Hot!
“No security personnel has left Jubilee House over unfair treatment”
The Office of the President has refuted allegation that security personnel left security post over unfair treatment.
This statement is in reply to a comment by Mr. Charles Owusu at Peace FM on Friday, 1st September 2023, that some seventy-seven (77) security personnel at Jubilee House have left over unfair treatment.
The statement signed byDirector of Communications, Eugene Arhin “The attention of the Office of the President has been drawn to a statement made by Mr. Charles Owusu on Friday, 1st September 2023, at the studios of Peace FM, to the effect that some seventy-seven (77) security personnel at Jubilee House have left their duty posts at Jubilee House because of “unfair treatment.”
It added that “Mr. Owusu is reported to have stated that “go to Jubilee House and see, the Police, Soldiers and everyone is complaining. It got to a point where almost seventy-seven security personnel decided to leave Jubilee House and go back to their units… What type of treatment are you giving them?.”
“The Office of the President would like to put on record that at no point in the tenure of Nana Addo Dankwa Akufo-Addo, from 2017 till date, have seventy-seven security personnel left Jubilee House to their respective units,” the statement further disclosed.
According to the Presidency “Indeed, no security officer has left Jubilee House because of “unfair treatment” meted out to them at the seat of the presidency. Curiously, at no point in Mr. Owusu’s submissions did he provide any evidence whatsoever to buttress these false claims.”
“It is important to stress that any security officer who has left Jubilee House has either been due to disciplinary reasons, or as a result of a voluntary decision made by the security officer in question,” Mr.Eugene Arhin added.
They finally urged the public to disregard these false claims, and treat them with the contempt they deserve.
Hot!
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.
Hot!
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
