Joy News Today || Five people in court for stealing over $1m from Sanitation Minister's home

Name: Joy News Today || Five people in court for stealing over $1m from Sanitation Minister's home
Uploaded: 2023-07-21T13:35:56+00:00
Duration: 44 min 45 s
Channel: The Multimedia group

00:00 Hello, good afternoon. Welcome to join you today. We're coming to you live from our studios in Kokomo

00:04 They were on DTT because we're free to wear on DS TV channel 4 to 1 and go TV channel 1 to 5

00:10 Welcome to join us your home of independent fearless and credible journalism this afternoon over 1 million dollars

00:18 Stolen from sanitation minister Cecilia the past home in a billing way. We have details of all that has happened

00:26 Also on the NPP presidential race will take you to a T region where Alan

00:34 Tremontine engages some party delegates on his bit to lead the party into the 2024 elections

00:40 Plus this afternoon there's a call for the issue of terrorism to be seen and dealt with as a societal vice

00:50 Separated from religion. We have details of why the negative impact of technology must be the focus

00:57 rather than religion

00:59 We also live on Facebook YouTube Instagram and Twitter join news on TV my personal handle is at the Nana Aisha, please

01:07 Stay for details

01:09 You

01:11 So house helps of Cecilia Bernada Pina her husband Daniel or cycle for before an across secured quote for allegedly stealing monies and

01:38 items running into millions of Ghana cities

01:41 The said monies were allegedly stolen from the couple's room in their house at a billing way a suburb of Accra in the greater

01:48 Accra region

01:49 80 year old patients butchery and 30 year old Sarah J

01:53 Allegedly sold the monies and personal effects of the couple between the month of July and October

01:58 2022 the first accused

02:01 Patients also has her current and former boyfriends as well as her father all being drugs before the same court

02:08 My colleague Joseph a couple a joins us via zoom with further details of the court case first

02:14 Who are these five individuals and all of them in court because of stealing from the minister?

02:21 Now some minister 18 year old patients portraying 30 year old Sarah J then there's also

02:29 patients father then a current and ex-boyfriend

02:34 Benjamin and Malik and a father is quick with a who have also been arrested and charged the claim of stealing is against the house

02:40 Helps where as the current ex-boyfriend and father said to have received various amounts of money

02:46 Hence the offense of dishonestly receiving has been leveled against them

02:50 Do we have a sense of how exactly these huge amounts were stolen?

02:56 We're still in from her room which is shares with her husband in June this year and the minister discovered that some items and money

03:04 I've been stolen to reported a matter to the police

03:06 Patients are they have been found to have entered the room using a duplicate key

03:11 So once she was arrested and granted bill and because she was a nursing mother

03:15 She went into hiding get out with a boyfriend

03:18 She rented a three-bedroom apartment at Tamale for more than a hundred thousand cities as well as a store at a cost of

03:26 120 thousand cities and the police retrieved

03:28 $40,000 and more than 72 thousand cities from her upon a second arrest

03:34 She's also alleged to have bought a house at the cost of seventy thousand dollars at Amrani. I finished it with brand new items

03:41 She also bought a Hyundai Elantra for a boyfriend

03:44 Then give an ex-boyfriend an amount of 1 million cities and the father received 50,000 cities

03:50 Tell us about the other items that were

03:54 stolen

03:55 So they are clues that were valued at 95,000 cities in terms of jewelry's them in value that

04:01 $95,000 there's also can take lot wet about

04:05 90,000 cities and six sets of men's suits valued at three thousand dollars

04:10 Which are properties of the minister's husband and what charges are the suspects facing?

04:15 For the main individual the two ourselves the charges are stealing while the other three individuals have been charged with dishonestly receiving

04:24 Mmm, you talked about how one of them bought a house bought a car and rented an apartment

04:30 Do we know what the others use the monies for?

04:34 No, we do not know what specifically they used for in terms of what has been guarded so far information only relates to the activities

04:42 of the two main suspects and that is Sarah and

04:45 Shins who at one point in time so Sarah was the initial

04:49 House of the patients was the one who replaced their subsequently

04:53 So we are told that those are what they know in terms of what they have used

04:56 Yeah, money so for the other individuals, there's no information in that regard Joseph. What's the status of the trial as we speak?

05:02 But the initial stages now the charges have been leveled a plea was not taken at that particular stage

05:10 And so the case will go back to the circuit court where the app you'll be taking and then the courts would expect that a prosecutors

05:17 Will comply with disclosures I making available to the accused persons the evidence

05:22 They intend to use against them and what they've got it so far that once they get that

05:26 They've got to fix it dates for the trial itself to commence

05:29 Mmm, what could be their fate should they be found guilty Joseph?

