Home / GENERAL NEWS / Leaked Document Shows GFA Budgeted $8.5m For 2023 AFCON When Prize Money For Overall Winner Is $7m

Leaked Document Shows GFA Budgeted $8.5m For 2023 AFCON When Prize Money For Overall Winner Is $7m

Spread the love

The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has revealed that the government approved a budget of US$8.5 million presented by the Ghana Football Association for the 2023 Africa Cup of Nations.

In a lengthy post on X (formerly Twitter), Okudzeto Ablakwa explained that his revelation is an effort to break ‘the basic information’ that the GFA and the Sports Ministry have ‘concealed’ to keep it out of the public eye.

The Black Stars had a poor outing at the 2023 AFCON, drawing two, and losing one of their three games played in Group B.

A 2-1 defeat to Cape Verde in the opening game was followed by 2-2 draws with Egypt and Mozambique in the second and final group matches respectively.

With just two points and a goal deficit, the Black Stars recorded successive group-stage exits from the AFCON, having suffered the same fate in the 2021 edition.

 
Read Samuel Okudzeto’s full statement below:

THE SECRET IS OUT; THE WAIT IS OVER — GOVT & GFA AGREED ON A BLACK STARS AFCON BUDGET OF AN ASTONISHING US$8.5MILLION (GHS105MILLION)

I promised in my publication last week on the staggering GHS27.9million taxpayers spent on the Black Stars between 2022 and 2023, that I shall subsequently, in the supreme national interest, share further information on financials relating specifically to the AFCON tournament in Côte d’Ivoire — I intend to keep that promise today.

Government and GFA officials have done everything under the sun to conceal how much they budgeted for the preparation and participation of the Black Stars at the ongoing 2024 AFCON.

Despite strenuous efforts by Parliament and the ever dynamic and courageous Ghanaian sports journalists, the Youth and Sports Minister and his allies at the FA have blatantly refused to disclose this basic information — information the Ghanaian people have every right to know.

Under a transparent and accountable governance system, there should be no struggle, hassle, tussle, and opacity over the Black Stars AFCON budget.

It is even more worrying that many days after Ghana’s internationally disgraceful and calamitous exit from the AFCON, and despite several press statements from the Sports Ministry and the FA, they have remained extremely tight-lipped on the Black Stars budget.

One wonders if Ghana’s AFCON Black Stars budget has become a nuclear code.

When an unaccountable government employs elaborate inimical schemes to hide information from the people, it is a patriotic duty to go every length to secure that information and bring it to the people’s attention — and SOA Oversight will not fail in that regard.

From the latest unimpeachable, irrefutable and indisputable intercepted documents in my possession — I can boldly confirm that the Ghanaian government and the GFA put together and agreed on a shocking AFCON preparation and participation budget of US$8,506,450.00.

This hefty US$ 8.5 million translates into a colossal GHS105 million at the current exchange.

Note that the GHS105million is entirely separate from the GHS27.9million spent on the qualifiers.

The figure of US$8,506,450.00 is contained in an intercepted letter from the Ministry of Youth and Sports, dated 2nd January 2024. It is addressed to the Minister of Finance requesting part payment of US$5,071,840.36 from the total Black Stars budget of US$8,506,450.00. The request letter in issue is signed by Chief Director of the Ministry of Youth and Sports, Mr. William Kartey on behalf of the Minister, Hon. Mustapha Ussif.

It would be interesting to know what thought processes went into a scary US$ 8.5 million budget for a bankrupt country which has defaulted on its loans and is desperately seeking an IMF bailout.

It is worth noting that the prize money for the winner of the AFCON is US$ 7 million. What this means is that even if the Black Stars had won the trophy, the public officials who put this budget together were determined to ensure that Ghana made losses in excess of US$ 1.5 million.

I have been wondering how government and FA officials in a country like Zambia can approve a total budget of only US$2.1million for the same AFCON competition and be fine, but Ghana has to live large and ostentatious — a bankrupt country undergoing debt restructuring and unable to construct resettlement homes for victims of VRA’s catastrophic spillage from the Akosombo and Kpong dams.

A painful addition to the scandalous GHS105 million budget is that it did not guarantee success on the pitch either.

It must be clearer now as to why the Akufo-Addo/Bawumia government and FA officials have put up such a brave fight, albeit undemocratic, just to hide the Black Stars AFCON budget.

Parliament must and will surely probe this astonishing budget when we resume from the 6th of February, 2024.

SOA Oversight shall be back with more explosive intercepted documents at 3 pm tomorrow.

For God and Country.

Ghana First 🇬🇭

 

The below document was attached to the post by the North Tongu MP

 

 

 

 

THANK YOU for constantly reading stories on MyGhanaMedia.com, a news publishing website from Ghana. Kindly like, follow, comment, and SHARE stories on all social media platforms for more entertaining updates!

Please subscribe to our YouTube channel:  https://youtube.com/@mgmtv113
Follow us on Facebook:  https://www.facebook.com/myghanamedia3
 

 

Source:  MyGhanaMedia.com

 

There are four types of content published on MyGhanaMedia.com daily: curated content; syndicated content; user-generated content; and original content.

 

 

 

 

 

 

Send your news stories to myghanamedia@gmail.com 

 

About Adwenpa-Hene

we publish on Entertainment, Sports, Politics, Lifestyle, and Technology. You can also follow Us on : YouTube Channel - My Ghana Media TV, Facebook - MyghanaMedia TV , Twitter - @MyGhanamedia2 & Instagram - My Ghana Media TV. Email Address: myghanamedia@gmail.com Contact Us: 0200818719

Check Also

Asantehene Receives 28 More 19th Century Looted Artefacts And Regalia

Spread the love The Asantehene, Otumfuo Osei Tutu II, has taken delivery of 28 gold …

x