A few years ago, the Judgement Debt Commission led by Justice Apau made interesting observations about Krachiwura in a dubious and fraudulent intent case brought before it. Below is a section of that script. How can we use this information to educate his people? Yao
vii) The Volta River Re-imbursement Fund:
Another 15% of the total claims paid were fraudulently allocated to a fictitious fund by name “Volta River Re-imbursement Fund”. This Fund was established with the objective; “…to facilitate and procure an early, expeditious and timely release and payment by Government of Ghana of the agreed tranches of compensation…”
Investigations revealed that it was the Omanhene of Krachi Traditional area, Krachiwura Nana Mprah Besemuna III who led a group of claimants to form the Fund. Nana Mprah Besemuna III (also known as – 234 – Joe Como Mprah) who is a retired Commissioner of Police (CoP) assumed the Chairmanship of the Fund as well as the principal signatory to the Bank Accounts of the Fund.
Incidentally, Nana Mprah told the Commission that he was not a direct beneficiary of the compensation payments since he was not one of the claimants as such. Evidence before the Commission, however, showed that he has benefitted from the compensation payments more than any of the claimants from the Volta enclave has. He deducted 15% from the monies received by all the claimants from his Traditional area as their Omanhene, aside of the 15% deducted and paid into the Volta River Reimbursement Fund, which is under his direct tutelage. Available records also show that the Fund has not been duly registered at the Registrar General’s Department.
When this Commission requested him to submit a statement of account of the Fund showing how the monies lodged in the fund were disbursed, he failed to do so. He told the Commission that he was only accountable to the Fund members. Meanwhile, this Chief has recently been appointed as a member of the Board of Directors of the Volta River Authority (VRA) by Government.
viii) Non-Payment of Tax
The fact is that the Audit Department of the Ministry of Finance and Economic Planning acted negligently and carelessly by failing to undertake proper due diligence to ascertain the authenticity of the claim of GHc198 million submitted for payment even though data presented by the Lands Department showed patent discrepancies.
Quite apart from that, the Ministry of Finance and the Land Valuation Division of the Lands Commission again failed to deduct withholding tax from monies paid to Messrs. Kodwo Abban & Co. Out of the total sum of Seventy-one million Ghana cedis (GHc71 million) paid so far to the claimants, Kojo Abban and his wife, using the name of a defunct company, have been paid over Five million Ghana cedis (GHc5 million) without paying any tax on same.
Reference: Judgement Debt report