{"id":99148,"date":"2025-10-18T12:09:26","date_gmt":"2025-10-18T12:09:26","guid":{"rendered":"https:\/\/sotnews.agency\/?p=99148"},"modified":"2025-10-18T12:09:26","modified_gmt":"2025-10-18T12:09:26","slug":"nsa-saga-was-well-orchestrated-but-unintelligent-crime-nana-yaw-sarpong","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=99148","title":{"rendered":"NSA saga was well orchestrated but unintelligent crime \u2013 Nana Yaw Sarpong"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 41 Second <\/div>\n\n <\/div>
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Deputy General Secretary of the United Party, Nana Yaw Sarpong, has described the recent National Service Authority (NSA) scandal as \u201ca well-orchestrated but unintelligent organised crime.\u201d<\/p>\n

Speaking on JoyNews<\/strong>\u2019 Newsfile on Saturday, Mr. Sarpong said the level of coordination involved in the GH\u00a2653 million fraud suggests a deliberate and structured operation.<\/p>\n

\u201cThis is an organised crime. This is a well-orchestrated but unintelligent organised crime. The persons who sat on the loans committee at ADB must be picked up,\u201d he said.<\/p>\n

Drawing on his experience as a former rural banker, Mr. Sarpong said the loan approvals granted to service personnel under the scheme defied standard credit principles.<\/p>\n

\u201cWhen you submit your loan, the procedures are clear. We look at how much you earn and we are not even supposed to give you 50% of your earnings because we take into consideration other factors such as monthly expenses and savings. The Bank of Ghana allows, give or take, between 30% and 40%. So even on the surface of it, this was wrong,\u201d he explained.<\/p>\n

Read also:\u00a0Osei Assibey, Gifty Oware charged in GH\u00a2653m NSA \u2018Ghost names\u2019 and fraud scandal<\/p>\n

He questioned how national service personnel, who typically earn modest monthly allowances, could have been approved for large loans, describing it as a glaring red flag that financial institutions should have caught.<\/p>\n

\u201cYes, you would have some clients who claim they have other sources of income, but these are national service personnel. What other source of income do they have?\u201d he asked.<\/p>\n

Mr. Sarpong\u2019s comments follow the Attorney-General\u2019s decision to charge two former top officials of the NSA \u2014 former Executive Director Osei Assibey Antwi and former Deputy Executive Director Gifty Oware-Mensah \u2014 for allegedly defrauding the state through ghost names and fraudulent bank loan schemes.<\/p>\n

According to court filings, the two allegedly orchestrated separate but related operations that siphoned more than GH\u00a2653 million in public funds, using names of fictitious service personnel and inflating payroll data to secure multi-million-cedi loans.<\/p>\n<\/div>\n

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\"NSADeputy General Secretary of the United Party, Nana Yaw Sarpong, has described the recent National Service Authority (NSA) scandal as \u201ca well-orchestrated but unintelligent organised crime.\u201d<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10748,1883,117,2363,10,9],"tags":[],"class_list":["post-99148","post","type-post","status-publish","format-standard","hentry","category-nana-yaw-sarpong","category-national","category-news","category-nsa","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/99148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=99148"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/99148\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=99148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=99148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=99148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}