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18 July 2017

Former YEA Boss Blows GHC8 Million In A Month

By Isaac Amoah-Asare

The former Chief Executive Officer of Youth Enterprise Agency (YEA), Kobina Beecham may be hauled before the Economic and Organised Crime Office (EOCO) to justify how in one month he splashed a whopping GHC8million on public sanitization.

According to a document intercepted, the immediate past YEA Boss approved outrageous amounts of monies including GHC5million just for the purposes of holding durbars for YEA beneficiaries.

The documents dated November 1, 2016 and signed by the then YEA Boss and the Director of Finance, Moses Abakah approved the transfer of various sums of monies to all Regional Directors of YEA for the month’s program.

The Greater Accra Regional Director was allocated an amount of GHC1,585,990.04 being the highest with the Upper West Region receiving GHC163,000.00, the lowest.

Although the monies were supposed to be transferred through their ADB accounts, ABC News has learnt that some Directors had to travel to the Head office in Accra to take their money in cash.

Apart from that particular transfer, Mr Beecham may also be required to give a comprehensive account of his stewardship. It would be recalled that, the newly appointed Acting CEO of YEA, Justin Kodua Frimpong recently held a press conference to lay bare the various breaches of the law including misappropriation of money.

The post Former YEA Boss Blows GHC8 Million In A Month appeared first on Mynewsghana.com.

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