This video from Asempa 94.7 FM features a debate on the Bank of Ghana's 2025 financial losses, where the Minority Caucus challenges the official 15.6 billion Ghana Cedis loss figure by presenting audited accounts showing a comprehensive loss of 34.9 billion Ghana Cedis, highlighting discrepancies in how financial losses are calculated and reported by central banks, and raising questions about government accountability and transparency in managing national financial institutions.
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EKOSIISEN ON ASEMPA 94.7 FM |05-05-26|Ajouté :
I was my Oh, I mean, honorable minister in charge of works and housing, member of parliament for Count your authoritative presentations.
the entire production team. You've held your thought media outlet as a media platform.
It's a privilege to appear on this platform and for and on behalf of the minority caucus entire having extended a hand of invitations.
openness. I think that this shouldn't be a problem at all. It mid itself should come out. Yes.
>> Yeah.
Indigenous Ghanaians only maybe X percent Y percentage and I think that should settle this matter.
>> Honorable, it's always a pleasure talking to you. That's a powerful for your time. That's it.
production team.
Congratulations once again in the radio program for the year. Yeah.
We appreciate everything you also do for us.
for the support and everything used to line I say that's we have to understand the word.
Mhm.
He's still reasoning for so much fire.
I bring Because one region Simple FM radio.
Mhm.
Yes.
Oh, for Western my Mayana lawyer Jerry Ahmed Shah we wish you very well. All right. We wish you very well.
>> We a very smart guy. I I I I told you that my driver listens to your station both. Everybody knows it's called Steen.
Let me just use this platform to to say hello to you. I think he wants to hear your voice. So maybe you have to greet him. It's called Steen. Steven network.
Network.
Network.
network with this report because I mean the conversation the narrative around it and it's a yeah there is some kind of subtle admission laws but there are results to show for the loss really worried what officially I've not seen the report but at least from press conference 15 billion good so you see what you are doing is that you are repeating the NDC political party narrative 15 billion but there's some good to show >> and in fact it's not just you recruit recruit a lot of um well I'm I mean I'm not saying they have recruited but recruiting a lot of people you know some pretending neutral some pretend to be repeating the same line when they met the content creators it wasn't about that one but they feel the need to explain the reason for which 15 billion billion is because that is a propaganda they want to put But the truth and that's why we did the press conference and draw was that when you download the accounts and you go into it the loss is nothing less than 35 billion Ghana cities >> and 35 nothing less than 35 4 billion Ghana cities I've gotten forwarding soft copy I don't know say 136 pages >> 136 pages that is the one we downloaded from the bank of Ghana website >> okay so be withdraw we have the first one so you can always um come back to it >> now let me take you to page five page five of the accounts okay page five Yeah.
Headline.
First of all, there's the bank and then there's the group. The bank is made up of the bank and some substitutions.
Okay.
Headline is from this side. Okay. in the group headline for 2025.287.911 billion.
Read the next line. The next line transfer to general reserve fund.
>> Transfer to general reserve fund >> and also 2025 14.982.
Mhm.
>> 578 billion leaving a balance to be carried forward on retained earnings of 647.544 million. Okay. For 2025. Okay.
Soft copy. Mhm. Let me take you to page um page 16 of the central bank. Okay. Page 16 highlight top line first line. Okay.
>> And here and the headline. Yeah.
Headline loss loss for the year. Good.
In 2025 3000.513 billion >> Ghana cities. For is it the bank or the group?
>> For the group and for the bank and 15.630.12 billion that is the loss but same page 16 other figures compressive income for the year net of tax. Good because the normal bank of Ghana comprehensive income activities what happened 15.6 6 billion Ghana cities.
What they are hiding from you the other comprehensive income loss for the group. Yeah. For the group here 19.888.779 billion Ghana cities. That's for the group. for the bank a 19.322.253 billion Ghana cities the actual loss of the central banker for the bank 15.6 6 + 19.3 mm 34.9 billy on Ghana cities but press conference billion comprehensive income 15 nothing less than 84.9 billion cities that's the loss why is there a difference in this figure because they are doing politics with it bank of the process I am not sure the governor will come and say 15.6 he will say 34.9 but 15.6 We'll come into the details. 34.9 page seven.
Okay. In the page seven. Good. That is the beginning of the accounts. Yes.
Report of the directors to the minister for finance. Good.
Ghana constitution. any Bank of Ghana act as amended which is primarily to maintain price stability.
The rebuttal has been said gold bank of Ghana say as part of portfolio management because as a central bank there is a percentage of revenues in some of those asset they have to diversify and sell.
part of normal operations. How do you respond to smokes and mirrors.
>> Really?
>> I'm telling you, I'll come there.
>> Okay.
>> But I'm saying to you, they are policy in now. Let me take you back.
>> Three interviews.
>> Yes. One was on the losses that were being made on the gold. Gold is gold program. Yeah. Two was about the sterilization as a tool for more paying up excessive liquidity in the economy.
>> And three was about the unexplained sale of 50% of our gold reserves. Mhm.
getting to the end of the year after September October 50% of your gold reserves. Yes. At the time nobody could understand why they sold 50% of the gold reserves when there was a policy to actually accumulate more gold.
Bank of this is the price we have paid for recovery.
Bond woman.
Most of them inflation 23% exchange rates 19.1 at a point in time 15 14 bank of GH Bank of GH Bank of Ghana Act 2002 act 612 somewhere in 2019 act 930 for economic stability.
Bank of Ghana for financial stability consecutive terms. Bank of Ghana, Bank of Ghana to sustain this economy because Bondally, local Say on FM 94.7 FM 94.7H OB Mama.
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It's live from our studios here in Kokle, Ara, Tuesday afternoon, the uh 5th day of May, 2026.
32 minutes after two.
We are bringing you this show again on all our other platforms apart from radio 94.7 YouTube you search for 94.7 FM on YouTube live YouTube you get to see everything that will be happening here in our studios on YouTube myjoyline.comline.com com wherever you find yourself reachment reach as a radio station 94.7 taxi drivers ride hailing app drivers Uber driver long distance you know vehicles production.
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Community concern segment.
We have a couple of interviews discussion segment.
Director of communications for the new patriotic party and lawyer Bernardu MPI constituency later on on the show but still the issues with the Bank of Ghana is still on the front burner.
Bank of Ghana for 2025 and the losses therein extensively.
uh he took us through the report as they have it and uh the losses according to them no as the majority and the bank of Ghana tried to hide some of the losses through report line by line another press conference this time they would offer solutions to government on the way forward out of this problem and we'll get some other experts what they make of the report.
But first, the community concern segment.
WhatsApp number 48 443 523 in way WhatsApp number 0548 443523 0548 443 523 but number let me acknowledge some of our viewers on YouTube. We said, "Hi, Obie. I'm watching you and my brother of mine. Please say hello to him." watching you from is it uh Conens I should think Pennsylvania.
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Okay Obi good day watching you live from Octagon building here in Ara in the Isaac Kofi Pratt Octagon building chalie. Uh that's the building the house the office of the Robert Smith law group uh octagon building where Obi Alex Dana in Zen central Europe this one says Obi I'm watching you live from Austin Texas happy birthday to my sister Paulina inside California my name is Samuel Tre Aiman I'm watching you live from Maretta Georgie Atlanta I work with the Pep Boys as an assistant store manager. Samuel Traimanas.
