Chef Smith Scam: Ola Michael Points Finger at Akufo-Addo and Bawumia Nigerian chef and entrepreneur, Ola Michael, has strongly criticized Ghanaian President Nana Akufo-Addo and Vice President Mahamudu Bawumia for their alleged inaction in the recent Chef Smith investment scam. Michael, who was a victim of the scam, accused Akufo-Addo and Bawumia of failing to provide adequate protection to investors. He claimed that the government’s lack of regulatory oversight allowed Chef Smith to operate with impunity, defrauding thousands of people. In a viral video, Michael said, “I blame Akufo-Addo and Bawumia for this big scam. They were supposed to protect us, but they failed to do so. They allowed Chef Smith to continue operating despite clear signs of fraud.” Chef Smith, also known as Flyman Restaurant, is an investment company that promised high returns on investments. However, the company collapsed in July 2023, leaving many investors with huge losses. Michael alleged that Chef Smith had close ties to the Ghanaian government and that the company was able to operate without scrutiny due to these connections. He claimed that the government had received numerous complaints about the company’s activities but failed to take action. The Ghanaian government has denied any involvement in the Chef Smith scam. Finance Minister Ken Ofori-Atta has stated that the company was not regulated by the Securities and Exchange Commission (SEC) and that the government could not have prevented its collapse. However, Michael and other victims maintain that the government could have done more to protect investors. They argue that the government should have provided more oversight to unlicensed investment companies and held those responsible for the scam accountable. The Chef Smith scam has been a major scandal in Ghana, raising questions about the government’s commitment to protecting investors and ensuring the stability of the financial sector. Ola Michael’s accusations against President Akufo-Addo and Vice President Bawumia have further fueled public outrage and demand for accountability.Entertainment News, July 8, 2024Entertainment News, July 8, 2024 Source: minoticiasgh.com Chef Ebenezer Smith’s Deception: Ola Michael Blames Akufo-Addo and Bawumia Ola Michael, a popular radio and television personality, has accused President Nana Addo Dankwa Akufo-Addo and Vice President Dr. Mahamudu Bawumia of being responsible for Chef Ebenezer Smith’s deceptive actions. According to Michael, the current economic difficulties in Ghana have driven people to resort to fraudulent activities. He believes that had there been more job opportunities, Chef Smith would not have gone to such lengths to falsify his credentials. Michael even admitted that he had considered participating in a similar scam for personal gain. Chef Ebenezer Smith’s Deception Chef Ebenezer Smith recently came under fire for allegedly falsifying his credentials to gain recognition in the culinary industry. He claimed to have attended prestigious culinary schools in Europe and worked for Michelin-starred restaurants, but investigations revealed that his claims were fraudulent. Michael’s comments have sparked a debate on the role of government in addressing economic challenges that can lead to criminal behavior. See the post below: [Instagram Media] Embedded Instagram PostAccusations Fly as Chef Smith Scam Rocks Nation Ola Michael, a renowned Ghanaian entrepreneur and investor, has come forward to denounce his involvement in the recent Chef Smith financial scandal. In a bombshell interview, Michael alleged that President Nana Akufo-Addo and Vice President Mahamudu Bawumia were fully aware of the scam and failed to take action to protect the public. “I blame Akufo-Addo and Bawumia directly for the suffering that Chef Smith has caused to countless Ghanaians,” Michael declared. The Chef Smith scheme, which promised unrealistic returns on investments, has defrauded thousands of investors across the country. Michael claims that he was approached by the company’s representatives but declined to participate due to his suspicions about the legitimacy of the venture. “I knew that this was a scam from the very beginning,” Michael said. “It was obvious that they were making promises that were too good to be true.” Michael further accused government officials of turning a blind eye to the scam because Chef Smith’s owners were politically connected. He demanded an investigation into the matter and the prosecution of all those responsible for the fraud. However, President Akufo-Addo’s office has denied the allegations, stating that the government had no prior knowledge of the scheme. Vice President Bawumia has also distanced himself from the scam, saying that it was a private business matter. The Chef Smith scandal has sparked widespread anger and mistrust among Ghanaians. Many are questioning the integrity of the government and demanding accountability for those who exploited their trust.