Causing financial loss to the state is normalized under Akufo Addo – Prof. Kwaku Azar


A US based Ghanaian Professor of Law and social commentator, Prof. Stephen Kwaku Aware, who is popularly known as Prof Kwaku Azar has alleged that causing of financial losses to the country is now normalized under the leadership of President Akufo Addo.

Many financials deals which include the famous PDS deal cost massive financial loss to the state. However, those behind those deals are not held reaponsible.

According to Prof Azar, since the PDS deal which cost Ghana some 200 million dollars was busted, none of the persons behind has been arraigned before court to face charges of causing financial loss to the state.

Prof Azar also noted that no measures have been put in place to stop deals of same nature as PDS from reoccurring in the country.

“…Not a single mechanism has been put in place to prevent its reoccurrence.” Prof. Azar says.

A commission which would be tasked to investigate the PDS deal has also not been set up to get to the buttom of what led to the striking of the PDS deal which was subsequently terminated.

All these, according to Prof Azar amounts to the normalization of causing of financial loss to the state.

PDS, the last project finance, cost us a minimum of $200M. Not a single soul has been held accountable. Not a single…

Posted by Kwaku Azar on Sunday, August 30, 2020


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