Daily Heritage December 15

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02 CONTENT DAILY HERITAGE FRIDAY, DECEMBER 15, 2017 DAILY QUOTE "I have not failed. I've just found 10,000 ways that won't work." --Thomas A. Edison ANNIVERSARIES 25 Dec, Christmas Day 26 Dec, Boxing Day 01 Jan 2018 New Year Published by: EIB Network / Heritage Communications Ltd. Managing Editor: William Asiedu: 0208156974 Ag.Editor: Kweku Gyasi Essel: 0244744973 ISSN: 0855-52307 VOL 7 Location: Kasapa FM building, Adabraka. Box AD 676, Adabraka, Accra, Ghana. Telephone: +233-0302- 236051, 020-8156974 026-5653335 Adverts/Mktg: Paul Ampong-Mensah 024-4360782 Fax: +233-0302-237156 Email: news@dailyheritagegh.com.gh heritagenewspaper@yahoo.co.uk www.dailyheritage.com.gh WORLD BUSINESS Mandela family angry over funeral money misuse PG.04 Omnibank partners Intercity STC to boost operations POLITICS SPORTS Oye Lithur to contest NDC Women’s Organiser post PG.11 We are aiming for medals – Bombers PG.10 PG.15 s BY KOJO ANSAH, NEW JUABEN A YOUNG man identified as Kwasi Anthony, a trader, has been stabbed to death by a-20-year- old man, Kwame Kwakye, during a fight that ensued between the two in the New Juaben Municipality of the Eastern Region. It was alleged that Anthony accused Kwakye of insulting his(Anthony’s) mother, an accusation that, according to eyewitnesses, resulted in a fight, leading to Anthony being stabbed to death. • CONTINUE ON PAGE 3 •The Suspect Man hacks kinsman to death • Over alleged insult against mother The Station Officer at New Juaben Municipal Police Command, Chief Inspector Ebenezer Sakyi, while confirming the incident to the DAILY HER- ITAGE, said investigation was continuing while the suspect was being processed for court. According to the police, Anthony, who lived at Koforidua- Betom visited his parents at Srodae in the same municipality and upon reaching there, he was informed by Night watchman faces jail BY MUNTALLA INUSAH muntalla.inusah@dailyheritage.com.gh A33-YEAR- OLD night watchman at the Animal Production Directorate of the Ministry of Food and Agriculture, Mustapha Yakubu, has found himself at the wrong side of the law after he caused damages to four airconditioners at the ministry. His reason was that he has not been paid his salary for the past seven months. Yakubu has been arraigned and charged with unlawful damage but pleaded not guilty to the charge. After closing his defence the court set December 22 to deliver judgment in the case. In court yesterday prior to ending his defence, Yakubu told the court presided over by Her Worship Ms Arit Nsemor that he was influenced by the fact that he had not been paid his salary for seven months. But the prosecution said he was not paid because he had refused to subject himself to the head count exercise ordered by the Controller and Accountant General’s Department which is part of the process for all government workers to go for the biometric registration exercise. He told the court that despite destroying the air-conditioners valued at GH¢12, 000 he committed the act with a machete which has been admitted to evidence. He told the court that his money had still not been paid to him. Testimonies Four witnesses were produced by the prosecution led by Sergeant Joyce Ofori to give evidence in court. And Mr Frank Yeboah, the second prosecution witness in the case, who works at the Animal Production Directorate, said he had known Yakubu for the past six years. He told the court that on November 23, at about • After destroying Agric Ministry’s air-conditioners • Says he has not been paid 7 months’ salary 8:30a.m., when he arrived at the office a cleaner by name Veronica Tetteh reported to him that Yakubu had vandalized four of the office air-conditions. According to him, after the inspection, he called the watchman and he confessed that he was the one that vandalised the properties and the electrical appliances that accompanied them. When asked to tell the court how much the air-conditioners cost, he said the mechanic who services them said each of them • Mustapha Yakubu, the watchman cost GH¢3, 000, meaning the four would amount to GH¢12, 000. He said he reported the matter to the chief director of the Animal Production Directorate, Mr Kwamena Ampofo, and he instructed that the matter be reported to the police. Cleaner, investigator give evidence Ms Tetteh, the cleaner of the directorate, told the court that upon arriving at work and she realised from their changing room that one of the air-conditioners had been damaged. She said she went round and realised that three additional airconditioners had been damaged and upon interrogating Yakubu, he said he was the one that spoiled them. She subsequently reported the matter to her bosses. Detective Lance Corporal Lawrence Darko Peasah, the investigator in the case, in his evidence, told the court that after the report was made at the Ministries Police Station, he invited the suspect and after investigation, he was was charged. He said upon arriving at the scene, he found that four airconditioners had been destroyed and a machete the accused person used in destroying the air-conditioners and destroyed padlocks were retrieved.
