Managers of the Cape Coast and Elmina castles in Cape Coast have refused to share proceeds realised from the operations of the castles with the Chiefs and people of Oguaa traditional council.
According to the authorities at the Museums and Monuments Board, any attempt to touch the proceeds without parliamentary approval will amount to financial loss to the state.
They are therefore advising Chiefs and people of the Oguaa and Elmina Traditional areas to seek parliamentary approval if they want to be given a share of proceeds realized from the castles.
The Chiefs and people have been appealing to the Ghana Museums and Monuments Board through the President Nana Akufo for a reinstatement of an arrangement which provided them a share of the proceeds.
An arrangement which was instituted by Former President John Agyekum Kufuor has been withdrawn without any explanation to the Traditional councils.
Delivering an address at the grand durbar to climax this year’s Oguaa Fetu Afahye celebrations at Victoria Park on Saturday, the Paramount Chief of Oguaa Traditional Area, Osabarima Kwesi Atta II stated that the proceeds from the Cape Coast Castle was a form of an Internally Generated Fund (IGF) for the Traditional Council and sought the intervention of the President to reinstate the arrangement.
But in an interview with Ultimate FM in Cape Coast, the Deputy Director of Education at the Ghana Museums and Monuments Board, Cape Coast office, Mr. Kwesi Essel-Blankson explained that the traditional Council’s share has been withdrawn, hence paying the royalties will amount to causing financial loss to the State.
He says the only way to reinstate the traditional Council’s share of the proceeds from the castle is to legitimize it through parliamentary approval.