Dr. Sekou Nkrumah says K.T. Hammond should spare Ghanaians his “crocodile tears”.
The former Deputy Energy Minister almost shed tears as he tapered off his testimony before the judgment debt Commission, Monday, about the whereabouts of US$3.5Million of US$24Million realised from the sale of a drillship in 2001.
An emotional and near-teary K.T. Hammond complained to the Commission about how bad press concerning his role in the vessel’s sale, was virtually killing his mother.
“…My mother is dying because of this”, he cried to the Commission.
However, Dr. Nkrumah, youngest son of Ghana’s first President, Dr. Kwame Nkrumah, told XYZ Breakfast Show host Moro Awudu Tuesday that: “Even people are now…shedding crocodile tears and so on”.
According to him, “who cares about your mother or grandmother in the village?”
US$19.5Million of the sale proceeds was used to pay off a judgment debt award slapped against the Ghana National Petroleum Corporation (GNPC) in favour of French Bank Societe Generale by an English Court.
US$900,000 was deposited into an escrow account to settle GNPC’s indebtedness to some of its creditors and suppliers while US$100,000 was used to pay legal fees concerning the sale transaction.
The missing US$3.5Million, according to K.T. Hammond and his former Boss, Albert Kan-Dapaah, was deposited into an account of the Government of Ghana at the Ghana International Bank in London on the orders of the then Acting High Commissioner, Chris Kpodo.
