22.07.2017
Mr. President,
TRUST FUND IN HONOUR OF THE LATE MAJOR MAXWELL ADAMS MAHAMA
Prior to the burial of Major Maxwell Adams Mahama, you visited the family and announced the establishment of a trust fund of which you personally donated GH¢50,000 to cater for the welfare of dependants of the late Major. This is a wonderful idea and we as Ghanaians are grateful.
There were similar events after the incidence of Major Mahama that has demanded equal opportunity for the dependants of the fallen hero.
The immediate event is the shooting of a police man at Abeka Lapaz by purported armed robbers. The family of the late Constable Daniel Owusu is calling on Government to cater for the six children the police man left behind. We cannot go on this way as a nation. Wider consideration and provision must be made towards future happenings.
I will suggest that we channel the money dedicated for the trust fund of Major Mahama into catering for the welfare of dependants of all fallen security officers that died in-line of duty.
The trust fund should be named after the late Major Mahama but the seed money of GH¢500,000 should be grown through investing in local currency bonds which currently has a good interest yield better than that of treasury bills.
As at this week, a one-year Local Currency Bond is yielding between 14 - 16 %. Investing GH¢500,000 at 14% a year will yield an additional GH¢70,000 a year less all expenses of managing the fund.
Budgetary allocation should be constituted so that an amount will be injected yearly into the growth of the fund. After some few years, with prudent, dedicated, independent and best managerial practices, this Fund will be well grounded to cater for the needs of a lot of our brave security men that who die unfortunately during their sworn moments of protecting and defending lives and property.
Mr. President, I know you probably have considered this idea, please let's make it a reality for the greater efficiency of Ghana.
God Bless Ghana and Your Presidency.
Signed
Honour Kwame Agbemor-Flint
Latest Stories
-
Let’s prioritize research quality in higher education institutions for industrial growth-Prof. Nathaniel Boso
35 mins -
Herman Suede is set to release ‘How Dare You’ on April 24
4 hours -
Heal KATH: Kuapa Kokoo, Association of Garages donate 120k to support project
5 hours -
KNUST signs MOU with Valco Trust Fund, Bekwai Municipal Hospital to build student hostel
5 hours -
The influence Ronaldo has on people, Cadman Yamoah will have same on the next generation – Coach Goodwin
5 hours -
Gender Advocate Emelia Naa Ayeley Aryee Wins prestigious Merck Foundation Awards
6 hours -
South Africa bursary scandal suspects granted bail
7 hours -
Ecobank successfully repays $500m Eurobond due April 18
7 hours -
Re: Doe Adjaho, Torgbui Samlafo IV, call for Unity among Paramountcies in Anlo
7 hours -
Extortion and kidnap – a deadly journey across Mexico into the US
7 hours -
Rihanna says fashion has helped her personal ‘rediscovery’ after having children
7 hours -
Development Bank Ghana targets GH¢1bn funding for commercial banks in 2024
8 hours -
Shatta Movement apologises to Ghana Society of the Physically Disabled after backlash
8 hours -
Sammy Gyamfi writes: Tema-Mpakadan Railway Project; A railway line to nowhere
9 hours -
Bright Simons: Is the World Bank saving or harming Ghana?
9 hours