November 11, 2017


Former Deputy Minister of Education in charge of tertiary, Samuel Okudzeto Ablakwa said getting the Board of Agriculture Development Bank (ADB) in place will help stop the necessary political interference from government.

He was speaking on Accra base private radio station, Joy FM’s new file over the weekend.
According to the North Tongu legislature, the Minority has been speaking to other significant shareholders of ADB, government claims the MD of ADB wrote to ask to grant approval to their client Mc Dan a loan facility.

“I can submit to you today that, that information given out by government is not true we have done our checks”, he said.

He challenged government to provide evidence of a single letter, written to any significant shareholder asking for approval.

Again, I can confirm to you that shareholders had, requested that a Board of ADB be formed to put an end to abuse by politicians approving loans, he said.

“Do you know how many other clients of ADB who are waiting for their loans request to be approved?”
The Minority has accused Finance Minister, Ken Ofori Atta of breaching the procurement Act when he awarded a GHs10m COCOBOD contract to a private businessman.

Again they revealed that, contract given to McDan Shipping Company Limited, did not pass through the Central Tender Review committee.

By: Kwaku Sakyi-Danso/