowledged that his support for the Alan Kyerematen movement could have played a role in his failure to secure the candidature to represent the people of Anyaa-Sowutuom in the upcoming December polls.

    Dr. Adomako Kissi’s admission sheds light on the complexities within the New Patriotic Party as members navigate divergent opinions and allegiances within the party. His defeat underscores the significance of internal dynamics and party loyalty in determining candidates for electoral contests, particularly in the context of contentious issues like the performance of key government officials.

    As the NPP prepares for the upcoming general elections, Dr. Adomako’s loss serves as a reminder of the importance of party unity and strategic positioning in securing electoral success.

  • MP attributes loss at Primaries to endorsement of ‘Ken Must Go’ campaign

    MP attributes loss at Primaries to endorsement of ‘Ken Must Go’ campaign

    Member of Parliament for Anyaa-Sowutuom, Dr Dickson Adomako Kissi, has attributed his recent defeat in the New Patriotic Party Parliamentary Primaries to his endorsement of the widely supported ‘Ken Must Go’ campaign.

    Advocating for the removal of Finance Minister Ken Ofori-Atta amid the country’s economic challenges, Dr Adomako Kissi lost the primary to Elder Emmanuel Tobbin, with a vote tally of 818 to 566.

    In an interview on Eyewitness News on Tuesday, February 6, 2024, Dr Adomako suggested that his support for the ‘Ken Must Go’ campaign may have played a role in his defeat.

    He acknowledged multiple factors at play but highlighted his dissenting stance as a potential contributor to his loss.

    “I think that there were many factors. One that comes to mind is you know, having a dissenting mind. What I mean by that is that there have been several cases that I had with a dissenting mind and I think that it may have contributed.

    “For instance, I am one of the few who stood initially, for ‘Ken must go’. I wouldn’t say that is the one key reason but I think it may have contributed,” Dr Adomako explained.

    He also acknowledged that his support for the Alan Kyerematen movement could have played a role in his failure to secure the candidature to represent the people of Anyaa-Sowutuom in the upcoming December polls.

    Dr. Adomako Kissi’s admission sheds light on the complexities within the New Patriotic Party as members navigate divergent opinions and allegiances within the party. His defeat underscores the significance of internal dynamics and party loyalty in determining candidates for electoral contests, particularly in the context of contentious issues like the performance of key government officials.

    As the NPP prepares for the upcoming general elections, Dr. Adomako’s loss serves as a reminder of the importance of party unity and strategic positioning in securing electoral success.

  • Journalist accuses Ofori-Atta, Gabby Otchere Darko of sabotaging Bawumia’s presidential bid

    Journalist accuses Ofori-Atta, Gabby Otchere Darko of sabotaging Bawumia’s presidential bid

    A journalist from Peace FM, Kwabena Marfo, has leveled serious allegations against Finance Minister Ken Ofori-Atta and New Patriotic Party (NPP) stalwart Gabby Otchere Darko, accusing them of obstructing the presidential aspirations of Vice President Dr. Mahamudu Bawumia.

    Speaking on Neat FM’s Morning Show on February 2, 2024, Marfo expressed concerns over the actions of Ofori-Atta and Otchere Darko, particularly in an election year where the NPP is aiming to secure victory and retain power.

    Marfo highlighted the traditional pre-election strategy of governments, which typically involves reducing prices of goods and services to curry favor with the electorate. However, he argued that Ofori-Atta’s imposition of additional taxes during an election year could harm the ruling party’s chances at the polls.

    He also criticized Otchere Darko’s unexpected announcement of withdrawing from active politics, particularly given his significant role in the NPP and his contributions to the administration of his uncle, former President Nana Addo Dankwa Akufo-Addo.

    Marfo questioned the timing of Otchere Darko’s decision, stating, “Now that Nana Addo is no longer in office, Otchere-Darko is stating that he will no longer be active in politics. However, at this critical time when the NPP is aiming to ‘break the 8’ with Dr. Alhaji Mahamudu Bawumia as the flagbearer, leaving politics is not fair.”

    He further alleged that the actions of Ofori-Atta and Otchere Darko amount to sabotage against Bawumia’s presidential ambitions, stating, “Now, he is departing, and his brother Ken Ofori-Atta is also making similar moves. 

    Traditionally, in an election year, governments reduce prices of goods and services to gain favor from the electorate. However, Ken Ofori-Atta is now imposing more taxes on us. I feel they are actively sabotaging Dr. Bawumia.”

