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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

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    Gulf central banks, Bank of England raise policy rates after Fed hike

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    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    President and Board Chairman of Afreximbank, Prof Benedict Oramah

    Plans are underway to complete a fertilizer, railway projects in Ghana – Afreximbank

    Free SHS and other programs must be redesigned now – Seth Terkper

    KGL Group hosts Nigeria Lottery Regulatory Commission CEO Mr. Lanre Gbajabiamila

    IMF team arrives in Accra on Wednesday to begin bailout talks with gov’t

    Fuel prices to go up as NPA announces restoration of UPPF margin

    GHASALC laments drop on number of digital transactions following e-levy

    Gov’t to commence talks with IMF for bailout

    Financing agric sector alone not enough to grow it – GIRSAL CEO

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    We did no wrong in sale of 260 metric tonnes of slop oil – TOR

    Fuel prices to go up as NPA announces restoration of UPPF margin

    [From the left] Thomas Abanga (CEO of Abanga Farms & Food Systems), Selma Ashipala Musavyi (Namibia High Commissioner to Ghana), Dr. Benjamin Sasu (Head of Food Safety), Mrs. Chariti Gbadawo (Director at the Ministry of Foreign Affairs & Regional Integration) ), Prof Bani (Board Chairman, Abanga Farms and Food Systems) and Clarence Zamuee (MEATCO Rep)

    Ghana’s Abanga Farms & Food Systems and Namibia’s Meatco in big partnership

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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Global Cargo denies being owners of intercepted cocaine consignment at Tema

byMichael Ogbodu
September 28, 2020
in General
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Global Cargo and Commodities Limited, the company cited in the recent 152kg cocaine intercepted at the Tema Harbour says it is confident it will be vindicated at the end of investigations into the bust.

A statement issued by the Narcotics Control Commission (NACOC) named the company as the consignee of the shipment of sugar from Brazil that had cocaine concealed in it.

But in a statement by lawyers of the company it, however, indicated that they rather were clearing agents for the shipment, stressing that the misinformation was having a dire impact on their reputation.

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Following the discovery, a number of persons have been arrested and are aiding with investigations.

It has been revealed that the consignment of sugar was to be delivered to Tradepass Gh Limited.

152kg cocaine bust at Tema Port

Authorities of the Narcotics Control Commission (NACOC) last week intercepted 152kg of cocaine (15 slabs) in Tema in the Greater Accra Region.

The joint operation by the Bureau of National Investigations (BNI) and the National Security Council Secretariat (NSCS) led to the seizure of the illegal substance which was concealed in a shipment of sugar from Brazil, a statement from the Commission indicated.

It was based on intelligence received that 50 containers of sugar destined for Ghana from Brazil are likely to have substances suspected to be narcotics concealed in it.

Here is the full statement by the company:

RE: 152 KGS OF COCAINE INTERCEPTED AT TEMA.

We write as lawyers for our Clients, Global Cargo and Commodities Limited, Freight Forwarders and Clearing Agents whose headquarters is situated at Tema.

The Directorate and Management of the Company’s attention have been drawn to a Joint Press release apparently issued by Narcotic Control Commission (NACC) in a joint operation with the Bureau of National Investigations (BNI), and the National Security Secretariat NSCS).

The Statement indicated that the (3) three organizations have together undertaken a Joint operation, which led to the discovery of some substances believed to be cocaine in some containers of sugar imported into the Country.

Our Clients name Global Cargo and Commodities Limited was categorically mentioned in the said Statement as consignee of the quantities of the imported sugar supplied by a Company registered in the United Arab Emirates, Sucden, and that the imported bags of sugar were meant to be delivered to TRADEPASS, another Company in Ghana.

The impression however was created in the said Joint release that Global Cargo and Commodities Limited was the consignee of the imported sugar into the country. That impression is totally erroneous and incorrect.

We are under instructions to correct this wrong impression created by that Joint release. We are to emphasize for the benefit of the General Public and particularly for the (3) three reputable institutions that Global Cargo and Commodities Limited WAS NOT the CONSIGNEE, but as a matter of fact, a notified Party, as Freight Forwarders and Clearing Agents. This is the normal practice with the importation of goods both at the harbour and Airport.

All relevant and verifiable documents covering the transaction are available for those who care to find out or investigate. The wrong impression is causing a lot of havoc to the business and reputation of Management and Directorate of our Clients, Global Cargo and Commodities Limited.

It is our conviction that at the end of the day the investigation would conclude and the air soon cleared over the matter. Meanwhile, we are to entreat all and sundry to be mindful of any wrongful and damaging impression that could be created to the Public.

SIGNED

NANA YAA OWUSU-ADUOME ESQ.

BLAY AND ASSOCIATES

LAWYERS FOR GLOBAL CARGO AND COMMODITIES LIMITED.

 

 

 

 

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