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Ghana Doesn’t Need Foreign Aid – Amidu



Ghana can survive without foreign handouts or aid if corruption is eradicated or minimized, the special prosecutor nominee has said at his vetting.

Martin Amidu decried the massive leakages at the ports and other sectors of the public, stressing Ghana can save a lot if those gaps are blocked.

“I will say the amount of seepages and leakages at the ports if we stop it we won’t need foreign aid,” the former deputy attorney general stated before the Appointment’s Committee of Parliament on Tuesday, February 13, 2018.

President Akufo-Addo has on different platforms told the international community that he wants to build a Ghana Beyond Aid because the nation has all the resources to be self-sufficient.

“We’re determined,” he said in Germany June 2017, “to wean ourselves off aid” and that can be achieved after comprehensively fighting corruption and plugging all the loopholes in the country’s finances.

Beyond that, he said his government is committed to upholding the country’s constitution amidst reports of unrestrained lawlessness in the country.

Answering questions before the committee, Mr. Amidu opined: “Taking millions of cedis for oneself deprives people of quality healthcare, education and other services.

“I want to set up a credible institution with a credible culture and block all the leakages in the system. I don’t care if I’m unable to prosecute anyone because part of the law talks about prevention.”
The Citizen Vigilante boasted he is the best choice for the tedious fight against corruption.

“…If you want anybody who will be meticulous in investigation and prosecution, the president has made the best choice for,” he said.
He added: “But if you want somebody who will look other way just disapprove.”

About Martin Amidu

Martin A. B. K. Amidu was the Attorney-General and Minister for Justice from January 2011 till January 2012 under the late President John Evans Atta-Mills.

Amidu, a member of the NDC, served as the Deputy Attorney-General for about the last four years of the Provisional National Defence Council military government.

After civilian rule was established in the Fourth Republic in January 1993, he continued to serve in the government of Jerry Rawlings as Deputy Attorney-General. This he did for both terms lasting eight years until January 2001.

In the December 2000 presidential elections, he stood as the running mate of John Atta Mills. They both, however, lost to President John Kufuor that year.


Public institutions, others receive over Ȼ80,000 investment from Polytank Ghana



More than ten thousand Ghanaians in various communities and public institutions have benefited from Polytank Ghana’s policy of helping improve access to water.

Spending over Ȼ80,000 in tank donations to marginalized areas and groups, Polytank Ghana’s benevolence has impacted institutions as the Ghana Prisons Service, the Ghana Police, some Fire Service stations, Educational institutions, international NGOs, rural communities, among others.

Being the lead producer of durable water storage tanks in Ghana, Polytank believes that access to clean water for all humans must be viewed as a right.

The role of clean water in ensuring good health, proper sanitation and improved livelihoods is a daily reality.

Polytank Ghana, a subsidiary of the Mohinani Group has adopted as a cardinal principle, a quote former UNSecretary-General, Kofi Anan, who said: “Access to safe water is a fundamental human need and therefore a basic human right”.

Executive Director of the Group, Mr. Ashok Mohinani, emphasised: “the Group’s commitment to assist the government meet the global climatic challenge of ensuring sustainable access to clean water, is a way of giving back to the communities in which we operate.”

“Water is not just life but a basic human right which needs to be preserved and not wasted. Our business Group gives these storage tanks to people who have limited access to clean water in order to manage the little they have to consume”.

He said: “It is our hope that these gestures will go a long way to improve the health and general wellbeing of the beneficiaries.”

“As we mark World Water Day today, we are happy to reiterate our company’s commitment to invest in quality and affordable water management products that will help ensure that more Ghanaians have improved access to clean water always no matter where you live”.

Touching on this year’s theme, “Nature For Water,” Mr. Mohinani encouraged all Ghanaians to desist from actions that have adverse effects on the country’s freshwater resources, pledging the company’s resolve to adopt more environmentally friendly methods in it operations.


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BREAKING NEWS: BoG takes over Unibank



The Bank of Ghana has announced it has taken over the management of private bank, Unibank.

The Governor of the central bank explained at a press conference, the takeover is due to challenges facing the bank. He mentioned weak supervisory standards and weak operations as the cause of the challenges.

Ernest Addison said the bank, last year, provided inaccurate data during the central bank’s effort to resolve the problems

He assured depositors their money is safe, stressing “we are not liquidating the bank, we are saving it.”

The take-over comes weeks after Unibank announced it was taking over adb.

More soon…


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Facebook’s value plunges $37bn on data controversy



Facebook shares took a big hit Monday, shaving about $37 billion off the value of the company.

The stock tumbled about 7% Monday on news that data firm Cambridge Analytica, which had ties to Trump’s campaign, reportedly accessed information from about 50 million Facebook users. This is the stock’s biggest drop, on a percentage basis, in four years.

Even after Monday’s plunge, Facebook is still one of the nation’s most valuable companies, with a market cap of about $500 billion. It’s behind only Apple (APPL), Google parent Alphabet (GOOGL), Amazon (AMZN), Microsoft (MSFT) and about even with Berkshire Hathaway (BRKA).

Mark Zuckerberg holds about 400 million shares of Facebook (FB), and his net worth plunged by about $5 billion Monday afternoon. Shares closed the day down $12.53.


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