PRESS STATEMENT IN RESPONSE TO NDC’S MOMENT OF ‘DECEITFUL TRUTH’ PRESS CONFERENCE. BY KWAME BAFFOE ABRONYE


PRESS STATEMENT IN RESPONSE TO NDC’S MOMENT OF ‘DECEITFUL TRUTH’ PRESS CONFERENCE. BY KWAME BAFFOE ABRONYE
I want to use this medium to answer the ndc’s press convention led by their Nationwide Communication Officer dubbed “Moment of truth” and set the data straight and in addition to answer all their pathological lies seriatim.
To start with, I want to describe the whole press convention as a second of lies, propaganda and mediocre.
At paragraph 1 of their press assertion, the incompetent earlier authorities now the most important incompetent opposition social gathering claims they sympathise with the the purchasers of troubled gold dealership agency Menzgold after inflicting and initiating all of the mess we face now.
I blame the NDC authorities for supervising, condoning and conspiring with Menzgold Firm Ltd As a result of based on the historical past given to the common public by the Nationwide Communication Officer of the NDC Lawyer Sammy Gyamfi captured at paragraph 2 of their press assertion reads that, ” In 2014, the BOG found in a particular train inside the Central Area, that an entity referred to as Menzbank was working a Microfinance scheme in Kasoa beneath the guise of gold buying and selling and illegally utilizing the identify “Bank”.
• On March 11, 2015, BOG issued a discover publishing an inventory of unlicensed entities working illegally, which listing included Menzbank. This entity subsequently modified its identify to
“Menzbanc Ghana Company Limited” (change from financial institution with letter ‘k’ to financial institution with letter ‘c’).
• On April 13, 2016, BOG issued a discover warning most of the people towards the unlawful deposit- taking operations of Menzbanc. The BOG later wrote to Menzbanc cautioning it towards its unlicensed deposit-taking exercise.
• On August 16, 2016, the BOG contacted officers from the Minerals Fee and Valuable Minerals Advertising Firm (PMMC) on the license standing of Menzbanc, and subsequentl commenced investigations into the Gold Vault Market product of the corporate.”
Now, from the historical past given to us by the pathological liar in chief Sammy Gyamfi, the BoG and the NDC authorities found approach again in 2013 that Menzbank subsequently Menzbanc and now Menzgold established by NAM 1 was working Illegally but, the ndc authorities failed exhaustively to cub the issue from the onset. What the regulatory authorities did was to problem notices and letters to Menzbank which metamorphosed to menzgold.
NDC figuring out very nicely that Menzgold was not clothed with the authorized capability to obtain deposits, why didn’t they cease them from the onset (2013-2016) once they have been in energy?
It’s an incontrovertible fact that, NAM 1 all through this era was by no means invited by any of the safety businesses or was he investigated.
My easy query right here is, the place have been the safety and regulatory our bodies throughout that interval?
What did the CID, EOCO, BNI, and so forth do throughout that interval?
Now, granted with out admitting that NAM 1 is an NPP member, why didn’t the ndc cease his operations however supervised him to function from 2013 to 2016 however it was npp who has come to cease him of their 2nd yr in workplace. This clearly proves the incompetence of the NDC.
Through the tenure of Mr. TIO (The Incompetent One) also referred to as Mahama, he supervised the BOG to revoke the license of about 70 microfinances with out paying their clients and in addition did not sympathize with them. These microfinances amongst others consists of Onwards Investments Ltd, Hebron Monetary Investments Co. Ltd, Okay. B Star Microfinance Ltd, Categorical Hyperlink microfinance ltd, cash hyperlink microfinance ltd, Apex Microfinance ltd, Genesis Seed microfinance ltd, Cash house microfinance ltd, Buoyant Funding Ltd simply to say a number of. Mahama and the NDC uncared for the purchasers of these microfinances and handled them with impunity and disrespect. It’s nevertheless humorous for the infant with sharp tooth to inform us that, he sympathizes with clients of Menzgold. That is clearly the definition of hypocrisy.
True story of Onwards Investments
This was a registered microfinance beneath the Banking Act of Ghana and subsequently obtained license to begin enterprise in 2010 however their license was revoked in 2012. After the demise of Prof. JEA mills, the Incompetent One (Mr. TIO) was obliged by regulation to decide on a Vice chairman. He knowledgeable the late Paa Kwesi Amisah Authur about his intention to nominate him as Vice President however topic to the situation that he should pay an quantity of Ghs 150.00zero.00zero.00 to fund their 2012 bid. Mr. Amisah Authur who was additionally determined to turn out to be veep gladly accepted the supply however had no choice or probability to right away increase that cash. The one choice he had was to revoke the license of Onwards Investments and to pocket their monies and subsequently paying to Mahama as he had requested.
