Strange Bank Transfers At Export Promotion Authority

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By: Gifty Arthur

More revelations are emerging, following The Herald’s publication about massive diversion of cash into private accounts of management of the Ghana Export Promotion Authority (GEPA).

Details of information contained in several documents in the possession of this paper, reveal transfer of money from the coffers of the Authority into private accounts without any justification.

It mentions the Chief Executive Officer (CEO) and former Member of Parliament (MP) for Upper West Akim, Gifty Klenam Agbemava, alias Mrs. Gifty Mintah, as having mostly signed for the money to be withdrawn from GEPA’s account at the First Atlantic Bank at Ridge in Accra and Prudential Bank.

According to one of her letters to the bank dated June 22, 2017, Madam Klenam, instructed the manager of the bank, to pay her account at Stanlib Cash Trust head office, an amount of GH¢26, 661.80.

Her account detail was given as 9040005724117.

In the same vein, Madam Klenam’s deputy CEO, Eric Twum Amoako, was paid, GH¢26, 297, 38 into his Standbic bank account at East Legon and his account number was given as 9040006007672.

Another management member, Bernice Awube Armah Ampofo, was also paid GH¢19, 870.63 into her HFC account number 0030358304016 at Accra Central.

There is also another amount for one, Akua Botwe, who received GH¢15, 803. 63 into her account number 2030013452717 at Fidelity Bank at Action Chapel.

Akilu Sayibu, also received some GH¢16, 501.88 into his National Investment Bank (NIB) at Osu.

Mr Akilu yet again, is documented to have been paid another GHc21, 951. 63 into that same NIB account at Osu in Accra.

In another transaction, Madam Klenam, ordered for the payment of GH¢45, 183.00 into the Osu branch of Fidelity Bank with account number, 1060010526992.

There is yet another document which requested that GH¢700,000.00 at Prudential Bank Head Office be transferred from account number 0091901410016 to GEPA Project Account 0360571101014.

This particular document was signed by Principal Accountant, Kwadwo Adubofour and Gifty Klenam, Chief Executive Officer.

There were also payments made from Fidelity Bank Ghana Limited at the Ambassadorial Enclave Area Ridge Towers – Accra belonging to GEPA.

An amount of GH¢15,076.3 was in May withdrawn from a GCB account on the High Street to pay allowances for the staff of GEPA.

Although, some of the documents looked very doubtful,  insiders have called for an inquiry into activities at GEPA, to know the extent of the rot and mismanagement at the place under the management of Madam Gift Klenam.

More to come!

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