Audio By Carbonatix
Editor-in-Chief of the New Crusaading Guide, Abdul Malik Kweku Baako says it is a “bloody lie” to say the settlement payment to Construction Pioneers (CP) is not an act of fraud.
According to him, the Serious Fraud Office, now Economic and Organized Crime Office was then investigating CP in early 2000 over some alleged issues of fraud.
Why those fraud investigations were suspended and EOCO wrote a letter that gave CP a clean bill of heath culminating in the payment of €94 million to CP is matter Mr Kweku Baako says is difficult to understand.
The New Crusading Guide Editor-in-Chief was discussing the issue of judgment debts on Peace FM’s morning show Kokrokoo on Wednesday.
Kweku Baako added that somewhere in 2009, EOCO under the instruction of then Attorney General, Betty Mould Iddrisu wrote to the international arbitration committee that indicating the accusation of fraud brought against CP was false, a major breakthrough in the process of acquiring the judgment debt.
According to him, the investigations by then Serious Fraud Office indicted CP, which actually conceded that there were some instances of loading in some of their initial claims therefore there was no basis for CP to have made those same demands on the government.
Kweku Baako maintained that there were enough correspondence between the Ministry of Roads and Highways and CP that were overlooked leading to the payment of €94 million to CP.
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.
Tags:
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
-
Afrobeats artists, producers made better music when they lived together – Don Jazzy
5 minutes -
South Africa secures $150 million loan from OPEC Fund
16 minutes -
Nigeria’s Tinubu urges global finance overhaul as debt costs crowd out spending
25 minutes -
Nigeria military says no evidence of civilian casualties from Zamfara market airstrike
36 minutes -
Body of second missing US soldier recovered in Morocco
45 minutes -
Nigerian court sentences ex-power minister Mamman to 75 years in prison for fraud
54 minutes -
Cuba has run out of diesel and fuel oil amid US oil blockade
1 hour -
Drug addiction counsellor sentenced in Matthew Perry’s overdose death
1 hour -
US citizen convicted of running secret Chinese ‘police station’ in NYC
1 hour -
Trump’s Fed chair pick Kevin Warsh confirmed by US Senate
2 hours -
Lawyers of men killed in police operation in Upper East Region demand probe
2 hours -
Mahama pushes ‘Accra Reset’ at Africa Forward Summit, warns debt is crippling health systems
3 hours -
‘Watermelon deaths’ in Mumbai puzzle investigators
3 hours -
Mass sex abuse allegations force closure of boarding school in Indonesia
3 hours -
Thief jailed after stealing unreleased Beyoncé music from car
3 hours