{"id":155911,"date":"2024-02-26T13:30:57","date_gmt":"2024-02-26T13:30:57","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/02\/26\/ablakwa-blows-alarm-on-hiked-all-african-games-operational-expenses\/"},"modified":"2024-02-26T13:30:57","modified_gmt":"2024-02-26T13:30:57","slug":"ablakwa-blows-alarm-on-hiked-all-african-games-operational-expenses","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/02\/26\/ablakwa-blows-alarm-on-hiked-all-african-games-operational-expenses\/","title":{"rendered":"Ablakwa blows alarm on hiked All African Games \u2018operational expenses\u2019 \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Samuel Okudzeto Ablakwa, the North Tongu Member of Parliament, has published documents alleging that the government is overspending its operational expenses threshold by about 500% of the amount approved by parliament relative to preparations for the 13th All African Games.<\/p>\n<p>He accused President Nana Addo Dankwa Akufo-Addo, the sports ministry, and the Local Organizing Committee (LOC) of the games of being complicit in the ballooned expenditure.<\/p>\n<p>The three groups, he said in a February 26, 2024 post on social media, \u201chave shockingly agreed to spend an elephantine, wrongful and unconscionable US$48million on so-called \u201coperational expenses\u201d for the 13th African Games to be hosted in Ghana between the period \u2014 March 5 to March 23, 2024. [Refer to intercepted documents attached]<\/p>\n<p>\u201c2. It must be noted that this staggering US$ 48 million is an entirely different amount from the mega US$ 195 million (GHS2.4 billion) already spent on infrastructure for the games.<\/p>\n<p>\u201c3. At the prevailing exchange rate, US$ 48 million is equivalent to a colossal GHS602 million,\u201d he added.<\/p>\n<p>Ablakwa also disclosed how the presidency organized a fundraiser with respect to the games, emphasizing how the said move was untoward.<\/p>\n<p>He has since hinted that the sports minister will be hauled before parliament this week to explain the circumstances surrounding the said expenditure.<\/p>\n<p><strong>Read his full post below:<\/strong><\/p>\n<p>PRESIDENT AKUFO-ADDO\u2019S ELEPHANTINE, WRONGFUL &amp; UNCONSCIONABLE US$48MILLION (GHS602MILLION) \u201cOPERATIONAL EXPENSES\u201d FOR THE 13TH AFRICAN GAMES<\/p>\n<p>1. Even before the dust settles on the scandalous US$8.5million AFCON budget brouhaha; unimpeachable, unassailable and incontrovertible intercepted documents in my possession reveal for the first time that President Nana Addo Dankwa Akufo-Addo and his appointees at the Ministry of Youth and Sports and the Local Organising Committee (LOC) have shockingly agreed to spend an elephantine, wrongful and unconscionable US$48million on so-called \u201coperational expenses\u201d for the 13th African Games to be hosted in Ghana between the period \u2014 March 5 to March 23, 2024. [Refer to intercepted documents attached]<\/p>\n<p>2. It must be noted that this staggering US$48million is an entirely different amount from the mega US$195million (GHS2.4billion) already spent on infrastructure for the games.<\/p>\n<p>3. At the prevailing exchange rate, US$48million is equivalent to a colossal GHS602million.<\/p>\n<p>4. A careful reading of the intercepted February 13, 2024 letter signed by the LOC Executive Chairman, Dr. Kwaku Ofosu-Asare confirms that this ginormous US$48million (GHS602million) will be spent in less than a three week period (18 days). This translates into a 6-day weekly expenditure on \u201coperational expenses\u201d of a mind boggling GHS200.6million, and an even more incredible daily \u201coperational expenses\u201d of GHS33.4million.<\/p>\n<p>5. It is most instructive to note that apart from the blatant profligacy and reckless wastefulness by the leader of a bankrupt, debt-distress IMF bailout country; President Akufo-Addo\u2019s conduct is absolutely wrong because Parliament approved GHS100million under Goods and Services and then GHS50million for Capital Expenditure for the 2024 expenditure by the Ministry of Youth and Sports on the 13th African Games. [see page 230 of 2024 Budget as attached]. It is therefore totally lawless and utterly repugnant for President Akufo-Addo to unilaterally vary by more than six times what Parliament has approved for non-CapEX \u2014 that is from GHS100million to GHS602million.<\/p>\n<p>6. The intercepted documents confirm that despite Parliament\u2019s approval of only GHS100million, President Akufo-Addo instructed the LOC to send out official request letters as recent as February 13, 2024 in which they defy Parliament and communicate their outlandish, unlawful and unjustifiable US$48million (GHS602million).<\/p>\n<p>7. It is regrettable to note that instead of President Akufo-Addo and his appointees at the Sports Ministry and LOC acknowledging Ghana\u2019s current economic crisis and slashing their ostentatious US$48million (GHS602million) \u201coperational expenses\u201d budget, he rather proceeded to personally chair fundraising meetings on the 6th and 7th of November, 2023 at the Jubilee House with an objective of raising the US$48million (GHS602million). [See evidence of the President\u2019s meetings attached].