05:33 These are serious offenses. I mean for offense like stealing

05:38 We are looking at up to 25 years possibly because that is if the judge decides to impose the maximum sentence

05:45 This honestly receiving is way less than that. But the key issue is there still an offense which has come

05:49 against those two individuals, especially

05:53 Joseph a couple a's legal affairs correspondent with those details of what has happened with the

06:01 Sanitation minister but another interesting angle to the development is the question about why a minister of state would keep such an amount of money

06:09 In her house, where does she get such an amount and why does she not bank it from the anti-corruption point of view?

06:17 How does this come across I've been joined by vitas as in is an anti-corruption campaigner as I believe you've been following this story

06:24 With keen interest the question about why such a huge amount of money must be kept at home

06:31 By no other person than a minister of state. Let me gauge your mood on what has happened

06:38 As for the question as to why such money kept in the house

06:42 It's obvious if you don't want it to be known

06:46 You know the president said she can pay the debt and so if you go and put it in your bank

06:53 Maybe one day there will be some investigation and they'll find out that you are carving this money

06:57 And so the best is to put it under your bed. And this was the first time that a

07:02 Worker has stolen money from under the bed of some politician

07:07 So it's obvious that you don't want it to be made public

07:10 So you keep it under your bed, but then it now shows that

07:14 It is dangerous to put it under your bed

07:17 But how does this come across to you that a minister of state

07:24 Is keeping such amounts of money in their homes

07:28 It's very unfortunate because at a time that the city is depreciating

07:36 Because we are short of dollars

07:38 One person keeps this amount of money in the house

07:42 We don't know how many politicians, how many business people

07:47 are hoarding dollars in their houses, pounds and euros

07:51 And so definitely it is unfortunate and it shouldn't have happened. But you see it is a way of

07:58 laundering money

08:00 You put in your house and then one day you take it and go and buy an asset

08:04 And then it becomes a legal asset, I mean an asset legally acquired

08:07 Or even later you go and put it in the bank and say, "Oh, this money I stole my property and bought it." So that is the thing

08:15 But for now

08:18 The only thing we can do is call for an investigation into this matter and I will talk about three institutions that can investigate this matter

08:25 The Office of Special Prosecutors

08:28 Talks about a lifestyle audit

08:32 Can they conduct a lifestyle audit on the cover?

08:35 Number two, the GRA

08:38 Should investigate the source of the money and if there's a need

08:43 To find out whether it is business, whether they are paying taxes, whether it is gifts, whether they are paying taxes, whether it is a

08:50 disposal of assets, whether they are paying taxes

08:53 And thirdly, for the Commission on Human Rights and Human Rights to find out

08:58 Did she declare her assets at the time that she became a minister? And if she declared,

09:03 Did she include this money and other assets?

09:07 If not, then she will be called upon to explain how she acquired this money when she was a minister of state

09:13 I'm grateful for your time. Vitas Azim is an anti-corruption campaigner. There's been so many reactions

09:22 Coming in on social media. The former president John Mahama has tweeted and he said one million

09:30 dollars plus three hundred a thousand

09:34 Euros and millions of Ghana cities in the Ghanaian ministers home

09:39 Scandalous, even if I genuinely acquired why keep millions of hard currency at home?

09:45 Well, Nana Ikufuwa do ever set a good example for the public office holders in this administration

09:52 And that's coming from former president John Rahmani Mahama. There's been a lot of comments on social media

09:59 I'll share a few with you can

10:01 Dazzling says they have such money in their homes yet

10:06 They went to the IMF imagine the amount of money that will be in the homes of Ken of Riyadh

10:11 But me and a coup for the most painful thing is Gary so case will come and defend this

10:17 Abut sadiq says God protect the house help so they don't get caught

10:21 Mean and for saying Abdul says they have taken their eggs crasher

10:26 May God bless Ghana and protect these two brave Ghanaians

10:30 Eben says greedy leaders and the Alpebie says sanitation and laundering

10:36 Money laundering our bedfellows this begs for serious investigations

10:43 Too many it's a family feud a political battle between an uncle you see was man and nephew

10:50 Manaf Ibrahim in the NPP parliamentary primary in the Asawase constituency

10:56 With opening of nominations for NPP often consequences the thought of an easy race for

