Dr Samuel Sarpong – former Managing Director of State Housing Company
Incontrovertible information available to Accra24.com indicates that the former Managing Director of the State Housing Company (SHC) under the erstwhile Mahama administration, Dr Samuel Sarpong would face prosecution for misappropriation of public funds during his tenure in office.
Dr Samuel Sarpong during his tenure as Managing Director of the State Housing Company (SHC) was alleged to have misappropriated public funds, to the tune of GH¢10million.
Dr Sarpong was said to have been involved in alleged dubious deals that robbed the state of huge sums of revenue, running into several millions of US Dollars, Accra24.com has gathered
The deals among others include alleged questionable transactions involving the sale of four plush mansions at Labone, an affluent district of the capital, Accra, to his cronies at rates far below the begging price on the housing market.
The mansions valued at about US $600,000 each were sold for around GH¢ 300,000 to cronies of the top managers of the struggling State Housing agency.
The former MD also allegedly masterminded the sale of over an acre of land at the Ring Way Estates valued at over a million US dollars to his friend for a meagre GH¢400, 000.
A credible source revealed that Dr Samuel Sarpong bank accounts have since been freeze by a court as part of investigation processes and would be charged for negligence and causing financial loss to the state soon.
Dr Samuel Sarpong has been reported to the American Embassy on other allegations our sources reveal while a docket to prosecute Dr. Samuel Sarpong has been forwarded to Attorney General’s Department for study.
It is gathered by Accra24.com that he is likely to be the first former government appointee under the Mahama administration to be hauled before the courts next year.
You must be logged in to post a comment.
RECORD ALL RADIO STATIONS FREE
Nana Nsoroma showcase another beauty in his new single “Otan Hunu” (Video)
Full Certified 2020 Ghana Presidential Election Results, As Nana Akufo-Addo was declared WINNER [Video]
The Electoral Commission of Ghana To Announce 2020 Presidential Election Results Soon
Alleged conversation between Tracey Boakye and MzBel about Former President Mahama leaks [Video]
NDC Original Video Is Out: Allegation Against President Nana Akufo-Addo by the NDC was doctored [Video]
Birthday Sale: Basic Plan only $2.65/mo. for 36 months!
Get AFCON 2019 Egypt Top Teams, Matches, Fixtures, Kick-Off Times, Standings, Results etc.
Copyright © 2021 GhanaPa.com - The Goodness News Portal | All Rights Reserved | Powered By OFM Computer World | All Ghana Radio Stations | Our Policy
Powered by OFM Computer World.com OFMTV.COM