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Richard Jakpa leads National Security to raid home of Dr Addison, Ex BoG governor

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Armed men numbering about twenty and led by Richard Jakpa, Director of Special Operations at the National Security Secretariat, have raided the private residence of the former Governor of the Bank of Ghana, Dr Ernest Addision, turning it upside down.

 

The raid, which took place on Wednesday, 19 March 2025, in the morning, occurred at the Roman Ridge property in Accra. Dr Addison was at home when the heavily armed men, some in balaclavas, wielding AK-47 semi-automatic rifles, showed up to conduct a search.

 

News has gathered that the team from National Security when they first arrived immediately disabled the CCTV system at the property.

 

They then demanded that Dr Addison lead them to the “vaults”in his house. Our source says the former Governor, in shock, told them calmly that he had no vaults or any such cache of cash at home.

 

This did not, however, deter the security personnel, who, according to eye witnesses, went ahead to allegedly ransack the house.

 

No vaults were found and no large amounts of cash were also found, according to Asaase News sources. After their search yielded no results, they decided to take the CCTV monitor and control unit with them.

 

Dr Addison, his wife and their entire family are said to be traumatised after the raid, a close associate of the Addison family told Asaase News.

 

A former retired senior official of the central bank, when contacted about the raid, had this to say: “This is the first time in the history of Ghana that such a thing is happening to a Governor of the Bank of Ghana. This is both scary and messy,” he said.

This is, at least, the second time Mr Jakpa has led a group of armed men to raid the home of high profile former appointees of the erstwhile Akufo-Addo administration since President John Mahama was sworn into office on 7 January 2025.

 

Mr Ken Ofori-Atta, Ghana’s longest serving finance minister, was the first such high profile person whose home in Labone, Accra, was also raided by over 15 armed men on Monday, 10 February 2025.

The raid was captured on CCTV cameras installed at the property, and the footage was subsequently released to the public.

Source: Asaase Radio

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MINISTER FOR YOUTH DEVELOPMENT AND EMPOWERMENT INAUGURATES GRANT MANAGEMENT COMMITTEE FOR THE ADWUMAWURA PROGRAMME

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Earlier today, the Grant Management Committee of the Adwumawura Programme was officially inaugurated by the Minister for Youth Development and Empowerment.

The inauguration marked a critical stage in the implementation of the Adwumawura Programme, because it symbolizes an essential step in our collective effort to ensure transparency, accountability, and equity in the management of public resources entrusted to the National Entrepreneurship and Innovation Programme under The Adwumawura Programme.

The membership of the committee was drawn from Industry Players, Academia, Financial Institutions, Development Partners and Government Agencies.

 

1. University of Ghana Business School Innovation Center

2. Ministry of Youth Development and Empowerment

3. Ministry of Finance

4. ABSA Bank

5. Venture Capital Trust Fund

6. British Council

7. Private Sector (C.E.O of Akosombo Catering)

8. National Youth Authority

9. National Entrepreneurship and Innovation Programme

10. Ghana Youth Federation

11. MASLOC

In his remarks, the Minister for Youth Development and Empowerment reaffirmed government’s commitment to youth empowerment, job creation, and sustainable entrepreneurship. He emphasized that the Adwumawura Programme is not just about funding, but about building resilient businesses that can drive inclusive national development. He charged them to uphold the highest standards of professionalism, fairness, and diligence in the discharge of their duties.

The C.E.O of NEIP highlighted the need for the Grant Management Committee to be intentional about inclusiveness, equity, impactfulness, and innovation in the selection of at least 2, 000 viable businesses.

On his part, the Board Chairman assured the committee of their full support and urged them to execute their mandate dispassionately, transparently, in a non-partisan manner that will engender trust and confidence in the selection process.

Prof. George Acheampong from the University of Ghana Business School speaking on behalf of the committee thanked the Minister and NEIP for the opportunity to serve. He, on behalf of the committee members, assured the Minister and the Board of NEIP of their readiness and commitment to discharge their mandate diligently, fairly, transparently, and with utmost integrity.

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Chinese Ambassador bids farewell to President Mahama

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President John Dramani Mahama today granted an audience to the outgoing Chinese Ambassador to Ghana, His Excellency Tong Defa. The president lauded Mr Tong for strengthening the existing relations between Ghana and China during his tenure.

“You haven’t just been an ambassador or diplomat, you have been a friend, and I’m sad to see you go. Of course, our relations with China are excellent,” the President remarked.

Mr Mahama also thanked Chinese President Xi Jinping for his country’s involvement in negotiating Ghana’s debt restructuring and for providing significant support for Ghana’s development. He cited a $30 m grant for the Aflao Market Project and another $30m allocated for the construction of a new Science and Technology University in Damango.

