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More Revelations Unfold…GIPC AGAIN!…Public Money Donated To NDC’s Heroes Fund!
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On-going investigations by The New Crusading GUIDE have revealed that many state institutions and public agencies made various financial donations and pledges to the ruling National Democratic Congress (NDC) when the latter held a Fund Raising Dinner for its much-heralded Heroes Fund held at the Banquet Hall on Friday 15 June, 2012.

One of the state institutions/public agencies which made the donations to the NDC-sponsored Heroes Fund, our investigations have revealed, was(is) the Ghana Investment Promotion Centre (GIPC) which has recently been in the news for issuing a cheque for GH¢4,000 in favour of a pro-NDC electioneering campaign movement called Volunteers For Mahama (VFM).

A letter dated 29 June, 2012 and signed by the Chief Executive Officer (CEO) of the Community Water & Sanitation Agency (CWSA), Mr. Clement Bugase, a former Member of Parliament on the ticket of the NDC (1996-2000) which was addressed to Mr. George Aboagye, CEO of GIPC, drew the latter (George Aboagye’s) attention to the fact that because only a few CEOs and MDs of governmental agencies/institutions were present at the June 15, 2012 Fund Raising event, and because the low-turnout of CEOs/MDs of governmental institutions had resulted in smaller “contributions compared to those made by the other groups… my colleague and I present were compelled to pledge on behalf of all CEO/MDs of the various governmental institutions”.

“We pledged that each CEO/MD would contribute at least One Thousand, Five Hundred Ghana Cedis (GH¢1,500.00) to the Fund”, Clement Bugase indicated.

He rationalised that colleague CEOs and MDs of the various governmental institutions would “agree with me that the contribution is for worthy cause and we must put our weight behind it. It is therefore my hope that all colleagues, CEOs/MDs will rise up to the occasion and contribute generously into the Fund”.

Predictably, Mr. Bugase’s Colleague CEO, Mr. George Aboagye, until yesterday, the CEO of GIPC, obliged his colleague and rose to the occasion, and instructed his Finance Department to advance GH¢1,500 to the NDC’s Heroes Fund.

“Pls advance GH¢1,500 to the Fund”, Mr. Aboagye minuted to the GIPC Ag. Deputy Director (Finance) on July 18, 2012.

The details of the Heroes Fund as given by Mr. Bugase were as follows:

• The Name of the Fund – The Heroes Fund

• Account Name – The Heroes Fund

• Account Number – 1011010093053001

• Bank Branch – Agricultural Development Bank, Ring Road

• Name of Administrator – Simon Mawator

• Board Chairman – H.E. Ambassador Victor Gbeho

• Phone Number of Administrator – 0266-154-434 / 0302-264684.

Records available to our Special Investigations Team (SIT) show a tall list of state institutions and public agencies which made various financial donations to the NDC’s Heroes Fund.

The same records show that those financial donations were made out of the public chest in favour of a party, partisan enterprise; the NDC’s sponsored Heroes Fund.

Please stay tuned for the full list of the state institutions and public agencies which paid out public funds in favour of the NDC’s Heroes Fund.
Source: Special Investigations Team (SIT)/New Crusading Guide/Ghana

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