1 billion Eurobond which was borrowed at an interest rate of 10.75% to a private bank. The private bank, (UBA) in turn used these funds to purchase treasury bills, i.e. lent to government at an interest rate of more than 20%. ... read full comment
1 billion Eurobond which was borrowed at an interest rate of 10.75% to a private bank. The private bank, (UBA) in turn used these funds to purchase treasury bills, i.e. lent to government at an interest rate of more than 20%. WE ARE IN FOOLS REGIME INDEED CALLED NDC and ...... Don't resign you belong to NDC
PRINCE KWASI ADADE ( OFIE P33 ) 9 years ago
DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there ... read full comment
DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there is the issue of prudence in the management of Ghana’s resources. How do you go and borrow money for 10.75% (US dollar) and give it to someone to lend it to you at over 20% (GHC)? In effect you are paying over 30%! Assuming stable exchange rates, Ghana will be paying additional interest of at least $50 million a year on this transaction. It really is reckless. The government is claiming that the funds were “idle”. Really? What does that mean? Why do you borrow funds and pay interest on it if you do not have use for them at the moment? It is clear that the GIIF does not have a portfolio of projects ready to invest in and it is weird to allocate a whopping sum of $250 million to them at this time. Is the Minister aware that the country owes N-Gas some $100 million? What about other contractors who are owed money by the government? How can you owe so much, have so much to do and yet claim to have “idle” borrowed funds? The allocation of such an amount to a private bank also has major macroeconomic consequences for a relatively small economy like Ghana. It increases the deposits of the banking system and ultimately the money supply. It has inflationary and exchange rate depreciation consequences and would make it more difficult for the government to meet its inflation target. I am surprised that the government is oblivious of these consequences. The Funds should stay at the Bank of Ghana. After all the Bank of Ghana, on its own or through its external fund managers of the caliber of internationally reputable banks like UBS, JP Morgan, Citibank, Merrill Lynch etc. can undertake whatever investment of the country’s foreign exchange that the government would like it to undertake
PRINCE KWASI ADADE ( OFIE P33 ) 9 years ago
BAWUMIA IS A PROPHET! WATCH HIS WORDS! ! HE SAYS RESIGN AND GO, SO YOU BETTER LISTEN AND JUST GO!!!
BAWUMIA IS A PROPHET! WATCH HIS WORDS! ! HE SAYS RESIGN AND GO, SO YOU BETTER LISTEN AND JUST GO!!!
DusTY-FooT-pHiloSophER 9 years ago
Yeah! preach along like Bawumia has been falsely propagating without evidence in sight.
Yeah! preach along like Bawumia has been falsely propagating without evidence in sight.
legend 9 years ago
You are soo silly to say without evidence
Did you hear the finance minister denying the issue?
You are soo silly to say without evidence
Did you hear the finance minister denying the issue?
DusTY-FooT-pHiloSophER 9 years ago
Hey fool, read what is reported here by the Finance Minister, Seth Terkper and that of Bawumia and know the difference, buulu.
Hey fool, read what is reported here by the Finance Minister, Seth Terkper and that of Bawumia and know the difference, buulu.
DR TRUTH 9 years ago
TEKPER TRYING TO SHIFT BLAME ON HIS LEGAL ADVISORS RATHER THAN ACCEPTING FULL RESPONSIBILITY. NO GOVERNMENT FUNDS IS KEPT IN A PRIVATE BANK IN THE GOVERNMENT COUNTRY ANYWHERE IN THE WORLD. IT IS AN ACT TO LOOT AND LAUNDER STA ... read full comment
TEKPER TRYING TO SHIFT BLAME ON HIS LEGAL ADVISORS RATHER THAN ACCEPTING FULL RESPONSIBILITY. NO GOVERNMENT FUNDS IS KEPT IN A PRIVATE BANK IN THE GOVERNMENT COUNTRY ANYWHERE IN THE WORLD. IT IS AN ACT TO LOOT AND LAUNDER STATE FUNDS
SAM 9 years ago
First Bawumia said the finance minister was hiding the money for it to be used as campaign funds, now that he has been exposed as a liar, he has the nerve to call for Terkper's resignition.
Did he get a doctorate in lies?
First Bawumia said the finance minister was hiding the money for it to be used as campaign funds, now that he has been exposed as a liar, he has the nerve to call for Terkper's resignition.
Did he get a doctorate in lies?
DusTY-FooT-pHiloSophER 9 years ago
He has sold his conscience and credibility to “Kukurudu yahoolism,” that's all.
He has sold his conscience and credibility to “Kukurudu yahoolism,” that's all.
HAHAHA,SO DON'T YOU KNOW THE STUPIDITIES OF THIS NDC BOOT LICKER CALLED DIRTY PHILISOPHER?.HE IS BLIND AND DUMMY LIKE CORNEY AND ABEEKU MENSAH.I DON'T KNOW WHAT TYPE OF DRUG THEY USE.
HAHAHA,SO DON'T YOU KNOW THE STUPIDITIES OF THIS NDC BOOT LICKER CALLED DIRTY PHILISOPHER?.HE IS BLIND AND DUMMY LIKE CORNEY AND ABEEKU MENSAH.I DON'T KNOW WHAT TYPE OF DRUG THEY USE.
SIR 9 years ago
DR. BAWUMIA... The Doctor of Econmics.
DR. BAWUMIA... The Doctor of Econmics.
