18.05.2005 General News

More questions for Chief Kufuor

By jfm
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More questions have emerged ever since president Kufuor's son, Chief John Addo Kufuor, issued a denial of allegations over his involvement in alleged shady business transactions.

A member of the NDC, Tony Aidoo, says there's the need for careful scrutiny of the circumstances surrounding the purchase of a hotel close to the president's residence.

Dr. Aidoo says although there's no evidence of wrongdoing on the part of Chief Kufuor, his explanation that he raised money through a consortium of banks has raised several unanswered questions.

Dr. Aidoo wants the Managing Director of Prudential Bank, the leader of the consortium of banks, to provide details of the transaction.

“There are so many things that do not make sense. You go and borrow money from a bank, invest it in a property and obviously there must be a period of amortization of the debt, the interest must be payable at a certain point, then what are you doing with that money”, he asks.

However, some critics say the NDC has no moral authority to question the purchase of the hotel saying former president Rawlings never disclosed the source of funding for his children's education abroad.

But Dr. Aidoo says that argument cannot continue because public officers must be accountable.

“Lets for the sake of argument say that on the basis of patronage say that ex-president Rawlings is guilty of exploiting patronage as chief Kufuor is alleged to be doing. Are we going to say that this is the behavioural pattern that has been established and therefore anytime that behaviour is repeated, it must be justified by reference of what happened in the past,” he asks.

He says this attitude creates a convenient atmosphere for people to disturb the political process.

The president's son, Chief John Addo Kufuor, admitted being a shareholder of a multi-storey hotel under construction close to his father's residence, which was a security concern in the early years of the NPP regime.

Critics say the president's son used his father's influence to acquire the hotel from its original owner, who had initially refused to sell out

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