AB Adjei had over GH¢41.6m in his accounts not GH¢14.8m; CHRAJ lied – Taylor reveals

 AB Adjei had over GH¢41.6m in his accounts not GH¢14.8m; CHRAJ lied – Taylor reveals

Investigative Journalist, Kevin Taylor has taken Ghanaians by a storm after releasing more shocking revelations in the Public Procurement Authority scandal that led to the dismissal of the AB Adjei.

In what could best be described as a scandal in another scandal, Mr. Kevin Taylor took to his With All Deu Respect Show to expose a plot by some state institutions to cover-up the actual amount the PPA Boss has stolen from the state through corrupt means.

According to him, Mr. AB Adjei made over GH¢41.6 million from the sale of various Contracts and not GH¢14.8million as indicated in the reports of the Commission of Human Rights and Administrative Justices -CHRAJ.

He also stated that Mr. AB Adjei may never be prosecuted as the Deputy Attorney General, Godfred Odame is a member of the Board of Director of the Public Procurement Authority which approves all contracts that pass through the Authority, and by implication, the Attorney Generals has an interest and will only enter nolle prosequi should any other institution dares to prosecute Mr. AB Adjei.

He revealed the Special Prosecutor Martin Amidu and the Auditor-General Daniel Dormelevo both investigated the scandal and documents available suggested that these two public officers are aware of the actual amounts Mr. Adjei made from the corrupt activities hence questioning why the figure in the CHRAJ reports only capture GHc14.6 million.

Background: 

Following a report released by Investigative Journalist, Manasseh Azure Awuni dubbed Contract For Sale which documented how the CEO of the PPA, AB Adjei was selling government contracts to companies and pocketing the proceed, the President of Ghana, Nana Akufo-Addo wrote to the Office of the Special Prosecutor, the Commission on Human Rights and Administrative Justice to investigate the Adjenim Boateng Adjei.

CHRAJ in its report a couple of days ago said the PPA Boss failed to explain a whopping Ghc14.8million that flowed into his bank accounts in the three years that he was at the PPA.

According to CHRAJ, the amount is the total figure from four Dollar and Euro accounts held at two banks by AB Adjei who had been caught by the undercover investigator, Manasseh Azure Awuni, awarding government contracts to himself.

Mr. Awuni had followed a tip-off about Adjei using his position as PPA boss to award contracts covered by restricted tenders to his private company, TDL.

However, as part of the probe CHRAJ had also asked for his bank account details from the financial intelligence center and realized that within the period of his appointment, Adjei had amassed a whopping Ghc14.8million in for different bank accounts.

“The documentary alleged that the Respondent has been taking advantage of his office to improperly enrich himself, to which the Respondent strenuously denied through his solicitors.

“However, we can see from the records received from the FIC of the bank accounts of the Respondent that he handled large volumes of cash exceedingly in excess of his known income as CEO of PPA,” CHRAJ wrote in its report.

“The Respondent opened USD Account Number 9040002473180 at the Stanbic Bank on 03 April 2017, after his appointment as CEO of PPA. As of 28 August 2019, a total amount of USD 516,225 had been credited to the account, and his debits stood at USD 504,607.87.

“In respect of his Cedi Account No. 9040002313337 at the same bank, opened on 21 January 2017 before his appointment, a total of 3.83 million Cedis was credited, and 3.81 million Cedis debited, to the account between the date of his appointment as CEO and 29 August 2019.

His Euro Account at the same bank also had EU54,500.00 credited and 37,333 debited for the same period, in addition to his UMB USD Account No. “428872” which had seen cash flow of over 110,000 USD between December 2018 and March 2019 alone.”

According to CHRAJ, when confronted with the evidence AB Adjei blabbed that Frosty Ice Natural Mineral Water Ltd does not have a bank account and that proceeds from the sales of the water are lodged in his account.

According to CHRAJ, even though AB Adjei is a director of over 19 companies, he claims that he did not receive director’s fee from any of those companies except Beachfront Stevedoring Company Limited.

“We find that the Respondent’s explanation is completely unsatisfactory and that he could not explain the source of the large volumes of excess wealth that passed through his bank accounts between March 2017 and August 2019 (unexplained wealth),” CHRAJ charged the embattled PPA boss.

Below is there documents and the various amounts received:

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