Friday, 14 November 2014

Blast From The Past: Africa's Presidential Bank Accounts



Abdoulaye Wade, the former president of Senegal, whose son is accused of illicit enrichment.
 
 

Title: Senegal ex-president's son paid £127m into Monaco bank accounts

Monaco authorities co-operating with Senegalese prosecution of Karim Wade for alleged illicit enrichment ---Dated:Friday 13 September 2013  By: Afua Hirsch
 
 
The son of Senegal's former president deposited more than £127m at a bank in Monaco while his father was in office, it has emerged.

Authorities in Monaco said Karim Wade placed the money in accounts at the Julius Baer bank between 2002 and 2013. They are co-operating with Senegalese officials who are prosecuting Wade on charges of illicit enrichment following a months-long investigation into how he amassed a fortune of more than $1.3bn during the period when his father, Abdoulaye Wade, was president.

Funds held in at least 24 active bank accounts have been linked to 50 companies that Wade is alleged to have used to siphon off state funds. This summer Wade's accounts at the French bank Société Générale were frozen at the request of Senegal's current president, Macky Sall, who vowed to clamp down on corruption after being elected last year.

A widely despised figure during his father's presidency, Wade held powerful ministerial positions including being in charge of major infrastructure and energy projects. At one point he controlled up to a third of the national budget, leading to him being dubbed "the minister of the earth and the sky".
Wade, 44, denies the charges, and this week several dozen supporters staged a demonstration as he appeared in court. The former ruling Senegalese Democratic party (PDS) has accused Sall's regime of conducting a witch-hunt against the PDS hierarchy.

Bachirou Diawara, Wade's former chief of staff, said: "The Senegalese are witnesses that [the prosecutors] are unable to provide evidence of the guilt of our brother Karim Wade. It is stubbornness, nothing more, nothing less." He called for human rights organisations to "restore justice and the rule of law in the country".

Credit: http://www.theguardian.com/world/2013/sep/13/senegal-ex-president-son-monaco-accounts



Paulina says: Only westerners wonder why Africa is poor... most Africans already know!!!!


"The wicked vomit up the wealth they stole. God takes it back even out of their stomachs." Job 20:15

 

Friday, 7 November 2014

The Legatum Prosperity Index: How did Ghana fare?



"Ghana Ranked 98th out of 145" Prosperity Index
 
*79.4% BELIEVE BUSINESS/GOVERNMENT CORRUPTION IS WIDESPREAD
*1:32 TEACHER TO PUPIL RATIO
*68.0% SAY THEY CAN RELY ON OTHERS IN TIMES OF NEED
*79.4% BELIEVE BUSINESS/GOVERNMENT CORRUPTION IS WIDESPREAD
*61.1% BELIEVE IT’S A GOOD PLACE TO LIVE FOR IMMIGRANTS
 

Paulina says: Its that time of the year again when the 'Prosperity Index' ranks all nations -and Ghana as expected did well in safety & Security, it came in at number 60 but fared poorly [as expected] in Economy -coming in at number 116...  Ghana's GDP (per capita) was $2,047.19 USD and our Average Life Satisfaction came in at: 5.1 out of 10....  There are more ranking facts and what have-you-sss about our sweet homeland Ghana via: http://www.prosperity.com/#!/country/GHA  -
http://www.prosperity.com


More Info:
Is a nation’s prosperity defined solely by its GDP? Prosperity is more than just the accumulation of material wealth, it is also the joy of everyday life and the prospect of an even better life in the future. This is true for individuals as well as nations. The Prosperity Index is the only global measurement of prosperity based on both income and wellbeing. It is the most comprehensive tool of its kind and is the definitive measure of global progress.

The Legatum Prosperity Index™ offers a unique insight into how prosperity is forming and changing across the world. http://www.prosperity.com


Other African Nations

Botswana - 75th

Botsawa ranks 75th globally in the 2014 Prosperity Index, having fallen three places since last year.
Botsawa's best performance is in the Governance sub-index, where it ranks 28th in 2104.
Botsawa's lowest rank is in the Health sub-index, where it ranks 111th in 2014.
 
