Three executives of a Chinese investment firm linked to outspoken Communist Party critic Guo Wengui confessed to fraud on Friday, as the billionaire property tycoon lobs corruption allegations at high-level officials from abroad. Appearing in Dalian Xigang People’s Court in northeastern Liaoning province, the defendants — Lu Tao, Xie Honglin and Yang Ying — admitted … Read more
China’s ex-statistics chief was jailed for life on Wednesday for accepting 153 million yuan ($22.4 million) worth of bribes, becoming the latest senior official to be convicted in a sweeping anti-corruption campaign. Wang Baoan, the former head of the National Bureau of Statistics, was also found guilty of using his position to help others with … Read more
Member of Parliament for Bolgatanga Central Isaac Adongo has criticized the ruling New Patriotic Party (NPP) for not keeping to its campaign promise of not borrowing to undertake developmental projects. According to Bolgatanga Central Legislator, the President Nana Akufo-Addo led three months government has reneged on its promises and laid before Parliament several loans to … Read more
Member of Parliament for Bolgatanga Central, Isaac Adongo has criticized the ruling New Patriotic Party (NPP) for not keeping to its campaign promise of not borrowing to undertake developmental projects. According to the Bolgatanga Central legislator, the Nana Akufo-Addo-led three months old government has reneged on its promises and laid before Parliament several loan agreements … Read more
Member of Parliament for Bolgatanga Central, Isaac Adongo has criticized the ruling New Patriotic Party (NPP) for not keeping to its campaign promise of not borrowing to undertake developmental projects. According to the Bolgatanga Central legislator, the Nana Akufo-Addo-led three months old government has reneged on its promises and laid before Parliament several loan agreements … Read more
The Finance Minister, Mr Seth Terkper, has charged banks to conduct due diligence on loan applications by contractors and suppliers who seek to raise funds to pre-finance government contracts. He said that would inform the banks about whether the awarding government agencies have the budget to pay for the contract when the certificate is presented … Read more
If Small and Medium-sized Enterprises (SMEs) want banks to trust them with people’s monies, they must formalise their operations and put the necessary structures in place, Alhassan Andani, Managing Director of Stanbic Bank Ghana, has said. Speaking to the media at the Ghana Association of Bankers (GAB) Annual General Meeting (AGM), Alhassan Andani, who is … Read more