
Audio By Carbonatix
The last two years have witnessed a proliferation of acronyms in the corruption landscape. In this simplified table, ANN brings you a current list of terms and acronyms along with a succinct description of each.
GYEEDA | The payment of over GH¢1B to various friends and families for no value received |
SUBAH | The IT company paid over GH¢144M for monitoring services that it could not provide |
SADA | An investment of GH¢15M that yielded 6 “dual citizen akomfems.” |
FORTIZ | The friends and families who acquired a 90% stake in Merchant Bank for GH¢90M after an offer from Rand to buy 75% stake for GH¢176.4M had been rejected. |
E&P | The company, owned by the President’s brother, that owes Merchant Bank GH¢175M and has not made a payment since 2009. |
ISOFOTON | The company paid $1.3M in judgment debt for no value received |
CHRAJ | The Ombudsman that was castrated by the appointment of a political baby. |
WATERVILLE | The company that was paid $47M in judgment debt for no value received. |
Tony LOOTER | The man who controls 3 ministries, sits on several Boards and is legal counsel for the President and Austro Invest, the fictitious company that wanted part of the proceeds paid to Waterville |
AAL | The friends and family owned company that is demanding GH¢618 for supplying cars and services to the ministries. |
BARTON | The man whose role in paying Woyome was rewarded with a promotion to the Deputy Speaker of Parliament |
WOYOME | You self mo know! |
KABA MOULD | Attorney General of Judgment Debt |
EMBRAER | The committee set up by President Mills to investigate Vice-President Mahama for his role in the negotiation and purchase of over-invoiced military aircrafts from Brazil. |
JUSPONG | The Zoomlion of Raiding the Treasury. Involved in so many questionable transactions. |
BGMS | Managed to borrow from Government at 0% interest rate and loaned the proceeds to government at 1,200% interest rate. |
RLG | The Ali Baaba of the National Treasury. |
JD 600 | Refers to the over GH¢600M Judgment Debt paid by Mills/Mahama in 3 years. |
Compiled by ANN, Somanya
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