Government is no longer interested in pursuing the mysterious millions of dollars said to have been stashed in a Swiss account by Ghana’s first President, Dr. Kwame Nkrumah.
A source close to government's Economic Management Team told Joy News on Friday, the alleged account is senseless and too good to be true.
A scheduled trip to Switzerland to ascertain the authenticity of the account has subsequently been canceled.
The source said nothing credible has been provided to warrant a continuous hunt for the money.
He suspects the ‘messenger,’ Gregg Frazier, who has on countless occasions pressured governments, past and present, to pursue and claim the mysterious amount, has a personal motive.
In an interview with Citi News, Gregg Frazier sounded not the least amused with comments attributed to some government officials which he said sought to undermine his credibility.
He challenged the Mills administration to set up an investigative committee, akin to that of the Ghana@50 celebrations to pursue the matter.
He said past governments have failed to retrieve the said amount, largely because they chose the “stupid way.”
According to him, a total of $47 billion interest free amount is in one of seven accounts waiting to be withdrawn by the government of Ghana.
He could not however tell the amounts stashed in the six other accounts largely to what he said are attributable to inconsistencies in the world financial system.
In what is believed to be his first pronouncement on his motivations for pursuing the agenda, Mr. Frazier said he only needs Ghanaian passports for his children and a land to set up a hospital in Ghana.
The Oman Ghana Fund was said to have been activated in 1959 by Dr. Kwame Nkrumah with the help of some Pan-Africanists with the aim of developing Ghana and other African countries.
Story by Nathan Gadugah/Myjoyonline.com
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Prof. Samuel Ato Duncan launches historic blueprint for global sustainable peace
6 mins -
‘My heart bleeds’- Kurt Okraku reacts to Black Stars’ AFCON failure
1 hour -
I won’t resign as Black Stars coach – Otto Addo
2 hours -
Free SHS: Expired rice distribution saga is mere propaganda – Chief of Staff
2 hours -
We knew we could beat Ghana- Niger coach Badou Zaki
2 hours -
Former NSMQ ‘shark’ returns to school, says the future is bright
2 hours -
AFCON 2025Q: Ghana lose 2-1 to Niger at home to end disastrous campaign
2 hours -
AFCON 2025Q: Ghana lose to Niger at home to end disastrous campaign
2 hours -
Catholic Bishops Conference calls for strengthening of state institutions ahead of elections
3 hours -
Nana Asihene laments how some musicians stalled his documentary on Ghanaian music
3 hours -
Ntim Fordjour awards Assin South’s best teacher a car, along with prizes for others
3 hours -
Over 80% of non-functional fire tenders restored – GNFS
4 hours -
Louisa Atta-Agyemang elected Chairperson of Democrat Union of Africa
4 hours -
Propaganda and rumours have no place in education – Chief of Staff on ‘expired’ rice scandal
4 hours -
Couples display Ghanaian culture at 2024 Joy Prime Made in Ghana Fair
4 hours