As a result of recent decisions made on the domestic debt program scheme, Finance Minister Ken Ofori-Atta appears to have angered the majority in Parliament. The fact that the Finance Minister declined to consult them before implementing the domestic debt exchange scheme notwithstanding current events in the legislature has left the leaders of the majority furious and enraged. Osei Kyei-Mensah-Bonsu, the majority leader and minister of parliamentary affairs who opposes the scheme, warns that the middle class may be wiped out and urges the minister to move more cautiously. “What we [are] talking about is that many of these bondholders also…
Author: Insight News
The Economic and Organized Crime Office (EOCO) and its Executive Director, COP Maame Tiwaa Addo-Danquah, have been threatened with legal action by the Chamber of Automobile Dealership Ghana (CHADG), however they have now backtracked on their threats. The used car dealers had threatened to deal with the anti-crime organization for the seizure of some vehicles they thought to be stolen at the time they made the threat. According to the dealers, they were furious at the time. The Federal Bureau of Investigation (FBI), the Royal Canadian Mounted Police (RCMP), and the Economic and Organized Crime Office (EOCO) worked together to…
Alleged Meek Mill’s phone thief given GH¢50,000 bailout – An Accra circuit court has released on bail a 33-year-old scrap dealer who is accused of stealing the phone belonging to American rapper Meek Mill. The bail amount is 15,000 Ghana cedis, and the court requires two sureties. The alleged perpetrator of the theft, Nuhu Sule, is currently on trial before the court presided over by Samuel Bright Acquah. In accordance with the terms of the bail, the sureties have to be members of the public sector. On February 6, 2023, he is scheduled to make another appearance. After the victim,…
The National Cathedral project continues to be the subject of ongoing controversy. This is because additional accusations are being leveled at the project’s managers and the Akufo-Addo administration spearheading it. Bishop Dag Heward-Mills, the founder and head of the Lighthouse Group of Churches, is the recent to add more injuries to the already problems that are not solved. The renowned minister claimed that despite being a trustee and present at all meetings up until his departure, he was not involved in or given access to talks on the project’s financial and technical concerns. The seasoned Bible teacher expressed concern about…
Unfortunately, lying occurs frequently in relationships. The truth is that we’re all occasionally guilty of not telling the whole truth, whether it’s through white lies, outright lies, or lying by omission. But males appear to have a particularly awful reputation for lying to their spouses, with expressions like “men are dogs” and “guys are such liars” frequently heard in our vernacular. How come guys lie? In the end, males lie because they think it will help them protect women (and themselves). He lies most often to keep you satisfied with your idealized perception of him. As strange as it may…
If investments are added to the existing Domestic Debt Exchange Program, the Ghana Individual Bondholders Forum threatens to organize a protest against the government. The Forum claims that this will be one of several actions they plan to take to guarantee the security of their investments. Martin Kpebu disclosed this on Joy FM’s Super Morning Show on Monday, January 16. “There is going to be a demonstration, a gargantuan one. We actually have instructions to write to Regional Police Command about this demonstration,” he said. Mr. Kpebu continued by saying that the Ghana Individual Bondholders Forum has information to the…
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has describe the response from the Executive Director of the National Cathedral Secretariat, Dr. Paul Opoku Mensah to his earlier expose as “furiating juvenile lies”. According to lawmaker, the response from the Secretariat confirms indeed, Rev. Victor Kusi Boateng is the same as Kwabena Adu Gyamfi despite the different dates of birth, different TINs and multiple addresses. This comes after Secretariat in a statement explained that the GH₵2.6 million was a refund to JNS talent and not an amount illegally paid to the company. “As a normal verification – expected…
Prior to the 2024 election, the two major political parties, the ruling New Patriotic Party (NPP) and the opposition National Democratic Congress (NDC), have started separate negotiations to settle differences between their respective memberships. Following their hotly contested internal elections, the leadership of both parties has decided to take this action to ensure peace and unity. Leading the attempts for reconciliation inside their respective parties are the National Chairmen of the two largest political parties, Stephen Ayensu Ntim of the NPP and Johnson Asiedu Nketiah of the NDC. Last Sunday, Mr. Ntim began the reconciliation process for the ruling party…
Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu, has requested that the Commission on Human Rights and Administrative Justice (CHRAJ) look into allegations of conflict of interest, the use of multiple identities, and other alleged criminal activity against Reverend Victor Kusi-Boateng, the secretary of the National Cathedral Board of Trustees. The petition, which the two Deputy Commissioners of CHRAJ received yesterday, January 16, 2023 further stated that Rev. Kusi-Bateng, under his other name, Kwabena Adu Gyamfi, received money worth GH2.6 million from the National Cathedral Secretariat to JNS Talent Centre Limited for no work done. The petition sought…
The transfer of Vodafone International Holdings B.V.’s 70% ownership stake in Ghana Telecommunications Company Limited (Vodafone Ghana) to Telecel Group has received conditional permission from the National Communications Authority (NCA). This is dependent on the seller making certain adjustments and the buyer giving the NCA certain assurances. The NCA confirmed the amended buyer proposal in a statement. “The NCA found the revised proposals provided more clarity and certainty in terms of the funding required for the acquisition and the commitments from both the Seller and the Buyer. In addition, the buyer has strengthened the overall governance and management team and…