Politics

Annoh-Dompreh is unaware of the gravity of NIB’s troubles – Isaac Adongo

Published

7 months ago

October 26, 2023

Majesty

In response, Isaac Adongo, Ranking Member of Parliament's Finance Committee, remarked on Eyewitness News on Citi FM, "We want people who believe they understand the issues, have command of the issues, and have something to offer on the table." We presented NIB with extremely specific answers. He (Annoh-Dompreh) did not propose a single remedy during his discourse. So, who is politicising the problem between us and him? He confesses that, since 2017, NIB has failed to publish the mandatory audited financial reports. That is the biggest red signal that anyone with even a passing knowledge of finance would be concerned about, and if I were the CEO of NIB, I would be silent. Annoh-Dompreh isn't aware of the gravity of the situation."

The Minority Caucus in Parliament has slammed Majority Chief Whip Frank Annoh-Dompreh for his comments on the National Investment Bank’s (NIB) problems.

Annoh-Dompreh had toned down the Minority’s plea for the government to reorganise the failing bank in order to keep it from being liquidated.

The Majority Chief Whip had requested that the Minority refrain from politicising the matter and instead encourage the government to recapitalize the bank.

Speaking to journalists in Accra on Wednesday, the Majority Chief Whip, Frank Annoh-Dompreh, said, “What the government should be encouraged and urged to do is to help in the recapitalization but not to run down the bank. So, our colleagues in the Minority should stop this politicization of all matters, especially matters related to the financial sector.”

“If they don’t have the facts, they should just be patient, investigate, and get the facts before they come out.”

In response, Isaac Adongo, Ranking Member of Parliament’s Finance Committee, remarked on Eyewitness News on Citi FM, “We want people who believe they understand the issues, have command of the issues, and have something to offer on the table.” We presented NIB with extremely specific answers. He (Annoh-Dompreh) did not propose a single remedy during his discourse. So, who is politicising the problem between us and him? He confesses that, since 2017, NIB has failed to publish the mandatory audited financial reports. That is the biggest red signal that anyone with even a passing knowledge of finance would be concerned about, and if I were the CEO of NIB, I would be silent. Annoh-Dompreh isn’t aware of the gravity of the situation.”

“The NIB has outsourced its treasury function to a brokerage firm, in which they share a profit of 60% to the brokerage firm and 40% to NIB when NIB has a full-fledged treasury department headed by a general manager…This is not an easy matter. This is a technical financial subject, and we shouldn’t be allowing people who just come and speak English to be discussing technical matters that are beyond them.”

Politics

Limited voter registration: Resolve all difficulties to ensure seamless procedure – NPP to EC

Published

20 hours ago

May 8, 2024

Majesty

“Today is day one and it is expected that all those who are of age, the EC must come clear to us and let us know what is really happening. I mean, as I said, we can’t work out this situation where people have moved from their homes to registration centres only to be treated in this manner. “It is the reason I am saying that the EC must walk the talk and let us know what the challenges are.”

The New Patriotic Party (NPP) has encouraged the Electoral Commission (EC) to resolve the issues raised on the first day of the restricted voter registration drive.

The NPP voiced fear that unsolved flaws might result in voting disenfranchisement if not addressed.

On the first day of the 21-day voter registration process, there were reports of equipment failures and network issues around the country.

Evans Nimako, Director of Elections and Research for the NPP, stated that the EC must do what is appropriate to guarantee that all eligible voters are registered at the conclusion of the process.

“Today is day one and it is expected that all those who are of age, the EC must come clear to us and let us know what is really happening. I mean, as I said, we can’t work out this situation where people have moved from their homes to registration centres only to be treated in this manner.

“It is the reason I am saying that the EC must walk the talk and let us know what the challenges are.”

Politics

I have trust in Bawumia to continue my excellent works – Akufo-Addo

Published

21 hours ago

May 8, 2024

Majesty

He cautioned that choosing John Dramani Mahama as the National Democratic Congress (NDC) flagbearer will imperil his administration's achievements. "Also, after the voting period ends, our task is straightforward. The person I vanquished is dissatisfied with my efforts, thus I cannot hand up authority to them. "He will destroy everything we have done when he comes," he lamented. President Akufo-Addo urged Ghanaians to vote in large numbers for Dr. Bawumia in order to solidify his accomplishments in government. "I implore you to vote for the person with whom I have worked for the past seven and a half years. "I have faith in him, and I know he will come and finish the work I have started," he concluded.

President Nana Addo Dankwa Akufo-Addo has urged Ghanaians to vote for Dr Mahamudu Bawumia in the December elections.

He expressed confidence that Dr Bawumia would continue the good job that was begun during his government.

Speaking at a brief rally in Doboro, Eastern Region, after visiting Blue Skies Limited, President Akufo-Addo stated that his Vice President is the best choice to replace him.

He cautioned that choosing John Dramani Mahama as the National Democratic Congress (NDC) flagbearer would imperil his administration’s achievements.

“Also, after the voting period ends, our task is straightforward. The person I vanquished is dissatisfied with my efforts, thus I cannot hand up authority to them. “He will destroy everything we have done when he comes,” he lamented.

President Akufo-Addo urged Ghanaians to vote in large numbers for Dr Bawumia in order to solidify his accomplishments in government.

“I implore you to vote for the person with whom I have worked for the past seven and a half years. “I have faith in him, and I know he will come and finish the work I have started,” he concluded.

Politics

Tina Mensah blames former MCE Patrick Kumor’s death on Akufo Addo

Published

2 days ago

May 7, 2024

Majesty

"My late MCE did nothing to earn his dismissal; the only error he made was to back me, and I lost the primaries. "How can someone who been named the number one MCE at the national and regional levels be fired? He got various honours for his efforts as MCE. He was replaced without consulting me," she allegedly told Accra-based Onua TV/FM while visiting the grieving family to express her condolences.

Tina Ayele Mensah, a Weija-Gbawe Member of Parliament (MP), has conveyed her condolences on the tragic death of Patrick Kumor, the former Municipal Chief Executive (MCE).

Madam Mensah has ascribed Mr Kumor’s death to his removal from government in February 2024, which she says was not the wisest decision.

The MP said that the dead backed her re-election in the New Patriotic Party (NPP) parliamentary primaries.

“My late MCE did nothing to earn his dismissal; the only error he made was to back me, and I lost the primaries.

“How can someone who has been named the number one MCE at the national and regional levels be fired? He got various honours for his efforts as MCE. He was replaced without consulting me,” she allegedly told Accra-based Onua TV/FM while visiting the grieving family to express her condolences.

According to the member, Mr Kumor was unable to endure the news and recover from the shock.

“Patrick isn’t as powerful as me. I don’t mind if you fire me; but, Patrick is not like me. Patrick couldn’t stop thinking about his bag, and his blood pressure continued to rise. “‘Afei se asa’ (it is finished), Patrick is gone,” she stated.