• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, September 13, 2025
  • 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

Ablakwa Accuses VEEP Of Benefiting From Alleged Overpriced Single-Sourced Contracts

February 16, 2024
Evans Junior Owuby Evans Junior Owu
in General News
0
Ablakwa Accuses VEEP Of Benefiting From Alleged Overpriced Single-Sourced Contracts

amuel Okudzeto Ablakwa, MP North Tongu

In a shocking revelation, the Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has accused the Vice President, Dr Mahamudu Bawumia and his family of benefiting from overpriced, single-sourced contracts in the country.  

The North Tongu Member of Parliament reacting to Dr Bawumia’s recent address, where he pledged to publish details of all public contracts for public scrutiny, strongly asserted that the lack of transparency in publishing contract details has allowed the Vice President and his family and close allies to unduly benefit from non-competitive contracts.

According to Mr Ablakwa, the practice violates the country’s procurement laws, which has severely resulted in a significant financial loss to the country.

RelatedPosts

Ahiagbah Warns of ‘Supreme Leader’ Under Mahama

Abronye Bail Denial, A Blow to Justice And Free Speech

Twum-Barimah Pushes for National Youth Green Finance

“How the Bawumias are Milking Ghana with Overpriced Single-Sourced Contracts After Launching Vicious Attacks on Mahama. When Vice President Bawumia read paragraph 156 at page 63 of his ridiculous driver’s mate address a few days ago, I wondered why the self-proclaimed digitalization champion was not implementing that simple promise but was waiting to do that at an unguaranteed future date”.  

Samuel Okudzeto Ablakwa

The Ranking Member of the Parliament Foreign Affairs Committee further posited that his findings are supported by a recent report by the Auditor-General, Mr. Johnson Akuamoah Asiedu.

Furthermore, the renowned anti-corruption crusader and good governance advocate noted that according to the Auditor-General’s report, a staggering 87% of cocoa road contracts awarded since 2020 were done through a non-competitive process.

Mr Ablakwa also indicated that some of these contracts were found to have no value for money, with costs inflated up to three times the actual amount.

According to Honorable Ablakwa, the report by the Auditor-General revealed that the Ghana COCOBOD, under President Nana Addo Dankwa Akufo-Addo and Vice President Dr Mahamudu Bawumia’s administration, awarded 266 contracts valued at GHS13 billion, which was almost ten times more than the initially budgeted GHS1.3 billion.

Renege Of Political Promise

Moreover, the North Tongu Member of Parliament, Honorable Samuel Okudzeto Ablakwa chastised President Nana Addo Dankwa Akufo-Addo for failing to uphold a pledge he made in 2016 to end the era of sole sourcing, with Vice President Bawumia specifically criticizing the overpricing of contracts through sole sourcing during the previous government’s tenure.

The Honorable Ablakwa further alleged that his parliamentary oversight has uncovered intriguing findings, indicating that Resources Access Limited, a company with familial ties to Vice President Dr Mahamudu Bawumia, directly benefited from some allegedly corrupt practices.

He noted that documents from the Public Procurement Authority (PPA) reveal that on July 2, 2020, Resources Access Limited, owned by one Abraham Bawumia, who is the Vice President’s brother and Aneta Kaminska Bawumia, was awarded two single-sourced cocoa road contracts valued at a total of GHS83.7 million.

According to Honorable Ablakwa, the details of the contracts include the upgrading of the Effutu – Abrem Agona and Effutu – Sorodofo Feeder Roads project, which is estimated at a cost of GHS54, 262,878.84 and the upgrading of the Kyiboso Hasowodze Bungalow Feeder Roads project, which is also estimated at the cost of GHS29, 468,546.54.

“Who could ever have predicted that after Vice President Bawumia launched his scathing and vicious attacks on President John Mahama, the Bawumia family would one day be caught neck-deep directly benefiting from multiple over-priced, single-sourced, ‘create, loot and share’ schemes?”

Samuel Okudzeto Ablakwa

The Honorable Samuel Okudzeto Ablakwa while expressing deep concerns about the developments, however, underscored his commitment to ensure that Parliament investigates the contracts that were given to the relatives of the Vice President, Dr Mahamudu Bawumia, and to ensure that individuals found guilty are held accountable and reliable.

READ ALSO: NUGS Engages Minister of Education On Student Welfare and Academic Challenges

Tags: North TonguPresident Nana Addo Danka Akufo-AddoSamuel Okudzeto AblakwaSingled-Sourced ContractsVice President Dr Bawumia Mahamudu
Please login to join discussion
Previous Post

Macron Ally Urges Strengthening UK-Europe Defense Amid Trump’s Threat

Next Post

Kuami Eugene Insists He Wrote Songs For MzVee

[mc4wp_form id="1264"]

Related Posts

Mahama’s Government Accused of Betraying Ghanaians’ Trust
General News

Ahiagbah Warns of ‘Supreme Leader’ Under Mahama

September 13, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Europe

Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases

September 13, 2025
African Creatives Urged To Think Bigger Than YouTube
Entertainment

African Creatives Urged To Think Bigger Than YouTube

September 13, 2025
Lawyer Bobbey Banson
Extractives/Energy

Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms

September 13, 2025
GSE Investors Smile as Market Delivers Nearly 50% Return in 2025
Securities/Markets

GSE Investors Smile as Market Delivers Nearly 50% Return in 2025

September 13, 2025
Quad Nations Push For Truce In Sudan Conflict
Africa

Quad Nations Push For Truce In Sudan Conflict

September 13, 2025
Mahama’s Government Accused of Betraying Ghanaians’ Trust
General News

Ahiagbah Warns of ‘Supreme Leader’ Under Mahama

by Silas Kafui AssemSeptember 13, 2025
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
Europe

Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases

by Comfort AmpomaaSeptember 13, 2025
African Creatives Urged To Think Bigger Than YouTube
Entertainment

African Creatives Urged To Think Bigger Than YouTube

by Esther Korantemaa OffeiSeptember 13, 2025
Lawyer Bobbey Banson
Extractives/Energy

Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms

by Evans Junior OwuSeptember 13, 2025
GSE Investors Smile as Market Delivers Nearly 50% Return in 2025
Securities/Markets

GSE Investors Smile as Market Delivers Nearly 50% Return in 2025

by Stephen M.CSeptember 13, 2025
Quad Nations Push For Truce In Sudan Conflict
Africa

Quad Nations Push For Truce In Sudan Conflict

by Lawrence AnkutseSeptember 13, 2025
Mahama’s Government Accused of Betraying Ghanaians’ Trust
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation
African Creatives Urged To Think Bigger Than YouTube
Lawyer Bobbey Banson
GSE Investors Smile as Market Delivers Nearly 50% Return in 2025
Quad Nations Push For Truce In Sudan Conflict
[/vc_row_inner]

Recent News

  • Ahiagbah Warns of ‘Supreme Leader’ Under Mahama
  • Trump Poised To Sanction Russia If NATO Allies Halt Russian Oil Purchases
  • African Creatives Urged To Think Bigger Than YouTube
  • Serious Talks Underway to Resolve E&P–Azumah Standoff, Lawyer Confirms
  • GSE Investors Smile as Market Delivers Nearly 50% Return in 2025
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.