Chairman Wontumi has pleaded NOT GUILTY to five charges in the alleged GH¢30 million Ghana EXIM Bank fraud case.
Chairman Wontumi has pleaded NOT GUILTY to five charges in the alleged GH¢30 million Ghana EXIM Bank fraud case.
The charges include defrauding by false pretences, two counts of using forged documents, money laundering, and intentionally causing financial loss to a public body.
Prosecutors allege that Wontumi used forged documents to secure loans for a farming project that was never undertaken, resulting in an estimated GH¢30 million loss to the state.
The prosecution has been given 14 days to file disclosures, with the next court proceedings scheduled for October 27, 2026.
JUST IN: The Ghana Revenue Authority (GRA) has explained that the 20% tax on Netflix, Spotify, ChatGPT, and other eligible digital subscriptions is not a new tax.
Ghanaians have been paying tax on these services since 2019. The tax was previously 22% but has now been reduced to 20%.
The only change is that banks will now deduct the tax directly when customers pay for these services. This means you should not be charged the same tax twice.
The confusion may have come from how the GRA boss communicated the issue. The new system takes effect on October 15.
According to Sammy Gyamfi’s statement before the Public Accounts Committee yesterday, the PMMC reportedly went five years without an audit during the NPP administration, when Abena Osei-Asare served as Deputy Finance Minister.
Five good years without an audit, yet some of the same political figures are demanding accountability from others. What happened to accountability during those five years?
EOCO and the relevant investigative agencies must look into these claims and establish who was responsible.
You cannot demand accountability from others while leaving serious questions about your own administration unanswered. This is becoming a joke!
Suame MP John Darko has been granted enquiry bail by EOCO after reporting for questioning over an alleged GH¢27 million financial loss involving SIC Savings and Loans.
The investigation concerns suspected irregular financial transactions and a debt recovery arrangement. MP Darko reportedly cooperated with investigators and was granted bail, although the specific bail conditions have not been disclosed. Investigations are ongoing.
Ghana’s Army Special Operations Brigade (ASOB) has made history at Exercise Cambrian Patrol 2026 in the United Kingdom, reportedly securing a Silver Medal and becoming the first Ghanaian and African patrol team to achieve this remarkable distinction.
Competing against 140 patrols, our gallant soldiers covered approximately 64 kilometres in 48 hours, demonstrating exceptional discipline, leadership, courage, and physical and mental endurance.
