Pulse.com.gh logo
Go


Otumfuo Osei Tutu II NPP behind Asantehene's money laundering saga - NDC man alleges

According to the NDC man, members of the NPP plot to disgrace the Asanteman

  • Published:

The former Municipal Chief Executive for the Ejisu Juaben Municipality in the Ashanti Region and member of the NDC, Afrifa Yamoah Ponkoh has said some members of the New Patriotic Party (NPP) are behind the money laundering case which involves Asantehene Otumfuo Osei Tutu II.

According to him, members of the NPP plot to disgrace the Asanteman.

Though he did not mention names of members of the ruling government, he said their evil plans will be resisted.

READ MORE: Ghana's top monarch fingered in money laundering case in the UK

 

"How can some people be so mean and make such damming allegations against our great King? They should stop this nonsense because I will soon expose them and chase them out of the country. I know where all these lies are coming from and I promise to deal with them drastically.

"They know themselves and want they are planning against the Kingdom even in power. They shouldn’t dare else they will regret. They can’t even compare themselves to the golden stool and then have resorted to tarnishing his image. They will fight in vain," he said in an interview on Accra-based Okay FM.

Background to money laundering

Ashantehene Otumfuo Osei Tutu II has been fingered in a potential money laundering case in the United Kingdom in which he said to have deposited £350,000 at  Ghana International Bank.

The revered Ashanti King is said to have handed the money to Mark Arthur, an executive director of the bank, at his multimillion-pound residence in Henley-on-Thames, for deposit.

READ MORE: Asantehene donates GH¢50,000 to Major Mahama's family

According to the British-based Telegraph, the subsequent deposit of the cash at Ghana International Bank triggered a money laundering alert in the City of London and cost Mr Arthur his job.

play Afrifa Yamoah Ponkoh

 

The bank said he had failed to follow anti-money laundering rules and had violated security policies as it was only insured to carry cash by armoured car up to a maximum of £250,000, according to the report by the Telegraph.

Mr Arthur, who is under investigation over the development, said in his testimony that Otumfuo told him the money was withdrawn from banks in Ghana and brought to the UK.

READ ALSO: UK bank apologises to Ghana's top monarch over diplomatic passport claim

According to him, he was handed a bag containing almost £200,000 in sterling as well as $200,000 in US currency with consecutive serial numbers.

He had also instructed Mr Arthur to move $200,000 to an account at Standard bank in Jersey, the report said.

Mr Arthur, fired over the incident, is claiming wrongful dismissal, unfair dismissal and failure to protect a whistleblower.

He alleged the deposit and transfer were approved by Ghana International Bank’s chief executive, Joseph Mensah.

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 Tragedy Gomoa East NDC organizer crashed to deathbullet
2 Hajia Fati’s Assault Kennedy Agyapong intervenes in Hajia Fati’s trialbullet
3 Corruption Fight Walk your talk on corruption - Auditor General to...bullet
4 Remorse Hajia Fati apologises for giving journalist 'dirty' slapbullet
5 Shocking Boxer found dead while on holidaybullet
6 Economy of Ghana Ghanaian businesses suffering- Mahama warns...bullet
7 United Nations Hanna Tetteh, ex-Mahama official, gets UN top jobbullet
8 NDC National Executive Congress NDC reportedly directs...bullet
9 Economy "Shush up" - Gabby fires Mahama over his...bullet
10 Final Journey Here are the burial details for the late...bullet

Top Videos

1 Mo Ibrahim "You are crazy if you vote for old men as President"bullet
2 Anas Exposé Kennedy Agyapong attacks Osei Kyei Mensah-Bonsubullet
3 Nana Addo $5bn ‘missing’ from gold exports to UAEbullet
4 Anas Aremeyaw Anas clashes with Kennedy Agyapong at radio stationbullet
5 Condolences Sam George speaks on Amissah-Arthurbullet
6 Condolences Alban Bagbin eulogises Amissah-Arthurbullet
7 Greedy Bastards NDC infiltrated by self-seeking opportunists...bullet
8 Dr. Bawumia My husband is doing very well; he’ll return...bullet
9 Condolences Oko Vanderpuije speaks on Amissah-Arthurbullet
10 Condolences Mahama Ayariga mourns Amissah-Arthurbullet

Politics