John Addo Kufuor is the eldest son of Ghana’s former president, John Agyekum Kufuor, who led the country from 2001 to 2009. A trained accountant, the younger Kufuor has worked in the hotel industry. Throughout 2005, local media in Ghana reported allegations that he gained lucrative government contracts and private sector business deals through paternal connections. An official commission later found no evidence of wrongdoing.
In the data
In early 2001, shortly after the start of his father’s first presidential term, Kufuor appointed Mossack Fonseca to manage The Excel 2000 Trust. Later that year, it controlled a bank account in Panama worth $75,000. His mother - Theresa Kufuor, then-Ghana’s first lady - was also a beneficiary. In November 2010, an employee in Mossack Fonseca's compliance office in the British Virgin Islands suggested to colleagues that “due to the apparent prevalence of corruption surrounding Mr. Kufour we would not recommend us taking him on as a client or continuing business with him.” Mossack Fonseca, however, continued to do business with Kufuor. In 2012, Kufuor asked Mossack Fonseca to close the trust. Files also connected Kufuor with BVI companies Fordiant Ltd and Stamford International Investments Group Limited. Both were registered when Kufuor’s father was president of Ghana and became inactive in 2004 and 2007.
Kufuor did not respond to repeated requests for comment.
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