Thursday, May 28, 2015

I funded the NPP 2012 campaign with GHc1.5m loan –Ofori Atta



The Former Chief Executive of Data Bank, Ken Ofori Atta has said he is behind obligation that arises from a GHC 1.5 m loan facility secured during the 2012 New Patriotic Party (NPP) elections.

“It has come to my notice that a letter written to me and copied to the National Chairman, from the Prudential Bank about a transaction that took place during the 2012 election campaign is being circulated in sections of the media….I am personally liable for any obligation that arises from this transaction and not in anyway the New Patriotic Party,” Ofori Atta explained.

According to him, the facility was taken to “complement” the resources the NPP had raised to support the operations of Polling Station Agents.

He said the disbursement and transfers of the facility was supervised and executed by the then Campaign Manager.

“This was to supplement the entire polling station operation on Election Day (D Day) including logistics, feeding and stipends.
It must be noted that this amount was not the total amount spent on D Day operations,” he said.

He remarked that the party was “fully aware” and “grateful” for the transaction.

He also urged the supporters of the party and the entire public to “disregard the mischief that the leakage of the letter and those behind it seek to create.”

“Our party has always been proud to fund itself by contributions and sacrifices of its members. This loan was guaranteed privately and the party therefore is not directly liable for it.”

Below is the full statement by Ofori Atta

28th May 2015

PRESS RELEASE

Debt with Prudential Bank

It has come to my notice that a letter written to me and copied to the National Chairman, from the Prudential Bank about a transaction that took place during the 2012 election campaign is being circulated in sections of the media.

The letter titled ” Re: Repayment of Overdraft facility of GhC 1,500,000 Demand Notice” is requesting repayment of a facility that I as Chairman of the 2012 Presidential Campaign Finance Team contracted and Guaranteed for purposes of the elections in 2012.

I am personally liable for any obligation that arises from this transaction and not in anyway the New Patriotic Party.

The facility was taken to complement the resources we had raised to support the operations of our Polling Station Agents.

The party leadership at the time was fully aware of it and grateful. The disbursement of these funds was supervised by, and transfers executed by the Campaign Manager.

This was to supplement the entire polling station operation on Election Day (D Day) including logistics, feeding and stipends.

It must be noted that this amount was not the total amount spent on D Day operations.

I would urge the supporters of the NPP and the entire public to disregard the mischief that the leakage of this letter and those behind it seek to create.

Our party has always been proud to fund itself by contributions and sacrifices of its members.

This loan was guaranteed privately and the Party therefore is not directly liable for it.
Signed

Ken Ofori-Atta

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