GEPA Saga: Dismissed CEO blew GHc93,000 on clothes and $132,000 on rent

GEPA Saga: Dismissed CEO blew GHc93,000 on clothes and $132,000 on rent

- Information available to suggests that the dismissed CEO of the GEPA, Gifty Klenam, spent GHc93,000 on clothes and $132000 on rent

- Her salary and emoluments for April and May 2017 was GHc86,681.25 while her former deputy, Eric Twum Amoako took GHc83,733.75.

The Former Chief Executive Officer (CEO) of the Ghana Export Promotion Authority (GEPA), Gifty Klenam, is reported to have spent GHc93,000 on clothes and $132000 on rent. understands that she is currently being probed by the Economic and Organised Crimes Office (EOCO) over financial impropriety during her tenure.

In May 2017, she reportedly took GHc27,000 as clothing allowance and GHc8,000 for furnishing.

A woman smiling

Gifty Klenam. Photo source: Starr FM

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An amount of GHc93,000 was also spent on six senior GEPA officials as clothing allowance in May 2017, as well as GHc40,000 which was used on furnishings.

According to a letter dated May 22, 2017, which was jointly signed by Klenam and her deputy, Eric Twum Amoako, the Manager of First Atlantic Bank was directed to transfer “the cedi equivalent of $132,000 from account number 0360571101014 with you and credit same to our account no. 0360571101025 for this transaction.”

The reason for the withdrawal, the letter went on, was to facilitate the payment of rent for the CEO and her deputy.

A sheet of paper with inscriptions on it

The letter requesting for the cash withdrawal. Credit: Starr FM

Information available shows that the money was cashed in two tranches with $100,000 being withdrawn on May 23, 2017 and $32,000 withdrawn on May 26, 2017.

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Sources at GEPA revealed that Madam Klenam after the withdrawal bagged $72,000 as rent allowance at $3000 a month for two years with $60,000 going to Mr. Amoako.

Again, Amoako, who was also fired by President Akufo-Addo recently, is on a GhC24,300 clothing allowance as of May 2017 and GhC8000 to cater for his furnishing.

Details of financial transactions

Credit: Starr FM

According to the rules of the Public Services Commission, rent allowances must be pegged at 20% of an official’s basic salary per month for public servants including Ministers of State and Article 71 office holders in lieu of state accommodation.

Documents available indicate that Madam Klenam’s salary and emoluments for April and May 2017 was GHc86,681.25 with Amoako taking GHc83,733.75.

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