Annual Payments Breakdown
Intercepted cost vouchers present that since 2019, President Akufo-Addo and former Finance Minister Ken Ofori-Atta ensured that their cousin, Kelvin Ofori-Atta, obtained massive sums yearly for stadium rehabilitations. Kelvin Ofori-Atta owns Coupbay and Cisdan, the businesses awarded contracts to renovate the Accra Sports Stadium and the Essipong Sports Stadium.
Here is a breakdown of the funds:
1. March 18, 2019: Coupbay obtained GHS6,006,868.44 for the Accra Sports Stadium.
2. June 18, 2020: Coupbay obtained GHS10,662,700.28 for the Accra Sports Stadium.
3. March 10, 2021: Coupbay obtained GHS4,754,829.56 for the Accra Sports Stadium.
4. May 27, 2022: Coupbay obtained GHS4,325,539.84 for the Accra Sports Stadium.
5. December 29, 2023: Cisdan obtained GHS6,511,245.66 for the Essipong Sports Stadium.
These funds complete GHS32,261,183.78.
Failure to attain worth for cash
Ablakwa argues that regardless of the huge funding, the rehabilitations didn’t ship worth for cash, ensuing within the CAF ban. He highlights the issue of making certain efficiency and accountability in transactions marred by conflicts of curiosity. The state of affairs has left Ghana within the humiliating place of searching for help from neighbouring nations like Togo and Ivory Coast to host worldwide soccer competitions.
Ablakwa hinted that when the National Democratic Congress (NDC) is voted into energy within the upcoming December 7, 2024 election, the federal government would maintain these accountable for this worldwide embarrassment accountable by way of the implementation of “Operation-Recover-All-Loot” (ORAL).