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ADB board has hurriedly approved a controversial electronic servicing agreement valued at Ghc12 million—Ablakwa 

December 27, 2024
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Chairman of the Operation Recover All Loot Committee (ORAL) and Member of Parliament for North Tongue, Samuel Okudzeto Ablakwa, has alleged that he has intercepted memos revealing last-minute contract approvals and rushed payments ahead of the January 7, 2025, government transition.

He slammed the government, describing this as “reckless and unpatriotic” behaviour by officials in the outgoing Akufo-Addo/Bawumia administration.

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Sharing the news on his official Facebook page, Mr. Ablakwa indicated that the Agricultural Development Bank (ADB) board allegedly approved an electronic servicing agreement worth $750,000 (approximately GHS12 million) three days ago.

He disclosed that the contract was awarded to Virtual Security Africa.

According to the deal, it has stirred controversy within the bank as negotiations with the vendor remain incomplete and the agreement is still in draft form.

He further alleged that ADB is under intense political pressure to make full payment by December 27, 2024, despite the deal not undergoing standard auditing procedures.

“Top ADB insiders are shocked at the Board’s decision,” he wrote, stating that the rushed process disregards due diligence and undermines accountability.

He stated that all those involved in or who helped in approving the “dubious transactions” will face repercussions under the incoming administration. “For God and Country. Ghana First,” he added.

Below is the full post

Intercepted memos continue to expose reckless and unpatriotic officials of the Akufo-Addo/Bawumia government for awarding sleazy midnight contracts and insisting on full payments before January 7, 2025.

The Board of the Agricultural Development Bank (ADB) met 3 days ago and hurriedly approved a controversial electronic servicing agreement valued at US$750,000.00 (GHS12million).

Deep throat sources at ADB tell me they are under extreme political pressure to effect full payment by tomorrow the 27th of December, 2024.

Top ADB insiders are shocked at the Board’s decision because apart from this deal not going through the audit department, negotiations with the vendor, Virtual Security Africa have not been concluded, particularly as the main agreement is still in draft form.

The mad rush for midnight contracts and payments have reached uncontrollable levels despite a clear caution from the President-elect’s Transition Team — a caution consistent with what the NPP demanded in 2016.

Fortunately, we have intercepted a considerable number of these internal memos on these dubious transactions and the public officials who succumb to unlawful political pressure and effect payments will have themselves to blame after January 7, 2025.

For God and Country.

Ghana First.

By: Rainbowradioonline.com/Ghana

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