JOHN 9 years ago
This a typical example of Tekpernomics that ran Ghana down from a middle income country to HIPC in three and a half years. Dead goat as usual is sleeping on the job that is if he understands what he is expected to be doing as ... read full comment
This a typical example of Tekpernomics that ran Ghana down from a middle income country to HIPC in three and a half years. Dead goat as usual is sleeping on the job that is if he understands what he is expected to be doing as NDC president.
THIS DAY 9 years ago
THIS MAN HAS NOW QUALIFIED TO BE SENT TO NSAWAM PRISON STRAIGHT, AFTER HIS TERM IN OFFICE. HOW CAN SOME PEOPLE BE SOO CALLOUS ?. LOOK AT THE LEVEL OF POVERTY YOUR PEOPLE AT SOMANYA AND OTHER SHAI TOWN AND VILLAGES ARE SUFFERI ... read full comment
THIS MAN HAS NOW QUALIFIED TO BE SENT TO NSAWAM PRISON STRAIGHT, AFTER HIS TERM IN OFFICE. HOW CAN SOME PEOPLE BE SOO CALLOUS ?. LOOK AT THE LEVEL OF POVERTY YOUR PEOPLE AT SOMANYA AND OTHER SHAI TOWN AND VILLAGES ARE SUFFERING FROM. TIME WILL TELL.
CALABASH 9 years ago
Does Seth Terkper know the relevant portion of the Bank of Ghana Act on which Dr. Bawumia stood on, as the basis for asking for his resignation?
Is Seth Terkper aware of that section 53 of the Bank of Ghana Act?
How does ... read full comment
Does Seth Terkper know the relevant portion of the Bank of Ghana Act on which Dr. Bawumia stood on, as the basis for asking for his resignation?
Is Seth Terkper aware of that section 53 of the Bank of Ghana Act?
How does Seth Terkper understand it and in his estimation, as the Minister of Finance, does he think the transfer of $250 million dollars is consistent with that portion of the Act?
If yes why, and can Seth Terkper explain how it is consistent with section 53 of the Act?
If no, what makes Seth Terkper think, calls for his resignation are unmeritorious in the matter of the transfer of $250 million dollars to the private bank?
PRINCE KWASI ADADE ( OFIE P33 ) 9 years ago
TERKPER, JUST GO. IT IS A DIVINE COMMANDMENT FROM THE GREAT PROPHET OF GOD, DR. BAWUMIA. WATCH HIS WORDS! !!!!!!
TERKPER, JUST GO. IT IS A DIVINE COMMANDMENT FROM THE GREAT PROPHET OF GOD, DR. BAWUMIA. WATCH HIS WORDS! !!!!!!
USMAN 9 years ago
That is Tekper's Economics.
That is Tekper's Economics.
Dannison 9 years ago
Two liers in conflict, who will lie most.
Two liers in conflict, who will lie most.
Amidini 9 years ago
Dr Bawumia has no way only propaganda
Dr Bawumia has no way only propaganda
Jay+++++++++++++London 9 years ago
If the best that Tekper can say for committing this heinous crime to the nation is that "he believes he did not do anything wrong" then the proper channel must be applied to verify whether or not he did wrong.
What Tekper ... read full comment
If the best that Tekper can say for committing this heinous crime to the nation is that "he believes he did not do anything wrong" then the proper channel must be applied to verify whether or not he did wrong.
What Tekper believe is not important to Ghanaians. What is important to us is that facts are lay bare before all of us.
So to prove Bawumia wrong there has to be an official investigation into the the whole process of transferring state money into NDC-Friendly private BANKS who lend it back to the state at inhuman interest rates.
What makes this whole saga absolutely unbelievable Mahama's so-called Accounting is still in process. Meeting some local chiefs in his pocket and urging them to support him in public in return for some of the stolen state money.
Arthur Mills went to Central region to tell a constituency that unless they vote NDC they would not benefit from NDC projects. I mean what sort of government is that?
Divide and ruler. Are developments undertaken for social and economic basis or because of voting for NDC?
Arthur Amissah' pronouncements at Central region is a clear illustration of HIS INCOMPETENCE. I mean he said that in public. What a COK UP?
Tekper can hag onto his post but TIME WOULD CAUGHT UP WITH HIM SOONER THAN LATER. HE WOULD BE MADE TO ACCOUNT FOR HIS DEEDS AT THE FINANCE MINISTRY ONE DAY AND THAT IS FOR SURE.
Abeeku Mensah 9 years ago
The legal use of "hold" Dr. Bawumia is not a literal definition. Bank of Ghana continues to "hold" the $250 million because they continue to be owners of the money and have not seeded ownership; they have invested the money. ... read full comment
The legal use of "hold" Dr. Bawumia is not a literal definition. Bank of Ghana continues to "hold" the $250 million because they continue to be owners of the money and have not seeded ownership; they have invested the money. Dr Bawumia should explain why BoG funds end up as loans to banks and financial institutions if those monies belong to BoG and are thus held by BoG. And for those who ask of Dr. Bawumia how high to jump because Bawumia says jump I say to you all to get a clue. Dr. Bawumia is a big fish in a small pond in Ghana and what he say does not ripple outside NPP small ponds.
Siedu 9 years ago
Which do you like, "ANYASASEM" or " ABROFOSEM "?
Which do you like, "ANYASASEM" or " ABROFOSEM "?
Godsway 9 years ago
Are you saying is a private account. I beg you check your facts and don't continue to spread lies.
Are you saying is a private account. I beg you check your facts and don't continue to spread lies.
