Search

Login to see saved articles

You need to be logged in to view bookmarks.

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.


GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Don’t Frustrate Investors with Kickbacks — Victor Smith Appeals to Ghanaians

Ghana’s Ambassador to the United States, Victor Smith, has appealed to Ghanaians to desist from frustrating potential investors with demands for kickbacks, warning that such practices undermine the country’s attractiveness as a business destination.

Speaking on Face to Face on Channel One TV on Tuesday, September 23, Ambassador Smith stressed the importance of creating a corruption-free environment that encourages foreign direct investment.

“I will appeal to Ghanaians: don’t frustrate investors when we bring them. Don’t ask them for kickbacks when the business has not even started,” he urged.

Recounting his personal experience as a former Regional Minister, he recalled how a Chief Director once attempted to pressure him into signing a document without due diligence.

“I said I have not seen it, so I cannot sign it. But he said he has looked at it and thinks it is okay. I told him you cannot coerce me to sign it,” he recounted.

While emphasizing that not all civil servants or politicians engage in such acts, Ambassador Smith cautioned that the misconduct of a few could tarnish Ghana’s reputation and drive away potential investors.

“These are some of the things civil servants do… some of them hide and engage in such practices. Not all of them, not all politicians. But in general, my appeal is that Ghanaians should avoid actions that drive businesses away,” he said.

Prev Article
Savannah Region: 334 Beneficiaries Enrolled in National Apprenticeship Programme
Next Article
Police Dismantle Armed Robbery Syndicate Targeting Rural Banks

Related to this topic:

Comments (0)

Leave a Comment

You must log in to comment.