11:02 Manaf a former contender in the race has turned to be rather fierce contest others are also joining the NPP

11:09 including Haji Ezeinab Salo the Ashanti regional financial secretary of the NPP who doubles as regional head of

11:15 Maslock Nana Ojema puts a spotlight on the Asawase constituency days into the opening of nominations

11:23 Asawase has been a safe seat for the National Democratic Congress in the Ashanti region

11:29 It is one of the two constituencies in the region never won by the NPP

11:33 The closest the party has come to victory in the constituency was in 2016 when they lost to NDC's

11:40 Muntaka Mubarak by less than six thousand votes

11:44 NPP leaders are optimistic of victory if unity is fostered

11:48 Noah Owusu is first vice chair of the Asawase constituency

11:52 The party is convinced that when we come out with unity anything can be done

11:59 Muntaka isn't a small person when it comes to politics but we know that as we fought him previously

12:06 we can now come together and do something positive for ourselves

12:12 A staff at the office of the president Yusuf Osman is the latest candidate to have picked forms to contest the primary

12:19 A Mamprusi from the home of the Sariki Mamprusi of the Zongo community in Kwazaa

12:24 Yusuf is well known among residents of Sabun Zongo

12:29 To his supporters he is a unifying candidate because he is the only one who has refused to align to any faction in the party at the constituency level

12:38 Baron Atuguba touts the ability of the aspirant

12:43 We went to 2020 election, lost like 20,000 votes

12:47 So if I said if you continue on the same path, you will be able to win

12:52 So if I said if you continue on doing the same thing, you will continue to get the same results

12:57 And there is some saying that people do some skirts and blouse in Asawase constituency

13:02 So in case you present the same candidate and the other candidate who thought that people do the underground campaign against him

13:08 What would they do? They would go the same way, go and do campaign against him

13:12 It won't affect the candidate but rather go and affect the party at large

13:16 So thinking that new face is the person that can unite both factions

13:20 From the household of the Sareki Mampusi also is Manaf Ibrahim

13:25 Who has long worked towards leading the NPP in the constituency

13:29 The former staff of the Vice President's office was suspended by the party in 2016

13:34 Denying him of an opportunity to contest the race after filing nomination

13:39 His supporters who contend his suspension was not justified

13:43 Say Manaf holds the party's key to Sase's

13:46 He is a unifier, he is a philanthropist of this Asawase constituency and the nation at large

13:52 Because not being in a leadership role as an MC or MP or parliamentary candidate or whatever

14:00 He is doing so well in the areas of health

14:04 Asawase is a very good person, he is a good person

14:06 He is the one who made me say brother, he is a good person

14:10 He is a good person, he is a good person because he is a good person

14:16 He is a good person, he is a good person

14:18 Meanwhile, the Ashanti Regional Treasurer of the NPP, Hadjia Zainab Salo

14:23 Has announced her interest to contest NPP Asawase Primary

14:27 The regional Masluk boss expressed concern over lack of unity among party members

14:33 If I start my campaign, I will beg them to vote for me

14:39 So that we are able to bring unity among the party

14:42 Our intention and our agenda as an NPP is to break the 8

14:46 But you can't break the 8 without unity

14:49 Asawase NPP, we are more than even NDC

14:53 It is expected that others will pick nominations in the party's bid to wrestle power from the 5th term incumbent MP, Muntaka Mubarak

15:03 For JOYNEWS, Nanaia Ojima, reporting

15:08 Let's stay a while longer on the NPP because Siyabu Abin Asamoa, one of the campaign coordinators for Alan Sherman

15:15 Says the team is disappointed by the decision taken by the National Executive Committee

15:21 To decentralize the superdelegates' congress to prune the presidential aspirants from 10 to 5

15:27 He said they expect NEC to put the necessary structures in place to ensure a successful contest

15:34 Speaking to JOYNEWS, Siyabu Abin says they nonetheless have hope Alan will make it through

15:40 He's been speaking to my colleague Peter Seno

15:45 How is Alan's camp taking all of this?

15:49 We are disappointed but we have hope and we believe that once the leadership have made this commitment

15:57 They will design and implement the decision in a way that will benefit everybody

16:02 So yes, we didn't accept the idea in the first place

16:07 And yes, once it's been decided we have to accept it

16:11 But we have a right to be disappointed

16:13 But in being disappointed doesn't mean we've rejected the decision

16:17 What was the wish for the Alan team?