Uncle T 9 years ago
“We are a country of laws, every Minister of Finance has legal advisors and I take every step after listening to my advisors. So, I believe that I did not break any law and I don’t have any reason to resign,” In English ... read full comment
“We are a country of laws, every Minister of Finance has legal advisors and I take every step after listening to my advisors. So, I believe that I did not break any law and I don’t have any reason to resign,” In English, this means "Even if I have goofed, it was due to ill advice from my lawyers. So they should be held responsible, not me" Hahahahahaha
Master & Commander 9 years ago
The call is this thief to make, to jump or push. He's proven to be irredeemably corrupt so the least he can do it to resign or he will be pushed.
How can you borrowed money that attracts a 10.5% interest, a money that acco ... read full comment
The call is this thief to make, to jump or push. He's proven to be irredeemably corrupt so the least he can do it to resign or he will be pushed.
How can you borrowed money that attracts a 10.5% interest, a money that according to Terkper the nation doesn't need only to turn around and loaned the same money to a private bank for an interest of 6 % only for the private bank to lend the very money that the govt. owns in a form of treasury bill at 20% going interest rate.
Terkper must not only resign but also, he must be charged with causing financial loss to the state.
Siedu 9 years ago
What do you like, "ANYASASEM" or "ABROFOSEM"?
What do you like, "ANYASASEM" or "ABROFOSEM"?
Big Dadi 9 years ago
If I were the FM, I will resign now to avoid going to jail in 2017- This is just my advice for him
If I were the FM, I will resign now to avoid going to jail in 2017- This is just my advice for him
JM WILL LOSE 9 years ago
This is even not the end of the story. Can Seth Terkper tell Ghanaians if effective the 2014 financial year, he has been transferring the 2.5% of the existing VAT revenue as stated in the Act? What about the 25% of the ABFA t ... read full comment
This is even not the end of the story. Can Seth Terkper tell Ghanaians if effective the 2014 financial year, he has been transferring the 2.5% of the existing VAT revenue as stated in the Act? What about the 25% of the ABFA to be applied to amortisation and direct infrastructure expenditure being some of the sources of money for the GIIF?
jagadu 9 years ago
Somebody should bring a lawsuit to force this foolish Tekper to resign. NDC is ruling Ghana with impunity and that is dangerous to our democracy. Ghana is lawless!
Somebody should bring a lawsuit to force this foolish Tekper to resign. NDC is ruling Ghana with impunity and that is dangerous to our democracy. Ghana is lawless!
KWAKU, LONDON 9 years ago
Doctor inform the STAKEHOLDERS ie the LENDERS AND ALSO THE WESTERN EMBASSIES who can hold the Govt to accunt. It is very srious; MISSuse OF LOANS !!!!
Doctor inform the STAKEHOLDERS ie the LENDERS AND ALSO THE WESTERN EMBASSIES who can hold the Govt to accunt. It is very srious; MISSuse OF LOANS !!!!
Bill 9 years ago
Did I hear Seth TERKPER say he invests NHIA monies to earn interest before paying SERVICES PROVIDERS ??? Wake up Service Providers !!!
So the government deliberately will delay paying service providers for 4 months and ear ... read full comment
Did I hear Seth TERKPER say he invests NHIA monies to earn interest before paying SERVICES PROVIDERS ??? Wake up Service Providers !!!
So the government deliberately will delay paying service providers for 4 months and earn interest on their money before paying their debts to services providers. Whilst Service Providers suffer from the interest charges from their bankers. Wickedness and insensitive government.
CHE 9 years ago
How can we develop with such inept ministers like Terkper in sensitive positions?
How can we develop with such inept ministers like Terkper in sensitive positions?
apuuuu 9 years ago
Terkper you are going to resign one way or another when the time comes apuuuu
Terkper you are going to resign one way or another when the time comes apuuuu
BENONY TONY AMEKUDZI, ESQ. 9 years ago
BENONY TONY AMEKUDZI, BARRISTER-AT LAW, QCL, PLC, DPA, CPA, BA (HONS) {GHANA}, MASTER OF LAWS (LLM) {NEW YORK, USA} PENDING, MEMBER, INTERNATIONAL (WORLD/GLOBAL) BAR ASSOCIATION, MEMBER, COMMONWEALTH LAWYERS ASSOCIATION, ASSO ... read full comment
BENONY TONY AMEKUDZI, BARRISTER-AT LAW, QCL, PLC, DPA, CPA, BA (HONS) {GHANA}, MASTER OF LAWS (LLM) {NEW YORK, USA} PENDING, MEMBER, INTERNATIONAL (WORLD/GLOBAL) BAR ASSOCIATION, MEMBER, COMMONWEALTH LAWYERS ASSOCIATION, ASSOCIATE MEMBER, AMERICAN BAR ASSOCIATION, MEMBER, GHANA BAR ASSOCIATION
EBAA LAW CONSULT
ORCA DECO (TOKU) BUILDING, 1ST FLOOR
P.O. BOX AN 5966
ACCRA.
GHANA.
