RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Ghana president sacks junior finance minister over corruption

Rate Captain by Rate Captain
November 15, 2022
in Economy
Reading Time: 1 min read
A A
0
Ghana president sacks junior finance minister over corruption
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Charles Adu Boahen, the minister of state for finance in Ghana, has been fired, according to the presidency, after allegations of improper behavior were made public by a renowned investigative journalist in that country.

According to a statement from the presidency, Adu Boahen was fired after the president learned of the accusations made against him in an expose. Akufo-Addo also forwarded the case to the Special Prosecutor for additional investigation.

AlsoRead

Naira Faces Fresh Pressure as US Dollar Index Climbs to 10-Month High

Nigeria’s Economic Reforms Driving Strong Domestic Capital Mobilisation – NGX CEO

Banks Raise N4.6 Trillion in Recapitalisation Exercise as Sector Prepares for Lending Battle

Finance Minister Ken Ofori-Atta is also facing calls for dismissal from members of parliament who accuse him of corruption and economic mismanagement as the country faces its worst economic crisis in a generation.

What happened

The accusations made against Ofori-Atta did not seem to be connected to those made against Adu Boahen.

In Ghana, the second-largest gold producer in Africa, artisanal mining is common and makes up about one-third of the nation’s output. Boahen was accused of accepting kickbacks from artisanal mine investors in a recent exposé by disgraced journalist Anas Aremeyaw Anas.

Vice-President Mahamudu Bawumia said in a statement the video showed Adu Boahen “apparently using my name, inter alia, to peddle influence and collect money from supposed investors”.

“I would like to state that if what the minister (Adu Boahen) is alleged to have said is accurately captured in the video, then his position as a minister of state is untenable. He should be dismissed summarily and investigated,” Bawumia said.

As Ghana experiences its worst economic crisis in a generation, Ken Ofori-Atta, the country’s finance minister, is also under fire from members of parliament who accuse him of corruption and economic mismanagement.

On November 6, hundreds of protesters marched through Accra, the nation’s capital, demanding that President Nana Akufo-Addo step down amid an economic crisis that has driven up the price of food and fuel to all-time highs.

Previous Post

Demand for OPEC-13 crude oil projected to hit 29.3 mb/d in 2023 – report

Next Post

Amazon To Sack 10,000 Employees

Related News

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Faces Fresh Pressure as US Dollar Index Climbs to 10-Month High

by Jide Omodele
March 30, 2026
0

The Nigerian naira is confronting renewed challenges in the foreign exchange market as the US dollar strengthens to a 10-month...

NGX Appoints an Advisory Panel on Digital Technology Products.

Nigeria’s Economic Reforms Driving Strong Domestic Capital Mobilisation – NGX CEO

by Victoria Attah
March 30, 2026
0

The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group (NGX) Plc, Temi Popoola, has said that Nigeria’s...

Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.

Banks Raise N4.6 Trillion in Recapitalisation Exercise as Sector Prepares for Lending Battle

by Jide Omodele
March 30, 2026
0

Nigeria’s banking industry has successfully mobilised N4.6 trillion in fresh capital under the Central Bank of Nigeria’s (CBN) recapitalisation programme,...

Nigeria’s Opportunity: Navigating Global Oil Surge Amid Libya’s Top Oilfield Disruption

US Cuts Nigerian Crude Imports by Nearly 50% in January 2026

by Stephen Akudike
March 30, 2026
0

The United States sharply reduced its imports of Nigerian crude oil in January 2026, with volumes dropping by 47.16% month-on-month,...

Next Post
Amazon To Sack 10,000 Employees

Amazon To Sack 10,000 Employees

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Faces Fresh Pressure as US Dollar Index Climbs to 10-Month High

March 30, 2026
NGX Appoints an Advisory Panel on Digital Technology Products.

Nigeria’s Economic Reforms Driving Strong Domestic Capital Mobilisation – NGX CEO

March 30, 2026

Popular Story

  • Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.

    Banks Raise N4.6 Trillion in Recapitalisation Exercise as Sector Prepares for Lending Battle

    0 shares
    Share 0 Tweet 0
  • Nigeria’s Economic Reforms Driving Strong Domestic Capital Mobilisation – NGX CEO

    0 shares
    Share 0 Tweet 0
  • Naira Faces Fresh Pressure as US Dollar Index Climbs to 10-Month High

    0 shares
    Share 0 Tweet 0
  • US Cuts Nigerian Crude Imports by Nearly 50% in January 2026

    0 shares
    Share 0 Tweet 0
  • FG to Sanction Elon Musk’s Starlink Over Regulatory Breach

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>