Hi Obi. I am Archelis Kofi watching you from Usu Oxford Street. Eric Suma listening to you from Milton Kes in the UK. Obi Mr. President watching you live from Compenhagen. Mr. President popularly known as Kennedy appear in Kennedy appear popularly known as Mr. President Compenhagen in uh is it Denmark? Yes. Where Obi? I am Linda Oet from Tennessee in the US of A. Hi Obi.
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Uh is it?
Wow.
Okay. Thank you. Thank you for for watching us.
Uh way obs watching you from Jirona in Spain. Uh this one says I'm watching you from hey in Germany.
Greater Regal Minister Demolition Ramite and we are hearing demolition demolition right.
Good. Good. Good. Good. Good.
Golf course.
>> Golf course.
>> Yes.
Okay. Fully furnished.
Exclusive videos.
YouTube.
Yes.
Okay.
Yes.
Foundry Commission.
buildings falling within days.
Oh, three days.
Okay.
Oh, okay. Wow.
Yeah. Yeah.
Anyways, the Regional Minister, Greater Region, Member of Parliament for the Honorable Linda, Honorable Demolition.
Oh. Oh. Okay.
Follow up from the last one.
Okay.
Is part of part of it.
There's a big lagoon.
There was an assessment action flooding within greater minimize previous chunk of place like require They say table but completed.
What? Serious places.
beforeropate authorities.
So far so good. Before undertaking the exercise, we met all the stakeholders, everybody. We met the celebrity people, we met the golf, we met traditional, all the traditional uh stakeholders involved. We met everybody.
forestry get the natural ecosystem back.
>> Yeah.
>> We all agreed on a round table.
We were even supposed to start this exercise about two weeks ago but engagement on the exercise they are very much aware. Okay.
They were in the very much.
>> But but the the the question then will be how do they even get to build in the first place foundation windows?
How is it possible that they build up to this stage and unfortunately all those buildings?
>> Yes.
within the region places started this demolition exercise.
I mean for the larger interest more lives that is demolition some of them they have permits why would you give knowing very well that that place is a razor it's a wetland Why would you give a permit to that?
people.
How would you also see right from the foundation we cannot be everywhere?
>> Yeah. Yeah. But honorable I I get I get your point. One thing draw attention to.
Yes. I mean some of these buildings this time but you would realize they were there and they will transcend government.
Nothing happens to that person. You know how do we also deal with that? You know in the spirit of resetting don't you think and even now even now I dare say still our permit have been given to people areas unauorized how do we deal with that that elephant in the room honorable >> yes in fact we've done a lot of things as far as I'm concerned as minister >> okay >> some of the engineers the planners look a lot of them We've had series of resations from a lot of the engineers and planners.
There are certain things we never compromise.
>> Okay.
>> Those are the measures we are putting in place. And then when you go to some of the assemblies especially you know to say almost 60% of the engineers has been transferred what so it's something this are some of the measures we are putting in place to that assembly should know the right thing they should have even educated the because that is why they only doing the wrong thing.
>> A lot of things has been going on public but we are doing so well to that regard. M but I mean any anyone who does that I know say there are uh legal issues and so with how to deal with people in the civil service I I get that challenge but transferring them incompetence Assembly.
And when you transfer, you let them know because take 50 years unless the person goes on retirement. You know that.
Maximum is 4 years.
But human mentality I understand.
Why? Because of political affiliation.
Bonama knowing very well but because you don't support the you have to issue the permit.
So these are some of the issues you are trying to deal with it.
>> Yeah.
Let's perpetrator in this party takes over. Sure. Sure.
>> You have to be a responsible in this exercise.
>> Oh yeah. When there's a need for that, why not?
for now because we are also human beings and we should understand we are going to engage them. What's the plan?
What's the plan?
Oh yes, definitely.
natural state.
If you are able to get that we are okay.
>> Yeah. the the last time demolition last year.
>> Yeah.
some of the places.
>> Very well.
For the next 3 days, right?
>> Yeah.
Okay.
H in the greater region at least the major roads in the city project street light we are trying to uh see how best to solve the some of the Because the street lights has been our issue.
The appropriate authorities like instead of cable for street lights 50 or so empty that street lights.
So these are the problems we are trying to tackle. Even those with the cameras, some of the lights they have cameras but they know where Ministry of Energy together with all the MMDs. We've met them on the round table because street life is a major challenge.
>> I started this project so nicely and people can attest. people were just praising us and then within a twinkle of a line almost 40% is off.
>> Yeah. But honorable my my concern my concern I mean uh it's it's a notorious fact in Ghana before we began this whole project.
We should have known So we put in place measures measures to safeguard street lights.
Oh yes before even we contacted the contractor they have a monitoring system where they monitor every street light so that when one street light goes off this particular place street lights based on presentation Not from RCC but from Ministry of Energy. Sometimes people think no this is purely from the ministry of energy.
>> Yeah. Because the press conference you announced people rightfully so attributed everything to you.
>> Yes.
Oh yes.
Oh yes, some of them.
How to get them is also another challenge.
>> Oh wow. Yes.
They have the video. Do you know this guy street lights purely the business of the government you work freely as it is at any given point in time visibility is clear about the happening jurisdiction citizens together with monitoring system videos >> they are saying the close to 40% street lights with videos the intelligence.
Yeah. But even the few videos the few videos intelligence community I mean how is that possible? Oh yes.
>> Even if we even when we get videos from Kofura area is street light. The whole intelligence architecture in Ghana intelligence who said I don't know how their system work the last time for instance I was in the office when one of the places See they have the they went to the community where the exact place the person >> we went there with the video we even left to some of the contact of the people we sent them the forwarded the video hoping they will get back to us go there you know earlier. You see, so these are some of the challenges.
>> Yeah. But that's unfortunately honorable. Unfortunately, that's not how intelligence gathering works because that's why register somebody from community and you hand it over to the appropriate state, they gather intelligence and arrest.
You don't go around it. It doesn't work that way. Honorable.
>> No. What I'm trying to say is that >> when we ask them sir the videos >> Yes.
>> So far when I'm going to be arrest when you ask who >> is contracted because they brought their engineer.
>> Yeah. But the contract for let me give you an example.
There was this uh way between two uh traditional way authorities and someone behind to the video of the gentleman who shot the people.
So they brought the issue to Rex for us to investigate. In fact, they will sent it to the corporate authority and gave us a copy. And as the chairman for security, it's my duty to say make sure there's peace in that place. As I'm speaking to you now, if you ask the regional commander, both Ara and Tema, we had the videos. All right. went to the community for them to let us know these people the particular people who shot the gentlemen up to now they've not been able to give us not even a single one >> okay and my question on that will be say into the communities who went to the community >> that is I'm saying that when we question me asking because I want to make sure say the project is successful what they said. So when we one of them came to my office because some of them all the way contract agreement is being done at the ministry of energy and perhaps road and highway.
I'm not talking about Hold on Street for a while and you went into the community both and and the whole police investigative team.
telling you up to today there's not they shielding them what are some of the challenges but it's difficult trust me I mean from where I'm sitting sometimes We blame the police unnecessary. I must be >> sure I mean if the police capacity that's why national security NIB I mean all the other defense intelligence war we can because this is a major major for crying out lou maybe we could have asked for support from the other because as on my as on my where we have videos of captured on video the police sometimes >> do do you even know that there are families were arrested families just to present in the end of the day what family But the issue is still under investigation.
