Bright Simons calls out SIGA over controversial GH¢19.8bn profit claim

Read Article

Comments (43)

This article is closed for comments.

Read Comments Comments (43)

Achakanapaya 3 weeks ago

This Bright Simons guy has no credibility.
Nokofio minded homo.

This Bright Simons guy has no credibility.
Nokofio minded homo.
T 3 weeks ago

Do you really understand what he's talking about or you're commenting bcoz you're a political stooge?

Do you really understand what he's talking about or you're commenting bcoz you're a political stooge?
NzemaK- Use Sec'ty Recruits to build affordable houses 3 weeks ago

It is the same Audit service which declared 2.2bn loss in 2024 that Audited the books of 2025 and declared a profit of 19.8bn..

See how you wish NDC made further losses..

It is the same Audit service which declared 2.2bn loss in 2024 that Audited the books of 2025 and declared a profit of 19.8bn..

See how you wish NDC made further losses..
Ago-Daddy 3 weeks ago

Well spoken, Sir

Well spoken, Sir
Ago-Daddy 3 weeks ago

Must someone unnecessarily come to terms with every thrash of literature flying?

Must someone unnecessarily come to terms with every thrash of literature flying?
Nana 3 weeks ago

SIGA is using John Dramani Mahama accounting principles to prepare the SOEs accounts for Y/E 2025. It's based on lies & deception. We told Ghanaians this man did not learn anything new in his 8yrs in opposition. He's only imp ...
read full comment

SIGA is using John Dramani Mahama accounting principles to prepare the SOEs accounts for Y/E 2025. It's based on lies & deception. We told Ghanaians this man did not learn anything new in his 8yrs in opposition. He's only implementing the lies and scamming he used in his campaign to come to power.
Kamajorr 3 weeks ago

Hey, @Nana dankwanserew yarefuo. I have told you how terribly sick you are, but you keep doubting my evaluation of you. A hopeless fool like you have been losing all your sleep since your devastating electoral massacre in 202 ...
read full comment

Hey, @Nana dankwanserew yarefuo. I have told you how terribly sick you are, but you keep doubting my evaluation of you. A hopeless fool like you have been losing all your sleep since your devastating electoral massacre in 2024. It is so early in the morning, but you are sitting up here on Ghanaweb at 2:00 am just to wail and mourn. Ofui gyimifuorhene....!!!! Who told you there's any political hope for you senseless fools...????? And how long can you go on crying alone for your party's comeback....????? Hw33.....wo NPP akromfuor party nó...... AGU WAE....!!!!!
Stephen Donkor, New York. 3 weeks ago

NDC AND DECEPTION?
IS THAT WHAT GHANAIANS NOW CALL “SETTINGS”?

The NDC and deceptions are like bread and butter. Sammy Gyamfi made similar claims until the IMF blew his lid. These people would do everything to decei ...
read full comment

NDC AND DECEPTION?
IS THAT WHAT GHANAIANS NOW CALL “SETTINGS”?

The NDC and deceptions are like bread and butter. Sammy Gyamfi made similar claims until the IMF blew his lid. These people would do everything to deceive Ghanaians. Their deceptions are not limited to elections alone.
Ago-Daddy 3 weeks ago

Your statement lacks merit because the John Mahama economic management skills can be seen by all and sundry to be giving results. Secondly, everyone including the dead know he hasn't gone on any borrowing galore nor on a spen ...
read full comment

Your statement lacks merit because the John Mahama economic management skills can be seen by all and sundry to be giving results. Secondly, everyone including the dead know he hasn't gone on any borrowing galore nor on a spending spree. Let's do more of intellectual discourse and nid mediocrity in the bud
i can Link your workers,husband,wife,boyfriend,girLfriend's WhatsApp to your own WhatsApp and you wiLL be getting their chats secretLy on your own WhatsApp, chat me on WhatsApp via +2348140725576 to Learn more. 3 weeks ago

i seLL aLL Ghana networks MOMO(mobile money) hacking Link, with the Link you can hack anyone's MOMO account and be abLe to transfer or withdraw money once they open the Link you wiLL send discreetLy via SMS to their mobiLe nu ...
read full comment

i seLL aLL Ghana networks MOMO(mobile money) hacking Link, with the Link you can hack anyone's MOMO account and be abLe to transfer or withdraw money once they open the Link you wiLL send discreetLy via SMS to their mobiLe number, chat me on WhatsApp via +2348140725576 to Learn more.
i can broadcast your goods,products,services and offers to miLLions of peopLe in Ghana and worLdwide via EmaiL,SMS,WhatsApp and Facebook to enabLe you get cLients and customers fast.i seLL onLine marketing tooLs Like oLd facebook accounts,miLLions of Ghanaians and worLdwide countries phone numbers and emaiL addresses,webmaiLs,maiLers, SMTP's,buLk WhatsApp and buLk SMS senders ETC......

