Audio By Carbonatix
Majority leader in Parliament, Osei Kyei Mensah-Bonsu has condemned the state’s petroleum firm GNPC over their use of 30% of the national kitty on sponsorship to the football sector.
The Minister of Parliamentary Affairs questioned GNPC’s decision to pump a huge sum of its investments into sponsoring the Black Stars and paying huge sums to its coaches.
GNPC signed a five-year deal with the Ghana FA in 2013 to become the headline sponsor of the Black Stars in a three million dollar deal, but the politician thinks it is waste of resources.
“We will take a critical look at the money we give to GNPC.” He told Nhyira FM.
“We will make sure we give them the money they need to work but the money that they allocate to the Black Stars does not add up.
“They always give the Black Stars huge sums of money but they it always go waste.
“The Black Stars coach was receiving huge amount of money as monthly salary in dollars. We were paying Avram Grant close to three billion a month. Does it make sense?
“Some of us think it does not make sense to throw away such money so what we are going to do is to protect the state coffers and help the ordinary Ghanaian work.
“GNPC cannot just be using government funds to sponsor supporters of the Black Stars, fat salaries for coaches.I think this is not the way to go.” He added.
Meanwhile, newly appointed Chief Executive Officer of GNPC, K.K Sarpong, has promised to divert a chunk of the money into other sectors of football during his reign.
Latest Stories
-
Afeku says Adwoa Safo’s remarks highlight Kennedy Agyapong’s principled leadership
4 hours -
Afeku backs Kennedy Agyapong’s leadership style and industrial agenda
5 hours -
NCA engages ISPS on licensing reclassification and review of fees
5 hours -
2nd Deputy BoG boss sounds alarm on digital fraudsters, calls for united front
5 hours -
Parliament renames key universities to reflect focus and location
5 hours -
GES, NADMO move to prevent future bee attacks after Anloga school tragedy
5 hours -
Protecting cross-border investments: Why Ghana’s ECOWAS petition matters for regional business confidence
6 hours -
KGL does not operate or conduct 5/90 national lotto, but retails 5/90 national lotto – Razak Opoku
6 hours -
Parliament approves renaming of C.K. Tedam University to University of Technology and Applied Sciences, Navrongo
6 hours -
Former Jasikan MCE returns to Bawumia camp
6 hours -
Daily Insight for CEOs: The CEO’s role in stakeholder engagement and relationship management
6 hours -
Streetlight theft undermining Accra’s illumination effort – Regional Minister
6 hours -
Frequent use of emergency contraceptives could affect fertility, youth warned
6 hours -
Police arrest 8 suspects in Navrongo anti-crime sweep ahead of Christmas
7 hours -
KGL Foundation commissions toilet facility for Adukrom PRESEC
7 hours