WWW.DAILYHERITAGE.COM.GH DAILY HERITAGE FRIDAY, DECEMBER 15, 2017 IMANI takes on BOST NEWS DESK REPORT THE CHIEF Executive Officer (CEO) of IMANI Ghana, Mr Franklin Cudjoe, has commended the Bulk Oil Storage and Transportation Company (BOST) for making profit of GH¢35 million in 10 months. The IMANI boss described the move as a plus linking it to a similar success choked by the State Transport Company (STC) in declaring profits in less than a year under their respective leaderships. But Mr Cudjoe said even though “I have no cause to doubt the claims of the current leadership of BOST in posting a GH¢35m profit in 10 months, I need a little clarification on exactly what financial strategies were adopted to clear the legacy and current debts of BOST before declaring profit in 2017.” He said “This is commendable indeed, except, I haven’t seen the dummy cheque from BOST, indicating the total dividends it will be paying to government,” Mr Cudjoe stated. He said “I had witnessed the presentation of a $700,000 cheque by the CEO of STC to the Finance Minister at an event that bemoaned the economic inefficiency of stateowned enterprises in spite of their great potential. “Never mind if STC’s successes were in part due to the efforts of the immediate past CEO under the previous government- what matters is the rather open, transparent and efficient manner the challenges of STC were dealt with then and now.” In a release copied to the DAILY HER- ITAGE, he demanded ways that led to the recollection of BOST debts, especially the partially unpaid debts of $100m in 2008 incurred due to the sale of Ghana’s strategic oil reserves at below market prices, unpaid debts of $235m in 2014 due to the sale of Ghana’s strategic oil reserves yet again at below market prices and an additional but increasing $100m of trade • Over GH35m profit in 10 months • Mr Franklin Cudjoe, IMANI boss losses being incurred in 2017 solely due to selling Ghana’s strategic oil reserves at heavily subsidised prices. Mr Cudjoe referred Ghanaians to the history of similar claims by previous managers of BOST only for strange outcomes after a few months. For instance, on August 11, 2015, the immediate past BOST CEO under the National Democratic Congress government told Ghanaians BOST made a $21m profit under his able leadership. He added that a couple of months later, on December 20, 2016, “we were told BOST had posted GH¢32m loss. Here we are a year on in December 2017and a new management tells us BOST has made a GH¢ 35m profit as a result of great leadership without any details of how almost $335m debt incurred by the previous and current regimes have been paid.” “Can BOST walk us through how they made a GH¢35m profit in 10 months against all the above?” Mr Cudoje quizzed. The IMANI boss said, “Folks, let us face it, it is difficult to believe BOST can ever make profit, when its truncated mandate has been selling oil products meant to be strategically held in trust for the state to the public at artificially low prices in its quest to compete with private companies that have been licensed to sell same products at competitive rates. “These significant losses in the sale of oil products are politically induced to benefit state assigns. In the end, you and I have to cough up the levies to bail out a wasting state company that should not be trading oil reserves it is mandated to hold for at least six weeks with options to dispose of. “And replenish stocks without artificially upsetting the market with suppressed prices and changes in the physical properties of oil products.” According to him, the State Enterprises Commission and the Finance Ministry must “These significant losses in the sale of oil products are politically induced to benefit state assigns. In the end, you and I have to cough up the levies to bail out a wasting state company that should not be trading oil reserves it is mandated to hold for at least six weeks with options to dispose of. take one critical look at BOST and “I will not be surprised if they came to the conclusion that the best way to strategically hold oil products in trust for us would be to let private oil companies do so with some financial assurance, because BOST, by its structure and operations, easily lends itself to rent seeking and economic atrophy.” Man hacks kinsman to death • READ FROM PAGE 2 some occupants of the house that Kwakye, a family member, had been insulting his (Anthony’s) mother using vulgar words against the woman. • Over alleged insult against mother This, according to the police, infuriated Anthony and so he confronted Kwakye in his room, which resulted in a fight during which Kwakye pulled a machete and hacked Anthony’s left thigh. Anthony bled profusely and was rushed to Koforidua Regional Hospital but pronounced dead on arrival. Anthony’s body has been deposited at the morgue while Kwakye has been arrested by the New Juaben Municipal Police Command. •The deceased’s hacked thigh
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