Dubai property – MyJoyOnline https://www.myjoyonline.com Ghana News | Ghana's most comprehensive website. Independent, Fearless and Credible journalism Wed, 26 Jun 2024 09:24:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.myjoyonline.com/wp-content/uploads/2020/03/cropped-cropped-myjoyonline-logo-2-1-32x32.png Dubai property – MyJoyOnline https://www.myjoyonline.com 32 32 I’ve worked for 30 years, owning $133K property in Dubai no big deal – Moses Asaga https://www.myjoyonline.com/ive-worked-for-30-years-owning-133k-property-in-dubai-no-big-deal-moses-asaga/ https://www.myjoyonline.com/ive-worked-for-30-years-owning-133k-property-in-dubai-no-big-deal-moses-asaga/#respond Wed, 26 Jun 2024 09:09:47 +0000 https://www.myjoyonline.com/?p=10032542135 A former Member of Parliament for Nabdam in the Upper East Region, Moses Asaga has rubbished allegations that he may have done something wrong by acquiring a property in Dubai. A report by the UK-based think tank, the Crime and Corruption Reporting Project (OCCRP), has implicated several former appointees of the Mahama government, including Asaga, […]]]>

A former Member of Parliament for Nabdam in the Upper East Region, Moses Asaga has rubbished allegations that he may have done something wrong by acquiring a property in Dubai.

A report by the UK-based think tank, the Crime and Corruption Reporting Project (OCCRP), has implicated several former appointees of the Mahama government, including Asaga, Iusah Fuseini, and others.

The OCCRP report titled “How Dirty Money Finds a Home in Dubai Real Estate,” published on May 14, 2024, suggested that these persons had acquired real estate in Dubai worth millions of dollars while they served in the Mahama era.

The report also highlighted Dubai’s reputation for financial secrecy, suggesting it has become a sanctuary for funds from questionable sources.

But the former legislator in a response to Accra-based Citi FM, dismissed the claims and described them as a political machination.

According to him, he was in the position to legally acquire a property worth $133,000 having worked in various roles at Ecobank, GNPC, and as a Deputy Minister of Finance and Minister for Employment.

He challenged the narrative of wrongdoing by comparing property prices in Ghana, where new apartments are sold for upwards of $200,000 and luxury residences in Trassaco which can fetch between $1 million and $5 million.

“I thought I had done something criminal and corrupt worth investigating. $133, 000, shouldn’t I be able to own such an investment? What are the prices of Trasaco properties $1m- $3m who are staying there? Is it not politicians and majority NPP functionaries? Has the OCCRP gone to put a story on them? This is a political machination.

“So, they think for my 30-year working life I should not have an investment of that paltry amount. Before politics, I worked with Ecobank, and GNPC and was Deputy Minister of Finance, Minister for Employment, and CEO of NPA. I could not afford an investment of $133,000 for a student one-bedroom apartment. What is the crime and corruption involved in this?.

“In Ghana, new apartments are being sold for $200,000 plus, and Trasaco is $1m–$5m. Who stays in them is [it] not bankers, CEOs of GNPC, COCOBOD, BOST, and politicians,” he quizzed.

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