The Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Christopher Boadi-Mensah, has denied allegations by the Member of Parliament for Old Tafo, Vincent Ekow Assafuah, that he increased his salary and purchased luxury vehicles after assuming office.
According to Mr. Boadi-Mensah, claims that he acquired seven Land Cruisers for the Authority are false and misleading.
Speaking in an interview on Asempa FM’s Ekosii Sen, the NPRA boss explained that the vehicles purchased were operational vehicles, including Toyota Prados, pickups and saloon cars.
“Ekow Vincent Assafuah lied about me and NPRA. There was never a time I increased my salary, and I never purchased any Land Cruisers,” he stated.
“The vehicles acquired were pickups, Toyota Prados and some saloon cars for operational purposes, all of which were approved by Parliament and the Ministry of Finance,” he added.
Mr. Boadi-Mensah explained that management had to procure vehicles to support the operations of the Authority after assuming office.
“When we came, we needed to open up NPRA, so we bought operational cars,” he said.
According to him, the procurement process followed due procedure and was backed by an approved budget allocation.
“Even before I came in, the 2024 budget for 2025 had a provision of about GH¢20 million for vehicle purchases, which was approved by the board, Parliament and the Ministry of Finance,” he explained.
He further noted that management exercised financial prudence and spent far below the approved amount.
“Because of prudence and leadership, we even spent way less than the GH¢20 million,” he stated.
The NPRA CEO also dismissed allegations of procurement breaches, insisting that no wrongdoing had been identified in the acquisition process.
“He didn’t mention any procurement breaches, so I don’t see the need to respond,” he said.
Mr. Boadi-Mensah reiterated that he had not increased his salary at any point since assuming office and was operating within the budgetary provisions he inherited.
“At no point have I increased my salary. I used the budget I came to meet,” he stressed.
He added that management remains focused on delivering the Authority’s mandate rather than responding to what he described as baseless allegations.
“What is more important to us is delivering our mandate,” he said.
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