16:20 We don't have to go back to all those arguments

16:24 You know that it was for a centralized situation

16:27 I'm not willing to go back to discuss why and how

16:31 We've gone past that

16:33 The decision by the National Executive Meeting, the second highest decision-making body of the party

16:40 Is binding on all of us

16:42 They will have a regional special delegates conference

16:45 The important thing we have to realize is that the real election is still ahead of us in November

16:49 This is an administrative process

16:51 A mere requirement to reduce the numbers of aspirants to a manageable size of 5

16:59 It is for the party leadership to implement the decision in a way that meets the constitutional threshold

17:05 In a way that brings credibility to the party's processes

17:09 Because the party needs credibility and trust as we go forward into the general election

17:15 Does this affect the campaign of Alan in any way?

17:18 Absolutely not

17:20 The special delegates conference, like I said, is an administrative process

17:24 It's not the main thing

17:26 You simply pass through, literally, and continue to campaign

17:31 As we are now, campaigning in Dambai, Kratie, East

17:36 And very soon we'll move on to the other regions

17:39 Let's go live to my colleague Peter Seno, who is in the Ochi region monitoring events for us

17:47 Peter, we know that Alan Chairman Ting is wrapping up his campaign in the Ochi region

17:53 What has he been telling the delegates and what has been their response?

17:59 Currently we are in Dambai, the regional capital, where he is meeting delegates

18:10 It's a mistake, as we may have heard

18:14 The paramount of all is to put all party executives on a payroll

18:19 Get them a pension scheme and also get two local contractors

18:24 At a local level, when he becomes president, to execute local contracts

18:28 These are the main pillars of his message that is resonating well with delegates

18:34 He also says that he is the only candidate with a national appeal who has electability

18:40 Delegates should listen to the voices of people who are not even members of the NPP

18:46 That they wanted someone who would appeal to the market of the people

18:50 That has been his message here in the Ochi region

18:54 So far, he is wrapping up his call just to get out of the region

19:00 Monitoring the NPP's campaign towards the superdelegates' conference on August 26

19:10 Where to be for all of that is your election headquarters

19:16 The Bok Oil Storage and Transportation Company says it only has fuel reserve to last for weeks

19:24 And would have to rely on private sector players if there is a major crisis that cuts external supply into the country

19:31 BOST is mandated to build strategic reserve stocks to meet a minimum of six weeks of national consumption in the short and medium term

19:41 And to increase stock level to 12 weeks in the long term

19:45 But the managing director of BOST, Edwin Alfred Provencal, has revealed to joinees that the company has not been able to build a reserve since 2016 due to lack of funds

19:56 He spoke to George Riafi on PM Express Business Edition last night

20:00 I'm asked, do you have strategic reserves?

20:04 What I say is that we have inventory. I don't call that inventory reserves

20:09 Where help, Pakojo, a layman working in

20:13 So I have petroleum products in my tanks

20:16 But they are not strategic reserves. Why?

20:19 Because nobody is paying for strategic reserves

20:22 The strategic reserve levy, which is meant solely for strategic reserves, has been zeroed out since 2006

20:31 By who?

20:33 I don't know. The NPA, obviously. Then government in power

20:39 And so nobody is paying for the country to hold strategic reserves

20:43 So what we depend on is the inventory, the stocks in tanks that are monitored by NPA to ensure that at any particular point in time we are not running out

21:01 Mr. Provencal, for the layman again, when I think about BOST, the first thing that comes to my mind is strategic reserves

21:11 Now from your explanation, we don't have strategic reserves, we have inventory

21:17 Again, it comes back to the question about your mandate and whether you or the company itself

21:22 My mandates are three

21:23 Are you worried that as we speak right now, there aren't strategic reserves because nobody is paying for them?

21:29 And they are all inventory?

21:31 So this question has to go to the policy maker, not to me

21:36 I'm running a business

21:38 So who is your boss who puts you there and you share with them the lesson?

21:41 We know we don't have money to buy the strategic reserves, we know that

21:45 But what we do is we make sure we have enough inventory to keep the country running

21:52 The nation needs to have a certain conversation and that conversation should lead to how we are going to finance our strategic reserves

22:02 It's a very critical information

22:04 If you ask me whether Ghana needs strategic reserves, I say yes, Ghana needs strategic reserves

22:10 If you ask me whether a for-profit company like BOST should be the one going to take a loan from the bank to keep petroleum products for the nation

22:20 I would say no, we can't do that

22:22 Because the strategic reserve, like I said, is like an insurance policy

22:26 And you and I who benefit from the insurance policy, we need to finance that reserve

22:32 How to finance it is a discussion that needs to be had by the policy holder and various stakeholders

22:40 To find an optimal way of financing those reserves

22:44 President Barin Kaur has called for the conversion of some existing fuel levies to be into strategic reserve levy

22:56 The money that is earmarked to buy strategic reserves has been zeroed out

23:03 Do you think it should be brought back?