    Marfo’s accusations have raised eyebrows within political circles, prompting discussions about the internal dynamics of the NPP and the potential impact on the party’s electoral fortunes in the upcoming elections. As the situation unfolds, stakeholders await responses from Ofori-Atta, Otchere Darko, and other relevant parties involved in the controversy.

  • You are not behind our economic successes – Alan Kyerematen tells Ofori-Atta

    You are not behind our economic successes – Alan Kyerematen tells Ofori-Atta

    Independent Presidential aspirant Alan Kwadwo Kyerematen, criticized Finance Minister Ken Ofori-Atta, claiming that he cannot claim credit for the recent marginal improvements in the economy.

    Despite facing challenges in 2022, including a 30-year high inflation rate of 54.1% and a decline in the Ghana cedi, the economy has shown signs of recovery. Inflation and interest rates have decreased, and the Ghana cedi has stabilized in the forex market.

    Mr Kyerematen attributes the economic stability to the ongoing International Monetary Fund (IMF) program. He argues that Ofori-Atta cannot take credit for these positive developments since he opposed an IMF program, even when all indicators pointed towards a collapsing economy.

    In February 2022, the Finance Minister told the nation at an E-levy town hall “I can say we are not going to the IMF. Whatever we do, we are not. The consequences are dire, we are a proud nation, we have the resources, we have the capacity. We are not people of short-sight, but we have to move on.”

    Mr. Ofori-Atta has consistently asserted that Ghana’s economy is undergoing a rebound and has successfully turned a corner. In the 2024 budget presentation on November 15, he highlighted positive indicators, stating, “we turned the corner when the 1 percent projected growth came to 3 percent in the first two quarters of this year. We turned the corner when the currency, which had been under severe pressure over the past two years, depreciated by a modest 6.4 percent in the past nine months compared to 53.3 percent during the same period in 2022.”

    However, Alan Kyerematen expressed a different perspective at the National Economic Summit last Friday, asserting that the Finance Minister should not be credited with the improvement in the economy.

    “The Minister of Finance has no right to be taking credit for the marginal improvements that we are seeing in the economy. Because it is clear that he was against Ghana going to the IMF.”

    “I can say with pride that I was one of the few senior leaders in government that made a decision that we had gotten to a point where we had no choice. That’s what leadership is about,” the former Cabinet Minister touted.

    Alan Kyerematen is also urging caution against assumptions that the country is entirely out of economic challenges.

    He emphasizes the importance of addressing the structural vulnerabilities of the economy to achieve a lasting solution to the cyclical economic challenges faced by the country.

    Alan Kyerematen is also urging caution against assumptions that the country is entirely out of economic challenges. He emphasizes the importance of addressing the structural vulnerabilities of the economy to achieve a lasting solution to the cyclical economic challenges faced by the country.

  • Commissioner-General of the Ghana Revenue Authority is occupying his position illegally- Sam George explains why

    Commissioner-General of the Ghana Revenue Authority is occupying his position illegally- Sam George explains why

    Ningo-Prampram Member of Parliament (MP) , Sam George, asserts that the Commissioner General of the Ghana Revenue Authority (GRA), Reverend Amishaddai Owusu-Amoah, is holding his position unlawfully.

    The MP cites multiple reasons to substantiate his claims, primarily emphasizing the Commissioner-General‘s age as a significant factor.

    Sam George contends that Reverend Amishaddai Owusu-Amoah has been executing the duties of the Commissioner-General without a valid contract since October 2021.

    The absence of a contractual agreement raises questions about the legitimacy of his continued tenure in the crucial position.

    Furthermore, the MP accuses the GRA Commissioner General of endorsing questionable contracts, specifically mentioning the controversial $100 million SML sweetheart deal.

    According to Sam George, these contracts were approved with the support of Finance Minister Ken Ofori-Atta, who, in the eyes of the MP, is implicated in the alleged illegality.

    During the public hearings of the Public Accounts Committee of Parliament, Sam George also alleges that Finance Minister Ken Ofori-Atta has tacitly approved the Commissioner General’s illicit occupation.

    The MP questions the uniqueness of Reverend Amishaddai Owusu-Amoah’s skills, suggesting that the violation of the country’s laws may be unjustifiably endorsed.

    The accusations and revelations add a new layer of controversy to the operations of the GRA, putting the spotlight on the Commissioner General’s purported illegal occupancy and raising concerns about the transparency and adherence to regulations within the institution.

