Panama Papers a good thing - Mahama

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PRINCE KWASI ADADE (OFIE P33) 8 years ago

SOURCE: GHANA MUST KNOW FORUM----------- ***Ladies and gentlemen of the media, with your pens and the help of a calculator, lets us all do these simple mathematics. This mathematics which can even be done by a BECE candidate ...
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SOURCE: GHANA MUST KNOW FORUM----------- ***Ladies and gentlemen of the media, with your pens and the help of a calculator, lets us all do these simple mathematics. This mathematics which can even be done by a BECE candidate who cannot write his final exams without questions leaks, and could not be done by President Mahama nor Seth Terkper as they want us to believe, will reveal to us how deliberately corrupt and financially reckless they are as far as the management of our economy is concerned. The Eurobond attracts an interest of 10.75% to be paid by the government of Ghana, $250m out of it is illegally deposited in UBA, a private bank. The bank, which is UBA in turn, decides to buy GHS 950 million of government Treasury bills at a rate of 24% (using the 1-year note); the bank would have made a hefty GHS 233 (USD 61) million profit in nominal terms just by loaning this same money to the government. Friends in the media, if this is not a 419 scam visited on unsuspecting Ghanaians by President Mahama, then what else is it? – Meanwhile, this is a President who is walking freely on the streets of London shamelessly mocking Ghanaians that he has never taken bribe, my goodness!!! Note therefore, that Government is paying 10.75% 24% which is 34.75% interest on the money he borrowed from the capital market. Government is paying 24% interest on his own money to a private firm. Is this sheer wickedness, foolishness, witchcraft or what? We cannot help, but agree with Nana Konadu Agyeman Rawlings when she posited few days ago and I quote, “If you borrow money at a high interest rate to lend it to another at a low interest rate then borrow your own money back from them at a high interest rate, you are either not wise, a thief or both. No wonder their campaign message of “vote for us so they don’t jail us, it’s time to save Ghana from this criminality”. For the GHANA MUST KNOW forum, we believe they are both – unwise and thieves, and more so 419 scammers
APONKYE 8 years ago

The Panama Papers exposed how Kufuor was dealing with the Tax Havens through his son. Or was it that his son swindled Kufuor by opening the account in his own name instead of his father's - such swindling is common among Asha ...
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The Panama Papers exposed how Kufuor was dealing with the Tax Havens through his son. Or was it that his son swindled Kufuor by opening the account in his own name instead of his father's - such swindling is common among Ashantis.

Then also Afoko, a Kufuor Faction member, was also exposed by the Papers!

This means that Kufuor's faction of the NPP had the official blessing to loot state resources led by himself. This is why the Akyem mafia hate the Kufuor faction because they were left out of the looting spree. No wonder Nana Addo had to sell his family property and is now hoping to steal government resources to reimburse the family - sadly that will never happen.
Kojo Esuon 8 years ago

Why do we like smearing people all the time. The Papers cited the Prez son and not the Prez. Why, are parents responsible for the behaviour of their adult children. And the amount involved is even a laughable $75, 000. This c ...
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Why do we like smearing people all the time. The Papers cited the Prez son and not the Prez. Why, are parents responsible for the behaviour of their adult children. And the amount involved is even a laughable $75, 000. This cannot be stolen money otherwise Prez Kuffuor would have been silly indeed.
Kojo Morovia 8 years ago

Thank you for your stupidity. Your level of intelligence is baffling. I will prefer stupidity to your level of intelligence. It will be less dangerous.

Thank you for your stupidity. Your level of intelligence is baffling. I will prefer stupidity to your level of intelligence. It will be less dangerous.
Ghana-ba 8 years ago

You are fool to response this way. Yes $75,000 of course is peanuts, compRed to the millions being siphoned from Ghana by the present officials of this MOST CORRUPT GOVERNMENT, cunt.

You are fool to response this way. Yes $75,000 of course is peanuts, compRed to the millions being siphoned from Ghana by the present officials of this MOST CORRUPT GOVERNMENT, cunt.
Odikr@ 8 years ago

Kojo :))

The $75,000,could be the fee to buy an extra layer of anonymity.
The Excel 2000 Trust was a shareholder of Landau Solutions...

