Chartered Accountant, Audit Manager, Tax Expert, Christian Crusader, Church Instrumentalist, Social Philanthropist, Community Advocacy, CEO of Big 'J' Creations
He was led in his evidence in Chief by Director of Public Prosecution, YVONNE ATAKORA OBUOBISA
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The 3rd Prosecution witness started yesterday and cross examination continues today
COURT UPDATE
In the NSS case of Gifty Oware-Mensah, the 2nd prosecution witness finished yesterday
Find below the cross examination on Monday where defense lawyer focused on proving he was NOT a CREDIBLE witness with inconsistencies in his witness statement and responses
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1. A major news channel in Ghana says there is a ruckus in the Bank of Ghana (BoG) board. One faction wants the BoG's swanky/controversial new HQ sold to a lucky real estate company and leased back at a juicy rate.
2. Apparently, a shrewd financier hopes to get bank financing for the whole gig.
3. Another faction is up in arms and is the one behind the leak.
4. Be that as it may, the BoG furiously disputes the news report. It says that such reports are, wait for it, dangerous because they have the potential to undermine public confidence in the BoG.
5. The BoG says that it "remains committed to transparency and will continue to engage stakeholders through its official channels."
6. Howzat?
7. In March 2025, the BoG told Parliament that it had tasked AESL to undertake a value for money audit into the HQ project. 15 months onwards, it simply REFUSES to publish the audit report.
8. Which is a serious problem because the costs of that giant edifice are a total blackbox and the whole project has been a masterpiece of opacity. Let me jog some memories.
9. BoG's Board took the decision to initiate the project in Dec 2019. The allocated budget was ~$100m. The procurement authority approved ~$81.9m. After the restricted tender was won by the contractor, the budget was suddenly jacked up to $121m. The BoG Board finally settled on $222.8m with the contractor.
10. But as I hinted earlier, the project is actually in the range of $600m if we are to be strict about the numbers.
11. In Feb 2025:
- $230m had been paid to the contractor.
- $31.8m was owed to the contractor.
- $8.6m was earmarked for a separate ICT contract.
- $15.8m was earmarked for integrated electronic security systems.
- $11.1m was earmarked for furniture & furnishings
- $48m was allocated for taxes & levies.
12. That is $345m, I lie?
13. Well, the original design that was costed for the clearly discredited tender at $100m included a bunch of things that the $345m hasn't delivered. And remember that the earmarked allocations were merely on budget. If cost overruns are just 2x, how much really are we talking about?
14. Here are the original design items that are yet to be delivered. According to the BoG, "grey boxes" have been provided for them to be added later:
- Data Center
- Currency Processing Center (no accounting, by the way, for the underserviced De La Rue-provisioned system),
- Specialised Security System
- Still not clear if the helipad is fully functional
15. Now, let's add the piece everyone forgets: the prime land!
16. The BoG acquired the West Ridge/SIC land by compulsory acquisition through E.I. 304. The going rate in that prime area is easily $1500 per sq m. BoG doubled the acreage of Bank Square from 73,000 sqm to nearly 150,000 sq m. That is $225m of prime land!
17. In short, this is a $600 million (& counting) project that has katanomically been hoisted as a massive success because of zero policy accountability.
18. What continues to fascinate me is how well katanomics explains this opacity (with elite complicity) and lack of policy accountability in a democracy as vibrant as Ghana.
@code_micky He's just like the late Junior Manuel Agogo, always at the right place at the right time.
The game diษษr e no dey sheda dey play biaa saaa
Our Master all the work hath done
He asks of us today;
Sharing his service, every one
Share too His Sonship may:
Lord, I would serve and be a son;
Dismiss me not, I pray.
MHB 580
The Transitional Provisions in Section 88(3) of the new Legal Education Reform Act & Matters Arising:
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1. The Law & its Effect
Section 88(3) of the new Legal Education Reform Act sets up a transitional path for students presently in institutions prior to the coming into force of the new law.
The Sec 88 provision confers a clear legal rights exercisable by students to apply for Law the Practice Training Course (LPT) at either:
a) Ghana School of Law; or
b) any university accredited to offer the LPT programme.
The purpose of this provision is to secure eligibility for current students whilst the new legal restructuring mechanisms are triggered for professional legal training.
2. The fate of Law Entrance Examinations under the new law
When the Act is assented to without more, the spectre of perennial entrance examination to Law School is a goner. Finito. Capish
3. Accreditation
The accreditation regime is to be administered by the newly established Council for Legal Education and Training & GTEC.
The framework requires that only universities that meet prescribed infrastructure, faculty, and training standards may be accredited to provide the LPT.
From where I sit, the likely candidates may be:
i. University of Ghana
ii. KNUST
iii. UCC
iv. UPSA
v. GIMPA
vi. UDS
vii. Central
viii. Mountcrest
ix. Zenith College
x. Wisconsin
4. Admissions
The likely scenario would be that, some accredited universities are likely to favour:
i. their present LLB Candidates; and
ii. past graduates or alumni with LLB
5. Postgraduate LLB due diligence
Postgraduate LLB holders must take deliberate steps to:
(a) verify institutional preparedness to confirm whether or not your university is to be accredited to offer LPT.
(c) Application process Preparedness for:
i. Ghana School of Law; or
ii. any accredited university opened to external candidates.
Prospective applicants must ready certified transcripts, certificates, and any required supporting documentations.
6. Graduates of Non-Accredited Schools
Scenario 1: Where an Applicants institution is not accredited: then the Ghana School of Law becomes the primary and most reliable pathway to pursuing the LPT
Scenario 2: where an Applicantโs institution is accredited, then admission is likely to be straightforward.
7. Life after Legal Reforms
Admission will remain competitive to any accredited
university.
8. Concluding Advisory Position
Section 88(3) creates a lawful path to legal education within the fresh framework.
Note: You cannot become a lawyer without Examinations. Law is the leveller. ๐