“We want to see a greater cooperation with China in terms of logistics, in terms of training to move on anti-terrorism, in terms of building surveillance of our borders to make sure that we don’t have any infiltration of these areas”, he added.

President Mahama suggested a payment and settlement system between the two countries.

Ambassador Tong congratulated President Mahama on the successes chalked up in the first year of his tenure, especially in turning the fortunes of Ghana’s economy. He called for strengthening cooperation between the two countries in industry, trade, mining, and science and technology.

Ambassador Tong noted that the China zero-tariff arrangement for Ghana’s exports would soon be operationalised. He appealed to President Mahama for Ghana’s support for China’s bid to host the Secretariat of the new United Nations treaty on Biodiversity Beyond National Jurisdiction.

 

 

 

 

 

 

 

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President Mahama Unveils Major Welfare, Equipment Boost for Ghana Armed Forces

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President of the Republic and Commander-in-Chief of the Ghana Armed Forces, H.E. John Dramani Mahama, has announced a wide-ranging package of welfare improvements and major equipment acquisitions aimed at strengthening the operational capacity and morale of the Ghana Armed Forces.

The President made the announcement while addressing officers, soldiers, defence civilian staff, and invited guests at the West African Soldiers’ Social Activity (WASA), describing the measures as part of government’s commitment to building a modern, well-resourced military.

“The strength of any armed force lies in the professionalism, welfare, and motivation of its personnel,” President Mahama said. “As President and Commander-in-Chief, I remain firmly committed to ensuring that the Ghana Armed Forces are adequately resourced, well trained, and properly equipped to meet both current and future challenges.”

Major Equipment and Infrastructure Upgrades

President Mahama disclosed that government has begun a comprehensive retooling of all three services of the Armed Forces to enhance mobility, surveillance, and rapid response capabilities.

“As part of our modernisation drive, government is retooling all three services of the Armed Forces,” he stated.

He announced that a fleet of pick-up trucks, buses, and Land Cruisers has already been commissioned to improve operational efficiency, noting that this represents only the first phase of planned vehicle acquisitions.

According to the President, government is also moving ahead with plans to procure armoured personnel carriers, strategic drones, and advanced communication systems, as well as to establish Ghana’s first state-of-the-art Cyber and Electronic Warfare Centre at the Tamale Air Force Base.

“This centre will be responsible for maintaining surveillance of our borders and will also have the capacity to respond decisively in the event that our country comes under attack,” President Mahama explained.

Further equipment upgrades will include the acquisition of offshore patrol vessels for the Ghana Navy, four new Eurocopter helicopters for the Ghana Air Force, and a new executive jet to support executive travel and critical military logistics.

Forward Operating Bases and New Military Units

President Mahama also announced progress on the construction of Forward Operating Bases across the country, particularly in strategic areas.

“Two Forward Operating Bases in the northern part of the country are ready for commissioning, and adequate funding has been allocated in this year’s budget to complete four more before the end of the year,” he said.

He added that government has taken a strategic decision to establish two new military units in the Oti and Central Regions, in response to emerging security dynamics and the need to strengthen the national response framework.

Welfare Boost for Personnel

On welfare, President Mahama announced the implementation of a new salary structure for the Ghana Armed Forces, which will take effect in March, with arrears for January and February to be paid in the same month.

“I bring tidings of great joy,” he told the gathering. “Your new salary structure will start in March, and the arrears for January and February will also be paid in March.”

He also expressed support for the establishment of a Mutual Health Fund for service personnel and their families, announcing that seed funding for the initiative will be provided by the National Security Secretariat.

“The welfare of our personnel remains a top priority, and initiatives that improve healthcare access and financial security deserve our full support,” the President said.

Housing and Personnel Expansion

Addressing accommodation challenges within the Armed Forces, President Mahama acknowledged a housing deficit of about 14,000 units and welcomed a partnership between the Defence Industries Holding Company and FT Global to deliver 10,000 housing units over the next five years.

“Improving the living conditions of our officers and soldiers is essential to morale and operational effectiveness,” he noted.

He further announced that the ongoing recruitment exercise aims to increase the strength of the Ghana Armed Forces by 12,000 personnel over the next four years, to ensure sustainability and enhanced operational capacity.

Commitment to National and Regional Security

President Mahama concluded by reaffirming his administration’s determination to keep the Ghana Armed Forces professional, disciplined, and well-positioned to safeguard the nation.

“As Commander-in-Chief, I remain resolute in ensuring that the Ghana Armed Forces are fully resourced and positioned to serve Ghana, our sub-region, Africa, and the rest of the world with distinction,” he said.

The WASA event brought together senior military leadership, traditional and religious leaders, and other stakeholders to celebrate the service and sacrifices of the men and women of the Ghana Armed Forces.

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