Exim Bank confirms brand ambassador contracts with Shatta Wale, Agya Koo

The Head of Corporate Affairs of the Ghana Exim Bank, Richard Osei Anane, has confirmed that the bank gave one-year brand ambassador contracts to showbiz personalities Agya Koo and Shatta Wale.

However, Mr Anane says the figures (GH₵2million for Shatta Wale and GH₵250,000 for Agya Koo) - which have been widely reported as the value of the respective contracts are not accurate.

AGYA KOO

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Per an article by 'Graphiconline', he disclosed that the company has already paid 15% of the actual worth of the respective contracts to the personalities.

In a statement, the bank said the pair were contracted as influencers for a campaign to promote the production of local products and services to enhance export revenue generation. The campaign dubbed 'Made-In-Ghana 4P' was launched on Sunday, August 30, 2020.

"In brief, Indeed we have signed contracts with the two artists who are renowned in their own field but they have not even started their roles. For the fact that it is a contractual agreement between two parties, we cannot disclose any content," Mr Anane said .

"We have signed a contract with the two artists, we have contract obligations, we cannot disclose the amount but all that we want to say is that the amount quoted is not correct. I can't disclose it because of contractual obligations".

He, however, assured that the contract had "passed through procurement procedures" and has "not yet started".