
Ghana lost $11.4bn in gold trade leakages before GoldBod reforms – Sammy Gyamfi
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26th October 2023 11:21:57 AM
2 mins readBy: Chris Kodo

Ghanaian singer and songwriter, Wendy Shay, on October 25, released her new track, "African Money."
"Africa Money" which is now out on all platforms, has garnered massive attention due to the theme of the song.
The music focuses on how government officials in Africa are embezzling state funds against engaging in developmental initiatives that would better the wellbeing of citizens.
Wendy Shay, known to play with sensitive words and controversial topics, has done it again. This time, she went for the jugular.
She references former Sanitation and Water Resources Minister, Cecilia Abena Dapaah, as one of the individuals who is surrounded by huge sums of money but is unable to state exactly the source of the funds.
Part of the song sings, "African money na everyone dey chop oh nyafu nyafu.Our money na everyone dey chop oh nyafu nyafu.President dey chop oh nyafu nyafu. Governor dey chop oh nyafu nyafu.African money na everyone dey chop oh nyafu nyafu.Me ma ye dwuma Kora nanso onni sika (my mum works but she has no money)Aunty Cece nso da pahn, osore a sika nkoa (Aunty Cece sleeps al ot, when she wakes up, it is just money)".
Minister for Sanitation and Water Resources, Cecilia Abena Dapaah, and her husband, Daniel Osei Kuffour, are reported to have been robbed by two of their househelps in their home in Abelemkpe, Accra.
The two, 18-year-old Patience Botwe and 30-year-old Sarah Agyei are said to have undertaken their operation between July and October 2022.
At an Accra Circuit Court, Patience and Sarah are charged with one count of conspiracy to commit a crime and five counts of stealing, which include amounts of US$1 million, €300,000, and millions of Ghana Cedis.
Clothes valued at GH¢95,000, handbags, perfumes, and jewelry worth US$95,000 were reportedly stolen as well.
Three other individuals have also been charged in connection with the theft being investigated.
29-year-old plumber, Benjamin, is accused of dishonestly receiving GH¢180,000, whereas Kweku Botwe, a 65-year-old trader, has been charged for dishonestly receiving GH¢50,000.
The third, Malik Dauda, 23, who is unemployed, is said to have dishonestly received GH¢1 million.
It is alleged that the accused used the stolen funds to finance various properties and purchases, including renting a 3-bedroom apartment and a store in Tamale, buying vehicles, and funding other personal expenses.
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