24

TM 3 weeks ago

So it's OK for everyone to shout on the roofs top that SOEs are making so much losses which is partly cause by the depreciation in the value of the local currency BUT WHEN THE CURRENCY STRENGTHENS AND IT IMPROVES THE PROFITAB ...
read full comment

So it's OK for everyone to shout on the roofs top that SOEs are making so much losses which is partly cause by the depreciation in the value of the local currency BUT WHEN THE CURRENCY STRENGTHENS AND IT IMPROVES THE PROFITABILITY LEVELS OF THOSE SAME SOEs WE ARE BEING ASKED NOT TO MENTION IT AND THAT WE SHOULD ISOLATE THE IMPROVEMENTS IN THE STRENGTH OF THE LOCAL CURRENCY BEFORE MAKING THE FINAL ANALYSIS......WHAT KIND O F LOGIC TOO IS THIS??
Salinsa 3 weeks ago

They are the OPPOSITION PHARISEES. They are allergic to good news.

They are the OPPOSITION PHARISEES. They are allergic to good news.
Ago-Daddy 3 weeks ago

May God bless you,sir

May God bless you,sir
Kwaku Tee 3 weeks ago

If so then why is GoldBod ( sorry Sammy Gyamfi Company) neglecting it Losses in Forex Exchange Differentials to BoG? There shd be consistency in whatever President Mahama's govt does.

If so then why is GoldBod ( sorry Sammy Gyamfi Company) neglecting it Losses in Forex Exchange Differentials to BoG? There shd be consistency in whatever President Mahama's govt does.
Lamantierre 3 weeks ago

Wo di saa "nkwasiafuor losses" no saaaaaaa, na 2028 aba. Wo gyimiiee d))so ankasa.... @Kwaku Tee odwan ba.

Wo di saa "nkwasiafuor losses" no saaaaaaa, na 2028 aba. Wo gyimiiee d))so ankasa.... @Kwaku Tee odwan ba.
TM 3 weeks ago

You have very weak mind and you shouldn't be commenting on this kind of issues.....SCROLL DOWN TO THE ENTERTAINMENT SECTION AND GO AND COMMENT ON THE BEEF BETWEEN SHATA WALE AND YAA PONO AND NOT ON THIS ISSUE

You have very weak mind and you shouldn't be commenting on this kind of issues.....SCROLL DOWN TO THE ENTERTAINMENT SECTION AND GO AND COMMENT ON THE BEEF BETWEEN SHATA WALE AND YAA PONO AND NOT ON THIS ISSUE
Kwaku Tee 3 weeks ago

@ TM
An unexamined life is not worth living. I wish one day All followers of NDC will gather under a big tree and re-assess their brains. They are like a flock of sheep being led by Criminal Shepherd Opana Gonja. A very brai ...
read full comment

@ TM
An unexamined life is not worth living. I wish one day All followers of NDC will gather under a big tree and re-assess their brains. They are like a flock of sheep being led by Criminal Shepherd Opana Gonja. A very brainless group.
Apamtuo 3 weeks ago

Oh, @Kwaku Tee. Look at you. A hopeless NPP mampam who is STILL talking loudly about "losses at GoldBod". And, you're rather the one who is talking about brain re-assessment. Kwaadaso konkonte

Oh, @Kwaku Tee. Look at you. A hopeless NPP mampam who is STILL talking loudly about "losses at GoldBod". And, you're rather the one who is talking about brain re-assessment. Kwaadaso konkonte
Kwaku Tee 3 weeks ago

Thank God Corrupt John Dramani Mahama cannot fool every Ghanaian. He can fool some idiotic ignorant ones like you & your family but NOT everyone. He will be embarrassed internationally always thru criminal scandals. Have you ...
read full comment

