NPP Probes Blay & Abankwa Over Secret ECOBANK Account?


Impeccable sources within the New Patriotic Party (NPP), has disclosed plans to cover up the thorny issue of a secret ECOBANK account being operated by the First Vice Chairman, Freddie Blay and National Treasurer, Kwabena Abankwa Yehoah, which is eating up the party.

The secret account, operated by the two individuals, was opened purposefully to hold the GH¢6 million, accrued from the recent parliamentary primaries of the NPP, without the knowledge and approval of the National Chairman, Paul Afoko, and General Secretary, Kwabena Agyapong.

The Herald is informed that, at a National Executive Committee (NEC) on Wednesday, attempt to have Mr. Blay and Abankwa Yeboah, suspended from their positions, pending an investigation into the matter especially, how the money has been mismanaged was vehemently rejected by Nana Akufo-Addo.

The Herald was told that Nana Addo, rejected the suspension of the two individuals, because it was going to compound the crisis in the party. The 2016 NPP flagbearer, rather pushed for the establishment of a committee to investigate the matter.

Ex-Minister of Finance, Dr. Anthony Osei Akoto, ex-NPP General Secretary, Nana Ohene Ntow, and Kwaku Agyemang Manu, NPP Member of Parliament (MP) for Dormaa Central in the Brong Ahafo Region, were members of the committee.

The committee is not really to probe the matter, but to give it a semblance of an investigation to douse media pressure.

The Republic Newspaper on Thursday, reported that some top NPP members, have benefited from the GH¢ 6 million secret account, created by Freddy Blay, and Mr. Abankwa Yeboah.

The paper reported that, it has intercepted a copy of the bank statement. It said the document indicated that between June 25, 2015 and August 4, 2015 Freddy Blay and Abankwa Yeboah, had doled out monies to prominent people such as Mustapha Abdul Hamid, an aide to the NPP flagbearer, Kwadwo Owusu Afriyie, the former General Secretary of the party, Millicent Kabuki Karboo, Charles K. Reindorf, and the National Treasurer himself.

The individuals were issued cheques ranging between GH¢ 1,000 to GH¢10,000, except for Mr. Abankwa-Yeboah who in the spate of two days (June 29, 2015 and June 30, 2015) withdrew a whopping GH¢ 600,000 in tranches of GH¢ 300,000 each for purposes yet unknown to the party.

The Herald has also intercepted a copy of the bank statement and is studying it.

Share this:

Share News

submit to reddit