Close Menu
John Mahama News
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
What's Hot

TCL hosts West Africa Regional launch in Accra, showcasing innovation and strengthening partnerships

June 21, 2025

2025 FIFA Club World Cup: Is European supremacy a myth?

June 21, 2025

Six months long enough for Mahama to take strong actions on galamsey — Prof Bokpin

June 21, 2025
Facebook X (Twitter) Instagram
Trending
  • TCL hosts West Africa Regional launch in Accra, showcasing innovation and strengthening partnerships
  • 2025 FIFA Club World Cup: Is European supremacy a myth?
  • Six months long enough for Mahama to take strong actions on galamsey — Prof Bokpin
  • NPP’s rushed flagbearer polls skewed in favour of one candidate — Dr. Nyaho Tamakloe
  • Nyaho-Tamakloe flaws NPP’s leadership choice of early flagbearer election
  • Unseen Technologies, Electromagnetic Disruptions, and the Urgent Need to Awaken
  • Nkwanta South MCE pays courtesy call on National Chief Imam, seeks prayers for peace
  • Woman drowns in abandoned galamsey pit at Anyaaso
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
Facebook X (Twitter) Instagram
John Mahama News
Saturday, June 21
  • Home
  • Ghana News
  • Anti-Corruption
    • Corruption Watch
  • Economic
    • Education & Innovation
  • Environmental
    • Governance & Policy
  • Health & Welfare
    • Historical & Cultural Insights
    • Infrastructure & Development
    • International Relations
  • Ministerial News
    • Presidential Updates
  • Public Opinion
    • Regional Governance
      • Social Issues & Advocacy
      • Youth & Sports
John Mahama News
Home » The Embezzled Funds By The Opposition-NPP Go Beyond Ghana’s Financial Rescue From The IMF

The Embezzled Funds By The Opposition-NPP Go Beyond Ghana’s Financial Rescue From The IMF

johnmahamaBy johnmahamaFebruary 18, 2025 Social Issues & Advocacy No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


According to the investigations and documented facts that were submitted to His Excellency John Mahama, the Operation Recover All Loot (ORAL) team identified $21.19 billion in potential recoveries from looted state assets, undervalued land sales, and funds by the former government, the NPP, led by Addo Dankwa Akufo Addo and Mahamudu Bawumia. This startling discovery suggests that the NPP’s theft of public assets and associated costs far outweigh the IMF’s $3 billion financial assistance to Ghana.

Mr. Hopeson Adorye, a prominent figure in “Alan Kyeremanten’s Movement for Change,” claimed in May 2024, long before the ORAL team was established, that “the money NPP shared in the Ejisu by-election is more than the IMF loan to Ghana.” In the Ejisu Constituency by-election, Mr. Hopeson Adorye has characterized the NPP’s victory over former MP Kwabena Owusu Aduomi as a victory against the will of the voters because the NPP used money and other items to influence the electorate.

It’s inconceivable and inexplicable that a political party could have so much access to funds that could have helped Bawumia turn Ghana into the “Dubai of Africa” and “turn Ghana into the UK,” as he promised, but nothing of that sort, including promises to combat corruption and illegal mining, came to pass. With a staggering national debt of GHC 763 billion, the NPP’s “achievements” at the end of the eight-rule period include the collapse of the economy, businesses, and investments.

Eight years was sufficient to bring charges against any politician the previous administration deemed corrupt, but they did not. In spite of the money spent and involved in the legal proceedings, the failed government now wants the new government to carry on with the legal proceedings even though the coffers are almost completely empty. It is therefore right for the new government to release all the employees who were detained during the previous government’s crackdown as corrupt.

The NPP had all of the money, including that embezzled from COVID-19 funds and money laundering that the Belgian government had discovered, which resulted in the closure of the Ghana Embassy’s three bank accounts in Brussels. Why did the NPP government squander so much money and then keep it to buy votes without implementing any significant initiatives or developments? This is something I can’t explain, yet they are proud to tell Ghanaians that they are going to break the 8th cycle.

His Excellency John Mahama will not be interested in any other loan to create jobs and revive the economy when more than $21.19 billion in funds and properties have been embezzled. This amount of money is more than 100 times what the International Monetary Fund helped Ghana with. Therefore, all hopes are on the Attorney General as the only one who can recover the stolen funds and assets. Ghanaians are currently eagerly waiting for him to start of work next month, as promised.

I view the old government’s purposeful targeting of non-NPP firms to shut them down and the closure of financial institutions as a crime against humanity, in accordance with the “Governance Agyapadie Book.” For Ghanaians to endure the consequences of the NPP government’s corruption, such as the harsh measure introduced to apply for the IMF loan, is even more cruel. This ultimately harmed many Ghanaians, especially pensioners, and caused many of them to pass away too soon.

I strongly believe that “no one will get away with corruption under the NDC government,” thanks to the efforts of the ORAL team, the Attorney General, Dr. Dominic Akuritinga Ayini, His Excellency, President John Mahama, and Asiedy Nketiah, the NDC’s Secretary General. In many impoverished countries, let alone a developed one, such financial crimes would result in the imprisonment of all the politicians involved; therefore, Ghanaians expect all those criminals to be imprisoned.



Source link

johnmahama
  • Website

Keep Reading

Unseen Technologies, Electromagnetic Disruptions, and the Urgent Need to Awaken

Urgent Safety Reforms for Volta Lake Transport in the Face of Weather-Driven Tragedies.

Ghanaians don`t value silver only gold

The Causes, Effects, and Remedies of Fish Declination in the Volta Lake, Ghana

What Happens To Ghana And Africa?

A Nation that Prays Instead of Working or Planting

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Cedi sells for GHS12.20 at forex bureaus, GHS10.31 on BoG interbank

June 21, 2025

All set for the Ghana-China Business Summit slated for June 23rd to 28th

June 20, 2025

GOIL records a year-on-year profit of GHS84.7 million

June 20, 2025

Ghana hosts IATF2025 Roadshow to Boost Intra-African Trade and Value-Added exports

June 20, 2025
Latest Posts

Navigating the Strategic Layers of AI

June 19, 2025

Ghana confirms participation in the 2025 Japan Expo in Osaka, showcasing ICT innovation and global partnerships

June 17, 2025

Ghana, Helios Towers commit to strengthening telecom sector growth

June 16, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to JohnMahama.news, your trusted source for the latest news, insights, and updates about the President of Ghana, government policies, and the nation at large. Our mission is to provide accurate, timely, and comprehensive coverage of all things related to the leadership of Ghana, as well as key national issues that impact citizens and communities across the country.

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 johnmahama. Designed by johnmahama.

Type above and press Enter to search. Press Esc to cancel.