Otabil remains mute over his $850,000 US mansion

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General Overseer of the International Central Gospel Church (ICGC), Pastor Mensa Otabil, has remained quiet days after news of his alleged mansion valued at $850,000 located in the United States of America (USA), surfaced in the media.

It is not clear, if the delay response is out of shame or he is preparing a well prepared rebuttal or the outspoken man of God is letting this one pass.

Also, neither his church nor members, have commented, a sharp difference from what was exhibited recently when the preacher man was accused of contributing to the collapse of indigenous firm, Capital Bank.

The church in the case of the bank, did not only issue a statement supporting their Overseer, but they waged massive defence particularly on social media to block the many criticism to the extent that, some of these church members, asked people who criticized Pastor Otabil to show what they have achieved in life.

Aside the #istandwithOtabil mantra, there were many souvenirs, including food flasks with the #istandwithOtabil inscription, all in their bit to encourage him not to be affected by the many attacks.

Pastor Otabil on his part, did not only issue a statement exonerating himself even before the Economic and Organized Crime Office (EOCO) could finish their investigation, but during church service, he told his congregation, not to despair, but respond to his accusers that “God is good” three times.

Pastor Otabil, owns the plush mansion with his wife, Joy Otabil. Since information and pictures of the alleged mansion popped up, eye brows have been raised with many calling out members of ICGC, who often jump to Pastor Otabil’s defense, if they are proud of his action they should come out and defend him like they do.

Many are angry, while others are shocked asking why the Man of God and his family, will own such a luxurious mansion, when some members of his megachurch, have very little or nothing to fall on.

The 4-bedroom luxurious home is located in the city of Virginia US.

The value of the land on which the property sits is priced at US$251,600, while the building itself is priced at US$573,900, bringing the total cost of the property to US$825,500.

The address of the property was given as 15315 Mountain Crest CT Haymarket, VA 20169- Mountain Crest Estates L-15. The names on the property were; Otabil Mensa and Joy Surv.

The neighborhood of the home was given as 02088 Avondale. It was built in 2012, and has four bathrooms, a basement area among others.

Reports on the house, comes as Parliament readies itself to do a secret probe into the collapse of the seven commercial banks, including Capital Bank, which Dr. Otabil, had been the Board Chairman and had majority shares.

The Parliamentary probe do be done behind closed doors, is coming on despite huge demand for public hearing by voters, who fear there could be a cover up of friends, family members, schoolmates, church and lodge fellows.

Mismanagement and abuse of depositors’ funds are part of the claims leveled against Capital Bank leading to its collapse, last year.

It is not clear when exactly the Otabil family bought the expensive house in the US, although this is not the first time that issues on the building, have surfaced in the media with all manner of claims being made against the clergyman.

It first came up about three to four years ago, with Pastor Otabil, maintaining a stony silence but with the collapse of the Capital Bank, and the abuse of funds making the rounds, suspicions will are rife about the source of its funding, and the Pastor, will will have to respond to his ownership or otherwise of the 4-bedroom store house.

The Otabil family currently lives in the plush Trassacco Valley Estate; a gated and highly secured housing facility for the wealthy and famous in East Legon -Accra.

Two years before the Capital Bank collapsed, a former Chief Executive Officer (CEO), John Kofi Mensah, had predicted its doom. In a memo dated August 11, 2014, the then CEO of First Capital Plus Bank, which later was rebranded and called Capital Bank, said they could not meet their obligations to their clients.

“I write to reiterate my earlier concerns and request for the Board to act with expedition and take drastic and urgent steps to resolve the seemingly intractable problems that have bedevilled and continue to dog the growth and our efforts to stand the bank on its feet till date.”

The memorandum was addressed to the Board of the Bank. It also mentioned a number of cases where funds have been mismanaged.

 

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