    Below is the full statement by Sam George:

    Yesterday, at the public hearings of the Public Accounts Committee of Parliament, I asked a very simple Public Interest Question of the Commissioner-General of the Ghana Revenue Authority, Reverend Amishaddai Owusu-Amoah.

    My very simple question was which year did he attain the age of 60. Boom! Drama began. My Colleagues on the NPP side got upset with my question and a 90 minute stand off ensued including a mysterious ‘fault’ with the PA system .

    After the 90 minute break, I manage to get a response from him and I am allowed only one follow up question by the Chairman. That question was if the Commissioner-General had a valid contract to remain at post. He answered that for the past twenty seven (27) months, he has occupied the position without a contract.

    Now for those wondering why I asked these questions, here are the issues;

    1. Rev. Dr. Ammishaddai turned 60 years in October 2021,  twenty seven (27) months ago.

    2. Per the Public Service Commission of Ghana regulations, anyone above the age of 60 can be maintained with a 1/2-year contract with the possibility of an extension of another year.

    3. Since October 2021, Rev. Dr. Ammishaddai has been at post and carried out functions as the Commissioner-General of the Ghana Revenue Authority without a contract. He has signed contracts like the dubious $100 million SML sweetheart deal with the approval and support of Ken Ofori-Atta.

    4. Rev. Dr. Ammishaddai replaced Mr. Kofi Nti as Commissioner-General when the later still had 18 months of his four (4) year contract outstanding. The reason his contract was terminated was that he had turned 60 years.

    5. The question we need answers to is why Ken Ofori-Atta has kept his darling Rev. Dr. Ammishaddai at post for another twenty seven (27) months without a contract?

    6. The same Ken Ofori-Atta told Parliament that President Akufo-Addo had given instructions that contract extensions beyond the age of 60 would cease except in exceptional cases where the skill of the individual in question is unique and not readily available. What skill does Rev. Dr. Ammishaddai have that is unique and for which reason the laws of the country have been broken?

    7. Rev. Dr. Ammishaddai cannot and should not be allowed to continue his stay in office even one day longer. There must be a forensic audit of his actions in the past 27 months to ascertain what damage his illegal stay has caused the tax payer. I would pursue this matter to its logical conclusion. For God and Country.

  • CEO of Ken Ofori-Atta’s Data Bank appointed to Black Stars coach search committee

    CEO of Ken Ofori-Atta’s Data Bank appointed to Black Stars coach search committee


    Chief Executive of Databank, Kojo Addae-Mensah, has taken over from Ace Ankomah on the Ghana Football Association’s (GFA) special five-member search committee responsible for selecting the new head coach for the Black Stars.

    The committee, led by GFA Vice President Mark Addo, includes Professor Joseph Mintah, Sports Ministry Chief Director William Caesar Kartey, and Ghanaian football legend Opoku Nti.

    GFA has given the search committee a three-week timeframe to recommend the next Black Stars coach to the Executive Council for approval.

    The quest for a new head coach began following the immediate dismissal of Chris Hughton, who was unable to guide the Black Stars beyond the group stages at the 2023 Africa Cup of Nations.

    In a prior statement, the Ghana Football Association announced a deadline of February 2, 2024, for prospective applicants to apply for the vacant coaching role.

    The GFA has outlined five criteria that the new head coach must meet, including having at least 15 years of coaching experience. These criteria will be essential for the individual selected to lead the Black Stars.

  • All ‘Ken Ofori-Atta Must Go!!’ MPs lost their seats – Mensah Thompson alleges

    The Executive Director of the Alliance for Social Equity and Public Accountability (ASEPA), Mensah Thompson, is of the assertion that all the incumbent New Patriotic Party (NPP) Members of Parliament who lost their seats in the party’s just-ended Parliamentary Primaries was due to the doing of Finance Minister, Ken Ofori-Atta.

    Speaking on Citi TV’s Breakfast Daily show, Mr Thompson, noted that these MPs, per records, called for the removal of Mr Ken Ofori-Atta over the economic woes Ghana is currently facing.

    “All the MPs who rose against Ken Ofori-Atta have fallen flat. From Adomako Kissi to Eugene Boakye Antwi, all of them are gone. It was predictable. I said it here, that none of the MPs who rose against Ken Ofori-Atta will come back to the next Parliament. It is only a few of them.”