 

Nigeria - 125th

Nigeria ranks 125th globally in the 2014 Prosperity Index, having fallen two places since last year.
Nigeria's best performance is in the Economy sub-index, where it ranks 97th in 2014.
Nigeria's lowest rank is in the Safety & Security sub-index, where it ranks 137th in 2014.
 
 

Central African Republic - 142nd

Central African Republic ranks 142nd globally in the 2014 Prosperity Index, having fallen by one place since last year.
Central African Republic's best performance is in the Personal Freedom sub-index, where it ranks 94th in 2014.
Central African Republic's lowest rank is in the Entrepreneurship & Opportunity sub-index, where it ranks 142nd in 2014.

"It's better to lose the things you have/love than to lose your character and values." Dee Maat

 

Tuesday, 28 October 2014

Archbishop Nicholas Duncan-Williams tells Ghanaian women to stop misbehaving, to be grateful for proposals /marriages...



'Until a man proposes, you’ll rot in your beauty, intelligence' – Duncan-Williams tells women


Archbishop Nicholas Duncan-Williams has said women must see men’s love proposal and decision to marry them as a “privilege” because without that, they will “rot” away with their beauty and intelligence.

The charismatic spiritual icon has therefore admonished women to be grateful to men if they choose to marry them, rather than misbehave.

“It’s a privilege to be married. It’s a privilege in the time we live in when it’s seven [women] to one man”, he told his congregation Sunday in Accra.

“Sister when you get married, be thankful and stop misbehaving because it’s seven to one. It doesn’t matter how pretty and beautiful and intelligent you are; until a man proposes to you, you are going to stay beautiful, pretty, intelligent, nice and whatever, and rotten”.

“That’s what it is, and somebody needs to tell you because there [are] so many women out there misbehaving. You got to be told the truth. And the reason why a lot of marriages are not working is because everybody is afraid to offend women to tell them: ‘Come on girl, you got a good thing going, hold fast onto it, don’t misbehave and don’t lose it’”.

He said unlike men who can marry at virtually any age, women’s biological make up and physiology put them at a disadvantage as they grow older and, therefore, said women must appreciate it when men choose to marry them because the age pendulum tilts against them.

“And somebody says: ‘How about the men?’ They got issues too but you see, the fact of the matter is that a man can be 100 years old and marry again if he ‘moves’. A man can be 100 years and marry if he can ‘drive’. But a woman just can’t get married at a particular age. [It] gets to a place [where] everything begins to melt and you can’t marry just because you want to marry”, the founder of the Christian Action Faith Ministries explained.

“It is what it is, and sometimes we don’t want to hear the truth. We get offended when the truth is said, but I have come to a place [where] I tell people that I have lost my reputation a long time ago, and so it doesn’t really matter whether you like me or you don’t like me, and I don’t preach to impress people anymore. I stopped doing that a long time ago. I deliver what I’m told to deliver, and whether you receive it or not is none of my business; it’s your business”, he said.
Source: Ghana/StarrFMonline.com/103.5FM

Credit: http://starrfmonline.com/1.1879845


Paulina says: My goodness, my goodness what do we have here!!!! We appear to be regressing backwards with our bush mentality, our 'Victorian' cholera, open gutters, failing economy and now------- open attack on single women by folksssss who should know better!!! What next Ghana?  Collecting sika for Ebola ---ohhh sorry, -we are already doing that...dot, dot, dot......

 

Moved to Share: Alliance for Accountable Governance (AFAG)'s "Aagbe Wo" Demo: Thursday 6th November 2014


"Aagbe Wo" Demo: Thursday Nov 6th
In the wake of Government's insensitivity towards the plight of Ghanaians, the Alliance for Accountable Governance (AFAG) and the good people of this country will on Thursday the 6th of November 2014, take to the streets to bare our teeth out against the enormous corruption perpetuated and supervised by the NDC government. This well organized, and despicable crime against the good people of this country, has dwindled the economic fortunes of the state and virtually every household in the Ghana.