Kojo :))

The $75,000,could be the fee to buy an extra layer of anonymity.
The Excel 2000 Trust was a shareholder of Landau Solutions...
kwabena worae 8 years ago

CORRUPT PROPAGANDIST IMCOMPETENT PRESIDENT. OF ALL THE CORRUPT STEALING AND ABUSE OF OFFICE UNDER YOUR WATCH YOU GO ABOUT TALKING ABOUT PAST PRESIDENT'S PANAMA ISSUE OF $75000 COMPARED TO EVEN WAYOME. THE FISH ROTS FROM THE H ...
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CORRUPT PROPAGANDIST IMCOMPETENT PRESIDENT. OF ALL THE CORRUPT STEALING AND ABUSE OF OFFICE UNDER YOUR WATCH YOU GO ABOUT TALKING ABOUT PAST PRESIDENT'S PANAMA ISSUE OF $75000 COMPARED TO EVEN WAYOME. THE FISH ROTS FROM THE HEAD MR. PRESIDENT. ..YOU ARE THE HEAD AND CAN'T CRACK THE WHIP. PREZ MILLS STARTED INVESTIGATING YOU BEFORE HE MYSTERIOUSLY DIED. WAIT TILL THERE IS A DEBRA LEAK.......GOD BLESS GHANA.
kwabena worae 8 years ago

I MEANT DUBIA LEAK, BUT FELLOW COUNTRYMEN FACE IT THIS CROP OF NDC IS THE MOST CORRUPT IN OUR HISTORY AND THE REGIME BLESSED WITH RESOURCES IN HISTORY BUT GHANA STILL STAGNATED DOING WHAT WE USE TO DO NOTHING NEW. .....UNEMP ...
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I MEANT DUBIA LEAK, BUT FELLOW COUNTRYMEN FACE IT THIS CROP OF NDC IS THE MOST CORRUPT IN OUR HISTORY AND THE REGIME BLESSED WITH RESOURCES IN HISTORY BUT GHANA STILL STAGNATED DOING WHAT WE USE TO DO NOTHING NEW. .....UNEMPLOYMENT.....PROPAGANDIST BRIDGES BUILT HERE AND THERE TO CONFUSE THE MASSES BUT EVEN THAT THERE IS STEALING. YOU CAN'T ACCOUNT FOR PROJECTS, INFL AT I ON OF COST
Mensah fred 8 years ago

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For YOUR LOTTO WIN
AM FRED MENSAH THE LOTTO DEALER
Kwame 8 years ago

Don't worry Dubai papers will be publish very soon and we will know who is clean.

Don't worry Dubai papers will be publish very soon and we will know who is clean.
Charles 8 years ago

Mahama says some people don't know they are engaged in corruption. Mugabe says mahama is a disgrace to Ghana and Africa. Obasanjo accused mahama and ndc of bribe taking. Mahama says he's never taken bribes. Buhari says mahama ...
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Mahama says some people don't know they are engaged in corruption. Mugabe says mahama is a disgrace to Ghana and Africa. Obasanjo accused mahama and ndc of bribe taking. Mahama says he's never taken bribes. Buhari says mahama is intelligent. Very conflicting and yet what is consistent is that they are or were presidents in Africa.
Opulu 8 years ago

Mahama yours is with Iran and Turkey you think we don't know when you leave power people will know your hidden of your money.

Mahama yours is with Iran and Turkey you think we don't know when you leave power people will know your hidden of your money.
Jay+++++++++++++London 8 years ago

NDC gets around this law by not putting money they steal in Ghana banks. So how can one see you transferring money that is already put in Iran, Qatar, Dubai, banks ?

NDC gets is money through kickbacks with foreign compani ...
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NDC gets around this law by not putting money they steal in Ghana banks. So how can one see you transferring money that is already put in Iran, Qatar, Dubai, banks ?

NDC gets is money through kickbacks with foreign companies as part of project cost hence the inflated cost of NDC projects.