Putting all over wanted by the police.
>> Okay, that's fine.
And we need to set examples with people.
videos.
Oh yes.
He as the region minister my responsibility is to make sure that >> provided ministry has told me this pure water factory as an example >> they are responsible for this church this particular church the lights are off. I went back to the ministry myself.
I told the uh DC to write so that we do a follow up and then based on their presentation that they did while they were contracted. You've been told you'll be monitoring. They say you've proven to us your camera has captured some of the people.
>> Yes.
>> And you are yet to get them and now arrest them.
>> What he said. So in a nutshell what would we do up to now what we provide here? So it's your responsibility to go back and fix the light. Anyway, the other way around is to make sure we cannot trust better people to be to be fair to the contractor >> the contractor system monitoring >> at least he can they can get the video for you when they get the video because crime the state invest stigative team will then have to take over.
But only only the power of arrest after the fact citizens arrest when you see the person in the actor or say state property you can arrest the person but after the fact state investigative team then they go into the communities to investigate pick intelligence and arrest the people. when you put that responsibilities on the on the contractor s you are not being fair to them honorable >> no then that is why I'm saying that my dear sir who is the first point of >> what I say so they also I don't know who they deal with in terms of their IT system so they have to go back to I who say a lot of software anyway I'm yet to know whether it has been reported to the appropriate authorities but from where I'm sitting we need more competent people they ever ready me my authorities It is you fix the light is off. Make sure you fix it back. Simple. Whether what you need, how to get the person that should be your problem.
>> Yeah. How to get the personh whose responsibility responsibility that is what I'm looking at defect liability.
Some of these contractor contract can based on that agreement come back and fix it. But we are talking where there is an instance of crime area public property provided video if we don't escalate. Okay.
Because the regional coordinating council street the minister in charge of the region should be interested. So it's reported to the police. We hand over the videos to the police. Let's investigate and get these guys. We have their their pictures on video. Arrest them.
>> My dear, don't forget >> we have rested meetings every month.
Mhm.
>> And we pick intelligence, we pick information, we report problems, then we leave it with the appropriate authorities to work on it.
>> Yeah.
You don't even know authorities. That's what you just said.
>> That is why I'm saying that when we pick that's because it's not that contracted, it's from the ministry. So I don't know the measures they've putting in place but because I was curious to find out because they also came when they were doing the presentation all there together with MN >> me finding out from one of them said ah but you said you have cameras even one light we are able and they show us the video and they said they are yet to find out let's give them the benefit of that but the street light issue Americans with the solar and chair will be giving updates as to who is responsible for which road say because of the uh ongoing roads construction within the reg majority of the street lights are off.
>> Okay.
>> And so you should bear with that because the construction is not ongoing.
Yeah. normal fixing street. We have a lot of issues with street light but places will be coming out and let the public know. Everybody should be responsible.
Okay.
To my heart.
>> Sure.
This street light project should be successful. No matter what it is, it should be successful.
>> Very well. Very well.
constituency.
Wow.
new site.
But you can see because then I'm wondering for you know the the whole assembly structure is an issue and I'm happy transfers.
Fantastic.
94.7 FM and a major major concern will take you to let me read some few messages.
saying uh good afternoon uh you are loud and clear in Helsinki Finland. My heartfelt condolences to my friend and brother Reverend ASP Mr. I see a do or die of the C headquarters here in Ara for the sudden death of his mother confidence funeral arrangement are slated for 24th May 2026 CAC that's Christ apostolic church in near and the burial will be at Elder Samuel Finland Good afternoon. Is the original minister saying the contractor should keep on fixing the light while the criminal keeps stealing the street light? Uh that's question unfortunately very interesting country. If you assume that this minister can protect you and your family, you are being overly optimistic. Job for the boys and girls.
That's all.
way Obi uh why does honorable clue like to play politics with everything or actions or actions she takes suddenly the owners of those buildings that were demolished were given permit by the Eswwell administration yet she's forgotten that the work of those civil servants at the that that's the work of the civil servants at the assembly even her knowledge on security intelligence is so weird and her story on those stealing street light are all untrue roots. How can you have videos of thieves and go into the community asking of their identity?
Is this not incompetence Amsterdam?
Happy birthday to Madame Juliana of Insaw. Mom, you've been an amazing mother in every sense of the word. There has never been a day I haven't felt your unique warmth, love, and unique care.
Your kindness is truly rare, and I'm grateful to experience it firsthand. I choose to call you mom, not just a mother-in-law, because that's exactly who you are to me. You've gone beyond titles and made me feel like a true son.
On this special day, I pray that God will bless you with good health, renewed strength, and countless miracles. May his goodness and mercy continue to follow you today and always. On behalf of my beautiful wife and myself, I wish you a wonderful and a joy a joyful birthday. Enjoy your day, ma'am. For Mr. Oed means and Mrs. Ma going out to you, Madame Juliana, happy birthday to you. Uh OB please. Is the minister aware the houses she destroyed at Tessi Bush Road close to the have been reconstructed? Men are on site as I speak today.
WhatsApp number 48443 523 0548 443523A capsules The way the various types of ulcer and all of that and capsules.
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024 23 83 1 0 024 23 83 1 0 And 0203 822 855 0203 822 855 Fantastic wish you very well. Thank you very 48 443 523.
Happy birthday to Commodore Michael Querson retired. May the good Lord continue to bless you with good health and longevity. From Mrs. Baba Corsa Addison and children, happy birthday once again. Daddy, we love you. And Commodore Michael Addison It's your birthday today. Happy happy happy birthday to you. We wish you really really really well.
And let me say a big big big big congratulations to uh the the freshest couple in town.
The freshest couple in town.
Mi Campbell Campell, executive assistant, the CEO of the National Petroleum Authority, lawyer, special assistant.
Congratulations to you my brother live.
We hope sir you enjoy all the blessings marriage is a beautiful thing and the Bible say he who finds a wife finds a good thing and obtains favor from the Lord 94.7 Seven.
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24.7 we'll be showing you some videos and pictures of children's hospital I demonstration for the you know opening and the usage of that facility as a member of parliament for the area and then we'll get to speak to some of the demonstrators responses we'll get to the phone of parliament hospital a very very nice hospital children's hospitalm Hello.
>> Yeah. Hello.
That's right.
Oh, okay. Okay.
hospital.
Honorable Jerry, lawyer.
electric.
Mr. promise only hospital.
YouTube videos of demonstrators.
Forecast.
Mhm.
Alice. Auntie Alice.
>> Yes. Stay focused.
Channel inside the hospital.
I mean patient name bed chief physician. I mean everything looks set inside the hospital children's hospital.
Okay.
How many years?
How many time April Yeah.
Yes. Minister again.
You get the picture. Well, inside the hospital the inside you could see a lot of equipment.
I mean a lot of equipment inside I don't know why it is not in use. Maybe health ministry.
The the real reason why lay man what's the real issue children's hospital demonstration Oh, wow.
94.7 FM children's hospital it was begun under the SNP administration and show the state of the hospital will get we'll get the the health ministry 120 bed that's that's really really massive that's outpatient department children's specialist hospital wer that's the frontier age of the hospital.
Very very nice facility. We would see I mean maybe the health ministry but we'll get them the member of parliament for the area honorable I mean at what point this Hospital is complete ready for use. How many years? 2 years, 3 years?
