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‘BoG blocked our head office’s operational accounts’ — NSA explains use of Kumasi account for event payments

Headlines National Sports Authority (NSA) boss, Professor Peter Twumasi
MON, 12 FEB 2024 LISTEN
National Sports Authority (NSA) boss, Professor Peter Twumasi

The National Sports Authority (NSA) has provided clarification on why some payments for events held in Accra were directed to their Kumasi regional account.

In its appearance before the Public Accounts Committee (PAC) last week, the NSA was questioned by MP for Ningo Prampram Samuel Nartey George on why payments related to an event in Accra were received in the Authority's Kumasi account instead of the head office account.

This line of questioning brought proceedings to a pause as the NSA team took time to find a response.

In a statement dated February 12, the NSA cited restrictions placed on its head office accounts by the Bank of Ghana as necessitating the alternative payment arrangement.

“Due to the blocking of the Head Office Operational Accounts by the Bank of Ghana, it became necessary at that time to use a Regional Account associated with the Kumasi Office which is also managed by the Head Office,” said a portion of the statement.

The NSA further provided details of payments it received from the Burniton Music Group regarding the usage of Accra Sports Stadium for the Bhim Concert last December.

The total payment agreed on September 20, according to the authority was GHS169,090, comprising a GHS110,000 user fee, GHS24,090 VAT and GHS35,000 for sanitation and maintenance.

The NSA notes the group made full payment in three installments. The first of GHS70,000 was made on September 26, 2023.

The second installment of GHS70,000 followed on December 11, 2023. A final payment of GHS29,090 was received on January 8, 2024.

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Isaac Donkor Distinguished
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