Joe Jackson: ‘If Mahama recovers the loot and takes no further action, Ghanaians will still praise him

Joe Jackson, the Chief Operations Officer at Dalex Finance and a prominent finance analyst, has strongly expressed his support for President-elect John Dramani Mahama’s decision to recover misappropriated state assets. Jackson’s endorsement follows the establishment of a committee by Mahama to spearhead this recovery effort, which has been named Operation Recover All Loot (ORAL).

Many Ghanaians have welcomed Mahama’s initiative, recognizing it as a vital step in addressing the rampant looting of state resources that has plagued the nation. Citizens from across the political spectrum have commended Mahama for his commitment to reclaiming what rightfully belongs to the people of Ghana. They view ORAL as an essential first step toward restoring accountability and transparency in government, following years of mismanagement and corruption.

Speaking during a special coverage of the upcoming Presidential Inauguration on Onua TV on January 6, 2025, Jackson emphasized the importance of recovering stolen assets for the welfare of the country. He argued that the scale of the looting under the previous administration has been so large that even if Mahama does nothing else beyond retrieving the stolen funds, the public will view his efforts as a success. “If Mahama recovers the loot and does nothing else, Ghanaians will still say he has done well. The loot is too much. I support ORAL,” Jackson told host Captain Smart, stressing the dire state of Ghana’s finances due to corruption.

Jackson’s comments underscore the widespread frustration among Ghanaians who have long been calling for action to address the country’s financial mismanagement. Many believe that retrieving stolen resources would have a transformative effect on the country’s economy, alleviating some of the fiscal challenges Ghana currently faces. According to Jackson, the people’s desire for accountability means that any positive action toward recovering the loot will be widely applauded.

On the other hand, Samuel Okudzeto Ablakwa, who serves as the Chairperson of the ORAL Committee, has also expressed strong support for the initiative. He praised both supporters of the New Patriotic Party (NPP) and other Ghanaians who have rallied behind the recovery effort. Ablakwa noted that ORAL is not intended to be a partisan political tool, but rather a national cause aimed at retrieving assets misappropriated under the current administration. He further clarified that the initiative has received significant backing from those who wish to see Ghana return to the principles of justice, fairness, and proper use of state resources.

In a post on his X platform on December 22, 2024, Ablakwa reiterated that ORAL is a collective effort that belongs to all Ghanaians, regardless of political affiliation. He pointed out that those opposing the initiative are likely to be part of what he called the “NPP looting brigade.” “Great to see more NPP stalwarts support Mahama’s Operation Recover All Loot (ORAL). Predictably, all Ghanaians who were not part of the notorious NPP looting brigade are excited about ORAL. Nothing will stop the people’s ORAL!” he declared.

Ablakwa concluded by emphasizing that the Operation is a crucial effort to protect state assets that have been looted by corrupt individuals and is supported by all Ghanaians who believe in justice and the responsible use of public resources. This national cause, he stated, transcends political lines and represents the collective will of the people to restore integrity to the management of state affairs.

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