Thank God Corrupt John Dramani Mahama cannot fool every Ghanaian. He can fool some idiotic ignorant ones like you & your family but NOT everyone. He will be embarrassed internationally always thru criminal scandals. Have you seen the problems he has created for himself & wife by sponsoring ppl to insult his opponents? He can run to Assemblies of God Church but they can't help him bcoz he caused it.
Ago-Daddy 3 weeks ago

Don't talk because everyone is doing so. Let's think before we talk and stop doing the opposite

Don't talk because everyone is doing so. Let's think before we talk and stop doing the opposite

Kwaku Tee 3 weeks ago

@ TM
I hope you've a bit of accounting background. Do you understand the arguments Bright Simons is making? If for yrs most our SOEs were making losses, and for a brief period all of them start recording profits , accounting ...
read full comment

@ TM
I hope you've a bit of accounting background. Do you understand the arguments Bright Simons is making? If for yrs most our SOEs were making losses, and for a brief period all of them start recording profits , accounting wise you've to subject it to proper analyses. Why shd they run on the street when those profits are purely based on Valuation? Would you always go to the Valuation of your Assets whenever your company make losses? Let's refer our argument to the GoldBod issue the IMF challenged BoG, do you know that based on Financial Reporting Standards (FRS) & Accounting Concepts they were right? Sammy Gyamfi's GoldBod criminally excluded their forex exchange losses just bcoz of NDC Propaganda & Lies all bcoz of empty headed ppl like you.
Kagbanye 3 weeks ago

If there was losses you agree with it

If there was losses you agree with it
NzemaK- Fix Agona Dixcove Sankor Cape3pts Rd Now 3 weeks ago

The same Audit service under Akuffo Addo Audited the 2025 accounts

The same Audit service under Akuffo Addo Audited the 2025 accounts
Moron 3 weeks ago

Bright Simons is an ignorant imbecile. Does he understand retained earnings for reinvestment? Must companies pay huge dividends for make a recovery from a previous bad performance?

Bright Simons is an ignorant imbecile. Does he understand retained earnings for reinvestment? Must companies pay huge dividends for make a recovery from a previous bad performance?
Wendy 3 weeks ago

Simons, why worry your head? These guys are all pathological liars. All of them. from 2.0b loss to 19bn profit in 20 months? This guy should head for the Ministry of Finance. What kind of foolish lie is that? No wonder during ...
read full comment

Simons, why worry your head? These guys are all pathological liars. All of them. from 2.0b loss to 19bn profit in 20 months? This guy should head for the Ministry of Finance. What kind of foolish lie is that? No wonder during the election petition in 2012 the judges didn't waste their precious time on him.
T 3 weeks ago

Sadly there are many Animals in our midst who believe their lies. We go to school to have knowledge and whenever we encounter strange things use it review it.Only a FOOL would accept those Accounts from SIGA without question ...
read full comment

Sadly there are many Animals in our midst who believe their lies. We go to school to have knowledge and whenever we encounter strange things use it review it.Only a FOOL would accept those Accounts from SIGA without questions.
Ago-Daddy 3 weeks ago

You guys are becoming excessively emotional and tensed. You need to stay alive come 2028 when we'll celebrate our final independence as a beautiful nation

You guys are becoming excessively emotional and tensed. You need to stay alive come 2028 when we'll celebrate our final independence as a beautiful nation
Kwasi 3 weeks ago

The Npp panics when they hear about profit or surplus from NDC management. This is because all they know is stealing, mismanagement and losses.

The Npp panics when they hear about profit or surplus from NDC management. This is because all they know is stealing, mismanagement and losses.
Atsu 3 weeks ago

Settings government NDC agenda is to hide the real figures from Ghanaians and spew lies. With all the so called economic indicators prices are high and people are suffering

Settings government NDC agenda is to hide the real figures from Ghanaians and spew lies. With all the so called economic indicators prices are high and people are suffering
Tom Ansah 3 weeks ago

Jobs Jobs Jobs
Students coming onto job market
24 hour we waiting

Jobs Jobs Jobs
Students coming onto job market
24 hour we waiting

Dona 3 weeks ago

Interestingly, nearly all state institutions are reporting a net profit. It appears they have taken the time to reflect on their performance and present this information to the people of Ghana, likely in hopes that the public ...
read full comment

Interestingly, nearly all state institutions are reporting a net profit. It appears they have taken the time to reflect on their performance and present this information to the people of Ghana, likely in hopes that the public will recognise their achievements. Meanwhile, the reports coming out are all in negative. I can't think far!!!!
NDC akronfuo
KO 3 weeks ago

These are tactics the government is using to tell the public that it's doing well and it should voted to rule the next four years. Hmmm, God is not asleep.

