Press Review 19 - 11 - 2001

Daily Graphic

Go for the tax reliefs

Govt will make assemblies mobile

Repay Social Security Loans

‘Be moderate in demands’

High Street Journal

More firms enter Ghana’s life insurance market

Stanchart introduces first drive through ATM

Ghanaian Times

Stampede at Legon

President urges Ghanaians to protect democratic system

The Ghanaian Chronicle

Fraud & serial looting at Volta Hotel

Malam Isa heads for Supreme Court

The Ghanaian Voice

All those stories are lies - Civil Aviation

Public Agenda

Rawlings and the Castle junction bomb

Man on trial for crossing Kufuor's motorcade

 

 

Daily Graphic

Go for the tax reliefs

 

The Deputy Secretary-General of the Trades Union Congress (TUC) in charge of Operations, Mr. Kofi Asamoah, has called on workers to take advantage of the introduction of upfront payment of tax relief by the government, state paper the Daily Graphic reports.

 

He therefore urged them to prevail on their employers to take the necessary steps to ensure that workers benefit from the relief announced in this year’s budget statement to improve their earnings.

 

In a statement issued in Accra by the Public Affairs Secretariat of the TUC, Mr Asamoah explained that, “the new procedures to ease the difficult and cumbersome procedures enjoin the employer to collect forms from the Internal Revenue Service (IRS) and ensure that data concerning their employees are entered on the forms and returned to the IRS for processing”.

 

Under the relief, an individual with a dependent spouse or at least two children could have 300,000 cedis a year, while a physically challenged person engaged in a business or employment will have 24 per cent deducted from his accessible income.

 

Persons above 60 years are also entitled to 300,000 cedis a year as relief from any business or employment, while children’s education relief is pegged at 240,000 cedis a year to any person sponsoring the education of his or her child or ward in recognised educational institution, but limited to three children.

More…/

 

Govt will make assemblies mobile

 

The government has assured District Assemblies that all efforts are being made to acquire the right type of vehicles for them to work with.

 

It said 23 out of 110 Hyundai Gallopers Station Wagons which were acquired for them had proven inefficient and there is, therefore, the need to look for another type, preferably, Nissan or Toyota 4x4 to enable them to discharge their duties effectively.

 

The Minister for Local Government and Rural Development, Mr Kwadwo Baah Wiredu, who gave the assurance in an interview, said the contract between the government of Ghana and African Automobile Limited (AAL) for the supply of vehicles has been abrogated.

 

He said the remaining 87, which arrived at the port, will not be accepted by the government. Mr Baah-Wiredu said the vehicles apart from performing unsatisfactorily are also sophisticated and will cost the government a lot of money to maintain.

 

He said the district assemblies are currently using the Poverty Alleviation vehicles and reiterated that soon the right vehicles will be acquired and put at their disposal.

 

Mr Baah-Wiredu said the AAL has agreed to replace the gallopers with Pajeros but indicated that, “we need to have our technical experts to assure us that they can perform before we accept them.”

More…/

 

Repay Social Security Loans

 

The Asantehene, Otumfo Osei Tutu II, has reiterated the need for beneficiaries of the Social Security and National Insurance Trust (SSNIT) Students’ Loan Scheme to repay their loans to ensure its sustainability and effective development of education especially at the tertiary level.

 

He said although beneficiaries of the scheme such as doctors, accountants, engineers, information technology specialists and administrators, are in lucrative employment and could easily repay the loans, they have blatantly refused to do so making it very difficult for the schemes’ expansion.

 

Otumfuo Osei Tutu, therefore, urged friends and parents of the beneficiaries to put intense pressure on them to repay the loans to motivate SSNIT to continue with the scheme to ensure the effective development of the country’s human resources.

 

He said “unless the obligation of repaying the loan is met, SSNIT will feel totally discouraged to continue with the scheme.”

 

Otumfuo Osei Tutu said information available to him indicate that as much as 180 billion cedis of loans disbursed to students to enable them to complete their courses successfully have not been paid back.

