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Thursday, May 29, 2025

Ghanaians React As Nkrumah Reveals What Would Have Happened To Wontumi If He Owed EXIM GHC10Million

Veteran radio presenter Kwame Nkrumah Tikese has come to the defense of Bernard Antwi Boasiako, widely recognized as Chairman Wontumi, in light of recent accusations suggesting financial misconduct. The claims allege that the New Patriotic Party’s (NPP) Ashanti Regional Chairman took a GH¢10 million loan from Eximbank intended for a maize farming venture, but subsequently abandoned the project and failed to repay the funds.

Tikese, speaking assertively on his radio show, refuted the allegations, urging the public to scrutinize the claims carefully. He questioned both the authenticity of the reports and the possible political motives behind their timing. According to him, Eximbank operates under stringent protocols when issuing agricultural loans, especially during the period in question. These measures include the requirement for valuable collateral, the appointment of certified farm managers to monitor the project, and comprehensive insurance coverage to safeguard the investment.

“Eximbank doesn’t hand out such significant sums without tight controls,” Tikese stated. “To imply someone could simply vanish with GH¢10 million is a misrepresentation of how the system works. The bank has checks and balances to prevent that.”

Furthermore, Tikese emphasized that if a loan default of such magnitude had actually occurred, there would have been visible steps taken by Eximbank to retrieve the funds through legal or administrative means. The lack of any such action, he argued, casts doubt on the veracity of the claims.

He also condemned what he described as politically driven narratives meant to tarnish reputations without substantial proof. Tikese called for a fact-based conversation, urging those making the allegations to present solid evidence rather than relying on hearsay or partisan motivations.

See some of the reactions from Ghanaians below.

Until concrete evidence emerges, Tikese believes the accusations should be regarded with skepticism and not be accepted as truth.

Source: MyNewsGh

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