>> Oh, to be honest with you, at least this year when I visited the hospital, I had the opportunity.
That was where I got the conservation.
They have been already close to 8 months.
Minister.
>> So what I did was to reach out to the minister at least not less than three times and I've made a very forceful uh plea to him.
I mean beyond they all want to use this facility but we are so delayed in commissioning state and they were trying to do some reconigation and then subsequently told me that but there were some other things they wanted to do and he introduced me to the infrastructure uh manager Nana head of infrastructure at the ministry of health >> assembly.
The head of infrastructure also had a conversation with me and assured me. So I think the last conversation was on the 12th of March which is this year say the week after they will come and commission it. I think today is 5th May but no commissioning has been done. There is the CT scan machine that is currently um operating but not is in use but it has to be effective and stay away from breaking down. What you do you do is to put on the air condition in that facility. M >> so for at least one year the air condition in the city room has been on because you don't turn it off >> and you have it's a 120 bed capacity and there is a as well you can have sleep or rest while your child is being taken care of I do not know what is happening I'm beginning to ask is it going is it political because time and it's a world it's a world bank project why are we not commissioning the project lives as a result from I mean we've gotten a video from channel one TV inside the hospital rooms w you can see equipment in there little signages waiting Can you confirm all of these things are in there you see in that facility on the TV or on the video or in that video there are three there is an the which is at the emergency unit and then two other theaters all are functional all are There are places there's a setup all of that are there 120 bed capacity not just everything have all those things have been put in place the mother's host be look what I am telling you when you go to that hospital is a far a far far far far better.
Everything you see in the video is there.
Wow.
Wow.
But but I just wanted to understand I mean engaging your colleague MP who is now minister in charge of health was it three times what exactly is the problem recon reconcilation of what problem?
Well, I think the first one is said change of government, change of government, they wanted to be apprised with figures. They needed to have a reconciliation of >> really what has been spent or expended.
>> Okay.
>> And then the second time and then the third time was because I don't know if they are still doing reconciliation.
I don't know what is happening.
conversation about this demonstration.
>> I had somebody who was rushed to the main hospital.
>> Okay.
>> 34 years.
The place was stroked. Emergency was stroked.
They had to put him on a chair to give him oxygen.
and people had to alert me.
So that the TV people start the media people started walking to me and I was kind of surprised at this stage we we are still here when on the 12th of March I've had a conversation one week look anything that you expect in a modern specialist hospital a children's hospital and you know the the the distance that from way to the Best children's hospital is a princess mar >> and you can understand the traffic and incident obstit And we were able to detect a young a boy Christopher 1 and a half years blood level he was near to death.
>> When the doctors dictated the next thing they had to do was to give us a refer to go to the hospital.
>> Yes.
>> When we go to the Aawway hospital they said they wouldn't be able to take care of Christopher. We had to rush Christopher using my car with a siren on to your friend is saying the princess hospital and then later we were able to even assess blood from Kibu teaching hospital would have just died is looking handsome and energetic and guess what so she had lost two of them and he was only left with Christopher M >> and this is the situation we have and so many of these stories that are happening in way that and beyond and just because we are not commissioning this hospital people are losing their lives the the jobs that we have promised nurses and doctors and all these medical practitioners we are unable to even give birth when this hospital is sitting there are >> I mean this this question up I mean I A lot of the messages I mean to the effect was this hospital completed in time even before you left you left power.
>> Okay. You know I'll be honest with you.
I do not think that the hospital was 100% complete.
>> Okay.
>> When Nadu was executed. I do not think so.
>> Okay. I mean it's good to be truthful with all of this.
>> Sure.
>> But if it has been completed now, >> even if it was completed uh 3 months ago, what is stopping us from >> from commissioning?
>> Yes. I mean it wasn't fully completed but it was virtual. A lot of work had been done. When you go to for I am aware that s agenda project if you go to your friends deputy minister former deputy minister of defense yeah yeah threaded >> what is happening it's been commissioned but it is not operational >> what is happening meanwhile we are pushing the Ghana medical trust fund meanwhile we are pushing other health programs how will these health programs work if the facilities are non-existent or nonrop or wherever they are coming from they want to see who built it built by and commissioned by mama they are not interested in that they are interested in their out. I'm interested in the health of my people so that they can access healthcare.
Yeah, I get it. I mean, uh, seeing the facility from a distance and as I watching on video, you can see it's it's it's really world class and I hope sir problem would be resolved for this thing to be opened. worldass facility we cannot allow and a specialist children's hospital it raises even the stakes you know we we need to finish this ministry what's really just pass through you you love the police and you ask yourself what is happening to us as a nation >> and not everything has to be politics I'm hoping truly and genuinely that it has nothing to do with the politics >> no no I'm being honest with Because if not, I would have even organized to support those who did the demonstration today. I had met I met the minister at least three times and he's assured me.
But how long?
>> Yeah. Yeah. It's true. It's true.
Well, you see some of the others. So by the time we even start using it defect will start coming. It's it's it's not cool. It's not cool.
>> So even with back and forth they have installed a generator. You can understand what would have happened to the CT scan already for a year now. You can talk to the contractors and find out CT scan >> and no is just to make sure all throughout the street >> for at least >> very well that's fine member of parliament for the wae constituency here in greater region.
Uh we say hi OB UGMC was 70% completed when it was commissioned for the records. Uh okay.
Sometimes I feel sad listening to some of the political leaders. Choosing leaders who cannot uh think deeply is like handing a compass to someone who cannot read directions. And a government without critical thinkers becomes a factory of avoidable mistakes. A word to a wise is enough. Casty man all the way from Bum in the Bun region and Edway Abra.
Good afternoon. Please wish a happy birthday to my good friend Ma aka Midov an a teacher at Hanaman Senior High School in second the western region. Mad lion are praying. And let me reserve this special moment for my my brother, my junior brother who celebrates his birthday today and he comes directly after me. Uh Richard O Ya Na with a happy birthday to you my brother. uh live to be 94.7 and beyond.
Currently in the United Kingdom, Richard Oaya, happy happy birthday to you. I wish you very very very well and we hope sir the years ahead will bring you boundless joy and uh may you continue to enjoy the grace of God. We wish you very very well. Richard Oa happy happy happy happy birthday to you.
Uh in this the information we are getting from the ministry of health and the message as the production team has sent me or say the ministry of health says they are fully aware of the issues and will come out in no time. They are however not ready to speak now in way uh the the message from the ministry of health in the ministry of health they are fully aware of the issues hospital children's hospital and they would come out in no time but they are not ready to speak now information from the ministry of health 94.7 Attorney General's Department stock company CEO former you PDS communications minister some officers of PDS investigations of Ghana report.
We have quite a number of interviews.
discussion segment one week observation of former national chairman of the NDC.
The honorable One week observance on the 8th of May. on the 8th of May.
93 years 8th May 2026 one week observance Dr. Papa one week former register of the Ghana scholarship secret would also the honorable Kinsley constituency You don't want to miss any of our interviews.
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Yes.
2025 audited report of the Bank of Ghana, 136 pages at least.
you as as somebody who is an expert in the space.
Yes.
2023. I did a paper. You can go and check. Okay.
for a very long time from what I wrote in 2023, 2022 or 2022, 2023, 2024, 2025, 2026, 2027.
