Audio By Carbonatix
Seeing that President Akufo-Addo is currently in Oslo, Norway and considering his earlier spirited defence of the Oslo Chancery scandal, he may want to take advantage of his official visit to Norway to confirm latest developments.
The controversial property which Ghana had taken steps to purchase in 2018 for NOK 105,180,000.00 equivalent at the time to US$12,218,487.13 but for the vigilance of the NDC Minority in Parliament has now been re-advertised on the Norwegian property market following the Ghana Government's withdrawal from the transaction. (Link to advertisement provided below)
Strangely, this time around the property is selling for only NOK 70,000,000.00 equivalent to US$7,469,140.00. A hefty reduction by NOK35,180,000.00 or US$3,753,706.00 at today's exchange.
Interestingly, the US$3.7million reduction is despite claims contained in the new advert for sale that the property has only recently been massively renovated.
What Ghana was going to pay US$12.2million some 14 months ago is now on the market for others at US$7.4million (a whopping US$4.8million difference). This is at a time analysts say properties on the Norwegian real estate market have been appreciating in value.
Clearly, another vindication of the Minority and an important victory for the kind of parliamentary oversight which protects the public purse.
It is my prayer that the President takes up my appeal to him to personally verify these latest facts while in Oslo, as he will return to Ghana with a new resolve to depart from his rather unhelpful and widely criticized practice of hurriedly clearing his appointees.
I wish him and his delegation traveling mercies.
What Ghana was going to pay US$12.2million some 14 months ago is now on the market for others at US$7.4million (a whopping US$4.8million difference). This is at a time analysts say properties on the Norwegian real estate market have been appreciating in value.
Clearly, another vindication of the Minority and an important victory for the kind of parliamentary oversight which protects the public purse.
It is my prayer that the President takes up my appeal to him to personally verify these latest facts while in Oslo, as he will return to Ghana with a new resolve to depart from his rather unhelpful and widely criticized practice of hurriedly clearing his appointees.
I wish him and his delegation traveling mercies.DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
MTN Ghana Foundation and Cal Bank launch 2026 Save a Life blood donation drive
7 minutes -
Kojo Antwi, Medikal to headline Ghana @69 Independence concert in Paris
15 minutes -
Commonwealth Council holds talks with MiDA on Agriculture Investment Opportunities
18 minutes -
CDM calls for transparency and constitutional compliance in Ofosu Nkansah case
21 minutes -
Police officers in Bawku threaten to resign over escalating attacks — Interior Minister reveals
30 minutes -
U20 WWCQ: Black Princesses leave Accra for Johannesburg ahead of South Africa second leg
34 minutes -
‘Serious breach of due process’ – CDM demands answers from gov’t over Ofosu Nkansah detention
35 minutes -
Government commences vetting of ‘historic diaspora community’ citizenship applicants
35 minutes -
Court sentences unemployed man to 15 years for robbery
56 minutes -
GRA invites traders to an emergency meeting to address concerns in new VAT Act
59 minutes -
Samantha Cohen CVO OBE leads landmark Ghana visit
1 hour -
Ghana to host Forty under 40 Africa awards
1 hour -
Baba Jamal case offers opportunity to monitor money in politics – Sulemana Braimah
1 hour -
Remand of East Legon developer sparks debate over ‘criminalising’ civil disputes
1 hour -
EBID partners Women of Valour as headline sponsor for London 2026 event
2 hours