More…/

 

‘Be moderate in demands’

 

The Minister of Information and Presidential Affairs, Mr. Jake Obetsebi Lamptey has appealed to Ghanaians to be moderate in their demands for improved standards of living and contribute towards the success of the macroeconomic policies being pursued by the government.

 

He said the sound policies of the government over the past 10 months have resulted in the stabilisation of the major foreign currencies, and lower inflation rates among others. The minister said the success of the programmes is a clear indication that government policies are on track and called for patience.

 

Mr Obetsebi-Lamptey made the appeal at the 5th Speech and Prize Giving Day of Nifa Secondary School at Adukrom-Akuapem in the Eastern Region at the weekend.

 

He reiterated the government’s commitment to ensuring that living standards of people improve through the even distribution of the “positive change will not come by a sudden flight but with the support of all and sundry”.

 

Narrowing his appeal down to teachers, the minister called on them to continue to show greater dedication and commitment to their work and help turn out the best human resources needed to rebuild the economy.

 

He said the government is aware that teachers just like workers, will not be satisfied with what they get but asked them to make do with what they are receiving now as steps are taken to improve the lot of all working people.

GRi…/

 

Send your comments to viewpoint@ghanareview.com

 

Return to top

 

High Street Journal

More firms enter Ghana’s life insurance market

 

There have been a number of new entrants into Ghana’s life insurance market over the last two years according to The High Street Journal (HSJ). The Life under-writing firms, which stood at 15 in 1997 dropped to thirteen after Great Africa, Crusader, Trans Universal and Reliance were delisted from transacting any business.

 

The firms have however risen to fifteen with Enterprise Life Insurance Company being the latest. Other players in the vastly improved market include State Insurance Company, (SIC), GLICO, Metropolitan, Ghana Life, Vanguard, Provident, Star Assurance, Donewell, Quality, Beacon, CDH Insurance, Unique, Phoenix and Network Assurance.

 

Although Phoenix and Network are registered as a composite company to transact both Life and non-Life businesses, the former’s class is not too active a portfolio.

 

The HSJ says the increase in the number of operating firms over the past two years has actually intensified competition, forcing higher levels of efficiency in service delivery and corporate performance.

 

The number is expected to rise still, to give further impetus to the drive for better service delivery and efficiency as completion mounts.

 

Out of these fifteen firms, three companies GLICO, Ghana Life and ELAC - specialize solely in life underwriting.

 

By the end of 2000, total asserts for eleven life underwriting companies that took part in HSJ survey stood at 73.8 billion cedis representing annual growth of 39 per cent since 1999 when total asserts stood at 38.5 billion cedis. Gross premium at the end of 2000 amounted to 32 billion cedis and total shareholders funds went up to 13.19 billion.

More…/

 

Stanchart introduces first drive through ATM

 

The Greater Accra Regional Minister, Sheikh I.C. Quaye, has commended Standard Chartered Bank Ltd (Stanchart) for its leading role towards advancing improvement in the banking sector. He said such dynamism on the part of the bank has promoted a mutually beneficial relationship for both the private and public sectors of the economy.

 

“We in the Government continue to monitor the progress of Stanchart and note with admiration the fact that the bank has long been an integral part of the financial landscape in this country,” he stressed.

 

Sheikh Quaye made the observation during the launching of the First Drive Through ATM in Ghana, in Accra last Thursday. The Drive Through ATM, is unique in the sense that a customer can withdraw money in the comfort of his vehicle, without necessarily coming out.

 

He expressed the hope that Stanchart will continue in its bid to support the Government’s efforts as the economy is now showing signs of recovery to ensure sustainable growth and development in the years ahead.

 

He expressed the hope that Stanchart’s deposits and loans would reflect the bank’s contributions to national development especially in the key sectors such as health, education, agriculture and the environment as the economy improves.

 

The Regional Minister re-emphasized the government’s bid to adequately strengthen the financial sector to enable it spearhead the expected growth of the private sector.