2029 because Yes.
And from 2022 60 billion loss he made a point 2023 the losses of the bank 13 billion 2024 9 billion in >> 9.5 billion 2025 a musai And even before we come there, we have to even settle this one first from looking at the bank's financial position from a more statement of financial how much was the loss how much was the loss?
Well, from the from the auditor's point of view, which is the view of a professional body, >> yes, >> nobody can challenge the position of 93 something.
>> Okay.
Accounting principles.
Okay.
>> Because one of the global institutions and they won't do anything that could compromise their position.
>> Yes.
the principles of accounting best practices.
Okay.
>> Okay.
or accountant. Let me put it blunt or accountant or professional accountant.
You could be a graduate accountant or professional is one of the bestations all over the world. Sure.
How is completed? You don't know.
>> Okay. challenged but don't go and tell people as one of >> okay for you saying 15 something million there about >> okay in 15 something billion is the loss >> something 15.6 let me be very 15.6 6 billion >> the laws.
>> Yes.
>> When the minority makes the point the actual laws 34.9 billion. You disagree with them?
>> I totally disagree because when you sell something and you make money, you add it to it.
And I can challenge everybody.
Yes.
Yes. Because gold sales 44 billion 34.9 billion and to know the total loss go to the consolidated and separate statement of financial position.
as 31st December 2025 the equity position in 2025 equity position 93.818 818 billion it is in bracket not a negative compared okay okay yes the negative of 16.5 that is how it calcated accountant and the principles are set internationally and globally.
Yeah.
Yeah.
consolidated in separate statement of financial position as 31st December 2025 the equity position in 2025 as against 2024 in the 2025 no 93 billion 2024 58 billion can a lay man not subtract 58 billion from 93 billion and say 35 billion difference in the year 2025.
>> Okay.
>> I made a loss of 60.8 billion in 2022.
>> Yes.
>> And I made a loss of 10 billion 10.32.
Then I made a loss of 9.9 billion in you get closer to 80 80 billion >> negative.
Yes. So you adding the negatives and negatives and negatives without adding to it. You get the equity losses of 93. Yes.
Mhm.
Yes.
A professional accountant presentation according to taking the world position of the various equity differences to come to 80. That is you're close to the 93 we talking about.
>> Yeah. Baba I'm saying what is your understanding of the equity position in 2024 a 58 billion negative 2025 93 billion negative. What does it mean?
Does it mean the loss difference of 34 billion the loss?
>> Okay.
>> The loss of reserves 23 or 29.
Okay.
like a British uh bank of England and I want to and I want the Euro Bank and I want bank.
You get to that point but these are what you call the transformational losses because you are not you are translating one position to another position.
That is where you got but in the reality we not selling foreign foreign we can argue and discuss and argue and that is the way it is done because copies to all bank of Ghana correspondent bank which federal reserve is one. Bank of England is one. The Euro Central Bank is one. The Japanese is one. But no relationship. We send copies to them and it will be signed and has been signed. You see people arguing about taking from here to there. When you go into the footnotes, go to the footnotes.
footnotes >> and in the in the footnote the the loss is 15 billion part of the foot.
>> Okay.
Okay. Okay. But but I think for now because there is a debate as to what the actual loss is because when there is a statement of account Yes.
the fundamental loss position, revenue position.
I am wondering why now there is even confusion about what the actual loss position is. Majority >> I think Majority 15.
No, the devil is in the detail. Drill down and look at the account where the is more than 15 billion. Which one should should we take now? Because take even the equity position subtracted last year from this year now.
It leaves you a 34 billion. that 34 billion in the details 15 billion loss and open market billion4 billion is showing the equity position which one now should we take and that's why we came to the expert okay something that has been certified by international accounting it is not left to anybody who is not part of the king to be taking it as if okay >> because there are other things that we may do in it which is different You should go into the details of the accounts and see how these calculations were done. And if you have any doubts, if you have any doubt, you raise it with the accountants.
There are two different things.
Accounting is a professional body and when they do it and it is wrong they will qualify it. So now people are beginning to doubt the integrity of the K20 which I believe it doesn't even work well for us because some of them used to do it they did it for 6 years >> and this came in because the law required that every 3 years you should change and they change it and if you hire anified qualified certified accounting and finance. Professional account. Okay.
We can have so many arguments and arguments and arguments starting even from 2020. Cutting away from 2022.
>> Okay. I I I get it now. Maybe to appreciate it. Well, a professional accountant to to look at the numbers and tell us really what the what the real issues are.
>> If you really if you not ordinary accountant, if you really think is a you can invite the KPMG, >> okay, >> there are too many of them. They will come and justify and discuss and tell you why these things were done or why this because Okay.
I get you do that. But my final question to you will be because more of a of a banking person account details. Let me ask a banking question.
The Bank of Ghana really was not set up as a profit making institution.
stability, not profit making. It does not means agreement.
April April 202 is also part of it.
But what I will say the main price but however there's nothing stopping us making22 we were making profit at least we making marginal profition Okay.
Bank of Ghana was getting in estimated income of 13 billion on the on the 65 billion bonds they were holding every year.
Now you were earning 13 billion on the bones 19.1% 50% 37 billion 37 billion dropping interest from 1909.1 extending to 2023 2029 208 and 37 they were strict naked let me use the word bank of government was strict naked when we did the DD and the bank will never be the same until a period of not even 5 years. It just take a reasonable time before 2024. I wrote a paper.
>> Yes.
>> I publish it in BST.
It will take more than seven years to even started breaking even let alone making profit. And this is what >> they go to the market security to go and use financing these things. The security has been destroyed.
Okay.
You're because years and 2020 2038 2037 has lost anything like that money and condemnation Yeah, because of that because of the whole buy in 2022 leading to 60 billion loss.
No, the Bank of Ghana cannot make profit anytime soon.
>> You're losing 13 billion aely every year for the next 45 years 28 because 1921. I didn't know 57.7 billion.1 every year.
are suffering is suffering. The banks are making money because the friendship goes.
Some of them are suffering because they went to the I'm a joker 2022 2023 and I was being insulted. Now the very people who was actually insulting me are going around.
What the hell is that?
>> Very well. Dr. Richmond you Okay.
um getting information I mean social media the information on the former uh scholarship secretary boss bua south is is going round nib honorable Honorable Kingsley production team few minutes ago.
Correct.
Honorable attorney general, the deputy a Facebook some fresh investigations break all of them down attorney general's department stay with Hello.
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94.7 Empire FM Check with your time. 52 minutes after 4.
Social media, former boss of the Ghana scholarship secretariat.
We can tell you authoritatively some few minutes ago.
In fact, social med Member of Parliament for production regard 94. 4.7 FM court high court here in Ara from the attorney general's department s the deputy attorney general page or post be on some new Omo in some of the cases or mo prosecuting will get the spokesperson for the attorney general and minister of justice from their perspective for constituency.
The honorable Bernardu Esquire Richard, director of communications for the NP of the topics 0548 443 523 WhatsApp number 0548 44 443 523 meages would always read them for you formally of joy news.
Happy birthday to you my brother Justice.
Have a fantastic birthday.
you know ain't uh let me see if I can read for you the post uh deputy attorney general or see following the discovery of fresh evidence we have a while ago withdrawn from the prosecution of all the accused persons in the case of the republic versus Hanan Abdul Wahab Aluiba and four others. This is to afford each of the accused persons a fair and a more speedy trial in accordance with the constitution.
