Member of Parliament for Ningo Prampram , Sam Nartey George stated that, money laundry in Ghana is covered with real Estate businesses.
He made this assertion while speaking on News File.
“Real Estate business in Ghana is money Laundering, if our authorities want to deal with it, they will deal with it. The cost of real estate in Ghana is not justifiable by any stretch.”
Sam George added this when talking about the millions of Ghanaian cedis that Cecilia Dapaah, the former minister of sanitation, water, and resources, had hidden in her house and is unable to account for.
“You keep seeing all these new high-rise building going up and they are selling for half a million, a million dollars and they keep buying amongst themselves. So, I have a dirty money to clean, I put up a real estate property, you also have a dirty money to clean, then you also come and buy the property from me, then automatically your money also becomes clean. Then tomorrow you also start building your own and I come back and buy, and we are just cleaning the money.”
For keeping millions of money in her house, Cecilia Dapaah has drawn much criticism. This was made clear when she went to court to recover certain things that her two househelps had stolen, including about $1 million, $300,000, and millions of Ghana Cedis.
She has since resigned.