The NDC by no means sympathized with these harmless depositors who had their monies in these 70 microfinances however to realize low cost political factors, they declare they share the identical sentiments with the purchasers of Menzgold and sympathize with them. My easy query are the purchasers of the above talked about microfinances additionally not Ghanaians?
EVIDENCE OF STATE LED ENDORSEMENT & PROMOTION OF MENZGOLD.
It’s a baseless and empty argument to conclude that a mere photograph constitutes an endorsement.
Wikipedia defines endorsement as “a testimonial, a written or spoken assertion selling or promoting a product. “
It’s trite that an endorsement can by no means be implied. Endorsements are made publicly and are all the time categorical. The place did the president or any minister brazenly or privately endorse menzgold or the model NAM1?
Based on the logic of the ndc second of lies, As a result of the president took an image with NAM 1 and the tourism minister touring with him makes him related to the NPP.
By inference, it may be stated that,
i. John Mahama is a cocaine drug barron as a result of he has been sighted in pictures with the Ghanaian woman who was busted with 1.2 kilos of cocaine in London.(Naa Ayele)
ii. John Mahama and the complete NDC executives are thieves As a result of they appointed Abuga Pele who has been convicted by a courtroom with competent jurisdiction for stealing from the whole state as a Chief Government Officer of Gyeeda simply to exploit the nation.
iii. By the ndc logic, it could possibly be emphasised that, Mahama endorses homosexualism as a result of he has been sighted in an notorious image with world famend homosexual activist Andrew Solomon sharing the identical mattress.
iv. By advantage of the NDC logic, it signifies that your complete NDC get together are comprised of criminals and fraudsters as a result of they’ve appointed Woyome who has been confirmed for defrauding the state by the very best Courtroom of the land as a finance committee member of their get together. Which means Mahama and all his individuals are mental fraudsters by advantage of the NDC logic.
Woyome who has been pronounced as a fraudster is a number one financier of their get together. On fifth February, 2011 Woyome by an ADB cheque with cheque quantity 230051, transferred 1 miilion cedis to the NDC checking account at unibank. Additionally on 2nd September, 2011 he transferred Ghs 20,00zero.00 to Asiedu Nketia. The cheque quantity was ADB 727292. He additionally with an ADB cheque No. 809090 transferred Ghs100. 00zero.00 to Koku Aniyidoho on 1st might 2011. He transferred one other cheque with quantity 809093 on 10th might, 2011 to Koku for an quantity of Ghs 13,00zero.00.
Based on the NDC, as a result of the ministry of commerce partnered with the Entrepreneurs Basis of Ghana to arrange an award ceremony the place he NAM 1 was given an award signifies that the NPP has endorsed NAM 1. I deem this to be a mosquito argument as a result of EFG is an unbiased non revenue making organisation and bi partisan organisation which had all the time partnered ministries and different sectors to award entrepreneurs.
By the NDC logic, does it imply that, all the opposite entrepreneurs who have been awarded are additionally NPP members? Humorous Isn’t it?
In response to the NDC logic, it signifies that all of the priest, imams and chiefs in Ghana who took an image with NAM 1 are criminals. Isn’t this hilarious?
NAM 1 SPONSORING NPP
I deem it a bit of comedy for Sammy Gyamfi to assume that NAM 1 sponsored the NPP with an enormous sum of money in the course of the 2016 elections.
If not for tramadol abuse, I’m unsure my brother Sammy would have stated that as a result of, if NDC have been conscious of NAM 1’s unlawful operations as already established by Sammy Gyamfi of their assertion, why didn’t they forestall him from utilizing his illegally obtained cash to sponsor the npp to kick them out of energy?
Isn’t it laughable for the NDC to say NAM 1 sponsored the NPP once they have been the identical individuals saying prez Akuffo Addo has bought all his household properties to sponsor his bid? Have been they not the identical individuals telling us to pay again our mortgage at prudential financial institution? Have been thy not the identical individuals saying NPP is financially broke?
If NAM 1 certainly sponsored the NPP to realize energy why then has the NPP lastly uncovered, stopped and has refused to pay his liabilities? Why has the NPP halted all his unlawful operations if he’s related to npp?
Infact NDC is a monumental breed of incompetence and mischievous echelons.
It’s on data that, NAM 1 gave Jewel Ackah a founding member of the NDC $10,00zero.00 when he was sick. And that’s the solely direct profit any of the political events would have obtained from NAM 1.
PURPORTED ARREST OF NAM 1 AND HIS AIDED ESCAPE