Lawyers for IMANI Africa Vice-President Bright Simmons have filed a Right to Information (RTI) request (under Act No. 989) seeking full disclosure regarding the use of a total of GH¢3.6 million belonging to the Kumasi Metropolitan Council. KMA).
The funds were held by Fidelity Bank of Ghana, which has caused controversy after the bank allegedly failed to account for the funds.
According to reports, KMA has issued a warning over the amount in question, which is said to be part of an Gigalong 8 million loan secured by Fidelity Bank for the redevelopment of the KMA-Klofrom Market project. It has been suggested that.
According to the report, only GH¢5 million was released for the implementation of the project and the rest is unknown.
In a statement, Fidelity Bank denied any wrongdoing and clarified that “the amount of GH¢3.6 million indicated in the KMA announcement is not lost or unknown.” A total of GH¢8.6 million was disbursed in the first phase of the project, with GH¢4 million disbursed from Fidelity Bank’s approved facility of GH¢5 million and GH¢5 million from KMA’s own funds of GH¢5 million. It consists of GH¢4.6 million disbursed from contributions of GH¢. project. “
But Bright Simmons’ lawyers, Gratia Law Consult, said in the application that the applicants “request a detailed and thorough understanding of these arrangements.” [between Fidelity Bank and KMA] to aid his further factual reasoning and pursue his public interest objectives. ”
The lawyers added that they expect KMA to cooperate fully and grant the request without any anticipated delay. “For the avoidance of doubt, after careful consideration of the law and the circumstances at hand, Fidelity Bank, by reason of its transactions, is affiliated with KMA and other state-owned institutions and is in compliance with Law 989. It is eligible to be listed as an “associated private organization” within the meaning of the term and is, in any event, a quasi-public organization from the perspective of receiving public funds. KMA etc.
“Therefore, there are sufficient legal and public policy grounds for full disclosure of the requested information, without exceptions or exemptions, and without consideration of commercial secrecy.”
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