Since assuming office in 2017, our Finance Minister,Mr Ken Ofori-Atta, has used various schemes and strategies to enrich and empower his financial empire and impoverish other companies seen as his competitors or not aligned to his party, the New Patriotic Party.It started with the granting of juicy state contracts to his firm, Databank at the […]
Tag: Ken Ofori Atta
Breaking News: Speaker of Parliament, Freddie Blay, John Boadu and Ken Ofori-Atta made Board Members of Danquah Institute
Pro-ruling New Patriotic Party (NPP) Think-tank, Danquah Institute (DI) has assembled the most powerful Board in the history of the country with an unprecedented eighteen (18) big names. Information picked by BestNewsGH.com indicates that the Speaker of Parliament, Prof. Aaron Mike Oquaye has been made the chairman of the Board of the Think-tank, which is […]
Opinion: Rate of borrowing making rebased GDP a fiscal nightmare and almost a curse-Isaac Adongo
In September 2018, the Ghana Statistical Service completed its survey and analysis to determine the true income of the country as contributed by all the sectors of the economy. In the process, they concluded that about GH¢49.8 billion of our incomes had not been properly captured in our GDP. This meant that about 24.6% of […]
John Mahama ‘corners’ Ken Ofori-Atta at Yaa Naa investiture in Yendi
Former President John Dramani Mahama and Minister for Finance Ken Ofori-Atta who sat next to each other at the outdooring of the new Yaa Naa, Abubari Mahama were spotted giggling and chit-chatting most of the time as the event progressed. This is a clear departure from the rancor and acrimony, laced with name calling that […]
Ex-UT, Capital Bank staff begs BoG for 50 percent discount on loans they took while working with the banks
Workers of erstwhile Capital Bank and UT Bank are appealing to the Bank of Ghana (BoG) to, at least, offer them a 50% discount on the loans they took while working with their respective banks. Their appeal follows information from the Joint Receivers indicating that their exit pay will be paid without any discount on […]
Menzgold would have been resolved in 2017 if you had continued from where I left off-Dr. Johnson Asiama to gov’t
Former 2nd deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has indicated that should government had followed up on engagements and correspondents he had had with now distressed gold trading for Menzgold, the issue would have been resolved by the end of 2017. According to him, he had engaged the leadership and management […]
Details: Dr. Johnson Asiama on his involvement in Menzgold and how he was asked to resign as 2nd deputy BoG governor
RE: RECKLESS STATEMENTS BY MR. OMARIE WAADIE, 3RD NATIONAL VICE CHAIRMAN OF NPP ON JOY NEWS LINKING ME, JOHNSON P. ASIAMA (DR.) TO THE MENZGOLD ISSUE My attention has just been drawn to a panel discussion that took place on JoyNews Live at around 18:30hrs today (January 16, 2019). In the said discussion, Mr. Omarie […]
Ghana’s banking sector reforms from another perspective- Michael Osei Owusu (Senior Banker)
Last week the statutory regulator of the banking sector, the Bank of Ghana closed down two additional universal banks and announced 23 banks as fit for operating in the country. Michael Osei Owusu (Senior Banker) discusses the counterfactual and examines whether it was necessary to scale up the minimum capital requirement to GHC400 million. Specifically, […]
Prosecute Ken Ofori-Atta, Dr Ernest Addisson and Rev. Ogbamey Tetteh-Isaac Adongo to EOCO
I wish to call on the Economic and Organized Crime Office (EOCO) to investigate and prosecute Hon Ken Ofori Atta, Minister of Finance, Dr. E. Y. Addison, Governor of Bank of Ghana and Rev. Ogbamey Tetteh, Director General of the Securities and Exchange Commission (SEC) for their various and joint roles in inciting panic withdrawals […]
Former UT/Capital banks staff still unpaid a year plus after they were laid off
By Selorm GBORBIDZI, Accra Despite assurances by the Minister of Finance, Ken Ofori-Atta that workers of the now defunct UT and Capital Banks would be paid, the workers are still yet to receive their benefits. The workers, who number about 1200, in a press statement signed by the their representatives Phillip Yawson and Raymond Addai […]
Exactly 2 years of NPP in government, rebounded economy, reduced tariffs, taxes, budget deficits and improved international reserves
In the last two years, the President and his dependable Vice President have worked so hard to fulfill many of the promises they made to the Ghanaian people. The facts from various sectors of the economy confirm this conclusion. The economy under President Akufo-Addo has witnessed significant growth in all sectors. Ghana in 2017 recorded […]
Eva Mends was rather promoted and not fired-Finance Ministry clarifies
The Ministry of Finance has rebutted media reports that the Eva Mends, the immediate past Director of Budget at the Ministry has been kicked out from her position. News was rife during the week about the removal from office of Madam Mends who is said to be one of the wives of the late ruling […]