Later this afternoon, the last but one prosecution witness in the case of the republic versus Kwabana Eduahin and others will continue her testimony. A former bank relationship manager and later employee of the accused persons.
This prosecution witness testifies to how the accused persons got and spent the monies which we believe they stole from the state.
Benjamin Al spokesperson, the Attorney General's Department under the Ministry of Justice Radio.
Why?
Okay. Okay. Okay. I think you're feeling better.
>> Yeah. I think it's it's better now. It's better now.
I I just read out deputy attorney general post on social media in two parts. First part say uh following the discovery of some fresh evidence bino uh Omar withdraw from the prosecution of all the accused persons now in the republic versus Han Abdullah Wahab Aluiba and four others case no said this is to afford each of the accused persons a fair and a more speedy trial in accordance with the constitution Oh yes of four persons in connection with PGS investigation.
>> Yeah. Yeah. We'll come there. I just wanted to That's fine. I'll grant you that. I'll grant you that.
Then we can come back to come and help them with investigation. What is the the reality?
That is what theates that we get from the intelligence minister of government terminated agreement between ECBS intelligence agencies who been here last week.
Mhm.
>> Mhm.
>> ECG PDS agreement.
Now following that termination PDS they entered into what is called inter protocol arrangement. Protocol additional fees per account.
Mhm.
The London Court of International.
>> Yes.
In November, an award was made in favor of um They start school.
Recon we got back to the table. It was realized about 850 million Ghana C which was held in ECG's car bank account.
Yeah.
I understand.
After Yeah.
>> Yes. An award was granted an award.
Award you and I judgment. Yes. On the 3rd of November 2025.
That judgment was in favor of ECG.
>> Yes. The landing court of international.
>> Okay.
>> Landing court of international court of arbitration.
Yes. Arbitration.
Mainstream courtesational >> that's that's fine after arbitration ah The award was given in 2025 3rd November right?
>> Yeah.
>> And then we realized Sika which I suppose which was held in ECG bank account 800 million Ghana cities.
>> Yes. 850 million Ghana cities. Ghana cities.
>> Yeah. Ghana cities >> and expectation.
>> Yes.
Sure.
Normally we are limited information.
This is the basis.
And this is what we can. But can you also confirm sir uh the the bank in question because if the money is held in ECG's account meaning without the express consent of ECG nobody should have access to the money what has happened if indeed Uh-huh.
>> Yeah. Period.
Um, sorry. Ec is under the control of >> Yes. Yes. Yes.
>> It is officers acting for and on behalf of it officers acting for uh uh PDS.
>> Yes.
Mr. bank of came into the control of officers of PDS.
That's true.
>> PDF Yeah, I I I understood that point the money is nowhere held in ECG's account bank.
>> Yes.
>> Is it the case without ECG's express consent any officer of PDS can withdraw money from ECG's account at Carl Bank? That was the question.
>> Yes. Let me say 3DS to all intents and purposes they are taking over every aspect of ECG for the period within which they administered Eg.
>> Okay. But is is it a suspicion sir even before the arbitration was concluded and by this I mean say 2024 and now 2023 and the withdrawals was done in >> okay investigative suspect that money >> were withdrawn for investigation.
>> Yeah.
>> Yes. I mean because that that period would help the conversation because if the period within 2025 that was the periodation while the arbitration was ongoing having access to an account like that would not just be an easy thing without the consent of EC.
>> Yes.
>> Yeah. That's yeah.
>> Yeah.
Okay. Two names now where there are two other names. One lawyers.
Yes.
Okay.
>> For PDS transaction.
>> Okay.
>> Yeah. Yeah.
project director bail right >> okay investigation investigation >> that's that's fine that's fine also a press secretary Office of the Attorney General 94.7 FM any of the stories 0548443 523 0548 443 523 Electroland Ghana Limited because World Cup.
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I think what would have conversation more consultation is one of the things and many many others home lot of the people in academia civil society naturally support one or two things of naturally.
But uh what is encouraging for me performance.
From 9 billion, I reduce from 13 billion.
60 billion 139.5 all the way minister for a Greek a minister honorable Ericu Dr. Mhm. Greek ministry. Yes.
Feed program. Sure.
Vehicle for economic transformation agenda.
and some of the goal the goal for that program to help modernize agriculture.
>> Okay.
>> To promote food security and to ensure they will create jobs and produce for industrial you know industrial industrial use. Yes.
Ghana feed Ghana part of service because I'm in that finally information because program four years at least the first initial stage.
directly to him look and I've been very patient say I mean I'm not very tight with the timelines generously sometime March 9th starting process So now our recourse is to file to the >> RI commission. Yes.
>> But the question is that even to go to court because you are coming to do A B C D now every year budget allocation to that program account towards the people.
It should look pretty somewhere. The allocation is one thing the releases maybe releases from the allocation.
part of the program. Extension officers.
Extension officers. Extension officer.
No, but is done and dusted.
Then we'll look at it.
The idea is not to go through the process. The idea is to avail the information to citizens.
It was just less than 21 days.
Okay.
I think we'll file the with the commission then we'll see how this one fine.
Okay. Okay.
my recent visit to president of consultations with president concerning First one saying this video.
I'm MC4 but you say NDC4 because because campaign.
Sure. Sure.
Okay.
people who whose specialty is to insult should not find any space in our politics.
Is one of the things I think is making our politics looks very small. It's not dignified anymore. It's not noble anymore.
Mr. President on making sure they will tame him because Richard, director communications for the NP.
Honorable member of parliament for the constituency lawyer.
Mhm. Excellency, the president of the republic.
and his excellency region.
You may not like his party, >> but the person Yeah.
So far.
Oh, relatively.
>> Relatively. Thank you.
But you see he chooses his top Yes.
Yeah.
It's true.
West Africin a So far, so good.
And that is what I like about his excellency.
Perfect. But at least relatively better.
We want to know Honorable feed GH.
Yes.
Minister officer officer minister No, this is the one.
So if you've written to the place, you demand a letter from.
Okay. Sure.
First round.
So we should apply directly to the minister this time to his attention.
>> Okay.
I dare you to prove it.
communication minister and if you indeed wrote to the minister that's the process. So first of all you write to the information desk that 14 days they expire then you write to the head of the institution which we have done to the minist but you I'll show you the proof anyway.
Because each time I mention According to budget, they spent over 2 billion.
No, allow me Oh, come on. Because you see, we've been in this country.
I'll give you finish. I'll give you right. Yeah.
Extension.
Okay.
Oh, no. You could be a farmer. But you see Okay.
So you see The second one.
>> Yeah. The honorable minister, ministry of food and agreeh 9th April 2026.
>> Application for review under the right to information act 2019 act 989.
I respectfully submit this application for review under the right to information act 2019. This application arises from my formal request dated 5th March 2026 submitted to the Ministry of Food and Agric for information on the implementation of the of the Feed Ghana program for the 2025 fiscal year. On 5th March 2026, I submitted a request for detailed information on the following.
One, budgetary allocation and funding sources for the Feed Ghana program. Two, actual releases and expenditure. Three, detailed breakdown of program spending.
Four, beneficiary data, regional and intervention specific. Five, geographic coverage of the program. Six, measurable output and out outcomes. The information request document dated March 5th, 2026 is attached for your review.
