SADA blows GHC 200m seed money

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• BRANDY 11 years ago

  Therefore, if the President wants to convince the suffering Ghanaians for the need for seed money for SADA again then the people would want to see serious actions to retrieve the looted GHC 200m seed money back to the coffers ...
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  Therefore, if the President wants to convince the suffering Ghanaians for the need for seed money for SADA again then the people would want to see serious actions to retrieve the looted GHC 200m seed money back to the coffers of SADA.
  Looking at how SADA finances have been looted, one is tempted to believe the opposition New Patriotic Party’s (NPP’s) allegations that the huge budget deficit we saw in 2012 fiscal year was partly because of corruption and mismanagement by the Mahama government. For, how would a whopping GHC 200m (c2 trillion) genuinely paid for economic advancement of the poor people of the North end up in the pockets of greedy people? Was that a productive investment? Was that a pro-poor investment? Who would continue to pay the high interest on the GHC 200m, the people of Ghana or the looters? Who would pay back the GHC 200m principal itself when the maturity period is due? In this era of economic crunch and punishing austerity measures in Ghana where would government get resources to provide another seed money for SADA to function in future? What is the guarantee that a newly-financed SADA will be free from looting again?

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• muniru 11 years ago

  we still demand their arrest and punishment. mahama must listen if he is not part of them.

  we still demand their arrest and punishment. mahama must listen if he is not part of them.

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• Wofa Kwame 11 years ago

  Gilbert Iddi is to blame for the SADA mess.
  
  The man who can't see a pesewa that he doesn't want to steal. And guess what? He doesn't even use toothpaste because his mouth smells worst than his anus. Arrest that thief now!
  ...
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  Gilbert Iddi is to blame for the SADA mess.
  
  The man who can't see a pesewa that he doesn't want to steal. And guess what? He doesn't even use toothpaste because his mouth smells worst than his anus. Arrest that thief now!
  
  Kwame

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• man 11 years ago

  God will punish these thieves.

  God will punish these thieves.

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• Whatever 11 years ago

  Pure speculation

  Pure speculation

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• DONBOLI 11 years ago

  When somebody tell you he or she is buying 200m cedis of seeds, whats come to mind is that, that person is calling you a fool or he is stupid.
  The SADA is not for planting trees, it was form to buy machines to open factorirs ...
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  When somebody tell you he or she is buying 200m cedis of seeds, whats come to mind is that, that person is calling you a fool or he is stupid.
  The SADA is not for planting trees, it was form to buy machines to open factorirs in the three region.
  200m Rice seed can put a rice factory going for a year. With out the factories it useless farming.
  The northern regions only need factories to be able

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• Gifthy, USA 11 years ago

  well said.
  Over to you, Mr President, if you are listening.

  well said.
  Over to you, Mr President, if you are listening.

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