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Bulldog declines to comment on amount involved in Exim Bank deal

Exim Bank
Exim Bank

Bulldog has declined to confirm or deny if the artist was given GHS2 million for his ambassadorial deal with Exim Bank.

Members of Parliament’s Public Accounts Committee (PAC) have questioned the basis for which state-owned Exim Bank allegedly paid about ¢2 million to dancehall artiste, Charles Nii Armah Mensah Jr. aka Shatta Wale and others as brand ambassadors.

Ras Mubarak, a member of the Committee said it makes no economic sense for the company to pay such an amount to an artiste to promote made in Ghana goods.

“I mentioned ¢2 million that went to Shatta Wale but the Deputy CEO says they wouldn’t know who the vendor selected and this is not to say that we have a problem with Shatta Wale getting some amount of money to do whatever work.

“But the Ghanaian public deserves to know how much went out and who got it because their answers were not satisfying.”

Mr. Mubarak’s concerns follow media reports suggesting that the bank paid some huge sums of monies to Shatta Wale and actor and comedian, Kofi Adu, popularly known as “Agya Koo” to be its brand ambassadors.

But responding to the matter at PAC sitting Wednesday, the Deputy Chief Executive Officer with oversight of the Finance and Administration Division, Kwame Adu-Darkwa said the bank only engaged the services of a media consultant to support them in promoting their product since it was necessary.

He, however, insisted that he has not signed or sighted any cheque doling GH¢2 million to any artiste.

Reacting to the reports on Citi FM, Shatta Wale’s manager, Bulldog confirmed the deal but declined to comment on the amount involved.

“Yes, we have been engaged by the Exim Bank to perform ambassadorial duties for made in Ghana things. It is only right that a Ghanaian does it and we are glad and humbled that we were called upon to execute these duties as a Ghanaian.”

“So yes we have some sort of engagement with Exim Bank, we’ve been spoken to on that”, he said.

Officials of Exim Bank are expected to appear before the Public Accounts Committee again to answer further questions about the deal.

GhLinks Media

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