$90 million for rail sector 'missing'
By myjoyonline - Myjoyonline.com
Business/Finance | Fri, 03 Jul 2009
  Bookmark and Share   
Click for Full Image Size
WE MUST PROTECT OUR RELATIONSHIPS FROM BEING CONTROLLED BY BITTERNESS. - By: FRANCIS TAWIAH Duisburg - Germany
More Quotes | Submit a Quote
NEW: Ghana Tourist Villas offers an unforgettable holiday and business experience in Accra.
Transport Minister, Mike Hammah, says about $90 million the Kufuor administration claimed to have allocated to the railway sector cannot be traced.

Last year, when rail workers went on strike, the Kufuor administration said the amount had been voted for the rehabilitation of the country's rail transport system.

Government announced that a whopping $90 million has been voted to rehabilitate the railways.

Mr. Hammer told railway workers in Takoradi that he has studied files and accounts of the ministry for months but he is unable to trace the money.

The minister made this known when he met workers of the Ghana Railway company in Takoradi.


Source: myjoyonline - Myjoyonline.com
Rate This Story »
  Current rating: 0 by 0 users

 Comments To This Article

No comments have so far been submitted. Why not be the first to send us your thoughts?Add your comment

 

GSE All Share Index

Previous (17/11/2009) 5408.49
Current (18/11/2009) 5404.37
       -4.12
Change Year to Date
(Jan 01, 2009 - Nov 18 2009)
-48.19

Inter Bank Rates

Currency Buying(¢) Selling(¢)
Australian Dollar 1.3266 1.3497
CFA 303.7400 308.7300
Canadian Dollar 1.3554 1.3771
Danish Kroner 0.2857 0.2903
WAUA 0.4931 0.4807
Euro 2.1247 2.1596
Dalasi 20.2300 20.5700
Yen 0.0160 0.0163
Naira 113.4100 115.3100
Rand 0.1914 0.1943
S. Kroner 0.2078 0.2112
US Dollar 1.4267 1.4506
Pound Sterling 2.3967 2.4371
Swiss Franc 1.4056 1.4287

All trademarks and copyrights on this page are owned by their respective owners. 2001-2009, © Copyright ModernGhana.com

ModernGhana.com is part of Modern Ghana Media Communication Limited and NigeriaFilms.com