23:05 I think we should find an optimal way of financing the strategic reserve

23:10 If the levy is not the optimal way, then we should find an optimal way of financing the strategic reserve

23:17 There are other levies that I think some of them may have met their objectives

23:27 We can find a way of converting those

23:30 To recovery levy

23:31 We can find a way of, I don't know, but I know there are some levies that would have met their objectives already

23:37 And then some of them could be converted into, or could be transferred into a strategic levy or strategic reserve fund

23:44 That finances strategic reserves

23:46 With this inventory that you have, God forbid if there is a war and everything, we cannot import products

23:55 How long would this inventory be able to last?

23:58 With gold for oil in place, I think we could go about four weeks, not six weeks

24:05 But then there are other products in other petroleum tanks in the country

24:09 These are private?

24:10 Private, yes

24:14 The Bwipo Authority has contributed to ensuring proper sanitation practices

24:18 To help curb the outbreak of communicable diseases in Chiaveme

24:22 In the Ketunoth municipality of the Foto region

24:26 The power-producing company, through its corporate social responsibility

24:30 Constructed a mechanized borehole and a modern sanitary facility for the community

24:35 This is geared towards ending opendification in the community

24:40 To help Ghana attain Sustainable Development Goal 6

24:44 Chiaveme is a farming community located along the Hoden road in the Ketunoth municipality of the Foto region

24:51 Only a few households in the community, which has a population of about 1,200, has sanitary facilities

24:58 While the only public piss latrine is no more safe for use

25:02 Some residents were compelled to use the community basic school's toilet

25:06 While the majority of them engaged in bad sanitation practices

25:10 Chiaveme also lacks access to potable water

25:14 Residents rely on water from this dam and the rains

25:18 We have very poor sanitation conditions over here

25:23 At Chiaveme, honestly we don't have a decent public toilet

25:29 The one we have was the old one, the piss latrine

25:32 Which is almost not usable

25:35 So the sanitation condition is very poor

25:38 We don't have potable drinking water

25:41 We have a dam a few miles from here

25:46 That is where we drink

25:48 Even we have a few boreholes in the community

25:52 But they are salty, so we don't normally drink them

25:55 So we drink from a dam

25:57 Using water from the dam coupled with opendification

26:00 Contributed to frequent outbreaks of communicable diseases

26:04 Even household toilets are not used

26:08 When you go around, out of ten houses you only get one household toilet

26:14 The screening we did for the vendors this year

26:18 The tariff rate has increased in these communities

26:23 Because they don't have a place of convenience

26:25 Learning of the plight of the community

26:27 The Bwipower Authority channeled 650,000 Ghana cities

26:32 Towards the construction of a modern sanitary facility

26:35 And a mechanized borehole to serve the community

26:38 The Chief Executive Officer of Bwipower Authority

26:41 Samuel Kufi Jameshi

26:43 Said his outfit aims to contribute to improve sanitation across the country

26:47 As part of its corporate social responsibility

26:50 We are also interested in ensuring sanitation in various areas of this country

26:57 And this is not the only place

27:00 But of course for Vuta region this is the first place we've come to

27:04 Bwipower is in Banda, in Savannah region

27:07 We are also in the Western region

27:10 Where all the three rivers are supposed to be managed by us

27:15 And also other parts of this country

27:17 And we hope that we continue to do more for the people

27:22 In order that their social lives will be better than before

27:27 The residents of Chiaveme lauded Bwipower Authority for the initiative

27:31 And promised to ensure proper maintenance of the facility

27:35 Fred Kwame Asare, Joy News, Chiaveme

27:39 What's the live on Joy News today

27:47 We are in our studios in Kokomlemle

27:52 And it's on the final first street

27:54 Let's take a break, when we return there's more we'll be bringing to you

27:57 Before we take the break though

27:59 There's a call for the issue of terrorism to be seen and dealt with

28:03 As a societal vice separated from religion

28:06 That's according to some Muslim clerics who say

28:09 With terrorism and violent extremism spreading across Africa at an alarming rate

28:15 Counter efforts must take into account the socioeconomic drivers

28:19 Of terrorist recruitment aside religion

28:22 Listen to international Islamic scholars Sheikh Nour Dean Lemo from Nigeria

