In January 2017, President Nana Addo Dankwa Akufo-Addo declared his assets some days after being sworn into power in line with the constitutional requirement stipulated in Act 550 of the 1992 Republican Constitution. Exactly two weeks after his inauguration on January 7, he declared his assets on the 27th of January …
Read More »Roman Abramovich: Chelsea owner’s assets should be seized- Labour MP tells government
Chelsea owner and Russian-Israeli billionaire Roman Abramovich should have his assets seized, an MP has told the government. Speaking in the House of Commons, Labour MP Chris Bryant said he had a leaked Home Office document which suggested Abramovich should not be allowed to be based in the UK. It …
Read More »Ghana may be selling its gold assets short
Ghana’s capital-raising wheeze is a smart idea flawed by dubious assumptions and numbers. The country is parcelling up royalties from its gold mines into a Jersey-incorporated company called Agyapa. The government will then sell half of this on the London stock exchange for a proposed $US500 million ($701 million). Rationally, …
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