Corruption has become more of the norm than exception. No week passes without another act of corruption under the NDC regime exposed. AFAG is talking about the high indecision, and lack of principles of transparency and accountability under this John Mahama led NDC government.

This NDC government has left a huge stock of debt without value for money or capital investments. In spite of all that has been said in the past against the NDC on corruption, our "yentie obiaa" president has endorsed another well-organized act of corruption baffling imagination.

While Tetteh Quarshie interchange cost $32M, Sofo line interchange the most intricate in Ghana costing $38M, the N1 highway with six lanes and 2 interchanges spanning from Tetteh-Quarshie to Mallam cost $110M. However, that of Kasoa a much smaller one is to be constructed by a corrupt Brazilian company at $174M. This $174M loan was part of the loans pushed on parliament for approval during their emergency sitting 3 weeks ago. We understand this company is a baby of someone at the highest level of government and is untouchable. So we ask, who is behind this company?

This Brazilian company Queiroz Galvao Construcao is the same company that just constructed the controversial Umbraer jet ($25M turned $88M) hangar at Kotoka International Airport. This same company is constructing the circle interchange at an inflated cost of 78 million euros. Other competitive companies estimated this same project at 46 million euros.

What is more intriguing is the approval of $168M loan 3 weeks ago as extension works on the already inflated circle project. What kind of extension is worth more than the N1 highway from Tetteh-Quarshie to Mallam? This company used as a corruption vehicle has also been awarded with the Tamale airport project. Is the IMF aware of this well organized crime against Ghanaians? Are there no Ghanaian constructing companies? Why are the projects well over inflated? Because of economic mismanagement and greed we have had to run to IMF begging on our knees for funds and promising to adhere to their harsh conditionality.

Fellow countrymen, for those eyeing economic fortunes after 2016(having caused the mess), this suffering is far from over. Our intelligence from Washington around the corridors of the IMF shows that, government has been advised to introduce VAT on petrol and other petroleum products. Economic chaos ahead!!! Mr. President if this is so, AFAG can assure you of the greatest non co-operation of Ghanaians.

Fellow Ghanaians, our lives are in danger by these untruthful economic scavengers. There is merciless hardship visiting every household except for the NDC and their appointees. Worst off is the fear of workers going home as paupers. Pensions are in danger. How on earth can a retiree be on GHS 200 a month? Workers life is been toyed with, they cannot locate their deductions. This is painful. Certainly government is not getting it right. It is their money give it back to them Taking them to court without releasing their funds to them is shameful and pathetic.

Fellow Ghanaians, we need to rise up and stand for our right. The economic mess is debilitating. No consistent supply of electricity and water, yet we pay ever increasing tariffs on utilities. World market price of oil is on the decline yet we are paying high prices for petrol and its related products. They say the dollar is falling against the cedi yet import duties are so high that various trading companies are folding up and the price of items soaring. Cost of living is so high. The home we have is now a hell to live in.

Mr. President, Ghanaians are maiming. The economy is "hot and killing (Aagbe Wo)".
In this regard we call on all Ghanaians, young and old, employed and jobless, home and abroad, civil societies alike, public advocates, political parties and trade unions to join AFAG on Thursday the 6th of November, as we demonstrate to show to the world, the level of economic hardship, corruption has plunged Ghanaians into.

This AFAG demo is premised on corruption & economic hardship and title in GA language "Aagbe Wo". Come demonstrate to save Ghana on Thursday 6th of November starting from Obra spot and ending at hearts park.

AFAG Leadership


Paulina says: My fatigue with regards to Ghana's failing economy is real -------------------sooooo real its taken Alliance for Accountable Governance (AFAG)'s emotive words above to bring me back..... The thing is ........we really need the heavens to start exposing all those using La Ghana government contracts to buy: art, Christian Louboutin shoes, Hublot watches or Hermes bags --now!!! If not, the Ebola money will go the same way!!!   For more info about the above demo or to find out more about Alliance for Accountable Governance (AFAG) --visit their FB fan page via: https://www.facebook.com/AFAGGH