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Editorial News of Friday, 23 February 2001

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Who paid $1.445m to foreign contractor?

Officials at the Ministry of Finance (MOF) are at their tether's end explaining how a staggering amount of $1.445 million was paid to a foreign contractor working on the proposed Olympic- size sports stadium, the 'Chronicle' said.

Authoritative sources told the paper that new Minister for Youth and Sports, Mallam Ali Yusuf Issa has requested for the files on the contract and the payments from the Finance Ministry.

The contractor, B.V. Philips Eindhoven of Holland, has also threatened to sue the government of Ghana at an International Arbitration Court to recover an outstanding debt of $345,000, which is part of a total bill of $1.8 million representing cost for feasibility studies and architectural designs. Certain officials of the Ministry under whose purview these issues fall, reportedly, do not seem to know how the monies were paid.