Samuel Okudzeto Ablakwa, the member of parliament for North Tongu, has expressed concern about the Agricultural Development Bank’s (ADB) board’s ratification of an electronic servicing arrangement worth $750,000 USD.
In a social media post, the MP described the contract as “reckless and unpatriotic,” stating that it was signed approximately three days ago.
“Deep throat sources at ADB tell me they are under extreme political pressure to effect full payment by tomorrow the 27th of December, 2024,” portions of the post read.
Leading ADB insiders, he said, are surprised by the Board’s decision because, in addition to the contract bypassing the audit department, talks with the vendor, Virtual Security Africa, have not yet been finalized, especially because the main agreement is still in draft form.
“The mad rush for midnight contracts and payments have reached uncontrollable levels despite a clear caution from the President-elect’s Transition Team — a caution consistent with what the NPP demanded in 2016,” he added.
A significant number of internal documents regarding these questionable transactions have been intercepted, according to the chairman of the Operation Recover All Loot (ORAL) program.
He warned that from January 7, 2025, public officials who give in to illegal political pressure and make payments will be held accountable.
