Ablakwa probes ‘mysterious’ $20m arrival at KIA, fingers BoG

• Aug 28, 2024

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, raised serious concerns regarding the arrival and handling of a substantial sum of money at Kotoka International Airport (KIA).

The MP revealed via social media that he is closely monitoring the movement of US$20 million in cash, which was cleared by Bank of Ghana officials after arriving in Ghana that afternoon.

On August 27, Ablakwa expressed his apprehensions about inconsistencies in the documentation provided by the Bank of Ghana.

He stated, “The Bank of Ghana must offer explanations on why supporting documents are not consistent with the content of its August 21, 2024 letter to custom and airport officials seeking to clear the uncirculated banknotes.”

The MP highlighted a significant discrepancy, noting that although the Bank of Ghana claimed the money was ordered by the Central Bank of Liberia, “other intercepted documents including an air way bill indicate emphatically that the consignee is the Bank of Ghana and not the Central Bank of Liberia.”

Ablakwa further revealed that he is working with international partners to track the movement of the funds, stating that he intends to confirm whether the entire amount will indeed be transferred to Liberia as claimed, and if so, when this will take place.

He underscored the importance of transparency in the handling of such a large sum of money, especially given the discrepancies in the documents.

“My international partners and I will keep tracking this US$20 million cash from London to confirm if indeed the fresh banknotes will be transferred to Liberia, when the transfer will be carried out and if the full amount will be transferred,” Ablakwa emphasized.

The Bank of Ghana has yet to respond to these claims, and the situation continues to unfold as more details emerge.

tigpost.co