President John Dramani Mahama says flying $3 million to the nations soccer team was necessary even as a defender filmed kissing the cash helped send the team out of the World Cup with an own goal.
Mahama, whose government relied on the central bank to pay its bills last quarter, sent a jet with more than $3 million to Brasilia to prevent a possible boycott of yesterdays game against Portugal.
Defender John Boye can be seen kissing a stack of money in a hotel after it arrived by armed escort, according to Rio de Janeiro-based Globo TV. Boye scored an own-goal in the game yesterday as Ghana, whose team is known as the Black Stars at home, lost 2-1.
I believe valuable lessons were learned by all, Mahama said in an e-mailed response to questions from Bloomberg News. There was a problem with the initial mode of transportation for the payment and so we made other arrangements that, while unconventional, were necessary.
The Black Stars behavior off the field overshadowed its three games in Brazil. The Ghana Football Association denied it had agreed to fix future international exhibition games, suspended two of its top players for fighting and downplayed the threat of a boycott of the Portugal game. The London-based Daily Telegraph reported this week that two men offered the associations president a bribe to help fix matches.
The football association suspended Sulley Muntari of AC Milan and Kevin-Prince Boateng, who plays for FC Schalke 04 in Germany, for fighting with Coach James Kwesi Appiah and other squad officials.
GIVING ALL
I dont think you can place that many human beings together in a team, all of them stars in their own right, and not have some measure of ego display and some amount of discord, Mahama said. Our elimination at this stage is not for lack of talent or effort. The Black Stars have given their all.
Ghana tied three-time World Cup champion Germany 2-2 and lost to the U.S. 2-1 in its other two group games. In the last World Cup in South Africa four years ago, it reached the quarterfinals before losing to Uruguay on penalty kicks.
The sight of a cavalcade with police support ferrying the cash to the hotel where Ghanas team was staying wasnt a good image, said Jerome Valcke, secretary general of soccers governing body FIFA. It would have been better to do it in a normal way, which means a bank transfer, Valcke told reporters in Rio de Janeiro.
The payday for Ghanas soccer players comes as the countrys economy is struggling.
Growth will ease to the slowest pace since 2009 this year because of power shortages, a slumping currency and falling commodity prices, the International Monetary Fund said last month.
The central bank financing of the budget deficit led Fitch Ratings to warn of even higher inflation in a country that already has one of the highest rates in the world.
Source: Bloomberg.com
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