Massive Rot At Export Promotion Authority

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Information intercepted by The Herald, indicates that management of wobbling Ghana Export Promotion Authority (GEPA) led by Gifty Kekeli Klenam, are milking the Authority dry with excessive demands, huge and senseless expenditures, which are hard to explain.

Madam Gifty Klenam, a former Member of Parliament (MP) and her top management officials, documents reveal are allocating unreasonable payments of money to themselves, some covering rents, travelling allowances, clothing allowances, furniture, among others.

There have also been incidents of unwarranted salary increments, sometimes on monthly basis.

The documents, including bank transactions in the custody of The Herald, paint a sorry picture of the rot at the Ghana Export Promotion Authority (GEPA).

One such document, revealed how in one instance, the former New Patriotic Party (NPP) MP and Chief Executive Officer (CEO), authorized the payments of $72, 000, to herself and $60,000 to her deputy, Eric Twum Amoako, as rent allowance for 24 months.

In a May, 2017 Memo, the two paid themselves a whopping $132, 000 for 24 months at a monthly rate of $3, 000 and $2, 500 respectively.

But in their desperate attempt to cover up their sins, management according to insiders has managed to bribe a couple of journalists, who got wind of the dirty deals, to keep their mouths shut.

Some officials of GEPA, have been heard boasting about how they paid nearly GH¢60, 000 to some radio journalists to kill the story.

Other top management officials are; Akilu Sayibu, Bernice Awube, Armah Ampofo, Akua Botwe and Kwadwo Adubofour.

The CEO and her management, run the Authority as they wish, and there are claims that, they have astronomically increased their salaries without recourse to the Board.

This comes on the heels of other corruption allegations leveled against appointees of President Akufo-Addo at government institutions such as the Bulk Oil Storage and Transportation (BOST), Metro Mass Transit (MMT), Ghana Cylinder Manufacturing Company (GCMC), Ghana Tourism Authority (GTA) and many others.

Insiders say, regardless of the fact that, the Authority is not raking in enough revenue, Management is adamant, as it continues to spend the little that comes into their coffers.

It is alleged that, Management, has extended its profligate expenditure to an Exim Bank facility. It is not yet clear, what the EXIM facility is meant for, but the money is being squandered, The Herald learnt.

Salaries of workers vary depending on the mood of the former MP, this paper has gathered.

For instance, in April 2017, the Authority spent a total of GH¢88, 508.75 on emoluments, while in May same year, it spent a colossal GH¢292, 248, 75 again on emoluments.

It is not yet clear, what accounted for the astronomical increment in less than 30 days.

But a May 19, 2017 document in the custody of The Herald, shows that the money was spent on Social Security and National Insurance Trust (SSNIT)-Tier 1&2, Provident Fund, furnishing, clothing, GRA-PAYE and others.

GEPA is the National Export Trade Support Institution of the Ministry of Trade and Industry (MOTI) responsible for the facilitation, development and promotion of Ghanaian exports.

It was established by Act 396 in 1969 as an agency of the Ministry of Trade and Industry, with the mandate to develop and promote Ghanaian exports.

Its focus has primarily been to diversify Ghana’s export base from the traditional Gold and other unprocessed minerals, Cocoa Beans, Timber Logs and Lumber.

More to Come!

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