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Home » Kusi Boateng’s GH¢2.6m ‘loan’ to National Cathedral project has no agreement

Kusi Boateng’s GH¢2.6m ‘loan’ to National Cathedral project has no agreement

johnmahamaBy johnmahamaJuly 20, 2025 Ghana News No Comments2 Mins Read
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The National Cathedral project is one of many being investigated under the ORAL Initiative The National Cathedral project is one of many being investigated under the ORAL Initiative

Government Spokesperson Felix Kwakye Ofosu has disclosed that there is no formal loan agreement covering the controversial GH¢2.6 million provided by Rev Victor Kusi Boateng for the National Cathedral project.

Speaking to the media on Friday, July 18, 2025, Kwakye Ofosu clarified that although the amount has been described as a “loan” in public discourse, there is no documented contract or repayment arrangement to support that claim.

“There is no loan agreement between the state or the National Cathedral Secretariat and Rev. Kusi Boateng,” he stated.

A government-commissioned audit by Deloitte and Touche has revealed that Ghana’s National Cathedral project has cost the state $97 million, far exceeding the previously stated $58 million, despite no physical structure being completed.

The audit findings, disclosed on July 18, 2025, point to serious financial mismanagement surrounding what was intended to be the country’s most ambitious religious and cultural monument.

Kwakye Ofosu further disclosed that the audit uncovered overlapping responsibilities and payments between the Nehemiah Group and Kubik Maltbie, a separate subcontractor.

Despite the Nehemiah Group being tasked with coordination and oversight of Phase 1 of the project, Kubik Maltbie was also contracted for similar services at a cost of US$592,500. This amount represents approximately 87% of the total US$675,000 paid to the Nehemiah Group during the same period.

“This indicates a clear case of paying two entities for the same work, with no clarity on who was actually executing the tasks or who may have received government funds unjustifiably,” Kwakye Ofosu said.

Additionally, the audit flagged a further US$24,498.17 paid to the Nehemiah Group as reimbursable expenses for activities unrelated to construction oversight, highlighting further inefficiencies in the project’s financial management.

“These findings reflect poorly on project oversight and raise broader concerns about accountability and the effective use of public resources on a project of such national significance,” he emphasised.

Kwakye Ofosu assured the public that the government will act on the audit findings and ensure full accountability.

See the full report below

MA



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