GOVERNMENT MUST SANCTION ZOOMLION

 
AFAG over the years have urged government to support indigenous businesses in their quest to expand into the international market. It comes as a shock to us, the World Bank group announcement debarring Ghana’s Zoomlion for two years because of its misconduct of bribing government officials in order to secure a contract. This is a serious embarrassment to Ghana and a huge stumbling block to other Ghanaian businesses in the international arena. Indeed a black spot on the image of corporate Ghana.
By this act, how would the World Bank group, and other international banks view bids from Ghanaian businesses?

In our opinion, government should investigate and possibly sanction Zoomlion in order to protect the ‘Corporate Ghana Brand’. AFAG is concerned about the medium to long-term repercussion of zoomlion’s ill action on Ghanaian businesses. In this highly competitive corporate world, such negative acts should not be treated with kid gloves. AFAG urges the government to seriously consider enacting a Foreign Corrupt Practices Act to govern the conduct of Ghanaian business globally.

God bless Ghana

Signed:
Davis Opoku Ansah
Bright Acheampong
Williams Agyei
Murtala Mohammed
Faisal Ibrahim