Audio By Carbonatix
Former Member of Parliament for Sekondi and former Minister for Tourism, Andrew Egyapa Mercer, has questioned the feasibility of the government’s claim that it can recover $21 billion from stolen state assets through the Operation Recover All Loots (ORAL) initiative.
Speaking on JoyNews’ Newsfile on Saturday, Mr Mercer argued that most of the alleged funds have already been disbursed and spent, making recovery practically impossible.
“$21 billion is big — that Mr Mahama promised through his (ORAL) committee that we are going to recover for Ghana. We are waiting for them to recover it,” he remarked.
He cited the National Cathedral project as an example, questioning how monies already utilised could be retrieved.
“We were told that some $100 million or $80 million has been spent and that they were going to recover that money from the project. How are you going to do it? Contractors have been paid, people have worked and received remuneration. You tell Ghanaians that you were going to recover the money — how are you going to do it?” he asked.
His comments followed concerns raised by former Auditor-General Daniel Domelevo, who criticised the delay in prosecuting those implicated in the ORAL investigations, describing the nine-month wait as too long.
Mr Domelevo, who served on the ORAL committee, had earlier revealed that the State could potentially recover $21 billion from various stolen assets.
Mr Mercer, however, maintained that while accountability is essential, government efforts should be grounded in realism about the recoverability of funds and the state of the assets involved.
ORAL presented over 2000 cases of possible corruption cases to the Attorney-General.
Latest Stories
-
Katy Perry loses trademark case against Australian designer Katie Perry
15 minutes -
Bridgerton star on dealing with One Piece casting backlash
25 minutes -
Woman charged with attempted murder after shooting at Rihanna’s home
36 minutes -
Ho Nurses Training College mounts pressure on UHAS to release its facilities
47 minutes -
140 suspects, 27 dockets – Kwakye Ofosu says ORAL is already delivering results
57 minutes -
Cabinet approves special tribunals to tackle corruption and illicit wealth cases
1 hour -
Ghana Immigration Service rescues 73 from abuse in an anti-fraud operation
2 hours -
EOCO freezes ¢1.5bn in assets linked to corruption investigations – Kwakye Ofosu
2 hours -
Wildlife to replace historical characters on British banknotes
2 hours -
China and North Korea to resume passenger train service after 6-year halt
2 hours -
Meghan to headline ‘girls’ weekend’ in Australia for 300 women
3 hours -
ORAL: We won’t manipulate judiciary for political ends – Gov’t spokesperson
3 hours -
Critics wrong on ORAL speed – Kwakye Ofosu lists arrests and asset seizures
3 hours -
World record attempt for biggest reading lesson
5 hours -
Congo Republic’s Sassou set to extend long rule, focus on succession
6 hours
