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All African Games LOC confirmed Akufo Addo’s US$48 million “operational expenses”: Hon Sam Okudzeto Ablakwa

Following the All African Games LOC’s explanations regarding Hon. Sam Okudzeto Ablakwa’s expose that the government has budgeted US$48 million in “operational expenses” for the All African Games, Hon. Sam Okudzeto Ablakwa has disclosed that the Local Organising Committee (LOC) of the All African Games has confirmed his investigations.

According to the LOC, “the 48 million quoted in the letter leaked by Hon. Ablakwa as the operational budget for the hosting and organisation of the games goes into recurrent expenditure, and the LOC will be in a better position to give a breakdown when the games are over.”

Recurrent expenditure, as used in the explanations above, is the same as operation expense in accounting.

Based on the above paragraph in the response given by the LOC, Hon. Ablakwadid indicates that the LOC has confirmed that the government was spending the amount his investigations made public.

Below are the full details he put out after the response from the LOC.

 

The LOC has duly confirmed my impeccable and incontrovertible findings that the Akufo-Addo/Bawumia government is spending a staggering US$48million (GHS602million) on “operational expenses” in hosting the 13th African Games.

This figure is distinct from the US$ 195 million (GHS2.4 billion) already spent largely on infrastructure.

I note from their press statement that they disingenuously avoid a response to the fundamental concern of proceeding to spend GHS602 million when Parliament approved GHS100 million.

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It is most bizarre for the LOC to state in its third paragraph that they can only provide a breakdown of the US$ 48 million (GHS602 million) when the games are over. The logical question that arises is how they came to the conclusion that they need US$ 48 million if they do not have a breakdown.

Our parliamentary caucus will not renege on our constitutional mandate of demanding full accountability.

More revelations soon.

For God and Country.

The US$48 million “operational expenses became public knowledge after Hon. Sam Okudzeto Ablakwa’s expose on the matter.

READ: Bombshell: Ghana is now buying cocoa from Cote D’Ivoire & Nigeria

 

 

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