General News of Thursday, 10 January 2019
Source: Myjoyonline.com
2019-01-10
File: Menzgold Boss, Nana Appiah Mensah, in a handshake with President Akufo-Addo
The presidency has distanced itself from a purported tweet from Nana Akufo-Addo in support of the embattled Chief Executive of gold dealership firm, Menzgold.
In a statement Thursday, the Director of Communications at the Presidency, Eugene Arhin explained that the said tweet noting that the meeting between the President and Nana Appiah Mensah is fake.
“I want to put on record that NEVER has the President’s Twitter handle been used to do that. That supposed tweet is a fake… President Akufo-Addo never had a one-on-one meeting with NAM1 on April 25, 2018,” Eugene Arhin wrote.
He explained that on the said date, football governing officials from the continent and the country “paid a courtesy call on President Akufo-Addo, ahead of the conferment of an honorary doctorate degree by the University of Professional Studies.”
“The then-Ghana Football Association (GFA) President, Kwasi Nyantakyi, only brought NAM1 [Nana Appiah Mensah] to the meeting because four days earlier, on April, 21, Zylofon had indicated its decision to sponsor the Ghana Premier League,” he added.
“Never on that day did the President have a one-on-one meeting with NAM1,” Mr. Arhin stressed, adding that he never had the President post the fake tweet.
Court orders arrest of NAM1
Meanwhile, there is a manhunt for the embattled CEO after several calls his by disgruntled clients went unheeded.
A circuit court Wednesday afternoon declared him wanted.
There are reports in the media that he has absconded to another country, possibly outside the continent.
In terms of performance on the scale of 10, the Akufo Addo-led New Patriotic Party (NPP) government scored a paltry 4.5 percent in its two (2) years in office.
That is the damning assertion of Hon. Mubarak Mohammed Muntaka, Member of Parliament for Asawase Constituency on the ticket of the opposition National Democratic Congress (NDC) on the achievements of the current administration.
According to the Minority Chief Whip of Parliament, in spite of the fact that the Akufo-Addo government borrowed over $50 billion dollars in two years in office, there is nothing significant to show for it.
Speaking on Okay FM’s Ade Akye Abia Morning Show, Hon. Muntaka challenged the Akufo-Addo administration to show one factory which has been established under the “One-District-One-Factory” program by the government itself.
He rather asserted that the government is only attaching itself to individual entrepreneurs establishing their businesses; claiming to be part of the “One-District-One-Factory” after helping to paint the factory as such.
“Show me one factory which has been established by this government under its ‘One-District-One-Factory’ program and it has started working. The government only attaches itself to individuals establishing their own business and help in painting as ‘One-District-One-Factory’. Is that what they promised? Look at their manifesto. Let them show me only one factory and not two of which this government established as One-District-One-Factory in two years”, he dared.
He pontificated that the Akufo-Addo’s government is just using cosmetics and slogans. To him, though much effort is being put in the policies, there is little or no result to show for it.
“The thing is that if you lie to get power, the truth will take you back to opposition; that is what is happening to them. 2019 has just begun and so let’s pray for the best under this government…I will not wish anything bad for this government”, he stated.
He however charged the government to wake up and work hard with the over $50 billion borrowed money despite the fact that the NPP chastised the NDC for borrowing.
In terms of performance on the scale of 10, the Akufo Addo-led New Patriotic Party (NPP) government scored a paltry 4.5 percent in its two (2) years in office.
That is the damning assertion of Hon. Mubarak Mohammed Muntaka, Member of Parliament for Asawase Constituency on the ticket of the opposition National Democratic Congress (NDC) on the achievements of the current administration.
According to the Minority Chief Whip of Parliament, in spite of the fact that the Akufo-Addo government borrowed over $50 billion dollars in two years in office, there is nothing significant to show for it.
Speaking on Okay FM’s Ade Akye Abia Morning Show, Hon. Muntaka challenged the Akufo-Addo administration to show one factory which has been established under the “One-District-One-Factory” program by the government itself.
He rather asserted that the government is only attaching itself to individual entrepreneurs establishing their businesses; claiming to be part of the “One-District-One-Factory” after helping to paint the factory as such.
“Show me one factory which has been established by this government under its ‘One-District-One-Factory’ program and it has started working. The government only attaches itself to individuals establishing their own business and help in painting as ‘One-District-One-Factory’. Is that what they promised? Look at their manifesto. Let them show me only one factory and not two of which this government established as One-District-One-Factory in two years”, he dared.
He pontificated that the Akufo-Addo’s government is just using cosmetics and slogans. To him, though much effort is being put in the policies, there is little or no result to show for it.
“The thing is that if you lie to get power, the truth will take you back to opposition; that is what is happening to them. 2019 has just begun and so let’s pray for the best under this government…I will not wish anything bad for this government”, he stated.
He however charged the government to wake up and work hard with the over $50 billion borrowed money despite the fact that the NPP chastised the NDC for borrowing.
“…when they were in opposition they said there is money in the country and they will not borrow money outside but they have borrowed $50 billion in less than 2 years and yet there is nothing to show for it”, he stated.
“Take whatever they have said and compare them to two years in office and see what is happening…on the scale of 10 percent of performance of this government, I will be generous to give them 4.5 percent. Enough of the efforts of this government, we want results,” he added.
“…when they were in opposition they said there is money in the country and they will not borrow money outside but they have borrowed $50 billion in less than 2 years and yet there is nothing to show for it”, he stated.
“Take whatever they have said and compare them to two years in office and see what is happening…on the scale of 10 percent of performance of this government, I will be generous to give them 4.5 percent. Enough of the efforts of this government, we want results,” he added.
His woes and that of his clients began after the Securities and Exchange Commission ordered the shutdown of his gold vault market after investigations revealed the illegality of same.
Since then, Menzgold has defaulted in the payments of returns to clients despite several promises to do so.
Clients have taken to the streets to protest and call for the government’s assistance.
However, institutions such as the central bank are indifferent about the calls of these customers because as far back as 2017, they warned the public not to transact business with the gold dealership firm because they were operating illegitimately.
