How the excused PPA CEO cleared every one of the assets in his frozen financial balances

Adjenim Boateng Adjei
Data accessible to The Fourth Estate demonstrates that the excused CEO of the Public Procurement Authority (PPA), Adjenim Boateng Adjei, has removed all the cash from his financial balances that were frozen when examinations concerning his exercises started.
As indicated by sources, he got his records free from every one of the assets before the ongoing Special Prosecutor, Kissi Agyebeng, got down to business.
One of the significant disclosures in the "Agreements available to be purchased" embarrassment that saw the excusal of Mr Adjei was the immense measure of "unexplained" cash found to have been kept into his ledgers while he was in office.
Mr. Adjei was in office for over two years and more than GHc41 million cedis was paid in real money into his Cedi, Dollar and Euro accounts.
Following the "Agreements available to be purchased" analytical narrative created by Manasseh Azure Awuni, President Akufo-Addo suspended AB Adjei in August 2019.
The examination uncovered that Mr. Adjei framed an organization, Talent Discovery Limited, with his brother by marriage after his arrangement as the CEO of the PPA.
This organization won various government contracts through the prohibitive offering strategy. The agreements were supported by the PPA leading body of which Mr. Adjei was a part.
Ability Discovery Limited, the examinations found, didn't have the ability to execute the agreements. It then offered the agreements to people and organizations without the information or endorsement of the granting elements.
Past the suspension, the president alluded Mr. Adjei to the Commission on Human Rights and Administrative Justice (CHRAJ) and the Office of the Special Prosecutor (OSP) to research his direct.
The Ghana Integrity Initiative, Ghana's section of Transparency International, additionally appealed to CHRAJ to test Mr. Adjei and the leading body of the PPA for their job in the embarrassment.
In 2020, CHRAJ delivered its insightful report on the president's appeal. It viewed Mr Adjei to be entirelyliable of irreconcilable circumstance and different offenses.
CHRAJ prohibited Mr Adjei from serving in a position of authority for quite some time. He pursued the boycott at the high court and lost.
CHRAJ additionally uncovered that the aggregate sum in Mr. Adjei's records since he expected office in 2017 remained at GHc14.8 million.
"We track down the Respondent's [Mr. Adjei's] clarification totally inadmissible and that he was unable to make sense of the wellspring of the enormous volumes of overabundance abundance that went through his ledgers between March 2017 and August 2019 (unexplained riches)," CHRAJ's report said.
The Special Prosecutor at that point, Martin ABK Amidu, delivered a press explanation where he recognized CHRAJ for its report.
"The main issue with the CHRAJ report is that for reasons unknown it downplays the sums uncovered by the bank proclamations from the three financial balances of Mr. Adjei thoroughly looked into by the Auditor-General and this Office," Mr Amidu said.
The Special Prosecutor uncovered that from 2017 to August 19, 2019, Mr. Adjei had 15,691,559.30 Cedis, USD 4,467,655 and 54,500 Euros kept into his three financial balances.
Both CHRAJ and the Special Proscutor at the time expressed before expecting office, the sums kept into Mr Adjei's records were irrelevant when contrasted and what went into his record during his time in office.
As a matter of fact, the CHRAJ Report said "the Respondent [Mr. Adjei] opened USD Account Number 9040002473180 at the Stanbic Bank on 03 April 2017, after his arrangement as CEO of PPA."
Martin Amidu said, "I froze the financial balances of the multitude of suspects along with their lawful substances."
Data accessible to The Fourth Estate, be that as it may, demonstrates all the monies in the records have been removed.
Our sources say, the freezing request terminated and Mr. Adjei applied to the court to have it lifted. The sources say the OSP could never have kept the record frozen for over a year without following up on the justification behind which the record was frozen.
The Fourth Estate's sources additionally uncovered that when Martin Amidu left office in 2020, examinations concerning the "Agreements available to be purchased" outrage slowed down.
In the mediating time frame between his acquiescence and the suspicion of office of his replacement, AB Adjei went to court and had the freezing request lifted.
He then, at that point, continued to clear every one of the assets in the different records he held.
As per sources, other state organizations, for example, the Financial Intelligence Center (FIC) might have frozen the records when the OSP's structure had lapsed. On the off chance that this was done, the records would in any case stay frozen when the case was prepared for indictment.
The FIC, as indicated by sources, is the body that might have hailed and managed the immense amounts of money stores going through Mr. Adjei's records regardless of whether he was not associated with the "Agreements available to be purchased" outrage.
In February 2022, the Special Prosecutor, Kissi Agyebeng, said his office would before long report the end and further moves to be initiated on three defilement related cases soon.
The three were among 45 defilement cases that were being examined by the Office of the Special Prosecutor (OSP), and the "Agreements available to be purchased" was one of the three.
It is yet to be seen whether the indictment would zero in on Mr. Adjei's and his organization's association in the offer of the public authority contracts or the "unexplained" abundance he collected while in office or both.