Kennedy Agyapong is one of the richest men in Ghana. We don’t know if his wealth directly proportional to his arrogance but on a good day, we’ll make a meal out of this particular subject.
His wealth and has often generated controversy as his detractors pin it to drugs and money laundering. He’s said whatever he has acquired today is as a result of hard work which he started back in the 80s.
“In 1989, [US President] Ronald Reagan had introduced an amnesty program so I was fortunate to work with a lawyer. He is called Kwadwo Afram Asiedu. He recruited me and I started working with him. That is the cocaine money. That is where I made the money. I made a lot of money. We did about 2,500 applications and everybody paid $2,500. I did all the documentation and my boss, because he is a lawyer, will go and present the documents at the immigration [office]. Out of the $2,500, my boss will get $700 and I will get the rest and use some for the documentation. So when we finished, I had made a lot of money,” he said on Citi TV in an interview.
He continued that after returning to Ghana, he took advantage of the US Visa Lottery program that was newly introduced at the time to process documents for interested Ghanaians wishing to travel to the US.
The Assin Central MP Said he processed each document for $5,000 which a cool $1 million including his personal savings at the end of the programme.
“When people don’t know your background and they think that you are a drug dealer, it is so painful. To the second chance of my money… A lot of Ghanaians had won the US lottery and they didn’t know how to process it so I went back to America and this time another boss, Lawyer Fofie, I went there and told him that I have a connection in Ghana…He was interested in the cash right there. He took $500…I bought the applications for $48,000, that’s about 96 applications and brought it to Ghana.”
“That is another ‘cocaine’. At that time, I was charging $5,000 each. And in 1996, September 30, that was the last day of the US lottery, after that program, I checked my account, what I have saved and I had $1,145,000. I felt so good,” he concluded.