BENONY TONY AMEKUDZI, INTERNATIONAL LAWYER photo BenonyTonyAmekudzi2.jpg
BENONY TONY AMEKUDZI, INTERNATIONAL LAWYER/LEGAL CONSULTANT
TEL: 0545758633
MOBILE PHONE NO: 0245848560
TO: H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA
HON. MINISTER OF FOREIGN AFFAIRS & REGIONAL INTEGRATION HANNAH TETTEY
HON. MINISTER OF JUSTICE & ATTORNEY GENERAL OF GHANA MARIETTA BREW APPIAH-OPPONG
HON. MINISTER OF INTERIOR PROSPER BANI
HON.MINISTER OF FINANCE SETH TERKPER
HON. MINISTER OF COMMUNICATIONS DR. OMANE BOAMAH
HON. MINISTER OF DEFENCE OF GHANA KUMBOUR
INSPECTOR GENERAL OF GHANA POLICE SERVICE JOHN KUDALOR
DIRECTOR OF BNI
COMMISSIONER OF CHRAJ
CHIEF EXECUTIVE OFFICER OF YAHOO.COM
INFO TO:
H.E.DR.MR.PRESIDENT BARACK OBAMA
H.E.PRESIDENT OF EUROPEAN UNION DONALD TUSK
H.E.CHAIRPERSON OF AFRICAN-UNION
HON. SECRETARY OF STATE JOHN KERRY
H.E.SECRETARY GENERAL OF UNITED NATIONS BAN KI-MOON
PRESIDENT OF WORLD BANK JIM YONG KIM
H.E.SECRETARY GENERAL OF THE COMMONWEALTH
H.E.SECRETARY GENERAL OF THE ARAB LEAGUE
HON. UNITED STATES OF AMERICA ATTORNEY GENERAL
DIRECTOR OF FBI
DR.ELI YABANI, BAPTIST PASTOR, ACCRA.
SPECIAL INFO ALERT TO:
HOLY FATHER POPE FRANCIS 1
DATE: TUESDAY, MAY 10, 2016
SUBJECT: TO REGRETTABLY REPORT AGAIN OF CYBER/INTERNET RELATED ATTACKS/FRAUD PERPETRATED AGAINST MY "tonyamekudzi@Yahoo.com" E-MAIL SITES, THERETO.
THAT THE CYBER/INTERNET RELATED ATTACKS/FRAUD PERPETRATED AGAINST MY E-MAILS SITES ARE NOT ONLY "SHAMEFUL BUT ALSO CRIMINAL" AND URGENTLY NEED AN INVESTIGATIONS, THERETO.
THAT IN VIEW OF THE ABOVE THAT THE E-MAIL SENT TO ME AGAIN ABOUT "GLOBAL AWARDS" HAS ALSO BEEN REMOVED FROM THE E-MAIL SITES BY THE PERPETRATORS OF THESE RELATED HEINOUS AND SHAMEFUL CRIME, THERETO.
THAT THOSE WHO ARE NOT ASHAMED BUT RESORTED TO MY E-MAIL SITES AND MARKING THE E-MAILS WITH THE "BLACK STAR" AND ALSO TURNING THEMSELVES AS THE E-MAIL BELONGS TO THEM SHOULD BE ASHAMED OF THEMSELVES, THERETO.
THAT IT IS NOTE WORTHY TO SET THE RECORDS STRAIGHT THAT HON. MINISTER OF INTERIOR PROSPER BANI INTIMATED SOMETIME IMMEDIATELY HE HAS BEEN APPOINTED MINISTER OF INTERIOR THAT THEY WOULD RESORT "TO MARKING SOME E-MAILS" AND ALSO HON.MINISTER OF FINANCE SETH TERKPER IS ALSO SUSPECTED TO BE DOING SOMETHING ABOUT MY E-MAILS, THERETO.
THAT IT BEHOOVES ON ME TO RESPECTFULLY SUBMIT THAT I ALSO SUSPECTED SOME OFFICIALS OF THE OPPOSITION PARTIES IN GHANA TO HAVE SOMETHING DOING ABOUT MY E-MAILS SITES, THERETO.
THAT WHEN I WAS RESIDENT IN AMERICA THAT TOGETHER WE WORKED VERY HARD WITH H.E.DR.MR>PRESIDENT BARACK OBAMA, THE ADMINISTRATION THEREAFTER I HELPED H.E.MR>FORMER PRESIDENT GEORGE W.BUSH ADMINISTRATION AND GHANA BENEFITED FROM BOTH ADMINISTRATIONS OVER $1 BILLION AND EVEN MONEYS GIVEN TO ME THROUGH GHANA GOVERNMENTS THAT I HAVE STILL NEVER RECEIVED ANY AND GHANA GOVERNMENT HERSELF ALSO NEVER HELPED ME.
THAT AT A CERTAIN PERIOD OF TIME WHEN I WAS RESIDENT IN NEW YORK THEN THAT I PAID A VISIT TO MY UNCLE DR. ELI YABANI WHO WAS THEN A STUDENT AT A BAPTIST SEMINARY IN RALIEGH, NORTH CAROLINA..
THAT THERE WAS A GHANAIAN PASTOR BANI WHO WAS ALSO RESIDENT THEN IN RALEIGH, NORTH CAROLINA AND HAD A SMALL GHANAIAN COMMUNITY CHURCH AND WHO ALSO TOLD ME HE DEALT WITH SOME NGO'S, THERETO.
THAT WHILE WAITING TO GET INTO THE LAW PRACTICE IN NORTH CAROLINA THAT I WAS ADVISED TO APPLY FOR TEACHING POSITION IN THE PUBLIC SCHOOLS, THERETO.
THAT I DULY DID APPLY FOR THE TEACHING POSITION AND PASTOR BANI AFTER MY TRANSCRIPTS AND CREDENTIALS HAD BEEN CERTIFIED THAT HE INFORMED ME THAT HE ALONE WAS GOING TO SUBMIT THE APPLICATION TO THE PUBLIC SCHOOLS ON MY BEHALF, THERETO.