28:27 And Sheikh Wael Ibrahim from Australia

28:30 Who want much attention to be paid to the negative impact of technology

28:35 Among other things rather than blaming a particular religion for terrorism

28:41 Society and of every religion is just how far back into the past you want to go

28:46 There's always a time where people use religion to justify

28:50 Taking power and forcing others on their own interpretation

28:54 Every religion has it and it comes and it goes

28:57 So it's actually it's unfortunately it's not new

29:00 When you don't know what a good dollar bill looks like

29:07 It's difficult to identify the fake

29:11 And sometimes what happens is a society becomes very illiterate about its own religion

29:16 That somebody who is charismatic who touches the grievances of people

29:22 Can wrap religion and package it in such a way that it looks beautiful

29:27 You know we talk of false prophets we talk of the wolf in sheep's clothing

29:31 This is part of what you know human beings are used to unfortunately

29:35 But what we find is within the Muslim community

29:39 You have those Muslims who have grievances

29:42 And what we find also about terrorism and violent extremism is

29:47 Ideology alone without grievance doesn't produce movement

29:53 What they think they are doing is a liberation theology

29:56 But what we find is innocent people being killed

29:59 In the name of a religion that is teaching peace

30:01 And our responsibility as religious leaders is to vaccinate

30:05 If I use that term the community so that they are not recruited

30:10 They don't support it and they can quickly identify it

30:13 And you know call it out for what it is

30:15 And gradually we find these dying a natural death

30:19 Until God knows how many years later when people become ignorant again

30:22 Then it comes back again unfortunately

30:25 Thank you Brian

30:26 To answer the question briefly about the Quran part

30:29 Because you have to be very clear when it comes to those issues

30:33 So yes there are verses in the Quran that talks about fighting and killing

30:37 We have to be very clear and educate the masses

30:40 Because our religion Islam is a complete way of life

30:44 And Allah subhanahu wa ta'ala guided the believers on how to live in this life

30:48 In every aspect of their existence including when wars are waged

30:54 Confront us

30:55 Yes so how to behave in those wars

30:57 We have rules of how to actually come back with the enemies when they strike

31:02 But those verses are often quoted out of context

31:05 Like there is an ayah in the Quran

31:07 There is a verse in the Quran where Allah subhanahu wa ta'ala

31:09 Is talking to those people in the battlefield at that time

31:12 And kill the disbelievers wherever you find them

31:14 Imagine if you take that verse now and go down the streets of Ghana

31:18 And start killing non-believers or non-Muslims

31:21 And start this but if you continue the ayah

31:23 And this by the way like a one part of a very long ayah

31:26 Very long verse

31:32 And we take a break on Joy News today we'll be back with business

31:36 Hi good afternoon welcome to the news here on Joy News today

31:54 With me Pius Kujubaka

31:56 Now Ghana has not got any strategic petroleum reserves now for crisis moments

32:00 This has been confirmed by managing director of the Borg Oil Storage and Transportation Company

32:05 Edwin Provencal to join business

32:07 But he insists there is no cause for alarm for now

32:10 He's been speaking on PM Express Business Edition with George Yaffe

32:14 We know we don't have money to buy the strategic reserves

32:19 We know that but what we do is we make sure we have enough inventory

32:24 To keep the country running

32:26 The nation needs to have a certain conversation

32:30 And that conversation should lead to how we're going to finance our strategic reserves

32:36 It's a very critical information

32:38 If you ask me whether does Ghana need strategic reserves

32:42 I say yes Ghana needs strategic reserves

32:45 If you ask me whether a for profit company like Bost

32:48 Should be the one going to take a loan from the bank

32:52 To keep petroleum products for the nation

32:54 I would say no

32:56 We can't do that because the strategic reserve like I said is like an insurance policy

33:00 And you and I who benefit from the insurance policy

33:03 We need to finance that reserve

33:07 How to finance it is a discussion that needs to be had by the policy holder

33:12 And various stakeholders to find an optimal way of financing those reserves

33:18 Is the Bost margin not enough to take care of all these operational costs of yours?

