Kennedy Kankam indicted in AG’s report

A report by the Auditor General has indicted former Member of Parliament for Nhyiaeso, Kennedy Kwasi Kankam, in its report.

Mr Kankam, who was a former accountant with the Kumasi Metropolitan Assembly (KMA), has been asked by the report to immediately take steps to recover an amount of GH¢500, 000 granted as a loan to over 300 people in his constituency.

“The [then] Member of Parliament for Nhyiaeso, Kennedy Kwasi Kankam together with the erstwhile Finance Officer Daniel Kofi Kankam and the Coordinating Director, Samuel transferred a total amount of GH¢500,000.00 from the Members of Parliament Constituency Labour Project Fund and Social Investment Fund to a privately-owned bank for onward disbursement to 430 people on loan, recoverable by August 2020.”

“But as at January 2021, no recovery had been made, thus exposing the assembly to a high risk of losing the GH¢500,000.00, which could have funded projects to the benefit of the entire community,” the report said.

The Audit Service recommended that Mr Kankam, and the officials involved, to “take steps to recover the amount into the KMA Member of Parliament for Nhyiaeso’s Common Fund account”. -3news.com

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