• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV
Tuesday, January 31, 2023
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

Government to repay $45,000 borrowed from DK Poison in 1976

Benjamin NketsiabyBenjamin Nketsia
October 6, 2020
Reading Time: 1 min read
ShareShareShareShare

President Nana Akufo Addo has approved an amount of 45,000 USD to be paid to Ghana’s first ever world boxing champion, David Kotei, popularly known as D.K Poison.

This comes in the wake of a petition D.K Poison and his lawyers sent to the Presidency in September 2019 asking that he be paid the amount of 45,000 USD which he loaned to the state of Ghana over four decades ago.

Having won his second title defense against Shigefumi Fukuyama in Japan in 1976, D.K Poison was asked by the then Military government led by General Kutu Acheampong to loan his fight purse to the state to enable it purchase mackerel during an economic crisis period.

According to the boxing legend he was only handed 34,000 USD out of his total fight purse of 75,000 USD.

He has since tried without success to retrieve his money from various governments.

But in a letter signed by the Secretary to the President, Nana Asante Bediatuo, the finance Ministry have been instructed to ensure that the money is paid to the 69 year old D.K Poison.

The letter said the payment was being done on “compassionate grounds.”

“Ï write to convey the approval of the President of the Republic for an amount of forty-five Thousand United States Dollars (US$ 45,000) to be paid to Mr. David Kotei (a.k.a DK Poison) on compassionate grounds.

By a copy of this letter, the Ministry of Finance is requested to take the necessary action to give effect to this directive,” the letter from the presidency said.

ShareTweetSendSend
Previous Post

Newspaper Headlines: Tuesday, October 6, 2020

Next Post

11 Ghanaian media houses set-up fact-checking desks to tackle fake news

Related Posts

News

Ghana stagnates on Corruption Perceptions Index; scores 43 for third time

January 31, 2023
Top Stories

Deadline for debt exchange program moved to February 7 with new terms

January 31, 2023
Top Stories

Managers of Max Mart, Palace Mall, Second Cup Coffee arrested for tax non-compliance

January 31, 2023
Technology

Data Protection Commission to prosecute 300 institutions for data security breaches

January 31, 2023
Top Stories

Korle Bu doctors threaten to withdraw services over 13th Month Salary arrears

January 31, 2023
News

It’s essential we uphold ethics of law profession – Court of Appeal Judge

January 31, 2023
Next Post

11 Ghanaian media houses set-up fact-checking desks to tackle fake news

TOP STORIES

24 cocoa licensed buying companies indebted to COCOBOD

January 31, 2023

Ghana stagnates on Corruption Perceptions Index; scores 43 for third time

January 31, 2023

Deadline for debt exchange program moved to February 7 with new terms

January 31, 2023
Load More
ADVERTISEMENT
Citinewsroom – Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV

© 2021 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos

© 2021 All Rights Reserved Citi Newsroom.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT