The Ghana Scandals Index

Indexing government scandals one at a time

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Ofori-Atta’s name pops up in ‘Paradise Papers’

Some Ghanaians have expressed worry about the alleged dealings of the Finance Minister, Mr. Ken Ofori-Atta who is a cousin to the President involvement in tax evasion activities.

The Paradise Papers, released on Sunday November 5, 2017 by the group of international investigative journalists reveals the offshore links of some of the globe’s most prominent figures.

According to the report, both Ken Ofori-Atta and Ellen Johnson Sirleaf who are co-founders of Databank allegedly used their control in the investment firm to illicitly transfer money to an offshore company in Bermuda.

The files leaked by The Paradise Papers, a special investigation by the Guardian and 95 media partners worldwide, reveals Ken Nana Yaw Ofori-Atta, Ghana’s Finance Minister, as a co-founder of Databank and a co-director, with Johnson Sirleaf, of Songhai Financial Holdings; a subsidiary of Databank’s finance, fund management and investment company Databank Brokerage Ltd.


Nov. 8, 2017


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