Pulse.com.gh logo
Go


$100k Expats Saga Trade Minister responds; says GHȻ2.6m was raised

The Trade and Industry Minister Alan Kyrematen revealed that an amount of GHȻ 2,667, 215.00 was raised against an expenditure of GHȻ 2, 367, 426.06.

  • Published:

The Trade and Industry Minister, Alan Kyerematen, has responded to the query from the Presidency about his involvement in the controversial $100,000 charged expatriates to enable sit close to the President at an awards ceremony.

In a statement earlier released by the Presidency, it stated that the officials at the Trade Ministry did no wrong in commercialising the Presidential Table at the recent Ghana Expatriate Business Awards (GEBA).

“The facts, as reported to the president, do not disclose any wrongdoing on the part of the minister of any government official.”

READ ALSO: Police arrest suspected 'sakawa' man for trying to withdraw money

“The President has therefore asked the minister to put those facts before the Ghanaian people,” it added.

The Minority had accused the Ministry of Trade and Industry of charging expatriates between 25,000 and 100,000 dollars, to offer them seats close to the President at the event.

According to them, the fees charged at the Ghana Expatriate Business Awards were not the kind of fees approved by Parliament, and that the monies were also not accounted for in the Internally Generated Funds (IGF) of the Ministry’s accounts.

READ ALSO: GH₵800K for website an oversight – Minister

Alan Kyrematen’s outfit published the response on Thursday, revealing that an amount of GHȻ 2,667, 215.00 was raised against an expenditure of GHȻ 2, 367, 426.06.

He also denied that monies were collected to allow people sit by the President.

“The organisers of the event were specifically instructed not to collect any monies to place persons/organizations on the Presidential High table for the event, and they provided assurance that this will not happen. It is worth noting that all the business executives who were seated at the Presidential High table, who incidentally are Chief Executives of the top tier corporate entities in Ghana already have direct access to the President and do not need to pay monies to interact with him.”

Click to read full mid year budget review presented by the Finance Minister

We are determined to move Ghana beyond aid - Bawumia

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Breaking Otabil finally breaks silence on banking controversiesbullet
2 Bank Collapse Capital Bank Board misused GHC 610 million from BoG – Reportbullet
3 Capital Bank Collapse Here are the roles of a non-executive board chairbullet
4 IMANI Boss Otabil may have been ‘misled’ in Capital Bank collapse...bullet
5 Investment banks in Ghana Top 5 investment banks in Ghana and...bullet
6 Banks Collapse Accounts of defunct Royal Bank managers frozenbullet
7 IMANI Boss Attacking Otabil over Capital Bank collapse...bullet
8 Savannah Ponzi Scheme MTN to pay GHS12.2m Savannah 'Ponzi'...bullet
9 Collapsed Bank It’s ‘incorrect’ to implicate me in...bullet
10 Collapse Bank Here’s what former staffs of Capital...bullet

Top Videos

1 New Discovery Ghana discovers new mineral, lithium in commercial quantitiesbullet
2 Former Capital Bank staff grills pork for survivalbullet
3 Forbes 2018 Africa's billionaires rich listbullet
4 Money Alert Meet Africa's richest womanbullet
5 Support Finance minister buys Kantanka carbullet
6 Tech 6 reasons you should buy an iPhone SE instead of any of...bullet
7 Plane Crash Starbow suspends operations following plane crashbullet
8 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet
9 New Phones Nokia MWC 2018 Event in 5 minutesbullet
10 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet

Business