As of the date of this application, no response has been received. However, under section 231 of act 989, the ministry is required to respond to my information access application within 14 days of receipt. This failure to comply constitute a demand refusal under section 233.
In accordance with section 38 of act 989, I respectfully request that you conduct an internal review of the ministry's failure to respond to my request and direct the appropriate officers and directorates to provide full access to the requested information. This application is submitted in good faith and in the national interest. The requested information will contribute to transparency, accountability, and informed public discourse on the implementation of a critical national program. I respectfully request that this application be decided within the period prescribed under section 391 of the act which requires that an application for review be decided within 7 days. Yours faithfully, Richard K.
Director of Communications NP GH said there was a question there was a first letter which was not acted on and follow my issue. Okay. So you see my issue.
No, you see You seem foolpled.
Presidential debt expenses because it is but if it is the only reason but for you to file problem.
Surely you receive your responses.
Okay. Even the presidency outright.
>> Okay.
>> And it is a matter of public record that can be refused.
>> Absolutely. No. You see, no, but that is the essence.
>> Yes. But what what what was the reason the president give at the time? No, I'm just giving a no because you see if we are to go we know what happen in this country.
You see seven days for them to 9th April 201 days. Okay.
No, no, no.
No problem.
lawyerating offic 7 7 days I gave you instance so we are working on you are working on it when am I going to get so I know when to file okay for the commission no from what he has seen the information will not be given to you that's what the officer told >> officer told me and now this request is to the minister said if he says it's not given to you why it's not minister I my review request >> review request minister yes but how do you prove oh he call me I can show you this what you should be but I'm saying he must write to me but I mean propaganda element said because it's you are putting it in the public domain. The officer can deny what then do you do? What I do is that there's a time stamp.
Yeah. But the only thing I didn't I didn't record it. But the point is that the point is that he's the one person I've been dealing with on the matter.
The second No, no.
>> The second is what? The second. Second the the issue the second I want a response oh I should file uh you know for for review application because he's done everything and then he's not gotten it within the 14 days so I filed that so today again I called him like I've been calling him right after the seven days or so we are working on it we're working on somebody has been directed somebody travel and all of that and then he was clear to tell me No problem.
Honorable you didn't make it for a topic for discussion. Your private private private noriv WhatsApp Sometimes we give that allowance for panelist to bring we can put you to national interest. I get it honestly because I mean those comments are not good.
Okay.
concerning concerning. No problem. the concerning a national program. Yes.
Oh yeah.
>> Very well. I think the point I am making is that the minister has failed to respond and within the the the confines of the law the the review was at his instance according to the law he he ceased with the review to direct that and he has failed to do it and the officer had told me now if the officer will say he hasn't I have evidence here and reason why I am going to file the commission from tomorrow.
on the same you represent a political party.
And then street proof.
He has refused you. Please allow me.
Please allow me.
Nobody has disputed.
Nobody has disputed. That's not the issue.
When there's a dispute, there's a dispute, it must be resolved.
>> The issue said, if you read the letter, the letter is to the minister to review.
>> Yes. Okay. Has not been done.
>> Has not been done.
In other words, you refuse it. You you're a lawyer deduction. Okay. Deduce from that who is the but that's why I told you it will move on now.
Yeah. Yeah. It's okay. It's okay. It's okay. It's okay. It's okay. It's okay.
It's okay. It's okay. It's okay.
94.7 FM.
Okay. It's okay. It's okay. It's okay.
It's okay. It's okay. It's okay. It's okay. It's okay.
It honorable.
Richard, your microphone, your microphone is off.
Your microphone is off. Your microphone is off. Please please please Richard.
Don't let Don't let your brother come down. Come down. Calm down. Cal.
Let's move on. Let's move on. 94.7.
94.7 FM and it would move on. I mean there are issues on the Bank of Ghana.
There are issues on PDS uh officials BNI question and all of those issues on bog majority I mean timeline of event press conference minority respondable because you are part because because you are part of the because you are part of the of the majority. Uh were you were you aware were you aware of s press conference honorable is ita fine don't worry don't worry let me do that so obi the issue of bank of ghas mhm It is one of the issues minority.
It's interesting. I was listening to you. Mhm.
Okay.
This time >> because you see that has been the discussion. Say what what do you think would the alternative be? I mean what do you think the alternative would be? So because what is the principle?
especially against the record you have.
Simplify the matter. What is the issue?
Or is it the usual I mean that has been their campaign. what they say.
But if they are saying essentially ahead press conference that press conference report number one number two with the narrative around the loss 15 billion Ghana city laws M >> but 15 billion >> what does the report say >> the report >> the audited report is it not 15 billion 15 >> it is their own mathematics but you see what does the report say about the losses and during time 6 billion how was it calculated >> 60 billion 602 billion sorry I'm sorry 60 billion at the time inflation 54% but you It has been said of course Bank of Ghana they also have some uh in dollars foreign forex.
So what we have said look surely surely at the time But then because then there is a devaluation because of currency.
So 44 billion but without the gold 34.9. How did they get the 34.9 headline plus the laws in open market operation 34.5? So you see for me it has been disputed if they think that's okay but I'm saying that at least there's been a loss of news because in fact in 2022 over 60 billion but okay >> I mean that argument where is it coming from in 2022 after you had been in power since 2017. How many years? 5 years thereafter 60 billion years. Okay.
>> I mean how can you and these are the same people some cabinet miners during that time.
I mean it happened.
Bank of Ghana solutions prescriptions then cabinet minister and that is why Ghanaians generally they feel it cannot be like that.
It was in 2014.
>> Mhm.
>> S MCC Millennium Challenge Compact.
>> And I think under President Mohamad, there were some local content over 3 billion asseted as a company.
>> No asset 20 billion. 20 billion now.
Is it 500 million like based on the plan? Based on the plan. Yes.
Mhm.
>> It has been established.
It has been established.
Red flag.
The president at the time.
I think they had operated for about 4 months. Mhm. Yes. Almost 6 months.
>> No, four answer for the suspension.
>> Okay.
>> Sure.
Of course.
They had taken over ECG.
>> Yes. ECG assets. assets because it was only sure that account they had access they did >> they did I know what I'm also hearing they did but you see because I would at this point respectfully. But I think that of course as president, kudos to him.
It had been established beyond reasonable doubt. Said there was fraud.
>> Yes.
And nobody was prosecuted because the president did well in abrogating in fact suspending it.
Okay. He didn't know about it.
That's good. Beyond that, of course, but it was look it was much about nothing.
forged. It was clear and so they wanted to buy time between literally bill, electricity bill.
Yes, it is kind of on the principly.
And so somebody must be held accountable. I get you. My my point spokesperson when the arbitration was on the arbitration award was given in November 2025. That was just last year. Good.
At what point?
No, I I think it happened before but because they were at the time but you see because we had finished with everything aqua arbitration say we unlawfully abrogated the the the contract you couldn't take them on you couldn't so you may wish to depend on who the lawyers are they may want to wait because if it's established say indeed we abrogated it on lawfer Then they had every right to use whatever or do whatever because they were legitimate there.
>> Yeah. But can you do that while the arbitration is ongoing?