Whenever Mahama speaks about corruption examine it carefully and you would see where the loophole that enables HIM TO STEAL LIES.

He says the law as it stands now detects big money transfer from Ghana so what do the NDC folks do? Not let the money be in Ghana in the first place. Simple. That is how they sidestep the LAW.

NDC THIEFS JUST STOP THE THIEVING AND THAT IS THE BEST LAW MAHAMA?
Lance 8 years ago

This Mahama guy thinks that all Ghanaians are mumus like him!

So there is machinery in the Ghana banking system for reporting money being taken abroad? Does he think the companies that engage in over-invoicing and under-in ...
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This Mahama guy thinks that all Ghanaians are mumus like him!

So there is machinery in the Ghana banking system for reporting money being taken abroad? Does he think the companies that engage in over-invoicing and under-invoicing are not aware of that? They get PAID OVERSEAS, so there can be no trace of rhe payments in Ghana. Even if they were reported in Ghana, who would ACT on the reports? Has the report on Dzifah been acted upon? Woyome? Gyeeda etc?

Similarly, the Ghanaians from the NDC Government who are paid bribes by overseas contractors do not get paid in Ghana but overseas. The power-barge payments from the AMERI contracts were put in accounts in Bahrain and probably Turkey. There is no chance of a "Panama Papers" type of leakage from Dubai, Qatar and other Middle Eastern money-holes, is there?

Well, no-one thought there would ever be a leakage from an obscure place like Panama, did they?! Everyone thought Switzerland was the hiding place, didn't they?

Mahama, in case you don't know, Dubai, Qatar and Turkey will also speak. As will Jersey and the Virgin Islands. For your greed has forced the hands of the American and British Governments. You will soon be vomiting more money than you have swallowed, you mumu.

For how much can you hide in cash? The aeroplanes you put your cash currency "luggage" in, are they not piloted by human beings? Just wait!
Joseph A 8 years ago

Foolish kojo
where is ur sence?if this were to be JJ will say this?

Foolish kojo
where is ur sence?if this were to be JJ will say this?
Papa Abouchie 8 years ago

But John Mahammah .your name is also there

But John Mahammah .your name is also there
Mr Bond 8 years ago

The most corrupt Hypocrite president self seeking righteous John Dramani Mahama has left himself our of the scandal even Panama papers and Forbes has reveal that he has stolen $10 billion and 990 million dollars without menti ...
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The most corrupt Hypocrite president self seeking righteous John Dramani Mahama has left himself our of the scandal even Panama papers and Forbes has reveal that he has stolen $10 billion and 990 million dollars without mention himself is disgusting and not man up enough to fight corruption maybe he has forgotten that Panama papers is no the internet for everybody to see because even if his is deleted his accounts are alive.
truth 8 years ago

Go and learn from class one. You address Clinton president Clinton though he is an EX.

Go and learn from class one. You address Clinton president Clinton though he is an EX.
GOD WILLING 8 years ago

Africa's looting leaders must be shivering. God willing, Dubai, Mauritius and South Africa, the new safe haven for Africa's thieving politicians will soon begin expose the bank accounts and landed properties acquired in those ...
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Africa's looting leaders must be shivering. God willing, Dubai, Mauritius and South Africa, the new safe haven for Africa's thieving politicians will soon begin expose the bank accounts and landed properties acquired in those countries by Africa's corrupt. Them de shake gidigidigidi.
JM 8 years ago

JDM please continue your good job . God will reward you . NPP ;KU4:NANA and all NPP guys are more corrupt than NDC gov.

JDM please continue your good job . God will reward you . NPP ;KU4:NANA and all NPP guys are more corrupt than NDC gov.
Adanko 8 years ago

You may appear not to be corrupt but all figures point to your involvement in various corrupt scandals in this country. We know also tht your brother, party members and a host of yr ministers are knee deep in corruption tht ...
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You may appear not to be corrupt but all figures point to your involvement in various corrupt scandals in this country. We know also tht your brother, party members and a host of yr ministers are knee deep in corruption tht is benefitting you. All these show tht, Mr President you are corrupt!

Panama Papers a good thing - Mahama

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