Over GHc1 million vanishes from communications ministry - Herald claims

Over GHc1 million vanishes from communications ministry - Herald claims

- The Herald has uncovered massive rot at the Ghana Investment Fund for Electronic Communications (GIFEC)

- The reports unearthed procurement breaches and conflict of interest situations at GIFEC

- This follows undercover investigations conducted at the state institution, which is under the Communications Ministry

Information reaching YEN.com.gh indicates that the Herald has uncovered massive rot at the Ghana Investment Fund for Electronic Communications (GIFEC).

This follows undercover investigations conducted at the state institution, which is under the Communications Ministry.

According to the Herald's reports, it unearthed procurement breaches and conflict of interest situations at GIFEC, leading to the loss of a whopping amount of GHc1.170 million, paid to some four companies for no work done.

The loss occurred in September 2017, when GIFEC, headed by Ursula Owusu, as its Board Chair, awarded a GHC4 million supply contract to the four companies, through a shady procurement process.

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The companies, A comp Service Limited, Energonex Limited, Prudmen Company Limited and Power World Limited, were to supply some 2,000 Wewi brand Solar Laptops at a cost of GHC4 million.

The report stated that after two years, not even a single computer, had been delivered to the offices of GIFEC, which is headed by Abraham Kofi Asante.

Interestingly, documents obtained from the Registrar General’s Department revealed multiple connections between the companies.

The directors are either the same or the companies share the same addresses, with the same insurance company, guaranteeing the transactions.

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In other news, popular Ghanaian Evangelist Oduro has died, as confirmed by the wife.

Oduro, who preached rather comically, reportedly died at the Korle Bu Teaching Hospital in the third week of September 2019.

He was said to have suffered a long illness which he could not battle anymore and gave up the ghost.

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Source: Yen

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