The Evening News says hints of the unbridled expenditure of Mr Kwesi Ahwoi, former Chief Executive of the Ghana Investment Promotion Centre (GIPC) and his near withdrawal of 100 million cedis, a personal End of Service Benefit (ESB) have started emerging.
Mr Ahwoi who for six years was at the helm of the GIPC was entitled to only 13 million cedis (going by the formula used for all the others), but he allegedly contrived to drop the signature of one of the three signatories to cheques for official payments, and in collusion with the third person attempted to pay himself 100 million cedis. The number two to Mr Ahwoi who served for 18 years received 10 million cedis whilst a director who worked for 34 years went home with 17 million cedis.
Sources at the GIPC indicate that Mr Ahwoi went through with his plan and was only stopped at the eleventh hour by the Minister of Finance from cashing the 100 million cedis cheque.
The paper was told that the former Chief Executive owns a fleet of personal vehicles, which together constituted about 50 per cent of the Centre's fuel cost.
Although he had an official 4-wheel drive Cherokee with registration number GR 1140B, he nevertheless allocated another 4-wheel drive GV 1375C to himself. Among his personal cars include a BWM, a Nissan and a most recent being a white Mitsubishi 7-seater cabin imported from Canada and registered GR 7S on January 15, 2001.
Mr Ahwoi who together with his brothers Ato and Kwamena established Cashpro, a cocoa, coffee purchasing agency, is the chairman of the board of directors of the company.
It is further learnt that although Ahwoi was officially asked to proceed on leave by the Minister of Finance.
