Politics

Akufo Addo and his gang ‘chop’ Covid-19 funds – Franklin Cudjoe fumes

IMANI Africa President Franklin Cudjoe has launched a sharp critique of the former Akufo-Addo administration, accusing it of mismanaging billions of dollars in Covid-19 funds and ignoring public concerns during the pandemic.

“We lived it, saw it, complained and Nana Akufo-Addo ignored us. In fact, Nana and his gang received almost $2bn free money to fight off Covid-19 and its impact on our economy.

“They raided the accounts and shared the money mostly among party faithfuls,” Cudjoe wrote in a social media post.

He cited findings from a special audit into the Covid-19 funds, which revealed that only 40 percent of the money received was properly applied to tackling the pandemic and its economic fallout.

Cudjoe also referenced a recent report by the World Bank that dismissed claims external shocks were solely to blame for Ghana’s economic troubles in 2022.

“In its 2025 Policy Notes on Ghana, the Bank was unequivocal; ‘The deterioration of global conditions due to the COVID-19 pandemic and the Russian Federation’s invasion of Ukraine was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,’” he stated.

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