Following the release of the first part that exposed the looting scheme at Boankra Inland Port which could cost the country $3.6 billion in judgement debt, Okudzeto Ablakwa has returned with the final part.
In the final part, the MP revealed that the government in its attempt to save its face from the Boankra disaster has resorted to using the Ghana Shippers Authority (GSA) and the Ghana Ports and Harbours Authority (GPHA) to finance the project. In the case of GSA, they are to be assisted by the Finance Ministry to secure a loan to fund the project. GPHA will use 80% of dividends for 2024 from Meridian Ports Services (MPS) to help fund the project.
Ablakwa cautioned banks that would be involved to beware because if the NDC wins the next election, those agreements won’t be respected. He also cautioned government officials involved to be careful because their day of accountability will come with judgement.
Those who thought the current economic crisis and debilitating debt overhang have tamed the appetite of the Akufo-Addo/Bawumia government to depart from reckless borrowing must begin to revise their notes.
Intercepted Cabinet Memos from government’s latest Cabinet Retreat held on Friday March 15, 2024 indicate that instead of the Akufo-Addo/Bawumia government embarking on urgent remedial steps to clean up the Boankra mess which has led to grave financial loss and a looming US$3.6billion judgement debt, the Akufo-Addo/Bawumia Cabinet has rather decided to prod the Ghana Shippers’ Authority to go for a loan in an ill-conceived attempt to salvage the ailing Boankra Integrated and Logisitics Terminal Project.
The Cabinet Memo dated 18th March, 2024 and signed by Secretary to the Cabinet, Mercy Debrah-Karikari further instructs the Ministry of Finance to assist the Ghana Shippers’ Authority to access the loan. (See copy attached).
May we agree to reserve for another day the Mahama MPS intervention which was heavily attacked by the then Akufo-Addo/Bawumia opposition and branded as a symbol of corruption only for it to now become the saving grace just like Ameri, ESLA, GIIF and many other Mahama visionary legacies.
This government seems to have no limits to its lawlessness and impunity.
It is most striking to note that despite vehement protests from the concessionaire, Ashanti Port Services Limited (APSL) warning against direct payments to the Transport Minister’s handpicked Justmoh, the Transport Minister and GPHA crudely ignored the protests and paid all funds including GPHA’s US$33,300,000.00 to Justmoh Construction Limited. (See evidence of APSL’s protest and payments into Justmoh’s account as attached).
Notice is hereby strongly served that the NDC caucus in Parliament will not support this new detrimental loan arrangement which has been authorized by Cabinet rather cleverly by using Ghana Shippers’ Authority as a convenient front.
Judgement day will not be long from now.