OUR PASTOR WAS MISLED (ICGC) LEADERSHIP

Sellout Magazine
12-8-18

The leadership and membership of the International Central Gospel Church (ICGC) has pledged its total support and loyalty to their founder Dr Mensa Otabil, who has been widely discussed in the media in the past week as far as events that led to the collapse of Capital Bank, which he chaired, is concerned.“Throughout this period, you have demonstrated integrity at its highest level before us. Many of us have built our Christian character around the values you continue to exhibit.

The transparency with which you have led this church continues to motivate us to do same when it comes to matters of integrity. At a time like this, we affirm our loyalty to you and celebrate you as the embodiment of Christian character”, the ICGC leadership said in a statement.Meanwhile founding President of think tank IMANI Africa, Franklin Cudjoe, has said, “I am tempted to believe that Pastor Otabil was misled by his CEO,” in relation to the bank’s misapplication of GHS610 million liquidity support given to it bank by the central bank.Instead of using the money to restore Capital Bank to its knees, the management, with the approval of the International Central Gospel Church founder, diverted the money for other uses, leading to the eventual collapse of the local bank in August 2017.The monies were moved by a member of the Board, Ato Essien into companies believed to be owned by him and others, on the Board.

Some of that money was reportedly presented as capital to secure a licence for another now-defunct bank, Sovereign Bank.Among the flagged transactions were GHS 27.5 million used for business promotion which was handled by a board member; transfers to IFS amounting to GHS 23.9 million; transfers to Nordea Capital amounting to GHS 65 million, and transfers to Alltime Capital amounting to GHS 130 million.Commenting on the development, Mr Cudjoe said: “It does seem Pastor [Otabil] didn’t quite possess the financial ‘spirit’ and eye to detect that the financial engineering his CEO engaged in was beyond normal limits of risk.In Mr Cudjoe’s view, “There is no evidence that the board-chair pastor actively colluded with his CEO to embezzle GHS 610m, so, we cannot accuse him of wrongdoing”.He emphasized, however, that: “…As board chairman he [Pastor Otabil] must now take ultimate responsibility and ensure that we redeem the GHS 610m by not only selling assets of his CEO and others but also some of his own, to make up” to the loss.

THE MATTER CHOP HOT FOR 'JUBILEE' HOUSE

Sellout Magazine
9-8-18

This is not the best time to be a minister of state in Ghana. President Nana Addo Dankwa Akufo-Addo is about to name the men and women who will make it to the second half of his four-year mandate. Uneasiness among the ministers of state is heightened. Stomachs are churning. Hearts are pounding. And some faces are contorted in distaste.The list is yet to be officially made public. But sources in government say the list is almost complete. And with the firing of Boakye Agyarko from the Energy Ministry, it appears there is nobody who is indispensable in Nana Akufo-Addo’s government.Some will not make it the second half of Nana’s presidency, according to sources. Almighty Alan Kyeremanteng is been moved to health Ministry.The Minister of Gender and Social Protection, Otiko Afisa Djaba, according to sources will be dropped.The Minister for Aviation, Cecilia Abena Dapaah, is said to be moving to the Ministry of Sanitation. It is not clear where the current Sanitation Minister, Joseph Kofi Addah, will go.The Information Minister, Dr. Abdul Mustapha-Hamid, will head for the Ministry of Zongo and Inner City Development. The fate of the current occupant of that ministry, Boniface Abubakar Sadique, is yet to be announced.Kojo Oppong Nkrumah, one of the three deputy ministers of information, is likely to be named as the substantive minister for information following the movement of Dr. Mustapha-Hamid.Highly placed sources in government say the health ministry is likely to be affected.For those who have criticised the number of ministers and hoped President Akufo-Addo would use this reshuffle to prune the number, they will be disappointed. Some sources have told Manasseh Azure Awuni that the number of ministers will not be reduced. Number will remain 110.The sources further said the reshuffle will not be wide spread.

REV. OBOFOUR REVEALS SOURCE OF HIS MONEY AND LUXURIOUS CARS

Sellout Magazine
8-8-18
After dashing out brand new cars to some hardworking Church members, Rev Obofuor revealed the secret behind his success and how he makes money to buy all the expensive Cars and Houses.

The Kumasi based Pastor says he owns over 14 companies and added that he was a businessman before God Called him to do His work.“I have over 14 to 15 serious Companies, I’m not joking, I don’t make my money from Church.”- Rev Obofuor said this after giving a brand new car to Anti Bee of Efiewura Fame.

Background

Bishop Obinim during a recent church service ”surprisingly” advised People especially Pastors who show off their new cars and added that he is in no competition with no one. After watching the Video you will notice that Bishop Obinim Subliminally shaded Rev Obofour with his words.

According to Bishop Obinim, Dr Kwame Osei Despite, Nana Appiah Mensah CEO of Zylofon Media are the people to show off their Cars because they are SUPER Rich.

