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Business News of Wednesday, 2 November 2022

Source: www.ghanaweb.com

Akufo-Addo’s daughter denies receiving a $25 million contract from government

Gyankroma Akufo-Addo Gyankroma Akufo-Addo

The daughter of President Akufo-Addo, Gyankroma Akufo-Addo, has refuted claims that she received $25 million to paint some parts of the capital. According to her, the project was solely funded by the Creative Arts Agency. “For the avoidance of any doubt, it is important to state that these projects were solely conceived, managed, and financially undertaken by The Creative Arts Agency, through its own fundraising activities,” a statement by the agency noted. The statement added that the project was not a profit-making venture, as has been reported on social media. “It is a complete fabrication being propagated by some shameless persons, and which, unfortunately, has been published by sections of the media. This project was not embarked upon to make a profit, and there have been no lucrative contracts awarded for it,” it added. Per details on the website of the Creative Arts Council's website, cac.gov.gh, Gyankroma Akufo-Addo is the Director of the council. Below is the full statement by Gyankoma Akufo-Addo: CREATIVE ARTS AGENCY In August 2018, Art for All was conceived. Its purpose was to beautify our capital city of Accra, to give a platform to our Ghanaian artists, to build art appreciation for its audience, and to serve as beautiful backdrops for videos, or photoshoots and be a tourist attraction. Each site had a six-week workshop process to identify themes, locations, and artists. Each site was paid for with funds largely from the private sector, sourced solely by the Creative Arts Agency. No contract to paint a succession of bridges or underpasses has either been conceived, has ever been offered, or has ever been accepted. Indeed, any tender or contract awarded for such a project would have been made public. For the avoidance of any doubt, it is important to state that these projects were solely conceived, managed, and financially undertaken by The Creative Arts Agency, through its own fundraising activities. Site 1, Ako Adjei, was funded by the private sector. Site 2, Tetteh Quarshie, was paid for by myself, Gyankroma Akufo-Addo. Site 3, was completed through the generosity of the creatively minded Ben Asante, CEO of Ghana Gas, who understands its social community importance. The paint used for each site, again, was provided by Coral Paints and its CEO, who understand the importance of pushing the visibility of Ghanaian artists. The absurdity of $25 million, or any amount for that matter, being awarded to myself to undertake this project is a disgusting narrative. It is a complete fabrication being propagated by some shameless persons, and which, unfortunately, has been published by sections of the media. This project was not embarked upon to make a profit, and there have been no lucrative contracts awarded for it. All efforts to undermine my credibility through the publication of these falsehoods and baseless lies will not wash. I have instructed my lawyer to seek redress in the law courts against persons and media houses that published these falsehoods with the sole intention of destroying my reputation. Watch the latest episode of BizTech below: SSD/BOG