THAT HE DULY INFORMED ME THAT HE DID SUBMIT THE APPLICATION WHEN I WAS RETURNING TO NEW YORK.
THAT MY UNCLE DR.ELI YABANI CALLED ME FROM RALEIGH, NORTH CAROLINA THAT A LETTER WAS SENT TO ME FROM THE RALEIGH PUBLIC SCHOOLS AND I DULY INTIMATED TO HIM TO OPEN THE LETTER AND TO READ IT TO ME ON PHONE AND HE DID.
THAT THE GIST OF THE LETTER WAS THAT "MY APPLICATION WAS COMPLETE AND SUCCESSFUL AND TO CALL AN 800 TOLL FREE NUMBER FOR FURTHER INSTRUCTIONS".
THAT I DULY REQUESTED MY UNCLE DR.ELI YABANI TO CALL THE 800 TOLL FREE NUMBER ON MY BEHALF AND HE DID AND HE INFORMED ME THAT THE SAME MESSAGE WAS REPEATED, THERETO.
THAT I WAITED FOR THE APPOINTMENT LETTER BUT TO NO AVAIL AND THAT MY UNCLE DR.ELI YABANI TOLD ME THAT THE WHEREABOUTS OF PASTOR BANI ALSO COULD NOT BE LOCATED AND IT TOOK A LONG TIME BEFORE HE INFORMED ME THAT HE HAD INFORMATION THAT PASTOR BANI WAS IN CONNECTICUT BUT HE HAS NEVER HEARD FROM HIMSELF, THERETO.
THEREFORE, WHEN DR.PROSPER BANI WAS THEN APPOINTED THE CHIEF OF STAFF AT THE FLAGSTAFF HOUSE HE THWARTED EVERY EFFORTS I MADE TO EITHER MEET WITH HIM OR H.E.PRESIDENT JOHN DRAMANI MAHAMA.
THAT EVEN THE REQUEST I DULY MADE TO HIM AFTER THE SUPREME COURT ELECTIONS PETITION CASE TO PURCHASE AN AUCTION CAR UPTIL TODAY I WAS DENIED THE ALLOCATION OF THE AUCTION CAR, THERETO.
THAT THERE WAS A PUBLICATION IN THE MEDIA ONE TIME THAT THERE WAS GOING TO BE AN AUCTION OF CARS/VEHICLES AT CEPS JAMES TOWN OFFICE LOCATION AND I DULY WENT THERE ALSO TURNED OUT TO BE "DECEPTION", THERETO.
THAT WHEN H.E.PRESIDENT JOHN DRAMANI MAHAMA WAS IMMEDIATELY SWORN IN AS THE PRESIDENT OF GHANA BY HER LADYSHIP CHIEF JUSTICE OF GHANA GEORGINA THEODORA WOOD AFTER THE DEMISED OF H.E.THE LATE PRESIDENT PROFESSOR JOHN EVANS ATTA-MILLS FOR THE SAKE OF PEACE AND CONTINUITY I WAS THE PERSON WHO RECOMMENDED HIS EXCELLENCY AND THEN NATIONAL SECURITY COORDINATOR LT.COL.LARRY GBEVLO-LARTEY (RTD) AS FRIENDS AND H.E.DR.MR>PRESIDENT BARACK OBAMA IMMEDIATELY ACCEPTED H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA AND THEN NATIONAL SECURITY COORDINATOR AS FRIENDS, THERETO.
THAT WHEN I RETURNED TO GHANA ON SEPTEMBER 22, 2012 AND ON NOVEMBER 29, 2012 H.E.PRESIDENT JOHN DRAMANI MAHAMA SENT ME THE E-MAIL INVITATION TO HELP HIM SO THAT TOGETHER TO BUILD A BETTER GHANA FOR ALL AND I DULY ACCEPTED THE INVITATION TO HELP AND DULY INFORMED MY FRIEND H.E.DR.MR.PRESIDENT BARACK OBAMA AND ALL OUR FRIENDS THROUGHOUT THE WORLD.
THAT AFTER THE 2012 PRESIDENTIAL ELECTIONS WAS DECLARED THAT I RESPECTFULLY DULY INFORMED H.E.DR.MR.PRESIDENT BARACK OBAMA ABOUT THE ELECTIONS RESULTS AND H.E.DR.MR.PRESIDENT BARACK OBAMA SENT THE CONGRATULATORY MESSAGE TO H.E.PRESIDENT JOHN DRAMANI MAHAMA, THERETO.
THAT EVEN WHEN THE PETITIONERS BROUGHT THE AGAINST THE PRESIDENT JOHN DRAMANI MAHAMA AND OTHERS AT THE SUPREME COURT OF GHANA THAT AGAIN WITH THE HELP OF MY FRIEND MR.CHRISTOPHER KOFI ELEBLU WHO HELPED ME TO PAY THE FILING FEES FOR THE TWO (2) "AMICUS CURIAE BRIEFS" THAT I DULY HELD AT THE SUPREME COURT OF GHANA AND FACED NINE (9) JUSTICES OF THE SUPREME COURT AND LATER FACED ELEVEN (11) JUSTICES OF THE SUPREME COURT OF GHANA DURING THE REVIEW OF THE SUPREME COURT EARLIER RULING OF THE "AMICUS CURIAE BRIEFS" AND HON.MINISTERS AND OTHER POLITICAL APPOINTEES NEVER EVEN STEPPED THERE BUT THEY RATHER ARE BEING SEEN AS THE "SAINTS" AND NONE OF THEM HAVE EVEN DARE TO EVEN FIND OUT WHO IS "BENONY TONY AMEKUDZI, ESQ" AND NEVER EVEN HELPED ME BEFORE ARE NOW SEEN "DECLARING ATTACKS AGAINST MY PERSONAL RELATED HARD WORK AND TOIL".