“Nana Appiah Mensah and Despite will laugh at you when they see you brag about a Car they can easily buy and in fact 10 of them ” – Obinim

But it looks like there is a fierce competitor gunning for Obinim's unofficial title of being the most controversial pastor in Ghana in recent memory.That person is no other than, Reverend Obofour (Asanteman Bofour) whose behaviour lately brings up controversies Obinim himself would envy.

In May, Reverend Obofour was widely reported to have claimed that he was the only 'true' archangel of God in Ghana and that is whats causing all the friction i guess.

He also gave analysis of how to be prosperous as a Pastor. It is always the best to give back to those who u suffered with and mnot to be pomperous over them.

SHATTA WALE TAKE UP A LEADING ROLE IN YOUTH AGENDA

Sellout Magazine
8-8-18
King of African Dance-hall and currently the biggest Ghanaian musician, Shatta Wale, has expressed his readiness to partner with all relevant stakeholders and agencies to work on initiatives aimed at empowering the Ghanaian youth.

He
disclosed this when he met with the Managing Director of Accra based Citi FM and Citi TV, Mr. Samuel Attah-Mensah who also doubles as the Chief Executive Officer for the Coastal Development Authority.

“My focus has been the youth and as a young person myself I have been very concerned about how the Ghanaian youth can scale into the next level. Majority of my following are within the youth bracket and it will be great to find alternative ways of making a meaningful contribution in their lives”, he said.

The “Gringo” hit maker hinted that he his team has been in discussion with key stakeholders and everyone that matters with regards the possibility of creating avenues for capacity building and skills development programmes for the youth across the country.

On his part, Mr. Samuel Attah-Mensah lauded Shatta Wale for the initiative and assured the musician of his outfit’s unconditional for him at all times. He also urged him to champion the agenda to position the creative arts sector with emphasis on music as a contributor to the nation’s Gross Domestic Product.

Ahead of the much anticipated release of his Reign album scheduled for Saturday 13th October 2018 at the fantasy Dome at the Ghana International Trade Fair Centre, Shatta Wale is currently embarking on a media tour to promote the album.

Source: Fosu Ebenezer

 #TheReignAlbum

12 Fraud boys hit Gh¢326 Million but Arrested by CID

 Sellout Magazine
8/6/18

The Ghana Criminal Investigation Department has arrested all but one 12 boys who went to Universal Merchant Bank (UMB) branches across the National Capital to withdraw money collectively amounting to GHS326 Million.

The fraud boys (Sakawa) who comprised of Ghanaians and Nigerians were arrested by the CID through an ambushed operation when they went to withdraw the money which has safely landed into their various accounts from abroad.

From what Ghpage.com has gathered so far, the boys [Name Withheld] received the money, GHS326 Million, from abroad but we can’t confirm from whom exactly and for what purpose.

According to the Bank, the fraudsters hacked into the Bank system, opened multiple accounts and transferred the huge GHS326 Million in small amounts into the accounts for multiple withdrawals.

Universal Merchant Bank (UMB) officials luckily found out and alerted the Criminal Investigation Department who ambushed and arrested the fraudsters one after the other as they go to the bank to withdraw the money.

But before the Bank took notice of the suspicious activities, an amount of GHS1 Million had already been withdrawn from the Bank in Dubai, United Arab Emirates at the Automated Teller Machines (ATM) using internationally accepted credit cards.

Out of the 12 fraudsters, 11 were busted by the CID. They have already been processed for court and are set to reappear at the court on 9th August 2018.

REV. OBOFOUR RELEASES NEW 2018 ROLLS ROYCE PHANTOM TODAY

Asanteman Bofuor, the Founder and General Overseer of Anointed Palace Chapel has released 2018 edition of Rolls Royce Phantom after giving the Rolls Royce Ghost he recently bought to his wife.

At the naming ceremony of his newly born son, Reverend Bofuor lavishly dashed 15 luxurious cars to people who have been a blessing to him. He gave Badu Kobi a Jaguar, Auntie Bee of Efiewura fame a Highlander Elantra, A Chrysler for pastor Kennedy and others.

At the naming ceremony, he also gave the Rolls Royce Ghost he recently bought to his wife and promised to launch a Rolls Royce Phantom soon. Well, he has honored that promise.

Just yesterday, 5th August 2018, a day after he made the promise, Reverend Obofuor also known as Asanteman Bofuor launched the Rolls Royce Phantom.

The Phantom which cost not less than GH¢2 Million (That is not less than 20 billion old cedis) is white in color and it has been customized “Obofuor 1”.

Obofuor has replied critics who have been wondering his source of wealth. According to the Kumasi based man of God, just the “Abayiefour Nkuu” he sells at his church can buy 20 cars monthly.

The Abayiefour Nkuu is a cream which protects a person from witches and wizards attacks. It also has other benefits like helping a person prosper.
Obofuor explained that God gave him the knowledge and skills and he has fashioned it into a cream which is fetching him money so people should stop questioning his source of wealth.