Thursday, November 29, 2012

Ishmael Yamson never returned any money; he spent 9000 - former GIPC Boss

The immediate past Chief Executive of the Ghana Investment Promotion Centre (GIPC), George Aboagye, has debunked claims that a cheque of GHC 20000 donated to the Board Chairman, Mr. Ishmael Yamson, was returned to the Council.

 According to him, only GHC 11000 out of the actual amount was refunded by the Board Chairman.

This is contrary to claims by the Board Chairman that when a cheque worth GHC 20000 was approved by management of the Council in support of his 70th birthday, he instructed that the cheque is given back.

Mr. Ishmael Yamson reacting to a publication by Daily Guide which specified that an amount of 20000 cedis had been issued out to him for the celebration of his 70th birthday, explained that though the said amount was indeed donated to him, he ordered for it to be returned to GIPC.

 “It is true that the GIPC donated a cheque for GH¢20,000 but the cheque was returned on my instruction back to the GIPC so the GIPC did not give me a cheque which I accepted…” he asserted.

But Mr. George Aboagye speaking to a media organization in Accra, disclosed that 9000 out of the 20000 cedis was expended on drinks for the Board Chairman’s birthday, so, there was no way the Board Chairman could have returned the money in full.

He explained that “almost GHc11,000 was excess and he [Yamson] returned the money and we gave him a receipt. So the actual money that was spent out of the budget was less than 50 percent of the amount. Almost GHc11,000 was returned."

He however stressed that the money was not received in person by Mr. Yamson but rather disbursed to the organizers of his 70th birthday.

 Mr. George Aboagye on Wednesday announced his resignation from GIPC following his involvement in an alleged fraudulent action of which some money was paid out to a pro-NDC group dubbed “Volunteers for Mahama”.

The group was said to have made request for an amount of GHC 4000 to aid them in their campaign for President Mahama.

Though the group denied the allegations, Mr. Aboagye tendered in his resignation as a matter of principle as stated in a release by GIPC Governing Board, dated November 27,2012.

 Explaining his reasons for the resignation, Mr. Aboagye said he “resigned perhaps even before I went to the meeting of the board because I felt that the issue at hand is just an aspect but there is a larger picture to the whole incident. I resigned because I felt that this is a place where confidence is very important especially among the investor community and if documents could be copied and put to the public domain under my watch … then I think it is not fitting that I stay...”.

Also, touching on the alleged disbursement of money to the “Volunteers for Mahama”, he said his understanding was that the group had made the demand for the purpose of promoting peace.

 “Those people came to us and they came with a letter and upon discussion with them I [thought] that they were going to do a peace walk and that was what I understood…so if at a point you realize that it wasn’t going to be that, it was going to be coloured a bit, maybe a little bit more political, then you have the option not to present the cheque to them…” he pointed out.

 He insisted the cheque for the requested GHC 4000 was withheld by the Council after knowing the group’s intent was far from engaging in a peace walk.

 ‘…the cheque never went to a bank, the cheque is with us.”

 “…at that instance we were seeing that there was a bit of political slant so there was no need to support them. We had discussed, myself and one of my directors, and said we will not support them.”

Source: Adu Gyamfi Ameyaw

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