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General News of Friday, 4 June 2010

Source: The Herald

Kennedy Agyapong buys ¢8bn Rolls Royce

Kennedy Agyapong said at age 50 he will buy a Rolls Royce, and a private jet at 55

Officials of the Customs Excise and Preventive Service are asking revenue agencies to probe the source of NPP Member Parliament for Assin-North, Kennedy Agyapong’s wealth, following the MPs purchase of a specially manufactured Rolls Royce for his personal use.

Media owner, Kennedy Agyapong drove off his nearly 8 billion cedis diamond black/silver Rolls-Royce Phantom Saloon car manufactured by Rolls Royce Motor Cars in London, United Kingdom from the Tema Port a little over two weeks ago, leaving port officials wondering how, where and when the NPP MP got his money. Detailed documents obtained by the Herald newspaper on the luxurious car revealed that Mr. Agyapong paid the manufacturers whopping 249,708.00 pounds sterling, the equivalent of five billion, four hundred and ninety three million, five hundred and seventy thousand old cedis in April this year for the vehicle.

The opposition MP paid two billion, one hundred and fifty four million, ninety seven thousand old cedis last month as custom duty before the lavish vehicle was cleared from the Tema Harbour by Fame Shipping Agency Limited. The Value of the car and the amount spent on custom duty means that the Ghanaian MP paid a total of seven billion, six hundred and four million.

Five hundred and forty thousand old cedis on the acquisition of the luxurious vehicle, probably the first of its kind in the country which will soon be passing through a street near you. It is the price of the car, purposely made this year, 2010, under Mr. Agyapong’s strict instructions and the amount spent to clear it from the port, that has got some Customs officials and other security agencies interested in the source of money. “Oh my brother, where is this man getting his money from? one CEPS officer asked rhetorically.

He (CEPS Official) went on, in any serious country IRS (Internal Revenue Service) would have been on his heels by now tracing the source of his money but this is Ghana. The car has been purchased in the wake of media reports that Mr. Agypong’s media empire is crumbling as a result of his inability to pay his workers in living wage, necessitating a mass exodus of the workers to other media houses.

The custom made diamond black/silver car has SCA681S05AUX01690 as its chassis number. Special features on the car include a short circuit TV which tells the driver what the distance ahead is, a DVD changer, soft leader upholstery among other features. Those who have seen the car told The Herald newspaper it has an inscription “Kennedy Agyepong@50” written on it making them suspect he bought it as his 50th birthday present.

Those who have seen the car told The Herald newspaper it has an inscription “Kennedy Agyepong@50” written on it making them suspect he bought it as his 50th birthday present.

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