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High Court Judge quizzes: Is Kwabena Adu Gyamfi the same as Rev Kusi Boateng ?

High Court Judge Justice Charles Gyamfi Danquah says it is yet to be established whether Kwabena Adu Gyamfi alias Rev Victor Kusi Boateng is the same person with dual identity.

“I think what is not yet established is whether the very person who brought this application is the same person with dual identity as Kwabena Adu Gyamfi and Victor Kusi Boateng or this very person is called Kwabena Adu Gyamfi with an alias of Victor Kusi Boateng,” Justice Danquah said.

Justice Danquah stated when he dismissed an application for contempt filed by Rev. Boateng against North Tongu MP Samuel Okudzeto Ablakwa.

Mr. Ablakwa has been at the forefront of what he says is a crusade to expose what he alleges to be shady transactions marring the construction of the National Cathedral.

He has on many occasions accused the Secretary of the Board of Trustees of the National Cathedral Rev. Kusi Boateng of having dual identity. Rev. Boateng dragged the MP to court for defamation and had attempted to have him punished for contempt for kicking court documents when he was given copies. This however failed.

Justice Danquah while delivering his ruling, briefly ventured into the thorny issue of dual identity.

He noted that lawyers for Rev. Boateng had claimed the two names refer to one and the same person with one of the names as an alias.

This claim he indicated was disputed by lawyers for the legislator.

The judge pointed out that he was given documents from the Ghana Revenue Authority (GRA) showing that the two names have different taxpayer identification numbers with different dates of birth and different mothers.

He, however, noted that the GRA had indicated it was still investigating the matter.

Despite opting not to reach any conclusions as a result, Justice Danquah nonetheless stated that what is not yet established is whether the very person who brought the contempt application is the same person with dual identity as Kwabena Adu Gyamfi and Victor Kusi Boateng or this very person is called Kwabena Adu Gyamfi with an alias of Victor Kusi Boateng.

Source: www.myjoyonline.com

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GEXIM deepens relations with US EXIM Bank

A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.

The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.

The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.

Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).

Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.

The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.

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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama

President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.

Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.

He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.

“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.

President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.

He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.

He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.

“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.

Source: Myjoyonline.com