31st December Women’s Movement executive on warpath-demands proper books of accounts from Nana Konadu Agyemang Rawlings

31st December Women’s Movement executive on warpath-demands proper books of accounts from Nana Konadu Agyemang Rawlings

- There have been claims of financial misappropriation against Nana Konadu Agyemang Rawlings

- Other claims include a refusal to hold a congress to organize elections for new executives

- This follows a suit filed at the court by Sherry Ayitey, a former treasurer of the movement

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Former first lady of Ghana, Nana Konadu Agyemang Rawlings, is under pressure to account for resources of the 31st December Women’s Movement, of which she has been president since 1982.

The accusations range from sale of the movement’s assets to misuse of funds.

Members are of the stance that their president has failed to account for funds of the group, as well as assets managed by its commercial wing, Caridem Development Company (CDC).

Aba Edusah, the central regional organizer of the movement, and a former chief executive of Abura Asebu Kwamankese, launched the attack on her president, after donating items to the Osu children’s home.

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She claimed that the audited accounts are neither updated nor filed at the registrar of companies. This has led members to believe that there is more to the use of the funds than the president reveals to them.

She outlined the procedure for the processing of accounts, as outlined in the movement’s regulations as a submission of audited accounts to the National Executive Committee and Congress for scrutiny and approval.

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To her, this provision hasn’t been complied with.

She added that despite the fact that officers are allowed to hold office for a period of five years and may be eligible for re-election for at least two consecutive terms for the same position, Nana Konadu has been in office as president since its inception in 1982.

She has made no effort to call for congress for elections or any other such activity,

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She also categorically stated that the name of the movement remains as it is, and has not been changed to Development Women’s Movement, as it may have been suggested in recent times.

These statements were a follow up to a court ruling obtained by the former treasurer and trustee of the movement, Sherry Ayitey against Nana Konadu to the effect that an extraordinary general meeting organized by CDC in respect of Nsawam Cannery Products Limited (NCPL) and Calf Cocoa International Limited (CCIL) violated the Companies Act, 1963 (Act 179).

In a judgment delivered on June 9, 2017, the court, presided by Mr Justice Samuel K.A. Asiedu, held that CDC had no authority to organize those general meetings.

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Source: Yen.com.gh

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