It has arisen at a Financial and Economic Court in Accra directed by Justice Afia Serwaa Asare Botchwey, that a previous Deputy Minister of Finance, Dr. Cassiel Ato Forson, didn't approve installment to Big Sea General Trading Ltd of Dubai for the stock of ambulances to the Ministry of Health.
Previous Deputy Finance Minister, Dr. Cassiel Ato Forson and previous Chief Director of the Ministry of Health, Dr. Sylvester Anemana as well as money manager, Richard Jakpa, have been accused of making monetary misfortune the state over the importation of 30 ambulances that framed piece of a transfer of 200 under an agreement endorsed between the Ministry of Health and Dubai-based firm, Big Sea Limited in 2012. Responding to inquiries during questioning by counsel for Dr Forson, Dr Abdul Basit Bamba, second arraignment witness, Edward Markwei Jr, who is Head of Trade Finance Unit of the Bank of Ghana and who dealt with the letters of credit, uncovered that past marking a letter on the power of the Minister of Finance, mentioning for the foundation of letters of credit for Big Sea Ltd, Dr Forson didn't approve installment to Big Sea.
Making sense of further, Mr. Markwei said that the command to support installment under the LC lay with the Ministry of Health who were the candidates. He likewise demonstrated that under the states of the LC, the Ministry of Health needed to endorse and acknowledge documentation introduced by Big Sea and approve installment before it very well may be affected. He said without the express endorsement of the Ministry of Health and their authorisation, no installment could be made to Big Sea and that the assets ensured by the LC would be held by government and the LC would terminate after a specific date.
He affirmed that the Bank of Ghana by a letter dated twentieth March,2015 addressed to the Ministry of Health, mentioned them to endorse delivering records introduced by Big Sea and give endorsement for installment of the principal tranche of EUR 790,000.
He said two different installments of EUR 790,000 each were made under a request by an Accra High Court and were not endorsed or approved by Dr Forson. Mr. Markwei additionally told the court, that his outfit never looked for or acquired endorsement from Dr Forson for installment on the grounds that the substance shrouded with that authority was the Ministry of Health
Mr. Markwei had prior conceded that a case contained in section 16 of his observer explanation that Dr Forson mentioned for the foundation of "Permanent, transferrable letters of credit" were mistaken and that the there was no notice of "unavoidable, adaptable" letters of credit in the letter endorsed by Dr Forson on seventh August,2014.
Mr. Markwei had proactively conceded at the last sitting of the court that the seventh August,2014 letter mentioning for the foundation of the LC for Big Sea, was endorsed on the power of the Minister of Finance.
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