xxxxxxxxxxx of Monday, 19 June 2017

Source: adomonline.com

Venture Capital spent more than GHC1.4m on Christmas bonus for Board Members - AG

Thirteen board members of Venture Capital Trust Fund were paid an amount of GHC 1,482,000 (14.8 billion cedis old) as Christmas bonuses, the Auditor General has revealed.

Each of them was paid an amount of GHC 114,360 for the nine day celebration.

This revelation came to light on the Fabewoso segment of Adom FM’s Morning Show, ‘Dwaso Nsem’ on Monday when host, Captain Smart reviewed the 2015 report of the Auditor-General on the Public Accounts of Ghana.

Watch Captain Smart explain how the money was disbursed below: