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Tag Archives: LOOT

What new scheme of loot and squander are you brewing? – Ablakwa raises alarm over GHC1.4bn Contingency Vault allocation

Opposition Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has raised concerns about the government’s decision to allocate GHC1.4 billion into the contingency vault in the 2023 budget. Sharing details of the budget in a Facebook post, the MP said the allocation is significantly higher compared to the GHC 9093 …

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Thieves must cough up loot – Kofi Bentil defends state use of ‘settlement’ in Ato Essien case

Kofi Bentil, Senior Vice President of IMANI Africa, has defended the state’s resort to entering a settlement with founder of Capital Bank, William Ato Essien, in the matter of the collapse of the bank. Bentil holds that Section 35 of the Courts Act that deals with settlement between the state …

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Abacha $5bn Loot: Family coughs out $1.9bn, see list of other recoveries in the last 24 years

The government of the United States has signed an agreement to repatriate $23 million looted by the former military ruler of Nigeria, General Sani Abacha. This was disclosed by Attorney General, Abubakar Malami at the signing of the agreement in Abuja. He said the stolen funds which are tagged ‘Abacha-5’ …

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‘Loot and share’ judgment debts sad – Kofi Bentil

“The thought that some Judgment debts are a ploy to loot the State and share is so sad but founded,” Senior Vice President of IMANI Africa, Kofi Bentil, has bemoaned in a Facebook post. His comment comes after Chinese company Beijing Everyway, filed a lawsuit against the Government of Ghana …

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