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I’ve been vindicated by Otumfuo’s action against some of his chiefs – Odike
The founder of the now-defunct United Progressive Party (UPP), Akwasi Addai Odike, says he feels vindicated following the destoolment of four chiefs by the Asantehene, Otumfuo Osei Tutu II, over various breaches.
In August 2022, Odike was banished from Kumasi by the Ashanti Traditional Council due to comments he made alleging the involvement or condoning of illegal mining activities by some chiefs.
In an exclusive interview with Citi News, Odike affirmed that the recent actions taken by the Otumfuo validate his previous remarks.
“Today, Otumfuo Osei Tutu’s actions buttress my initial assertion that it is the chiefs who are being used to destroy our environment through land degradation and water pollution. And at that time they misconstrued my claims but when Otumfuo came from his visit he has destooled some of his chiefs… because of their direct involvement in galamsey activities. Now the truth always stands and whenever you hear Odike talking, it is about the truth. It is about the security of this nation, it is about the future of our people.”
“Of course, I feel vindicated, and I am happy because they nearly killed me in my office in Kumasi, and it was all over, CNN captured everything. And today if I were to be in my grave it would be exactly one year but the almighty God who always fought for goodness sent unseen forces to protect me. You see, the leadership of this country is not only political, and religious leadership. Political leadership and the chieftaincy leadership have failed this country.”
“If not all of them are involved in these nefarious activities and bedevilling this country, they have sat aloof and unconcerned for criminals in this country to operate hence the kind of suffering we’re experiencing.”
He emphasized that he owes no one an apology and asserted his intention to make a triumphant entry into Kumasi in the upcoming days.
His purpose is to campaign for votes ahead of the 2024 general elections as leader of the Union Government, a movement he intends to launch after the Electoral Commission banned his party.
Credit:Citinewsroom.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
