Ghana Life gives 100 million cedis to Ghana@50

Accra, March 4, GNA - Ghana Life Insurance Company Limited (GLIC) on Friday presented a cheque for 100 million cedis to the Ghana@50 Secretariat.

Alhaji Ben Ahmed, Chairman and Principal Counsellor of the Company, said they felt privileged to make a token contribution to the Secretariat for the 50th anniversary celebration.

Barclays Bank Ghana Limited also presented a cheque for three billion cedis with Mr Clifton J. Best, Chief Operating Officer of the Bank, saying the money was meant for a number of Ghana@50 activities, with 200 million cedis being earmarked for the Secretariat directly. The activities are Golden Homecoming Summit (250 million cedis), Ghana Investment Forum (1.12 billion cedis), enhancement of primary level education (610 million cedis) and ICT education in secondary schools (820 million cedis).

Dr Charles Wereko-Brobby, Chief Executive of Ghana@50, said none of the projects listed were initiatives of the Secretariat.

He said such acts by corporate organizations created the erroneous impression about how much money the Secretariat actually received. "We will not allow any company to use the secretariat to promote themselves at the expense of the integrity of the secretariat. "It is important for the right picture to be painted in the press so that nobody will come after us to account for three billion cedis when in fact we received only 200 million cedis from Barclays," he said.