 

“We are optimistic that with the support of the banking sector, government’s economic policies and interventions will soon bear fruits,” he added.

 

On the minimum deposits required by some banks when opening an account, Sheikh Quaye lamented the new minimum of 500,000 cedis as a deterrent and over and above the average Ghanaian worker, adding that the policy has the tendency to have a negative impact on the level of savings and invariably affect the economy.

 

He, therefore, implored the banks to review the policy in order to accommodate and encourage a lot more people, especially workers in the public sector, to save and also to enjoy the distinguished services offered by leading financial institutions in the country.

GRi…/

 

Send your comments to viewpoint@ghanareview.com

 

Return to top

 

Ghanaian Times

Stampede at Legon

 

There was pandemonium in the three-storey Balme Library Annex of the University of Ghana on Saturday, when one of the ceiling fans on the third floor caught fire during an examination, reports The Ghanaian Times.

 

As a result, one student was seriously injured when he jumped from the second floor to the ground. Many others also had various degrees of injury when they tried to escape.

Students, numbering about 800, were writing an Interim Assessment (IA) examination in political science when the incident occurred.

 

Speaking to the paper after the incident, most of the students, who were gasping, said that about 10 minutes into the examination, they heard an unusual noise from the third floor.

Consequently, they started rushing out of the building. Whilst some thought it was an earth tremor, others said they thought that some terrorists had bombed the building.

 

The Times investigations however indicated that one of the ceiling fans on the third floor developed an electrical fault and caused sparks and smoke.

 

On seeing the sparks, one of the students shouted, "Get out! Fire!" and started to run. This created a pandemonium, which made the building to shake as the occupants of the third floor started to run helter-skelter.

 

Some of the students were worried that the three-storey building did not have any emergency exits. The examination paper they were writing had consequently been postponed indefinitely.

More…/

 

President urges Ghanaians to protect democratic system

 

The President J.A. Kufuor has called on religious leaders in the country to continue to pray for Ghana to ensure that whoever gets to the Castle to occupy the presidency is the real choice of the people.

 

He said Ghanaians are generally God-fearing people and live in a society of low extremism and total tolerance for one another. He therefore called on Ghanaians to protect this type of society where there is perfect understanding among the people irrespective of one's political, social, and religious background.

 

President Kufuor said this in Accra on Sunday when the Association of Muslim Chiefs called on him at the Castle, Osu.

 

"We must uphold this type of society and always remember that the era where brute force was used to move people the way some individuals wanted it, is over". "If people don't see things the way we see it, force, I think, should not be used to let them see things the way we see them", he said. He said the rule of law, which is the Constitution of Ghana is what all Ghanaians must go by.

 

According to him, Ghana is surrounded by unstable nations whose problems emanated from misunderstanding and intolerance and asked the chiefs to pray to God to ensure Ghana is spared of anything that will tear her people apart.

 

The President explained that his all-inclusive call is aimed at stressing to the people of Ghana the need for unity in diversity for the overall growth and development of Ghana.

 

He regretted that Ghana, over the years, went through a period of winner takes all in her political arena, thus denying the country the benefit of the expertise of people who never shared the political ideology of the government.

 

He said his government would continue to tap the intellectual expertise of every Ghanaian, no matter his political affiliation for the benefit of the nation as a whole.

 

As human beings, he noted that there may be differences in our beliefs and thinking but urged that such difference should not be allowed to derail the fortunes of the country.

GRi…/

 

Send your comments to viewpoint@ghanareview.com

 

Return to top

 

The Ghanaian Chronicle

Fraud & serial looting at Volta Hotel

 

Far away in the Dam city of Akosombo, a very damming audit report of Akosombo Hotel, which established acts of corruption, fraud and financial irregularities against some public officers kept the Bureau for National Investigation (BNI) working for several months, says The Ghanaian Chronicle.

 

Before the BNI could up their investigations, the General Manager (GM) of Akosombo Hotel, Mr Edem Kpodo, unwillingly sacrificed his job to compensate for his dismissal, whilst officers from the government agencies caught in the net quickly run to the government to refund monies they illegally squandered, according to Chronicle.