    When asked if he was implying that political machinations saw to such MPs’ downfall, he said “of course.”

    “You thought Ken Ofori-Atta was not going to retaliate. He is the Finance Minister. He has money,” he added.

    Eugene Boakye Antwi lost the Subin seat along with over 20 incumbent MPs.

    In 2023, some 80 NPP MPs called for the removal of Ken Ofori-Atta from the Finance Ministry. In response, President Akufo-Addo urged them to await the approval of Ghana’s IMF programme.

    The Minority then filed a vote of censure against Mr Ofori-Atta but this initiative was unsuccessful as the Majority led by Osei Kyei-Mensah-Bonsu walked out of the chamber during a heated debate after they pointed out that the censure motion is unfair.

    The Minority in Parliament has failed to remove Finance Minister, Ken Ofori-Atta, from office despite casting a secret ballot voting.

    Speaker of Parliament, Alban Bagbin, has indicated that the secret voting exercise executed by a one-sided Parliament to ensure a vote of censure against Ken Ofori-Atta is wasted.

    The Minority in Parliament went ahead to cast their secret ballot on Thursday, after the Majority staged a walk-out.

    The Majority led by Osei Kyei-Mensah-Bonsu walked out of the chamber during a heated debate after they pointed out that the censure motion is unfair. The said 80 NPP MPs who are against a Finance Ministry headed by Ken Ofori-Atta were among the legislators who walked out.

    Despite their absence, the Minority went ahead with the secret balloting.

    After voting, Speaker told the House that the voting exercise is “loss” because it fails to uphold Article 82 (1) of the 1992 constitution which states that “1. Parliament may, by a resolution supported by the votes of not less than two-thirds of all the members of Parliament, pass a vote of censure on a Minister of State.”

    In Parliament were 136 MPs on the Minority side. 136 votes supported the censure of the Finance Minister.

    However, per the law, Parliament needs at least 184 MPs out of the 274 MPs, which is two-thirds of the MPs to pass a vote of censure on a Minister of State.

    Ghana has already received a $3 billion credit facility from the IMF and all indications prove that Finance Minister, Ken Ofori-Atta will keep his position.

  • Labor Union issues seven-day ultimatum for Gov’t to reconsider VAT on electricity

    Labor Union issues seven-day ultimatum for Gov’t to reconsider VAT on electricity

    The Trades Union Congress (TUC) has taken a brave stand by giving the government a seven-day ultimatum to reverse its plan to levy Value Added Tax (VAT) on energy use beyond lifeline.

    In an effort to raise money for the COVID-19 recovery program, Finance Minister Ken Ofori-Atta issued a directive on January 1st that specifically targeted the Northern Electricity Distribution Company (NEDCO) and the Electricity Company of Ghana (ECG).

    Led by Secretary General Dr. Yaw Baah, the TUC vehemently opposes the imposition, highlighting its adverse effects on the lives of ordinary Ghanaians, especially pensioners and those with low incomes.

    During a press conference on Tuesday, Dr. Baah expressed concern,asserting, “It’s always the poor people in this country, including pensioners, who bear the brunt and we should not allow that to continue. Organised Labor, we have come together, and our message to the government is very simple: we cannot pay VAT on electricity.”

    He went on to declare, “We will not pay it today or tomorrow. Organized Labor is demanding the immediate withdrawal of the letter and another directive from the Finance Minister to Ghana Grid Company (GRIDCo) and ECG to halt the implementation of VAT on electricity. We are giving the government until January 31, 2024, to withdraw the letter.”

    Dr. Baah emphasized that if the Finance Minister fails to direct GRIDCo and ECG to withdraw the letter by the specified date, they will “advise themselves” on the necessary course of action.

    The Labor Union stands firm in its resolve to protect the interests of the people and ensure a fair and just resolution to the matter.

  • GRA Board Chair, Commissioner-General, lack integrity – Report

    GRA Board Chair, Commissioner-General, lack integrity – Report

    The Ghana Revenue Authority (GRA) is currently embroiled in a series of revenue assurance scandals, raising doubts about the perceived integrity of its Board Chairman, Tony Oteng-Gyasi, and Commissioner General, Reverend Dr. Ammishaddai Owusu-Amoah.

    Despite being figures with public acclaim for their honesty and principles, they are overseeing what some see as Finance Minister Ken Ofori-Atta’s final financial move before his departure at the end of the year.

