The New Trust Newspaper has gathered that the former Member of Parliament (MP) for Nhyiaeso constituency within Kumasi Metropolis, Hon.Kennedy Kwasi Kankam has come under siege again over his supposed appointment as Mayor of Kumasi.
This paper’s publication few weeks ago revealed that deep throat sources within Kumasi and Presidency has hinted that some of the contestants have contracted some leading Assembly members and media outlets to defame and discredit the former MP to get him disqualified from the race of Kumasi Mayorship.
It was therefore not too surprised to many Ghanaians when publication about him(Kennedy Kwasi Kankam) allegedly been indicted by the Auditor General’s report for given out loans to about 430 of his constituents from his share of the MP’s common Fund, though said soft loans have been reclassified to start-up capitals in line with the law.
The former Nhyiaeso MP has far back on 10th Setempber,2020 made a request to KMA entitled “RECLASSIFICATION OF SOFT LOANS TO BUSINESS START UP CAPITAS “ which was officially approved by the Assembly in line with the laws of the country and copied to Ashanti regional Auditor.
The former MP made the request in accordance with Part III Section 8(b),(d) and (e) as well as Part III Section 10 of 2017 guidelines for the Utilizations of the District Assembly Common Fund.
KMA’s RESPONSE TO THE REQUEST
In a letter dated 27th November,2020 entitled “RE-CLASSIFICATION OF SOFT LOAN BUSINESS START-UP CAPITALS” signed by Kwadwo Akuamoah Boateng, Metro Co-cordinating Director) for: Metro Chief Executive was also copied to the Regional Auditor ,Ghana Audit Service Kumasi-Ashanti.
The said letter reads,” Your letter referenced 2020/KMA/NHV/CF/004, dated 10TH September,2020 refers
The Kumasi Metropolitan Assembly, after due consideration, has no reservation about your request on reclassification of soft loans into start-up capital. Our decision is based on the negative effects of the COVID-9 lockdown and the demolition of the Kumasi Central Market on traders in our Metropolis.
In addition, the reclassification conforms to Part III of Section 8(b),(d) and (c)of the 2017 Guidelines on the Utilization of the District Assemblies Common Fund which will go a long way to improve the lot of our traders and also ensure the local economic development of our Metropolis, as a whole. We are therefore open to further discussions to take necessary steps in accordance with the laid down procedure to effect the change.Thank You”