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North Tongu MP, Samuel Okudzeto Ablakwa, has revealed the Minority in Parliament is investigating the real persons behind the Frontiers Health Services company which has in 18 months made almost Ghc1billion from COVID-19 testing at the Kotoka International Airport.
In a post on social media, Hon. Ablakwa writes indicating that a lead has been found and is being followed.
“One day, and soon it shall be, we will smoke out the real McCoys Frontiers fronted for in that sleazy extortionist airport testing scheme which trampled upon all Ghanaian laws with utter impunity,” he said.
It would be recalled that Frontiers, which has been linked to fugitive Nigerian billionaire, Benedict Peters, was sole-sourced for the controversial mandatory COVID-19 testing contract by the Akufo-Addo government.
Attempts by Ghanaians to investigate how exactly Frontiers traces back to Benedict Peters and his Peters family which is said to have a lot of its cash stashed away in tax havens have always ended in brick walls.
Franklin Cudjoe, President of the think-tank, IMANI Africa, has in the past described the arrangement under which Frontiers exists as a company as “Labyrinthine.”
And yet, through the Akufo-Addo company, this company managed to charge a whopping US$150 per COVID-19 test, the highest in the world.
“By our conservative estimates, the less than 2-month-old hurriedly incorporated Frontiers Healthcare Services Ltd made a staggering supernormal profit of US$130million (GHS984.7million — that’s almost a billion Ghana Cedis) over the last 18 months,” writes Ablakwa.
He adds, “You can bet rightly that a majority of Ghanaian companies doing legitimate business for decades have never seen that kind of balance sheet in their entire corporate life.”
“We are, quite clearly, our own enemies,” Ablakwa writes.