How Kufuor & Co. Handed Over Ghana’s ¢720 Billion To Waterville On A Silver Platter

How Kufuor & Co. Handed Over Ghana’s ¢720 Billion To Waterville On A Silver Platter

The most gargantuan crime ever committed against the people

of Ghana is the payment of a staggering figure of over ¢720 billion to

Waterville by President Kufuor and his cohorts for no work done.

Intelligence gathered by this paper following the brouhaha

that has come to surround the order by a High court for the sum of

GH¢51,283,480.59 to be paid to Mr. Alfred Woyome reveals that President Kufuor

and his cabinet had created the condition in which the poor tax payers' money

needed to build roads, hospitals and schools as well as provide potable

drinking water was going to be handed out to Waterville on a silver platter.

The disastrous payment followed the abrogation of the bid

won by Waterville to put up stadia and hospitals to enable Ghana host the CAN

2008 tournament.

In spite of the cabinet memo by then Minister of Education

and Sports, Osafo Maafo on July 27, 2005 warning Kufuor of the consequences if

he cancels the bid, the then President Kufuor went ahead and got the contract

abrogated.

In a letter dated 27th August, 2005 Collin Russel, solicitor

for Waterville wrote to the Kufuor government demanding compensation for the

abrogation of the contract and threatening to go to court if the compensation

is not paid.

“We conclude by stating that our clients emphatically do not

accept the content of the letter dated 22nd August 2005 on the basis that it is

not lawful under the procurement Act (Act 663) at all and also violates

protocols signed between Ghana and its development partners like IMF, World

Bank, WTO and donor partners…”

“While we reserve the right of our client to seek redress in

appropriate tribunals in Geneva and London and elsewhere as appropriate for

specific remedies and enforcement of the legal obligations of GOG set out in

this letter, the preferred route is to resolve this impasse by negotiation

reflecting those legal rights and the losses and damages and expenses that will

inevitably flow from the breach of process the GOG has seemingly set itself

upon” the letter by Collin Russel to Kufuor and his cabinet concluded.

Following this threat, a series of negotiations was held

between Waterville and the Kufuor government. In a letter dated May 27, 2008,

and written to one Dr Ganantunio Arnoldi, the Special Assistant to the Chief of

Staff, Dan Agyeman said “The Chief of Staff further assured you that as soon

verification is completed, he will recommend to H.E the President to have

Waterville's claim of approximately €21million paid directly to Waterville. We

expect to conclude this process and payment to Waterville within the shortest

possible time.”

Daily Post's intelligence gathered that by the end of the

negotiation, the Kufuor government succeeded in getting the state pay a

whopping €33million (¢726 billion) to Waterville for virtually no work done.

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