>> No. I I what I'm hearing those monies were okay but you see we are saying that at the time you didn't have any right to even because foundation was void. Yes. So now we've decision using that void documentation we need to come after you if subsequently it was abrogated because ECD license holder and mind you say Even with PDS around ECG was the one buying the power from the IPs PDS customers when PDS bills PDS exclusive.
>> Okay.
>> Because you need to give ECG their part to pay if there is money in that account.
Can they withdraw those monies without the consent of EG under the circumstance?
>> No. But how would they have done it? You said they have to be paying other people. They surely would have to withdraw to pay.
>> Who will withdraw?
>> Oh no. Say PDS.
You are not getting it.
>> Yes, I'm getting it.
>> Are you getting it? Yes. So the money is in ECG bank account.
We need to I get you. But you see, we need to be sure. We need to be sure that particular account exclusively.
We need to we need to find out. But as it is doubtedly, they thought that they had a legitimate e your friend is saying right to do that. It's been proven.
They they operated on falsehood. It's been proven.
>> Fraud said that it is you operated unlawfully because you didn't even have a legitimate. It doesn't matter when it was declared unlawful. But you whatever you you held has been declared unlawful has been declared unlawful. And that money never came in.
Yes, the government did well by suspending and abrogating up with prosecution electricity bill for 4 months.
Of course, right? Of course.
That is how we build a nation.
It was one of the campaign NDC because there are questions. If there are answers, I don't know. But there are questions for me. I'm waiting now on the way.
you know, I mean, let's say it's within the attorney general's right.
It's within his right and it happens all the time.
Even the day before, even on the day, I draw charges. It happens. Of course, I don't need to get into law, but what it is strategy because for whatever purpose, you never know.
Yeah.
>> So, a lot is going to happen if anybody thinks it's over. But I I had I hope it's not true.
>> The former lawyer. Mhm.
Yes. He granted an interview. It's an abuse of the prosecutor.
Agree.
depending on where you stand.
Thank you.
That's fine because the law will catch up with the person.
It is not a banana republic.
Yes.
Richard on the issue honorable 8 minutes after 6 almost the rest of the time.
No problem.
20 minutes.
Jubilee House.
political science for prospective evaluation of no friend retrospective evaluation prospective MP government that's where is coming.
Okay.
Bank of Ghana GH Bank of Ghana 2023 2022 2023 23 losses >> Yes.
Bank of GH resign operatives GH the context Because much better than because from 60.8 8 billion 9 billion 9.5 billion about 35 billion 34.9 billion.9ion 44 billion BBC next year.
But Dr. Is it Richmond? Rich based on his experience.
because this loss will not incur it 2025 debt will not incur it because you saw say not incur to this magnitude you not incur I'm referring to the 34.5 billion said this debt will not incur I didn't hear >> but you would have incurred some debt I'm not I don't know which debt it would be but I'm just telling if you look at the trajectory now would not have incured that would not have incured it because the cont was it was during crisis moment Ghana when was the last time to the magnitude Dr. was taken. So it was a crisis moment. It was a difficult moment. Former president that was one of the darkest moments in his presidency.
The only way was the only way up.
One time. One time. First year.
Give a good account of yourself.
You are taking us for granted.
Bank of Ghana on the finance committee press conference.
If you see two press conferences, there's a vast difference. The second one correction, repudiation of the first 93.8 8 billion excuses. Needless excuse because this time they go back to Egypt. Because Egypt was much better.
Not much better.
30.4 34.9 billion billion.
Mhm. Ghana 15.6 6 billion open market inflation to stabilize the economy. That's a cost object inflation.
Let's grant presidents executive instrument inflation in Ghana is zero. It won't have any effect because inflation doesn't translate into anything. Cost of living is going up. Inflation zero 0 amount for cost of living is going up.
It's going up. What is the value of spending that much money to bring inflation to 3.2 or whatever now?
Cost of living is going up.
Mr. President, I don't know. almost say he has spending 55.6 billion to to bring inflation down.
>> Yes.
>> But Mr. President, the economy in our houses is not stable.
It's unstable.
Prices is not reflecting in our lives.
Transportation what they have control over water electricity is going up.
School fees school fees are going up.
Rent are going up.
15.6 billion to bring In terms of businesses Ghana was supposed to create jobs over 1 million Is it over?
It's not. They lied.
They lied.
Madame mommy is a is a liar. Mommy. Okay.
Daddy's a liar. Daddy. NBC is a liar party.
It's a liar party to the extent you will create for 24hour economy 24 budget 2026.6 billion in open market operations.
What have you achieved with that money?
That's a conversation. It's not about Accounting this, accounting that. What is the meaning of that?
Is it not a debt that must be paid?
Is that money? Is it just available children hospital?
It's a complete waste. Financial loss to the state.
I don't want to go there. But they told you about how to bring the inflation down. Inflation was 50 54.1 in 2022. Yes.
>> Mhm. We brought it down to about 23 about 30 30 something percentage drop in inflation. We didn't care that much money that that much debt or that much loss in bringing the inflation down but inflation was brought down by uh 30% more from 24.2 What's the percentage?
Just about 20 GH.
Look at the issue we are talking about.
appreciation.
Gradually the words from a politician will lose value and NDC is on top speed to show Ghanaian serious because on one count after Another headline.
Big push. Big push. Slow push. Big push.
Slow push.
Very very slow.
Yes.
contractor ministry of roads and highways they rank them.
>> Sure. Say you are in good standing.
They have everything to do. for part of the contract.
Why am I Why am I giving you notices?
because you have by default failed to execute a contract.
But recently reading statement I'll come back to you where we are my way free and partners for immediate release press release on behalf of honorable Dr. Kinsley Ajiman regarding his invitation by the National Investigations Bureau.
We write as lawyers for honorable Dr. Kinsley Ajiman our client the former register of the Ghana scholarship secretariat in respect of certain media publications and public commentary suggesting that our client has been detained by the NIB. Our client was formally invited by the NIB to assist with investigations relating to his tenure in office. In full respect of the rule of law and his civic obligations, our client earned the invitation on the 5th of May 2026 in the company of his lawyers from Suadia Bafua and partners.
Officers of the NIB interacted with our client following which he was cautioned and all due process formalities observed. Our client denied involvement in any wrongdoing. Our client has since resumed his parliamentary duties after honoring the invitation.
It come back to the point.
He's been arrested and detained.
This is an official statement from the lawyers of honorable Kingsley.
lawyers.
Yes.
for anybody to fight.
I think there's no problem because and answer Bank of President, Bank of Ghana, Bank of Ghana.
investigation.
Number two, issue about the same matter.
take them through the process of law and they will don't have any problem. It is only to the extent because But we have spent so much time already.
Okay.
Now you have opened a whole fresh window. You are going to start your investigation all over again.
You are beginning a whole fresh process.
Okay.
for a period of time 2028 because otherwise because you cannot he stayed in there for for almost about uh 14 days or more. Mhm.
All that process you have started again.
So you are beginning a whole new process. So this is a vindictive process now former it is a show of lack of prosecutorial discretion to prosecute. You do it at will. You do it frequently. You do it capriciously just to burden people and and and and deny citizens their their freedom. A very unfortunate >> director communications for the NP.
Honorable Masi, >> you see um just one minute.
It is never true.
>> Okay, >> we are always you've seen how I communicate. We admit where there is a problem. But you see whe Apologize inflation please inflation 543 inflation 54 before you see.
But anyway, at the end of the day,
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