Impending NPP Ashanti Regional Fundraising Is Fraudulent - Federation Of NPP Youth Cautions

National Federation of NPP Youth, a youth wing of the opposition NPP says the current Ashanti Regional leadership of the party is embarking on a fraudulent fundraising program in Kumasi on January 16, 2016 at the Baba Yara Sports Stadium.

According to the youth wing, the national leadership and the entire membership of the NPP especially those in the Ashanti Region should be aware of the fraud which is about to be perpetrated on the innocent party people in the name of fundraising.

In a press statement copied to Peacefmonline.com, the NPP Youth wing indicated that the fraud is being spearheaded by the current Regional leadership of the NPP and their surrogates which include Dr. Richard Amoako Baah, a Political Science lecturer at KNUST.

“We therefore want to draw the attention of the National party and the entire membership of the NPP especially those in the Ashanti Region on the fraud which is about to the perpetrated on innocent party people in the name of a fundraiser in Kumasi on the 16th of January, 2016 by the current Regional leadership of NPP and their surrogates which includes Dr. Richard Amoako Baah, a Political Science lecturer at KNUST.”


Below Is Full Copy Of Federation Of NPP Youth Press Statement:

We members of the National Federation of NPP Youth are completely gob smacked at the seemingly unending financial impropriety and scandals that have continued to hit the NPP through the deliberate actions and inactions of some party executives both at its National and Regional structures. We want to remind these party executives that they occupy those positions in trust of the good people of the NPP and therefore, they must manifestly be prudent and diligent in their dealings in order to promote the good name of the party ensure value for money and protect party funds.

We therefore want to draw the attention of the National party and the entire membership of the NPP especially those in the Ashanti Region on the fraud which is about to be perpetrated on innocent party people in the name of a fundraising in Kumasi on the 16th of January, 2016 by the current Regional leadership of NPP and their surrogates which includes Dr. Richard Amoako Baah, a Political Science lecturer at KNUST.

In view of the foregoing, we would like to state the following based on verifiable facts and material evidence available to us:

1.The yet to be organized fundraising event at the Baba Yara Stadium is a fraud and being conducted without following due process or the involvement of the Regional Finance Committee, Regional Treasurer, Regional Financial Secretary and other Regional Executives of the party.

2. The accounts to which all proceeds that will be realized from the fundraising is a new bank account opened with the name NPP ASHANTI FUNDRAISING at Unibank, Kumasi branch. The account is operated by Chairman Wuntumi and Dr.Richard Amoako Baah as the sole signatories without the knowledge and involvement of the Regional Treasurer and Financial Secretary.

This is a brazen disregard for financial rules and regulations governing the financial operations and conduct of the party.

3. The Regional finance committee, Regional Treasurer and Regional Financial Secretary have no financial role to play in this event even though the fundraising is being organized by the Regional party.

4. It must also be noted that the financial institution in charge of the fundraising, thus, WESTWOOD FINANCIAL SERVICE is alleged to be owned by Dr. Richard Amoako Baah. The financial institution in question is reported to have duped its unsuspecting clients to the extent that the issue is currently under investigation and in the court of law. According to our checks with the Bank of Ghana, WESTWOOD FINANCIAL SERVICE is not duly registered with them and has, therefore, no license to operate any kind of financial service in Ghana.

It is also intriguing why the party’s stamp is not at the back of the tickets for the occasion but rather that of fraudulent WESTWOOD FINANCIAL SERVICE? Or better still the party’s stamp together with that of the fraudulent financial institution at the back of the tickets. It simply means that those behind this fraudulent fundraising are pushing the money to be realised from the event beyond the reach of the party structures in order to avoid any queries or accountability.

5. It is instructive to note that, the Ashanti Regional Party somewhere last year organized a fundraising event at Georgia Hotel in Kumasi, however, till date, not even a pesewa has been accounted to the Regional Executive Committee. The Regional Party realised an amount of GHC65, 000.00 from the aforementioned fundraising event, however, in a rather bizarre circumstance, only GHC30, 000, 00 was at a later date declared to other regional executive members. Sadly, the constituencies whom the fundraising was raised for have not received a penny.

It is important for us as true patriots of the party to demand accountability from our leadership. The party is at the verge of a crucial election and therefore, its scarce resources must be put to good use for its collective good and not into the sinking pockets of some political entrepreneurs in leadership.

The constituency and polling station officers of our party who are the frontline soldiers must no longer be starved with funding that will enable them to prosecute the important task of securing power in 2016. It is such actions of self-seeking political entrepreneurs that have continually stagnate us in opposition. Never again shall we members of the National Federation of NPP Youth allow our party’s resources to be misappropriated or embezzled at the detriment of the party’s goal.

We, therefore, call on the Presidential Candidate, Nana Akufo-Addo, and the National Party to put to hold the impending fundraising event, which is clouded with fraud until all the issues raised herein, is sufficiently addressed.

Consequently, all the funds that will be raised by any fundraising of the party should be properly accounted for and put to judicious use. We also insist that the previous funds raised by the Ashanti Regional party at its earlier fund raising event must be retrieved and placed into the party’s original account whilst the officers found culpable for any act of financial malfeasance or irregularity must be subjected to disciplinary actions.

The fight against corruption must begin within our party in order to build the confidence of the Ghanaian people that the NPP is not just ready to govern, but, capable of dealing decisively with corruption for the growth of the country.

Long Live Ghana
Long Live NPP
Long Live Nana Akufo Addo

….SIGNED…

Okuma Kwaku Gyan, 0249729712

Ahmed Frimpong, 0205208525

Ransford Obeng Bio, 0208071767