The Member of Parliament for North Tongu, , has raised concerns over what he describes as a sleazy midnight contract approved by the board of the Agricultural Development Bank (ADB).
According to the MP, the electronic servicing agreement deal, which has not gone through vital processes such as auditing and negotiations, has seen political pressure being brought to bear for prompt payment. "Intercepted memos continue to expose reckless and unpatriotic officials of the Akufo-Addo/Bawumia government for awarding sleazy midnight contracts and insisting on full payments before January 7, 2025.
The Board of the Agricultural Development Bank (ADB) met three days ago and hurriedly approved a controversial electronic servicing agreement valued at US$750,000.00 (GHS12 million). "Deep throat sources at ADB tell me they are under extreme political pressure to effect full payment by tomorrow, the 27th of December, 2024.
Top ADB insiders are shocked at the Board's decision because, apart from this deal not going through the audit department, negotiations with the vendor, Virtual Security Africa, have not been concluded, particularly as the main agreement is still in draft form," the MP wrote in a social media post on Thursday, December 26, 2024.
