Business in Ghana

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Posts Tagged ‘quality grain’

President Mills Cannot See The Problem

Posted by Business in Ghana on February 26, 2012

By Sydney Casely-Hayford,

As far back as July 2009 I wrote a piece on the Quality Grain Rice saga, which triggered a $22million loss to the Government of Ghana.  I wrote that piece under a series which I themed “A Guide to Corruption”.  The link to the article is here.

When Mr. Atta Mills was made Vice President and put in charge of the economic management team, he inherited the Quality Grain Rice project. He later testified to a court presided over by Justice D. K. Afreh in April 2003, that “ …. throughout my four years as vice president, there was no project which occupied more of my time than this Quality Grain Project”.

There were many red flags all over the case at the time and they were all ignored.  The government failed to join in several suits against Ms. Cotton.  They (Government) did not accept the FBI’s (who finally prosecuted and jailed Ms. Cotton in the USA) invitation to sue Ms. Cotton.  Prof. Mills said the reason for inaction was because the Government “had a “trump” card” – a deed of indemnity and a floating charge on assets. Read the rest of this entry »

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