33:23 No, Bost margin is strictly for maintenance and operation of the network assets

33:29 And it's, I mean it used to be about 37

33:34 2021 it used to be 37% of our income

33:42 2022 it moved to, 2021 it used to be about 47% of our income

33:50 2022, 2021 it got to 37%

33:56 2022 as I speak to you it's about 11% of our income

34:03 It's nothing to write home about

34:06 The Institute of Economic Affairs has indicated that over reliance on monetary policy

34:12 In addressing the hikes in inflation would yield no positive results

34:16 The Institute is entreating government to address the supply side of factors driving inflation

34:21 According to Director of Research at the Institute, Dr John Kwachi

34:25 More collaboration is needed between government and the Bank of Ghana

34:28 To address the country's high inflation in the media budget scheduled for next week

34:32 He was speaking at a media interface on Ghana's IMF bill out

34:36 Organised by the Economic Governance Platform

34:39 We rely on a monetary policy framework

34:45 That essentially focuses on controlling demand

34:50 Demand pressures in the economy

34:52 But what we have come to realise is that

34:55 Our inflation is also determined

34:58 You know, to a large extent by supply and cost factors

35:03 And this, we've been talking about food

35:06 Fuel, the importance of fuel in driving our inflation

35:11 Transportation, and then of course the exchange rate

35:14 So you cannot use the Bank of Ghana policy rate alone

35:20 You know, to just manage demand

35:22 You have to address the supply factors also

35:25 And this is what we have been calling for, you know, for a long time

35:30 And we're just asking both Bank of Ghana and government

35:33 To, you know, cooperate, work together

35:36 So that they can also be addressing the supply and cost factors that drive inflation

35:43 We are happy to note that when it comes to demand pressures

35:48 The programme contains a provision for reducing

35:54 What they call monetary financing of the budget by Bank of Ghana

35:57 In fact, government and the Bank of Ghana have signed a memorandum of understanding

36:02 Now, for Bank of Ghana not to lend to government at all

36:06 You know, under the programme

36:08 So that will help to reduce the demand pressures

36:11 But we think that they should do something about the supply and cost factors as well

36:16 And that's it for Business For Now

36:22 I am Pius Kujuba-Kadarobi at 1pm with The Marketplace

36:40 Off the tone, I'd be glad to be here with sports on joy news today

36:43 Former Black Stars captain Stephen Appiah has called on Ghanaians to be patient

36:47 With the technical team of the four-time African champions headed by Chris Hilton

36:52 In recent weeks, Hilton has been criticised by people who are closer to him

36:57 Especially manager of the Black Stars, Aminish Addo

37:00 And some members of the Executive Council

37:03 Notably Randy Abbe and George Amwako

37:06 Former Management Committee Chairman of the senior national team

37:09 They claim that the team has not improved since he took over a match this year

37:14 But Appiah reckons the technical team is deficient in terms of personnel

37:18 And wants stakeholders to be patient

37:21 Today, the football that we are all seeing is not about what we see on the pitch

37:28 The force is about the people who are on the bench

37:33 The technical staff

37:35 That's why today you will see that Chelsea Man City

37:39 They are even more than the team itself

37:42 The backroom staff

37:44 Yeah, we have people who

37:45 Italy went to the Euros

37:46 We did the Euros together

37:48 With 37 backroom staff

37:50 So you have a particular person who is focusing on Ireland

37:54 You have a particular person who is focusing on Messi

38:00 You have a particular person who is trying to look at the goalkeeper

38:05 But I don't think that we have the

38:08 So our technical team is deficient

38:10 No, I'm not saying that because I'm coming there

38:12 So I'm trying to say that at the end of the day

38:15 All this thing is money

38:17 Do we have the money to do that?

38:20 No

38:21 So we are deficient in our technical team

38:23 But there are other people who also talk about the chop and change

38:27 There hasn't been that consistency

38:29 Is that also a challenge?

