• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, May 14, 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

Boankra Project, A Loot Avenue For Government

Lilian Ahedorby Lilian Ahedor
April 16, 2024
Reading Time: 4 mins read
Boankra Integrated Logistics Terminal (BILT) Project Site

Boankra Integrated Logistics Terminal (BILT) Project Site

The Member of Parliament (MP) of the North Tongu Constituency, Hon. Samuel Ablakwa Okudzeto, has accused the government of looting the country’s resources through the Boankra Integrated Logistics Terminal (BILT) project.

He indicated the present issue with Boankra Integrated Logistics Terminal (BILT) is a result of the Akufo-Addo-Bawumia’s government being engaged in corrupt carelessness which would potentially saddle Ghana with a chilling judgment debt of some US$ 3.6 billion.

He disclosed that contrary to the President, Nana Addo Dankwa Akufo-Addo’s pledge to the nation, including His Royal Majesty, Otumfuo Osei Tutu II that the Boankra project will be completed in 2023 during the project’s sod cutting, the project has been abandoned halfway.

“The President’s sod cutting came after Parliament on the 14th of August, 2020 approved by resolution a Build, Operate and Transfer (BOT) Concessionary Agreement between the Government of Ghana and Ashanti Port Services Limited for an amount of US$330,000,000.00 for the development of the Boankra Integrated Logistics Terminal”.

Hon. Samuel Ablakwa Okudzeto

Furthermore, he noted that some documents he had intercepted from multiple official sources reveal that this parliamentary resolution has been blatantly flouted, particularly, by the Minister responsible for Transport, Hon. Kwaku Ofori Asiamah.

ADVERTISEMENT

The MP alleged that the Transport Minister after unanimously altering the parties to the parliamentary resolution without recourse to Parliament subsequently proceeded to terminate the concession agreement on 5th August 2023, without the consent nor approval of Parliament.

Moreover, he questioned the Transport Minister’s preference for a company known as Justmoh Construction Limited while he described the Minister’s preference as bizarre.

As such, he alleged that all parties involved in the contract had informed him that Justmoh Construction Limited was a direct imposition by the Transport Minister. “I have seen board minutes to this effect”, he added.

He noted that it is ironic that the government currently prosecuting the Hon. Collins Dauda, Hon. Dr. Kweku Agyeman-Mensah, and others for allegedly reviewing a parliamentary resolution on the Saglemi Housing Project without an amendment or approval by Parliament is turning a blind eye to this incident.

“Why is the Transport Minister, regardless of ongoing prosecutions of political opponents, unilaterally amending and disregarding a parliamentary resolution with utter impunity?”- Hon. Okudzeto.

Illegalities In Payment

Moreover, Hon. Samuel Okudzeto indicated that intercepted documents in his possession confirm that the Transport Minister, in addition to all his illegalities, ensured that payment of a colossal US$33,300,000.00 equivalent to a staggering GH₵ 449.5million has been made under suspicious circumstances to Justmoh Construction Limited.

okudzeto
Hon. Samuel Okudzeto Ablakwa

“Further investigations reveal that Justmoh was selected and paid over GH₵ 400 million without regard to the procurement laws of Ghana… The Transport Minister concedes in his termination confirmation letter of November 21, 2023, that he will now ensure ‘Ghana Shippers takes the necessary processes to regularize the re-engagement’ of Justmoh”.

Hon. Samuel Ablakwa Okudzeto

The Member of Parliament noted that the violations in payment committed by the Minister have now become the subject of fierce internal wrangling between Ashanti Port Services Limited and Justmoh Construction Limited.

He noted, however, that the Transport Minister has been unable to justify his actions, as a request from the Attorney General to him to respond to a petition against the Transport Minister’s conduct dated December 19, 2023, remains ignored.

Hon. Okudzeto alleged that through additional documentation he is presently reviewing, he has come to know that the preparatory works carried out by Justmoh, do not guarantee value for money as it has been paid a sum of US$36,222,140.64 for its work while it requested for more.

ADVERTISEMENT

“…consistent with the pattern of inflationary opaque costing under this administration. This latest create, loot and share scheme will be explored in much detail later” – Hon. Okudzeto

He also noted that work on the strategic Boankra Integrated Logistics Terminal (BILT) project has come to a halt because of the self-inflicted disorder created by the Akufo-Addo/Bawumia government.

More so, Hon. Okudzeto stated that instead of accomplishing the long-awaited dream of Boankra to spur industrialization and job creation, Ghanaians are ending up with an abandoned project, avoidable litigation, and a looming judgment debt of US$ 3.6 billion demanded by the Ashanti Port Services Limited.

READ ALSO: Zelenskyy Signs Army Mobilization Bill Into Law

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Boankra ProjectCorruptioneconomyGovernmentillegalitiesJustmoh Construction LimitedNPPParliamentprocurement laws
Share3Tweet2ShareSendSend
Please login to join discussion
Previous Post

Ghana’s Delegation Takes Center Stage at IMF/World Bank Spring Meetings

Next Post

Apple Introduces Web App Distribution in EU

Related Posts

Henry Nana Boakye, NPP National Organizer
General News

Why Is The President Superintending Over Such Matters? — Nana Boakye

May 14, 2026
Mussa Dankwah, Pollster and Executive Director Global InfoAnalytics
General News

Inflation and Hardship, Not Manifestos, Decide Elections – Analyst

May 14, 2026
Honourable Nana Agyei Baffour Awuah, Member of Parliament for Manhyia South
General News

Awuah Raises Fresh Concerns Over Legal Education Reforms

May 14, 2026
President John Dramani Mahama
General News

Mahama Targets Six Regional Hospitals by 2028 as First Three Take Off

May 14, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

Dr. Josephine Amponsem

Ghana’s AI Ambitions Hinge on a Power Grid That’s Already Straining

May 14, 2026
Angela Rayner

Angela Rayner Exonerated in Tax Probe as Labour Leadership Battle Intensifies

May 14, 2026
GFIM Liquidity Boom Pushes Trades Past GH₵1.5bn in One Day

GFIM Liquidity Boom Pushes Trades Past GH₵1.5bn in One Day

May 14, 2026
Henry Nana Boakye, NPP National Organizer

Why Is The President Superintending Over Such Matters? — Nana Boakye

May 14, 2026
GNCCI-WAY and TMA Training Workshop

GNCCI and TradeMark Africa Empower Export-Ready SMEs

May 14, 2026
Next Post
Apple App Store

Apple Introduces Web App Distribution in EU

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.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address