THAT THE MOTTO OF GHANA ON THE GHANA COAT OF ARM CLEARLY PROVIDES "FREEDOM AND JUSTICE" AND IT SHOULD BE SEEN TO BE MANIFESTLY PROTECTED.
IT IS THEREFORE MY RESPECTFUL AND HUMBLE SUBMISSION THAT HON. MINISTER OF INTERIOR PROSPER BANI, HON.MINISTER OF FINANCE SETH TERKPER, HON.MINISTER OF COMMUNICATIONS DR.OMANE BOAMAH AND OTHERS TO CLEARLY SPEAK OUT AND CLARIFY THE POSITIONS ASSERTED TO ABOVE INCLUDING H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA SINCE THIS IS ONLY "A MERE SUSPICION AND NOT ACCUSATIONS", THERETO.
THAT AT THE SAME TIME, MAY I RESPECTFULLY APOLOGIZE FOR ANY MISCONCEPTIONS THAT THE ABOVE RELATED MATTER MAY OR MIGHT CAUSE TO ANY RELATED PERSON OR PERSONS MENTIONED, THERETO.
RESPECTFULLY SUBMITTED.
GOD BLESS GHANA, AMERICA AND UNITED NATIONS.
VERY TRULY YOURS,
BENONY TONY AMEKUDZI, ESQ.
INTERNATIONAL LAWYER/LEGAL CONSULTANT
CHIEF OF OGYAKROM 9 years ago
SHEEIJE, AIN'T U ASHAME?
SHEEIJE, AIN'T U ASHAME?
OBINNA 9 years ago
GHANA, THE LAND OF IMPUNITY. ANYBODY DOES ANYTHING WITHOUT FEARING THE REACTION OF THE LAW. THE LAWS JUST EXIST ON THE BOOKS. THEY DON'T MEAN ANYTHING.
GHANA, THE LAND OF IMPUNITY. ANYBODY DOES ANYTHING WITHOUT FEARING THE REACTION OF THE LAW. THE LAWS JUST EXIST ON THE BOOKS. THEY DON'T MEAN ANYTHING.
C.Stephen Sackey 9 years ago
How in God's name is going on.?
How in God's name is going on.?
JM 9 years ago
Brainless Bawumia seek to ur party issues first. NDC all the way.
Brainless Bawumia seek to ur party issues first. NDC all the way.
Nana Yaw 9 years ago
Please stay away from this discussion because you have no clue what is being discussed!
Please stay away from this discussion because you have no clue what is being discussed!
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 9 years ago
NPP fucking fools, isn't 12% better than 0% ?
We keep the money with Bank of Ghana, we earn 0% on it, we lend it to someone else, we earn 12%. Even if it is true that we original money we borrowed was at 23%, are we not be ... read full comment
NPP fucking fools, isn't 12% better than 0% ?
We keep the money with Bank of Ghana, we earn 0% on it, we lend it to someone else, we earn 12%. Even if it is true that we original money we borrowed was at 23%, are we not better off earning 12% on it, than earning 0% ? NPP fuo ye jimijimi fuo paa oooo!
Tekper's said, instead of the money sitting in the Bank of Ghana account and earning zero interest (no interest) as time is passing by and Ghana is accruing interest on the principal amount that we borrowed, it was far prudent to but the idle money sitting in the Bank of Ghana account to good use, by transferring it into the bank account of the entity that the said amount was originally allotted to. By so doing, the money will earn some interest. This is better than the zero interest that you NPP fools are rather wanted.
NPP fucking fools are like the proverbial servant that Jesus spoke about in the bible, the one who buried his capital/principal and told his master that he is wicked and returned the money given him without and accrued profit.
DR TRUTH 9 years ago
YOU DONT BORROW MONEY IF YOU HAVE NOTHING TO DO WITH IT. WHY SHOULD YOU BORROW TO INCUR LOSS? IF THE MONEY WAS MEANT FOR PROJECTS SUCH AS ELECTRICITY SUPPLY FOR INDUSTRIAL USE, SUPPORTING GHANAIAN ENTREPRENEAURS, BUSINEESES E ... read full comment
YOU DONT BORROW MONEY IF YOU HAVE NOTHING TO DO WITH IT. WHY SHOULD YOU BORROW TO INCUR LOSS? IF THE MONEY WAS MEANT FOR PROJECTS SUCH AS ELECTRICITY SUPPLY FOR INDUSTRIAL USE, SUPPORTING GHANAIAN ENTREPRENEAURS, BUSINEESES ETC WHICH WILL BOOST GOVT REVENUE IN FORM OF TAXES AS A RESULT OF INCREASE IN ECONOMIC ACTIVITIES IT WOULD HAVE BEEN REASONABLE
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 9 years ago
Go fuck your prostitute mother.
Go fuck your prostitute mother.
K. O. 9 years ago
All NDC Mahama knows is BORROW! even if he DOES NOT have projects for the money. Ghana will be better off paying bills (you owe Nigeria $100 million for gas, kwaaaasea) rather than seek 12% cedi interest.I dont where these st ... read full comment
All NDC Mahama knows is BORROW! even if he DOES NOT have projects for the money. Ghana will be better off paying bills (you owe Nigeria $100 million for gas, kwaaaasea) rather than seek 12% cedi interest.I dont where these stupid voodoo economists come from!!!!