<\/p>\n<p>8. A number of top executives who have received the Akufo-Addo-inspired US$48million (GHS602million) shocking request letter are outraged about the quantum for a broke country and the deliberate refusal to transparently present a breakdown.<\/p>\n<p>9. Careful analysis of the entities President Akufo-Addo met during his now infamous fundraising engagements show that the President is mainly interested in public funds either by targeting SOEs such as GNPC, Ghana Gas, BOST and GOIL; or by targeting private companies such as MacDan, Zoomlion, MODEC and Kosmos all noted for executing huge government contracts.<\/p>\n<p>10. Additionally, the President\u2019s conduct raises fundamental ethical questions: how did the President select these companies? What promises did President Akufo-Addo make to these CEOs? How can other companies compete fairly with these \u201cpresidential companies\u201d in any competitive bidding process, particularly considering the current single-source procurement epidemic? After these companies present their US$5million sponsorship cash to the President\u2019s misplaced fundraising campaign, how can taxpayers be assured of value for money in the projects these entities would execute?<\/p>\n<p>11. Should GNPC, Ghana Gas, BOST and GOIL which belong to the Ghanaian people be compelled by President Akufo-Addo to sponsor his unconscionable GHS602million 13th African Games \u201cOperational Expenses\u201d when these corporations could be allowed to make more meaningful investments in expanding their operations so they could create sustainable jobs for the youth and thereby help address Ghana\u2019s acute youth unemployment?<\/p>\n<p>12. Why are these SOEs beginning to make payment due to President Akufo-Addo\u2019s unlawful pressure when they haven\u2019t sought Parliamentary approval? The BOST management should prepare to answer questions in Parliament for the initial US$500,000.00 (GHS6.2million) it transferred to Akufo-Addo\u2019s LOC a few days ago.<\/p>\n<p>13. The Minority Caucus in Parliament led by the dynamic Dr. Cassiel Ato Baah Forson will this week seek Speaker Bagbin\u2019s blessings to summon the Sports Minister, Mustapha Ussif on their unlawful, ostentatious and unconscionable US$48million (GHS602million) \u201cOperational Expenses\u201d budget which undermines the authority of Parliament \u2014 that will be a first step in a series of constitutional actions, not ruling out possible impeachment of President Akufo-Addo, as we are determined to make sure the President doesn\u2019t get away with another blatant \u201ccreate, loot and share\u201d scheme.<\/p>\n<p>14. President Akufo-Addo\u2019s unpatriotic and nation-wrecking act of approving and leading the collection of this gigantic US$48million (GHS602million) for so-called \u201cOperational Expenses\u201d for the 13th African Games deserves to be exposed and scuttled.<\/p>\n<p>15. A government denying pensioners their life savings; a government unable to house VRA spillage victims who are still living in refugee-like tents after five months; a government unable to equip our hospitals including the renal unit of KATH, the imaging departments at Korle-Bu, Ridge, 37 and our regional hospitals; a government which claims it cannot subsidize dialysis treatment and prevent our compatriots from dying; a government unable to clear billions in arrears to contractors, independent power producers, school feeding caterers, public sector workers, teacher and nursing trainees, national service personnel, DACF, NHIS, GETFund; a government unable to employ thousands of young graduates who offered nursing and PharmD and have had to stay at home for years; a government which embarrassingly owed the Black Queens for many months until recent fierce mass agitations; and a government desperately seeking an IMF bailout must not be allowed to spend US$48million (GHS602million) for an 18-day event, particularly when Parliament has generously approved GHS100million. We shall surely defeat this lootocratic scheme!<\/p>\n<p>For God and Country.<\/p>\n<p>SARA<\/p>\n<p><strong>Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Samuel Okudzeto Ablakwa, the North Tongu Member of Parliament, has published documents alleging that the government is overspending its operational expenses threshold by about 500% of the amount approved by parliament relative to preparations for the 13th All African Games. He accused President Nana Addo Dankwa Akufo-Addo, the sports ministry, and the Local Organizing Committee [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":155912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-155911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ablakwa blows alarm on hiked All African Games \u2018operational expenses\u2019 \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/02\/26\/ablakwa-blows-alarm-on-hiked-all-african-games-operational-expenses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ablakwa blows alarm on hiked All African Games \u2018operational expenses\u2019 \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Samuel Okudzeto Ablakwa, the North Tongu Member of Parliament, has published documents alleging that the government is overspending its operational expenses threshold by about 500% of the amount approved by parliament relative to preparations for the 13th All African Games. 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