• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, September 26, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

Kofi Asare Criticizes Politicians for Acquisition of State Assets

Evans Junior Owuby Evans Junior Owu
May 23, 2024
Reading Time: 4 mins read
Add as Preferred on Google
Mr Kofi Asare, Executive Director, Eduwatch

Mr Kofi Asare, Executive Director, Eduwatch

In a strong critique, Kofi Asare, the Executive Director of Africa Education Watch, has vehemently criticized the persistent trend of politicians acquiring state assets for personal gain.

The renowned educational activist, in expressing dismay at the trend of events, posited that the practice where politicians, especially officials of the incumbent government acquire state properties is very detrimental to the country’s progress and undermines the very essence of public service.

He emphasized that politicians are the managers of the state, hence it is, therefore, wrong for people who are entrusted to serve and protect the public purse, to use their positions to acquire state assets.

“Politicians are the managers of the state.   I see everything wrong with politicians and their protons acquiring assets of the very state they begged to serve and protect her purse”.

Kofi Asare, Executive Director of Africa Education Watch

The Executive Director of the education think-tank group further asserted that the practice by which politicians, especially officials of incumbent government acquire state assets is morally and ethically wrong.

ADVERTISEMENT

He called the practice as unconscionable and detrimental to the country’s interests, emphasizing the urgent need for the country to take immediate measures to address it.

Mr Asare particularly expressed deep concern about the precedent set since 1992, where successive governments have engaged in similar practices to their benefits to the detriment of the country.

Addressing those who defend the acquisition of state assets by politicians on the grounds of historical continuity, Mr Asare questioned the rationale behind defending such actions simply because they have historical precedent, urging a departure from such a cycle of greed.

He emphasized that the mere fact that past governments may have supervised such an unfortunate practice does not make it justifiable for incumbent governments to condone similar practices.

Mr Asare also called out those who, despite supporting such actions under past regimes, now voice opposition, suggesting that their stance may be driven more by current political positioning than genuine concern for public welfare.

ADVERTISEMENT

He stated “Is it simply because you are in opposition today, and do not stand to benefit from today’s sale?”, challenging the authenticity of their newfound ‘conscience’.

He argued that such individuals, who are currently speaking against the ongoing practice under the current administration may merely bide their time to engage in similar practices when their party returns to power.

A Call for Legislative Reform

The Executive Director of Africa Education Watch in a fervent call to address the situation advocated for the enactment of a law preventing public officials and their networks from purchasing state assets.

ADVERTISEMENT

He urged the current New Patriotic Party administration under President Akuo-Addo to seize the opportunity to leave a lasting legacy by implementing such a measure, thereby breaking the cycle of political greed that is very prevalent under the country’s current democratic and governance regime.

“Nothing stops this NPP government from leaving a legacy of ending this greed with a law preventing public officials and their networks from purchasing state assets”, Mr Asare stated, appealing to the government’s sense of duty and responsibility.

Mr Asare concluded his critique with a touching reminder of the responsibilities of public officers, stating that their actions must build a nation, not the reverse.

President Akufo Addo 2
President Akufo-Addo, Vice President Dr Mahamudu Bawumia and some leading members of the ruling New Patriotic Party

He stressed that no nation has ever developed through the self-serving actions of its politicians, therefore if Ghana had not followed this path of self-enrichment, the country would have already achieved full development.

Mr Asare called for a reorientation of political behaviour towards genuine nation-building, rather than the perpetuation of personal gain at the expense of public welfare.

READ ALSO: Conspiracy Theories, Politics’ Manipulative Tool and Public Threat

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: conflict of interestKofi AsarePoliticiansPublic PursePublic serviceState Assets
Please login to join discussion
Previous Post

Sunak Stalls Rwanda Deportation Plan Until After Election

Next Post

Government Advocates Stiffer Punishments Against Assaults on Journalists

Related Posts

Joyce Bawah Mogtari, Senior Advisor and Aide to President John Dramani Mahama
General News

Bawah Mogtari: Mahama’s UN Speech Held A Mirror To Africa’s Leaders

September 25, 2026
Honourable Haruna Iddrisu, Minister of Education
General News

Education Ministry Seeks Talks With Unions To End Teacher Strike

September 25, 2026
New Patriotic Party Flag
General News

NPP Russia Branch Calls For End To Alleged Political Persecution

September 25, 2026
Ghana Bar Association (GBA)
General News

 GBA Condemns EOCO’s Attempted Arrest of MP At Court Complex

September 25, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Dr Johnson Pandit Asiama speaking at the Bank of Ghana’s 132nd Monetary Policy Committee meeting.

BoG Backs Cedi-Funded Payments for China Trade

September 25, 2026
TOR Receives Crude for refinery

GNPC Supplies TOR With 950,000 Barrels Of Sankofa Crude

September 25, 2026
Prudential Life Ghana Breaks Into MDRT Global Top 100

Prudential Life Ghana Breaks Into MDRT Global Top 100

September 25, 2026
Joyce Bawah Mogtari, Senior Advisor and Aide to President John Dramani Mahama

Bawah Mogtari: Mahama’s UN Speech Held A Mirror To Africa’s Leaders

September 25, 2026
Chinese President, XI Jinping

Xi Announces Two More Meetings With Trump

September 25, 2026
ADVERTISEMENT
Next Post
Fatimatu Abubaka, Minister of Information

Government Advocates Stiffer Punishments Against Assaults on Journalists

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.