News
Attorney general outlines alleged Exim Bank fraud involving Wontumi Farms
The Attorney General, Dominic Ayine, has disclosed that investigations have uncovered what he described as clear acts of fraud involving Chairman Wontumi and his company, Wontumi Farms Limited, in relation to a loan obtained from the Ghana Exim Bank.
Speaking at the Government Accountability Series, he explained that Chairman Wontumi and the company made false claims to the bank in order to secure a loan facility, which they eventually obtained.
According to him, the company claimed the funds were to be used to purchase farming equipment, but investigations showed that the equipment was never bought.
He noted that the farming project itself never took off and, as a result, no young people were employed at Asare Nkwatia as earlier promised.
He stressed that beyond the failure to execute the project, investigators found that the company and its director and chief executive officer forged a receipt to mislead Exim Bank into believing that the loan conditions had been met.
He pointed out that these actions went beyond simple breaches of a loan agreement and amounted to criminal conduct, particularly given that the alleged acts involved a regional chairman of the then ruling party.
He explained that based on the evidence gathered by the Economic and Organised Crime Office, a decision has been taken to prosecute Wontumi Farms Limited and its directors.
According to him, the charges will include defrauding by false pretences, forgery and causing financial loss to the state, involving an amount of GH₵24,255,735.
He clarified that the figure represents the principal loan sum together with the interest accrued.
By: Jacob Aggrey
The family of Ambassador James Victor Gbeho, a distinguished statesman and diplomat, has paid a courtesy call on President John Dramani Mahama. They officially informed him of his passing.
The delegation, representing the Gbeho family, noted that it was culturally and diplomatically important to formally notify the President of the loss before making a public announcement of his death.
Ambassador Gbeho was a towering figure in Ghanaian and international politics. He served in many diplomatic missions, including New York. He was Ghana’s Minister for Foreign Affairs, a Member of Parliament for the Anlo constituency, and President (formerly Executive Secretary) of the ECOWAS Commission.
He was widely respected for his role in regional integration and his contributions to global diplomacy at the United Nations.
President Mahama expressed his condolences and shared reflections on Ambassador Gbeho’s contributions to the country, West Africa and the world.
Funeral details will be announced later.
The Minister for the Interior, Muntaka Mohammed-Mubarak, has revoked all firearm permits in Ghana with immediate effect and announced a new registration process for all gun owners.
The minister made the announcement on Tuesday, June 23, at the information service department saying all individuals who currently hold licences to own firearms or sidearms must undergo a fresh registration process.
“From this afternoon, all permits that have been granted to any individual that you are holding a sidearm or firearm is hereby revoked,” Mr Muntaka said.
He explained that the government had identified gaps in the country’s firearm registration system and needed to introduce stricter measures to improve public safety.
“We are opening the window where everyone will have to come forward again to register or re-register the gun because we’ve changed the procedure,” he stated.
According to him, the government decided not to wait until the end of the year to make the changes because lives could still be saved within the next six months.
The Interior Minister said one of the new requirements would be mandatory mental health screening for applicants seeking firearm licences.
“We’ve seen that people with mental health have already gone through and have the sidearm. Now we are introducing mental health. Before we give you the sidearm, we have to be sure that you have the mental stability to hold the firearms,” he said.
Mr Muntaka also announced that applicants would be required to undergo drug tests before being granted licences.
“We’ve also realised that people who are on drugs are also holding their arms and they are legitimate because it’s been registered. Now you have to go through drug tests to be sure that you are not on drugs before you can hold sidearms,” he added.
The minister said the new measures form part of efforts by the government to tighten firearm control and prevent legally registered weapons from falling into the wrong hands.
He urged all firearm owners to cooperate with the new registration process once details of the exercise are announced.
By: Jacob Aggrey
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