 

Government sources told the paper by Sunday evening that various sums of local and foreign currencies have been recovered.

 

The highlights of the findings of the internal audit report include cases of double payments for goods supplied to the hotel, window dressing of accounts, irregular accounting treatment of deposit refunds, tax evasion etc.

 

The all-indicting 24-page report began with the treatment of cash deposit refunds by the General and Finance Managers.  The refunds are in respect of monies paid in advance by government agencies to the hotel's management for seminars and conferences, which did not take place.

 

"We observed an irregular accounting treatment of cash deposit refunds in respect of conferences and seminars Ministries, Departments and Government Agencies (MDS's) mostly cheques were cashed over the bank counter on account of these refunds".

 

What it means is that monies, which were paid by these ministries, and government agencies, including the Castle, Osu, in respect of conferences, which did not take place were not credited to the accounts of the respective agencies. Rather, the management of the hotel colluded with officials from those departments and issued personal cheques to enable them to cash the money over the counter.

 

Hardcopy evidence indicate that between January 1999-December 2000 alone, a total refund of ¢175,404,560 and US$2,931 and ¢336,500 was made through separate cheques.

More…/

 

Malam Isa heads for Supreme Court

 

Former Youth and Sports Minister, Malam Ali Yusuf Isa, last Friday filed a notice of appeal at the Supreme Court to challenge his four-year conviction by the Fast Track High Court for stealing and fraudulently causing financial loss to the state, which conviction was upheld by the Court of Appeal recently.

 

The grounds of appeal filed by his counsel, Mr Ambrose Dery, include a suggestion that the Fast Track Court conducted the trial of the convicted Minister in a hasty manner, which deprived him of his fundamental right to a fair trial under the Constitution.

 

The grounds also cited the refusal for the Fast Tract Court to stay proceedings for Supreme Court to determine an appeal against the dismissal of a submission of no case to answer and the constitutionality of the second charge against Isa, as examples of the haste with which the trial was conducted.

 

Counsel also argued that the Fast Track Court's refusal of his applications for necessary adjournments to enable him facilitate the preparation of his defence was another example of the hastiness of the trial. His right of appeal under the Constitution was also held back by high fees peculiar to the Fast Track Court system, the notice said.

 

The notice also stated that the confirmation of his conviction by the Court of Appeal has caused him a substantial miscarriage of justice.

 

It stated further that the Court of Appeal erred in law when it failed to evaluate the relevant evidence on record, and failed to determine whether the circumstantial evidence by the prosecution led irresistibly to his guilt.

GRi…/

 

Send your comments to viewpoint@ghanareview.com

 

Return to top

 

The Ghanaian Voice

All those stories are lies - Civil Aviation

 

The Ghana Civil Aviation Authority (GCAA) says it will, within the next few days organize a media conference to touch on certain falsehoods circulating in certain circles in the country, reports The Ghanaian Voice.

 

There has been recent circulation of unsigned letters highlighting on certain negative but false issues affecting the Authority.

 

Mr Aspden, the project Director of the Joint Venture Company handling the airport expansion project has said that work has not stopped on the Airport Expansion Project. "It is not at a standstill and if you go to the project site you will see that everything is proceeding according to schedule," he said.

 

The managing director P.W. the contractors on the project, Mr Sam Priddy, also told the paper that they have been paid up-to-date for work so far done on the project.

 

Efforts to reach the acting Director General of the Ghana Civil Aviation Authority met his absence as he was said to have travelled out of the country. When the GCAA board chairman, Dr Amoako Tuffuor was contacted for his comments, the 'cool-head' could not hide his disgust and described those peddling such lies as wicked, blatant and disgraceful.

 

He said the GCAA had been paying $1.4m to the companies involved in the project monthly and that there was nothing like people going on demonstration and strike or the project getting to a standstill. "All those using these foul tactics to smear the GCAA have their own agenda,” he said.