K. OWUSU 9 years ago
TERKPER, the best you could have done is use the "idle" $250 million to defray some of your borrowings that are earning dollar interest!!! Like pay Nigeria $100 million for gas supplies!This will save interest payment in $$ a ... read full comment
TERKPER, the best you could have done is use the "idle" $250 million to defray some of your borrowings that are earning dollar interest!!! Like pay Nigeria $100 million for gas supplies!This will save interest payment in $$ and also gain a fleet of gas supplies. Adding $250 million to the Ghanaian economy right now is very INFLATIONARY!!! It will worsen the dollar-cedi exchange rate in the long run, increase commodity prices, and ultimately devalue the cedi again!!!!!!
K. OWUSU, ATL 9 years ago
Terpker, does UBA have $250 million worth of assets in case of banckruptcy???? you fool? And UBA interest(in cedis) vrs zero BoG interest makes a financial 'genius'. You are so dumb you went for the Eurobond without knowing W ... read full comment
Terpker, does UBA have $250 million worth of assets in case of banckruptcy???? you fool? And UBA interest(in cedis) vrs zero BoG interest makes a financial 'genius'. You are so dumb you went for the Eurobond without knowing WHAT Ghana needed the money for?? NDC IS SLOWLY KILLING MOTHER GHANA!!
PEACE 9 years ago
IT HAPPENED AND IS STILL FRESH IN OUR MEMORIES. AFTER THE REDENOMINATION PROCESS, BAWUNIA TOOK THE MONIES AND RE-DEPOSITED THEM IN HIS OWN ACCOUNT AND THE ACCOUNTS OF HIS CRONIES. EVEN AFTER THE PROCESS, THE OLD MONEY WAS IN ... read full comment
IT HAPPENED AND IS STILL FRESH IN OUR MEMORIES. AFTER THE REDENOMINATION PROCESS, BAWUNIA TOOK THE MONIES AND RE-DEPOSITED THEM IN HIS OWN ACCOUNT AND THE ACCOUNTS OF HIS CRONIES. EVEN AFTER THE PROCESS, THE OLD MONEY WAS IN CIRCULATION IN SOME REGIONS. WHY SHOULD BAWUNIA NOT RESIGNED? ALSO, SOME SERIAL NUMBERS OF THE NEW CURRENCY GOT MISSING ONLY TO SURFACE AFTERWARDS. ROKO FROM KUMASI, AN MD IN GCB LOST HIS LIFE WHEN HE DECIDED TO CALL A PRESS CONFERENCE TO EXPOSE THAT. I THINK THOSE CASES SHOULD BE INVESTIGATED. BAWUNIA SHOULD BE ARRESTED ONE DAY TO ACCOUNT FOR ALL THOSE MONIES. WHY IS HE PRETENDING TO BE IMPECCABLE?
KOFI JATA 9 years ago
STUPID FOOL RUNNING THE NATION DOWN
STUPID FOOL RUNNING THE NATION DOWN
lankwei 9 years ago
Assuming he has not violated the law, what was the rationale for transferring the money a private bank?
Assuming he has not violated the law, what was the rationale for transferring the money a private bank?
You better resign
1 billion Eurobond which was borrowed at an interest rate of 10.75% to a private bank. The private bank, (UBA) in turn used these funds to purchase treasury bills, i.e. lent to government at an interest rate of more than 20%. ...
read full comment
DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there ...
read full comment
BAWUMIA IS A PROPHET! WATCH HIS WORDS! ! HE SAYS RESIGN AND GO, SO YOU BETTER LISTEN AND JUST GO!!!
Yeah! preach along like Bawumia has been falsely propagating without evidence in sight.
You are soo silly to say without evidence
Did you hear the finance minister denying the issue?
Hey fool, read what is reported here by the Finance Minister, Seth Terkper and that of Bawumia and know the difference, buulu.
TEKPER TRYING TO SHIFT BLAME ON HIS LEGAL ADVISORS RATHER THAN ACCEPTING FULL RESPONSIBILITY. NO GOVERNMENT FUNDS IS KEPT IN A PRIVATE BANK IN THE GOVERNMENT COUNTRY ANYWHERE IN THE WORLD. IT IS AN ACT TO LOOT AND LAUNDER STA ...
read full comment
First Bawumia said the finance minister was hiding the money for it to be used as campaign funds, now that he has been exposed as a liar, he has the nerve to call for Terkper's resignition.
Did he get a doctorate in lies?
He has sold his conscience and credibility to “Kukurudu yahoolism,” that's all.
Hahahahahaha...........my stomach ooo Dusty Philosopher!
HAHAHA,SO DON'T YOU KNOW THE STUPIDITIES OF THIS NDC BOOT LICKER CALLED DIRTY PHILISOPHER?.HE IS BLIND AND DUMMY LIKE CORNEY AND ABEEKU MENSAH.I DON'T KNOW WHAT TYPE OF DRUG THEY USE.
DR. BAWUMIA... The Doctor of Econmics.
This a typical example of Tekpernomics that ran Ghana down from a middle income country to HIPC in three and a half years. Dead goat as usual is sleeping on the job that is if he understands what he is expected to be doing as ...
read full comment
THIS MAN HAS NOW QUALIFIED TO BE SENT TO NSAWAM PRISON STRAIGHT, AFTER HIS TERM IN OFFICE. HOW CAN SOME PEOPLE BE SOO CALLOUS ?. LOOK AT THE LEVEL OF POVERTY YOUR PEOPLE AT SOMANYA AND OTHER SHAI TOWN AND VILLAGES ARE SUFFERI ...
read full comment
Does Seth Terkper know the relevant portion of the Bank of Ghana Act on which Dr. Bawumia stood on, as the basis for asking for his resignation?