38:30 No, it can be because

38:32 You see, I think we are living in a country where we don't have patience

38:36 We saw when you read Ferguson books

38:40 Yeah

38:41 When he started, I mean

38:43 It wasn't good

38:46 But they allow him to do his job

38:50 And we have to know one thing that

38:53 Any code that you bring

38:55 It comes with a different style of play

38:58 So the players will never get used to a particular play

39:03 That's why

39:05 Maybe

39:07 It looks like we are not getting

39:10 Like what we want to see

39:13 Our time

39:15 It was

39:16 One code that we

39:18 We had

39:20 Yeah, we had

39:21 And look at the way we played

39:23 I can close my eyes and I know where

39:25 Asamu Adjan is

39:26 Or Matthew Amwa is

39:27 And I will give him the ball

39:29 But today it looks as if we are not

39:31 I don't want to use the word confuse

39:34 It's too harsh

39:35 We are not getting it

39:37 So changing codes is to distract the system of the play of the team

39:44 Black Stars left back

39:48 Munta'a Kamehene

39:50 Says that GFA president

39:51 Ket Okuruku

39:52 Is the perfect man to lead the football government

39:55 But speaking on Prime Tech

39:57 He noted that Ket's decision to share football boots to players

40:00 Shows that he has a bigger plan or vision for development of football

40:05 You know, I always say that

40:09 In this world, whether you do bad

40:11 They will talk, whether you do good

40:13 Everything you do

40:14 And football is all about that

40:16 Even for us playing the football

40:19 This is how it is

40:20 People will criticise you

40:22 You understand

40:23 But it depends on you how you are going to take it

40:25 You understand me

40:26 But you don't need to pay more attention to people

40:28 Like in your life who criticise you

40:30 You understand me

40:31 Just try to pick something good out of that

40:33 So I think, you know

40:35 For him, the brain that he has

40:38 It's more than that

40:42 It's more what people are talking

40:44 You understand me

40:45 It's more what people are talking

40:46 So would you say that those of us

40:48 Or those who criticise Ket

40:51 They don't know the kind of person he is

40:54 And the knowledge and the vision he's got for God's sake

40:56 Yeah, this is what I'm saying

40:58 I can't tell maybe those who criticise him

41:00 That they don't know

41:01 You understand

41:02 Because this is what they say

41:04 You know, this is what they see

41:06 And they want to talk about that

41:08 You understand me

41:09 So if someone criticises you about something

41:12 You know, like

41:14 You don't need to tell the person you don't know

41:16 Maybe this is what they see

41:18 You understand me

41:19 So you have to work to prove them wrong

41:21 And this is what I'm saying

41:22 The brain that he has

41:24 It's more

41:26 Or he's seen like far

41:28 Beyond maybe what people are talking

41:30 You understand

41:31 That's your sponsor now

41:34 We do have more sports stories

41:35 On myjoyonline.com

41:37 Up next is Showbiz

41:38 Good afternoon, welcome to Showbiz here

41:53 I'm Joy Nusim

41:54 Now the CEO of Cruise People Limited

41:56 Daniel Van Der Poel says

41:57 He initially did not want

41:59 To get musician Black Sheriff arrested

42:01 For allegedly breaching a contract between them

42:04 Speaking to Joy Entertainment

42:06 He said that his company had booked Black Sheriff

42:09 For a Now Canceled show

42:11 Scheduled for August 19

42:13 And made a down payment of $20,000

42:17 Out of an agreed $40,000 ahead of the event

42:20 Hence, when he failed to send an agreed

42:23 10 to 15 seconds video

42:25 Advertising his participation

42:27 They used every available avenue

42:30 To reach out to him and his team

42:33 And for nearly two months

42:35 Got no response

42:37 The police would just not wake up

42:40 And arrest Black Sheriff

42:42 On a baseless or flimsy excuse from us

42:47 We submitted everything

42:49 So based on that

42:50 The police secured an arrest warrant

42:53 So it was either

42:55 When he's leaving

42:57 Or he's coming

42:58 And so

42:59 Immigration stopped him

43:01 Handed him over to the police

43:04 The police brought him to the police station

43:06 Gave him the opportunity

43:08 To

43:12 Listen to the complaint

43:13 And then the caution statements

43:15 Were read out to him

43:16 And he wrote his statement

43:17 Based on that he was granted

43:19 He was granted a bail

43:20 What's the next from here?

43:21 For us or for him?

43:23 For the case

43:24 Oh, well for the case it's simple

43:26 We have

43:30 A civil suit pending

43:33 We will submit

43:35 The details of that

43:37 To

43:39 Actually he will be served

43:41 You know

43:42 And he will look through it

43:44 And make a response

43:46 And if he wants to make

43:47 Ends meet by cutting a deal

43:50 If not, then

43:52 We want to pursue this

43:53 To this logical conclusion

43:54 Because you see

43:56 The way we were treated

43:58 Is not fair

44:00 That's all for Showbiz here on Joe News Today

44:02 There's more Showbiz news

44:03 In our subsequent bulletins

44:05 And that'll be all for the news I guess

44:07 Aisha

44:08 Of course

44:09 That'll be it for the news

44:11 Lady in Black

44:12 And for more news

44:13 Log on to myjoeonline.com

44:15 There's more of the news and updates

44:16 Of all the developing stories

44:18 Do enjoy the rest of our programs

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Joy News Today || Five people in court for stealing over $1m from Sanitation Minister's home

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