GRi…/

 

Send your comments to viewpoint@ghanareview.com

 

Return to top

 

Public Agenda

Rawlings and the Castle junction bomb

 

The Public Agenda writes that ex-President Jerry John Rawlings has thrown another 'bomb' into Ghanaian politics with his disclosure that it would be easy to place a bomb at the Osu Castle crossroads.

 

The former President was quoted last week Thursday in an Accra private newspaper, The Independent, as saying that he (Rawlings) had once been told by some foreign security consultants, when he was President, that it would be easy for a bomb to be placed near where the traffic policeman stands at the crossroads leading to the Castle Drive.

 

This revelation had predictably generated partisan responses from both sides of the political divide. Both Rawlings' immediate aides and leading party functionaries have been trying to distance themselves from this latest controversial statement from the former President.

 

The ex-president's aide, Victor Smith, had a convenient alibi in explaining that he had just returned from a foreign trip and could therefore not comment on the statement.  Another aide, Tony Aidoo, had his phone locked, while that of Ekow Spio-Gabrah of the NDC re-organisation committee strangely went off on three consecutive occasions when the subject was introduced to him. He answered the calls alright but when the subject was introduced, his cellular phone went off on all three occasions, says the Agenda.

More…/

 

Man on trial for crossing Kufuor's motorcade

 

A 29-year-old motorist who allegedly dangerously crossed President John Kufuor's guards has been hauled before the Madina Community Tribunal in Accra.

 

The motorist, Nana Atsafor Asmah was driving a Mitsubishi space wagon with registration number GR 680 F on October 10 from Adenta to Sakumono along the Tetteh Quarshie Circle. On reaching the section that joins the Spintex Road, he is said to have ignored the presidential siren and crossed the President's guards, according to the Police charge sheet.

 

The police report said the driver did not stop but rather sped off. He was given a chase and arrested on the Spintex Road. The police brief said Asmah failed to give any tangible reason for his action.

 

"He resisted and refused to drive the vehicle to the Motor Traffic Unit of the Airport Police Station," the police brief said.

 

Asmah has therefore been charged for two offences. First, for dangerous driving, "which nearly caused an accident" and failure to produce driving licence for inspection by a police officer in uniform.

 

However, Asmah says it is untrue that he drove dangerously, crossed a presidential motorcade and failed to produce his driving licence. According to him there was no presidential convoy in sight on the said day.

 

Asmah rushed to the offices of Public Agenda to narrate his experience. It was about 10:30 pm and he was driving from Adenta towards the Spintex Road. Before entering the Tetteh Quarshie Roundabout, Asmah recalls hearing distant sirens, but they were nowhere in sight.

 

He went round the roundabout and entered the Spintex Road without any incident.  Asmah had been driving on the Spintex Road for a while when he noticed bright headlamps flashing from his rear. Initially, he thought the driver of the car behind him was just signalling that he was overtaking his Space Wagon.

 

Asmah said he subsequently gave way for the car to overtake, but the occupants of the car had other ideas. After overtaking his rickety Mitsubishi Space Wagon, the car crossed him. A second one came by his side and a third at the back, sand-witching him between the three cars.

 

The next thing he noticed was a foot flying at his face, sending Asmah' spectacles airborne. "One of the guards hit me on the ridge of my nose with a gun butt."

 

He was subsequently slapped across the face several times and pulled onto the ground with the guards still assaulting him.

 

"They lifted me into one of the cars and drove back towards the roundabout.  Sand-witched between two well-built men, they subjected me to both verbal and physical torture from the Spintex Road to the Airport Police Station," Asmah told Public Agenda.

 

Asmah says after multiple beatings he was thrown into the Airport Police Station cells until the following day when made to visit the hospital due to the multiple injury he sustained. A medical report from the Airport clinic said Asmah suffered from multiple facial abrasions as a result of the encounter. Hearing of the case continues on Monday November 19.

GRi…/

 

Send your comments to viewpoint@ghanareview.com

 

Return to top