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General News of Tuesday, 9 December 2014


GYEEDA Saga: Indicted companies fail to refund State money

More than a year after president John Mahama directed the Attorney General to collect all debts illegally paid to individuals, public and private institutions, Joy News can confirm a half-hearted attempt at collecting the misappropriated monies.

In a meeting with representatives of anti-corruption campaigners at the Flagstaff House in November 2013 President John Mahama said:

"I have instructed the Minister for Justice and Attorney-General/EOCO and the Minister of Finance to work with the Minister for Youth and Sports to achieve the following by 31st December 2013: a. Secure refunds of monies wrongfully paid to or appropriated by any individuals or companies from contracts with SADA, GYEEDA, and the Ghana Revenue Authority (GRA) and to retrieve the monies wrongfully paid to Waterville and Isofoton."

It is December 2014, and while monies in excess of ¢300 million had illegally been paid under dubious circumstances, only ¢14.5m had been retrieved, at least according to the Deputy Attorney General Dominic Ayine.

Key among the many corruption scandals that rocked the country in recent times were SADA, GYEEDA, and SUBAH.

Joy News investigator Manasseh Awuni-Azure who was instrumental in investigating and breaking these corruption scandals said only a drop has been retrieved despite the president's directive.

According to him, of the 200million cedis illegally disbursed by SADA, nothing has been retrieved to the state and nobody has been held to account.

Even though former National Coordinator for GYEEDA, and CEO for Goodwill International Abuga Pele and Philip Assibit respectively are being prosecuted under the GYEEDA scandal, Azure-Awuni said several other key suspects have been left off the hook.

The state went into an agreement with the AGAMS group of companies to pay in by-quarterly installments, 55 million cedis illegally paid to the company under the GYEEDA and SADA scandals.

Per that agreement, the AGAMS group of companies were supposed to pay 14.5 million cedis every quarter till it completes payment.

The first installment was paid in April, 2014, Joy News reported. However a source at the AGAMS group of companies told the company has paid in excess of 20 million cedis, a claim cannot confirm.

Jospong Group of companies who were also directed to refund over 100 million cedis has yet to make payment.

These revelations notwithstanding, President John Mahama said his commitment to fighting corruption is unshakeable.

On the occasion of the World Anti-corruption Day the president said over 300 individuals are being prosecuted for corruption-related offences, a testimony of his fight against corruption.