Is Seth Terkper aware of that section 53 of the Bank of Ghana Act?
How does ...
read full comment
TERKPER, JUST GO. IT IS A DIVINE COMMANDMENT FROM THE GREAT PROPHET OF GOD, DR. BAWUMIA. WATCH HIS WORDS! !!!!!!
That is Tekper's Economics.
Two liers in conflict, who will lie most.
Dr Bawumia has no way only propaganda
If the best that Tekper can say for committing this heinous crime to the nation is that "he believes he did not do anything wrong" then the proper channel must be applied to verify whether or not he did wrong.
What Tekper ...
read full comment
The legal use of "hold" Dr. Bawumia is not a literal definition. Bank of Ghana continues to "hold" the $250 million because they continue to be owners of the money and have not seeded ownership; they have invested the money. ...
read full comment
Which do you like, "ANYASASEM" or " ABROFOSEM "?
Are you saying is a private account. I beg you check your facts and don't continue to spread lies.
“We are a country of laws, every Minister of Finance has legal advisors and I take every step after listening to my advisors. So, I believe that I did not break any law and I don’t have any reason to resign,” In English ...
read full comment
The call is this thief to make, to jump or push. He's proven to be irredeemably corrupt so the least he can do it to resign or he will be pushed.
How can you borrowed money that attracts a 10.5% interest, a money that acco ...
read full comment
What do you like, "ANYASASEM" or "ABROFOSEM"?
If I were the FM, I will resign now to avoid going to jail in 2017- This is just my advice for him
This is even not the end of the story. Can Seth Terkper tell Ghanaians if effective the 2014 financial year, he has been transferring the 2.5% of the existing VAT revenue as stated in the Act? What about the 25% of the ABFA t ...
read full comment
Somebody should bring a lawsuit to force this foolish Tekper to resign. NDC is ruling Ghana with impunity and that is dangerous to our democracy. Ghana is lawless!
Doctor inform the STAKEHOLDERS ie the LENDERS AND ALSO THE WESTERN EMBASSIES who can hold the Govt to accunt. It is very srious; MISSuse OF LOANS !!!!
Did I hear Seth TERKPER say he invests NHIA monies to earn interest before paying SERVICES PROVIDERS ??? Wake up Service Providers !!!
So the government deliberately will delay paying service providers for 4 months and ear ...
read full comment
How can we develop with such inept ministers like Terkper in sensitive positions?
Terkper you are going to resign one way or another when the time comes apuuuu
BENONY TONY AMEKUDZI, BARRISTER-AT LAW, QCL, PLC, DPA, CPA, BA (HONS) {GHANA}, MASTER OF LAWS (LLM) {NEW YORK, USA} PENDING, MEMBER, INTERNATIONAL (WORLD/GLOBAL) BAR ASSOCIATION, MEMBER, COMMONWEALTH LAWYERS ASSOCIATION, ASSO ...
read full comment
SHEEIJE, AIN'T U ASHAME?
GHANA, THE LAND OF IMPUNITY. ANYBODY DOES ANYTHING WITHOUT FEARING THE REACTION OF THE LAW. THE LAWS JUST EXIST ON THE BOOKS. THEY DON'T MEAN ANYTHING.
How in God's name is going on.?
Brainless Bawumia seek to ur party issues first. NDC all the way.
Please stay away from this discussion because you have no clue what is being discussed!
NPP fucking fools, isn't 12% better than 0% ?
We keep the money with Bank of Ghana, we earn 0% on it, we lend it to someone else, we earn 12%. Even if it is true that we original money we borrowed was at 23%, are we not be ...
read full comment
YOU DONT BORROW MONEY IF YOU HAVE NOTHING TO DO WITH IT. WHY SHOULD YOU BORROW TO INCUR LOSS? IF THE MONEY WAS MEANT FOR PROJECTS SUCH AS ELECTRICITY SUPPLY FOR INDUSTRIAL USE, SUPPORTING GHANAIAN ENTREPRENEAURS, BUSINEESES E ...
read full comment
Go fuck your prostitute mother.
All NDC Mahama knows is BORROW! even if he DOES NOT have projects for the money. Ghana will be better off paying bills (you owe Nigeria $100 million for gas, kwaaaasea) rather than seek 12% cedi interest.I dont where these st ...
read full comment
TERKPER, the best you could have done is use the "idle" $250 million to defray some of your borrowings that are earning dollar interest!!! Like pay Nigeria $100 million for gas supplies!This will save interest payment in $$ a ...
read full comment
Terpker, does UBA have $250 million worth of assets in case of banckruptcy???? you fool? And UBA interest(in cedis) vrs zero BoG interest makes a financial 'genius'. You are so dumb you went for the Eurobond without knowing W ...
read full comment
IT HAPPENED AND IS STILL FRESH IN OUR MEMORIES. AFTER THE REDENOMINATION PROCESS, BAWUNIA TOOK THE MONIES AND RE-DEPOSITED THEM IN HIS OWN ACCOUNT AND THE ACCOUNTS OF HIS CRONIES. EVEN AFTER THE PROCESS, THE OLD MONEY WAS IN ...
read full comment
STUPID FOOL RUNNING THE NATION DOWN
Assuming he has not violated the law, what was the rationale for transferring the money a private bank?