These are tactics the government is using to tell the public that it's doing well and it should voted to rule the next four years. Hmmm, God is not asleep.
Mawule 3 weeks ago

Heeer Ghana now Ecg and Ghana water hmmm
So u intentionally increased the bills for profit just to come and laugh at us
Ghana government is a criminal

Heeer Ghana now Ecg and Ghana water hmmm
So u intentionally increased the bills for profit just to come and laugh at us
Ghana government is a criminal
Jimbo 3 weeks ago

Don't mind them. Settings nkoaa.

Don't mind them. Settings nkoaa.
Fodo me 3 weeks ago

This guy is a very big hole of the ass

This guy is a very big hole of the ass
O! Man 3 weeks ago

Why don't you engage SIGA first for their reports directly from them and analyse it first with their accountants or internal auditors first ,then if the didn't corporate ,then you can take false varying figures from Npp sourc ...
read full comment

Why don't you engage SIGA first for their reports directly from them and analyse it first with their accountants or internal auditors first ,then if the didn't corporate ,then you can take false varying figures from Npp sources?

Even so called think tanks are apparently also empty tanks like most of their class mate politicians.

Ghana must sideline these politicians and their classmates of incompetence if it must progress and develop
Togbi Gbagbladza 3 weeks ago

When you put olloyrayes in charge of serious government business they end up disgracing all the stupid party foolish bog men who think their party is on power so every vacancy should be filled with party idiots.
What a shame ...
read full comment

When you put olloyrayes in charge of serious government business they end up disgracing all the stupid party foolish bog men who think their party is on power so every vacancy should be filled with party idiots.
What a shame SIGA for going to town with useless accounting information.
Okatakyie 3 weeks ago

24 hour accounting and reporting at SIGA!

Clowns and liars

24 hour accounting and reporting at SIGA!

Clowns and liars
Kwame 3 weeks ago

Little brat.

Little brat.
Sappey Agboh 3 weeks ago

Bright Simons delightes in opposing everything just for the sake of of opposing. Is he an accountant or an auditor? Here is he making reference to reports of past periods and trying desperately to pin it on the current SIGA. ...
read full comment

Bright Simons delightes in opposing everything just for the sake of of opposing. Is he an accountant or an auditor? Here is he making reference to reports of past periods and trying desperately to pin it on the current SIGA. The current SIGA is not the author of the past years from 2021 to 2024, which strangely enough, nobody including Bright Simons didn't interrogate. However, because the current report did not reflect their expectations, then hell must break loose. Why is he jumping the gun without waiting for the Auditor General's report.
Stephen Donkor, New York. 3 weeks ago

@ Sappey Agboh.
Bright Simons is totally different from Franklin Cudzoe. He is more open and very diligent in his approach to issues. He says it as it is. So you can hate him for whatever reason. He won’t bulge to NDC’s ...
read full comment

@ Sappey Agboh.
Bright Simons is totally different from Franklin Cudzoe. He is more open and very diligent in his approach to issues. He says it as it is. So you can hate him for whatever reason. He won’t bulge to NDC’s “bend it and let me grease your palms” agenda.
Ago-Daddy 3 weeks ago

Criticizing everything including when we should and shouldn't have running stomach or cold can never be all we need to develop industrially as a nation. If you are truly an intellectual, you must focus more on what brings ec ...
read full comment

Criticizing everything including when we should and shouldn't have running stomach or cold can never be all we need to develop industrially as a nation. If you are truly an intellectual, you must focus more on what brings economic development and leave much of the criticism, which a times can be dirty and with some mudslinging to the politicians in opposition
Abugre 3 weeks ago

Bright is very right, I looked at the dividend drop and noticed something was amiss.
How do institutions declear so much net profit better than the previous year and yet pay smaller dividend?

Bright is very right, I looked at the dividend drop and noticed something was amiss.
How do institutions declear so much net profit better than the previous year and yet pay smaller dividend?

43 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Bright Simons calls out SIGA over controversial GH¢19.8bn profit claim

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (43)

Read Comments Comments (43)