    Despite unsuccessful attempts to remove them, a KPMG probe follows the GRA’s board and management’s failed attempt to justify the Strategic Mobilization Limited (SML) transaction.

    There are ongoing efforts to reverse President Akufo-Addo’s decision to investigate the SML deal, claiming potential revenue loss if the contract is suspended.

    Mr Oteng-Gyasi and Mr Owusu-Amoah, considered highly moral and honest by some, are now under scrutiny for their roles in the controversial SML transaction.

    Mr Oteng-Gyasi’s recent holiday during public scrutiny, along with his subsequent letter to the President urging reconsideration of the contract suspension, has sparked controversy.

    Despite Mr Oteng-Gyasi’s historical involvement in advocating principles, as evidenced by a video discussing procurement malpractices in Ghana, his recent actions in the SML deal have raised questions about his commitment to these principles.

    His political affiliations, spanning both the National Democratic Congress (NDC) and New Patriotic Party (NPP), add complexity to the situation.

    The contradictions in Mr Oteng-Gyasi’s public life, from advocating nationalism to his involvement in controversial financial transactions, paint a complex picture.

    His silence amid calls for transparency adds to the confusion, necessitating a response to address the concerns surrounding his public life.

    As Oteng-Gyasi faces questions about his oversight of revenue assurance deals, the public awaits his response to allegations and a demonstration of commitment to the principles he champions.

    His handling of these challenges will likely influence public perception of his stewardship of public resources.

    The broader issue underscores concerns about public life and who truly champions public interest in the leadership of the GRA.

  • Gov’t ‘working hard’ to have more Chinese companies in Ghana

    Gov’t ‘working hard’ to have more Chinese companies in Ghana

    Finance Minister Ken Ofori-Atta has conveyed the government’s deliberate efforts to position the country as a favored hub for Chinese businesses across the African continent.

    In a pivotal engagement held in Accra, Finance Minister Ken Ofori-Atta disclosed the government’s commitment to fostering stronger ties with the Chinese Business Community in Ghana. The occasion was part of the Ghana Mutual Prosperity Partnership, signaling a strategic effort to enhance collaboration between the two entities.

    “We want to use this platform to tease out the problems you face, equip you for the challenges of the future and increase Ghana’s attractiveness as a base for Chinese businesses on the continent,” Mr Ofori-Atta stated.

    The Finance Minister underscored Ghana’s economic resurgence, steady exchange rates, and decreasing interest rates as advantageous elements for businesses eyeing exports to China. Additionally, he highlighted the encouraging trajectory of the Bank of Ghana’s Business Confidence Index, signifying a growing confidence in the overall economic conditions of the country.

    Ghana Investment Promotion Centre (GIPC) is developing an Investment Code to expand incentives for both domestic and foreign strategic investments, with the aim of promoting a predictable and favourable environment for investment.

    China holds a crucial position in Ghana’s trade and investment landscape, with an FDI stock of approximately US$1.1 billion. Ghana stands as the 4th largest buyer of Chinese goods on the African continent, consuming approximately US$7.9 billion of Chinese exports in 2022, underlining the strong trade ties between the two nations.

    Reflecting on this enduring relationship, Mr Ofori-Atta expressed gratitude for China’s support during challenging times, notably as the first responder for anti-pandemic supplies during the “once-in-a-generation” pandemic. China’s leadership in supporting Ghana’s bid to restructure bilateral debts also showcased commitment to Ghana’s economic recovery efforts, he said.

    Chinese businesses play a vital role in driving infrastructure development in Ghana, particularly in sustainable business growth, energy and aviation sectors. Contracts underscore the importance of responsible business practices.

    Ambassador Lu Kun of The People’s Republic of China in Ghana highlighted the significance of the two nations’ 60-year diplomatic relations and the role of Ghana in China’s Belt and Road Initiative. Bilateral trade volume reached US$9 billion in the first 10 months of 2023, marking a year-on-year increase of 7.8 percent . Ambassador Lu Kun reiterated China’s commitment to sincere cooperation and shared interests.

    Chairman Yang Qun of the China Enterprises Chamber of Commerce in Ghana recognized the pivotal role of Chinese business investments in Ghana’s progress. Addressing challenges and acknowledging existing investments, he emphasized the positive impact of Chinese enterprises on Ghana’s economic landscape, contributing to sustainable development and community engagement.

    As Ghana and China enter the Chinese New Year, both nations express optimism for a prosperous year ahead, building on their historical partnership and commitment to mutual growth.