By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Hot Fm Ghana
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Reading: Gov’t Demand For Bribes Keep Rising – American Investor
  • Follow Us
Hot Fm GhanaHot Fm Ghana
Font ResizerAa
Search
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Audio Downloads
  • Videos
  • Hotfm TV
Follow US
© 2024 Hot FM Ghana. All Rights Reserved | Powered By: WeWrite Technologies.
Hot Fm Ghana > News > Gov’t Demand For Bribes Keep Rising – American Investor
News

Gov’t Demand For Bribes Keep Rising – American Investor

WeWrite Ghana
By WeWrite Ghana
Published: November 20, 2020
Share
SHARE
An American Business man and Managing Director of Alafei Foods Company Limited, Claude D Convisser has linked the slow growth of Ghana’s economy to the continuous demand of bribes by people in authority from potential investors.

According to him, many businesses in Ghana do not survive for a long term because they spend huge sums of money to pay bribes before they get assistance to develop.

He noted that, many investors who came into Ghana for business purposes have fled as a result of high bribe demands by government officials. He said the issue has persisted in successive governments and is even currently on the rise.

The American investor who has lived in the country for the past six and half years indicated that, Ghana would have been the lead business country in West Africa but for the continuous demand for bribe.

He lamented how many officials in government demanded huge sums of money from him before they could lead him to the appropriate managers when he was seeking to establish his factory, “Alafei Foods Ltd”.

“For a business to thrive and survive in a long term, it can’t be incumbent that it require demands of bribes by government officials. I have heard so many stories of foreign investors who’ve been met with the demand of bribes from government officials, not just this government but the previous ones as well, that the business men have fled, and its unusual that I am stubborn, I have stayed here and persisted that I am not going to pay bribe”.

He said his consistent refusal to pay bribe as always been demanded had led to government not granting him a letter of intent to seek funds for his factory.

The American business man expressed shocked that the unfortunate act does not only exist at the top but at the local level as well.

He recounted how assembly members contacted him and demanded to have a percentage from his business if government grants him his request. Other top officials from regional level and even at the presidency have all made demands before they start to do what they are required to do.

“How can a business man pay all the people he meets in the process of building a business, how can they grow the business and this is why many foreign investors went back with their monies. I remember I met the assembly man for a community in Yendi and he asked me to give him a percentage of my business and I said there’s nothing my business will give to him. This is something I’m doing to help your area”.

He made the comments to register his displeasure over the frustrations he went through over the past five years to establish a food and vegetable factory at Zugu in the Yendi Municipality.

Background

The American investor, Claude Convisser applied to set up the factory in Zugu, a community in the Yendi Municipality.

His company, Alafei Foods Limited is seeking to set up a soya and vegetable factory under the 1D1F to meet the protein and vitamin needs of the Ghana School Feeding Program in the Northern region.

POP diesel, an oil company in the United States which will give funding to Alafei Foods Limited has also given all of its ownership share of its Africa branch, POP diesel Africa to the Alafei Food farmers irrevocable Trust.

This means that the company if set up in Zugu, will employ over 30,000 farmers and supply to the GSFP at a lower cost.

However, his efforts have been met with several frustrations as authorities are not willing to grant him a letter of intent to enable him secure funds from his sponsors.

The new policy of the GSFP envisions rapid national socio-economic development achieved through a coordinated, integrated and accountable national school feeding program delivering improved nutrition for disadvantaged school children, reliable market for local farmers, effective local catering service and enhanced local income.

However, children between the age of 6-36 months in northern Ghana are malnourished and at greater risk of failing to meet the infant feeding standards recommended by WHO given that, less than 50% of them are on a minimum acceptable diet according to a research by Africa Research in Sustainable Intensification for the Next Generation (Africa RISING).

Meanwhile, Alafei Foods proposed to the ministry of gender, children and social protection and the school feeding program to deliver to children attending the program’s schools in northern Ghana, a 100 gram per day portion of a tasty and vegetable-rich sauce that includes 30 grams of textured soya protein (soy meat) containing 15 grams of protein or one half to all of the recommended daily intake of protein for pre-teen children, something that could have changed the region’s history of malnutrition and offer a reliable market for farmers in the north as contained in GSFP new policy.

Source:Starronline

You Might Also Like

House Help Dies After Madam Inserted Pepper, Metal Into Her Private Part
I’m surprised Dormaahene failed to check up on me after I was shot – Kofi Adoma cries
Gender Inequality is a Danger to Humanity
Criminals Have Hijacked Akufo-Addo’s Corruption Fight – A Plus
Video: Fire Ravages Mampong Technical Administration Block
Share This Article
Facebook Twitter Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More Popular from Foxiz

EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

By Angela Marfo
2 Min Read

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

By Angela Marfo
PoliticsTop stories

Legal battle far from over as NDC eyes review after Kpandai ruling

By Reagan Mends
2 Min Read
- Advertisement -
Ad image
EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

It was learnt a few weeks ago that Veteran Ghanaian actor and comedian, Prince Yawson, popular…

By Angela Marfo
Entertainment

I’m a Kumerican Hollywood Superstar – Lil Win

Ghanaian entertainer Lil Win is doing some crazy stuff to help the new Kumerica movement stay on top…

By Angela Marfo
News

Wassa Fiase: Chiefs Demand Reinstatement of Odeneho Akrofa Krukoko II

Chiefs of Wassa Fiase Traditional Council have petitioned the President Nana Akufo-Addo to help reinstate Odeneho…

By Angela Marfo
PoliticsTop stories

Legal battle far from over as NDC eyes review after Kpandai ruling

The National Democratic Congress (NDC) has insisted that the Supreme Court’s decision to reinstate the New…

By Reagan Mends
EntertainmentTop stories

Veteran Actor,Waakye On the Verge of Death;Rushed to Spiritual Home

It was learnt a few weeks ago that Veteran Ghanaian actor and comedian, Prince Yawson, popular…

By Angela Marfo
Hot Fm Ghana

Hot FM is a privately owned radio station in Accra, Ghana. Hot FM broadcasts both on 93.9 FM and online.

Top Stories

DVLA Roundabout in Koforidua to be renamed after late Defence Minister Omane Boamah
January 30, 2026
CAF slaps Senegal, Morocco with heavy sanctions after AFCON 2025 final chaos
January 29, 2026
FDA debunks claims of ‘Akesheshaa Parazone’ being added to waakye, okro, ayoyo
January 28, 2026

Politics

NDC to elect new national executives on December 19, 2026
January 29, 2026
All five aspirants cleared for Ayawaso East NDC primary
January 28, 2026
Legal battle far from over as NDC eyes review after Kpandai ruling
January 28, 2026

Entertainment

Interior Ministry must clear IShowSpeed before Ghana passport can be issued — Patrick Boamah
January 29, 2026
Gospel legend Minister Ike set to ignite the scene with new smash hit “Fear Not”
January 26, 2026
Gospel legend Yaw Sarpong is dead
January 20, 2026

© 2026 Hot FM Ghana. All Rights Reserved.

Welcome Back!

Sign in to your account