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GHS139.9 million BoG guest house project was part of 2020 election profligate and vulgar spending spree – Ablakwa reveals

January 16, 2024
Samuel-Okudzeto-Ablakwa (1)

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has released another document alleging that prior to the 2020 general elections, the government went on a profligate and vulgar spending spree on fantasy projects during the 2020 electioneering campaign.

He said that although Ghana was faced with challenges and central banks across the world put in measures to mitigate the adverse economic challenges, Ghana’s central bank made the construction of a 50-bed guest house in Tamale a priority.

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He noted that the project was also solely sourced at a cost of GHS139.9 million to De Simone Limited.

He slammed the president for promising to deal with source spurcing under his leadership, but he has done the opposite of what Wagtabhe promised Ghanaians.

“Remember that in opposition, the Akufo-Addo/Bawumia ticket condemned single source procurements and argued that it was a veritable conduit for corruption.

Without principle and scruples, they are now the all-time champions of grand single source procurements.

It is most instructive to note that payments for other infamous wasteful Akufo-Addo-legacy projects such as the US$450million National Cathedral fiasco and the US$222.7million BoG Head Office all commenced during the electioneering campaign of 2020.”

Read his full statement below

We all have to be extra vigilant this election year.

Newly obtained documents I am poring over reveal how the Akufo-Addo/Bawumia government went on a profligate and vulgar spending spree on fantasy projects during the 2020 electioneering campaign.

Consider this classic example (as attached) of how during the 2020 elections, and at the peak of COVID-19 when other central banks across the world were focused on monetary policy interventions to mitigate the adverse economic impact of covid, our Addison-led central bank shockingly made the construction of a 50-bed guest house in Tamale a priority.

Even more puzzling, they single sourced the lavish guest house project at a staggering cost of GHS139.9million to De Simone Limited.

The fresh documents in my possession show that Dr. Addison appears to have a hooliganistic appetite for single-source and restricted tendering so much so that NONE of the procurements under his watch have been competitive.

The venerable Togbe Afede XIV was obviously right when he wrote in his latest op-ed that the BoG has failed us. 

Remember that in opposition, the Akufo-Addo/Bawumia ticket condemned single source procurements and argued that it was a veritable conduit for corruption.

Without principle and scruples, they are now the all-time champions of grand single source procurements.

It is most instructive to note that payments for other infamous wasteful Akufo-Addo-legacy projects such as the US$450million National Cathedral fiasco and the US$222.7million BoG Head Office all commenced during the electioneering campaign of 2020.

The Akufo-Addo/Bawumia single-source-procurement-regime will be planning similar “lootocratic” schemes ahead of the December 7 elections — it is our patriotic duty to stop them in their tracks.

May God help us.

For God and Country.

Ghana First 🇬🇭

By: Rainbowradioonline.com/Ghana

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