Indexing government scandals one at a time
There has been an upward adjustments in allowances for the chairman and the board members of the Precious Minerals Marketing Company (PMMC) Limited. In one instance, the increase was over 700 per cent, while other increases ranged between 400 and 500 per cent.
The Daily Graphic has sighted a memo dated August 28, 2018, with the title: “Revised Board Fees And Allowances/Board Secretary Allowance”, in which the Board Secretary of the PMMC, Nana Akwasi Awuah, directed the Managing Director of the company, Mr Kwadjo Opare-Hammond, to take note of the adjustment.
With the current adjustment, the sitting allowance for full board meetings has shot up from GH¢900 to GH¢3,000 for board members, while their monthly allowance has increased from GH¢525 to GH¢3,000.
The sitting allowance for the chairman of the board has also been adjusted to GH¢4,500 from GH¢1,050, while the monthly fee has gone up from GH¢630 to GH¢3,000.
Oct. 10, 2018
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