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Before it even sees the light of day, the Youth Enterprise Support (YES) Fund is in all sorts of troubles, courtesy typical nagging cronyism that has affected African politics since Adam. DAYBREAK has established that days after the murky sack of Kwadwo Adu Asare, former MP for Adenta, the government has embroiled itself in another murky appointment of a Chief Executive Officer (CEO) who is to oversee the purported GH� 10,000, 000 seed capital fund being put in place to assist young, enterprising Ghanaians with creative and innovative business plans to achieve their full potentials. DAYBREAK has gathered after painstaking investigations that a character, who has been fired by First Atlantic Bank, is to jump into the driving seat of this much publicized Presidential initiative. Enter Helga Boadi, a former staff of the bank in the position of First Atlantic�s Wealth Management Department who, together with a male colleague (name withheld), allegedly connived and invested funds belonging to the National Health Insurance Authority (NHIA) lodged at the bank with a non-banking financial institution, without due consultations with his seniors and against the bank�s regulations. When the scandal leaked, an internal inquiry was set up since the deal did not carry the seal of the bank�s investment committee. The ADHOC committee was to investigate the matter and advise the board accordingly. DAYBREAK learnt that in the course of the investigations, the Board discovered that Helga and her male accomplice had, as a result of the alleged dubious investment, made considerable profits and allegedly siphoned the monies for their personal reward. This was seen as embezzlement and misappropriation of funds. Significantly, Helga reportedly tendered in her resignation during the middle of the investigations, drawing concerns from the Board, which rejected it saying it was necessary to see the bottom of the case. Based on the recommendations of the committee, DAYBREAK further learnt, the board after full investigations directed that the contracts of the two senior members be terminated immediately on grounds of financial malfeasance. According to our sources, Mrs. Boadi then got her solicitors to write to the bank threatening hell and high water, in spite of the findings and the weak punishment meted out to her. When her threats yielded no result, she reportedly unceremoniously had to bid farewell to the bank, though DAYBREAK learnt she was still feebly contesting the allegations. Independent checks at NHIA also revealed that the Authority was doing business with First Atlantic up till February this year when they parted ways. This is the person YES is bringing on board to disburse State funds intended to support creative youth! More soon...