Gov't must come clean on how GHC300m SADA cash was used - NPP

Anthony Karbo

Pro opposition pressure group, the Truth Forum, has called on government to explain how some 300 million cedis invested in the Savannah Accelerated Development Authority (SADA) was used.

Addressing a press conference in Accra on Wednesday, a member of the group, Anthony Karbo, said such an explanation will help bring clarity to allegations of financial malfeasance against the Authority.

He said SADA “lost a whopping amount of 320.00 Ghana cedis [out of the 300 million cedis] after supplying 714 bags of hybrid seeds to two service providers.”

“The biggest of this wastage was a sinkage of 48 million Ghana cedis into the guinea fowl and tree planting project,” he added.

Karbo, who is also the Deputy Director of Communication for the NPP, further argued that even though the government claims that it has invested in programmes such as SADA among others, “it is not trickling down into improving the lives of our people.”

“Our people are suffering more than ever, jobless more than ever, and hungrier more than ever. One can only assume that in a similar fashion, the rest of the 300 million cedis apparently allocated were all embezzled or craftily wasted,” Karbo added.

He, therefore, asked government “to release a breakdown of the 300 million cedis allocated, when it was released and how that money has been used.”

The Authority has come under immense scrutiny lately over some financial transactions, debt and questionable dealings exposed by the Auditor General’s latest report on the Authority, as well as parliament’s approval for SADA to operate a bank.



Source.pulse.com.gh