Alexander Afenyo-Markin, Minority Leader
The Minority Leader of Parliament, Alexander Afenyo-Markin, has disclosed that all his wealth was acquired through his business ventures before he entered politics.
According to him, most of his assets, including properties, were obtained many years ago; therefore, he sees no reason why Operation Recover All Loot, President John Dramani Mahama’s investigative team to recover state assets, should be pursuing his properties.
In an interview on Joy News on February 2, 2025, Afenyo-Markin revealed that he had to leave school to pursue financial opportunities, which enabled him to establish his businesses and accumulate significant wealth.
He disclosed some of the properties and businesses he owns, including a multi-million-dollar coral draw business, a beachfront property in Winneba, a residence in the Veterinary area, a residence in Abelemkpe, trucks working for Diamond Cement, and tankers, among others.
“I have lived in my Abelemkpe residence for over 20 years. My firstborn is 21, and I lived there before I gave birth to my firstborn. My residence in Winneba has been mine for many years. I am a businessman and a well-established individual,” he stated.
“When we finished school in 1997, we had to stay home for two years. During this period, I came to hustle in Accra. Through hustling and schooling, I found my way to Ghana Post, where I started working as a postboy and rose to become a principal postal officer.
“I received a scholarship to study at Capevass in 1999. However, in 2001, after President Kufuor took office, I did not return to school due to career counselling and the introduction to entrepreneurship. I left school at level 300 to pursue business opportunities,” he said.
He continued, “I purchased my first Mercedes and BMW, which I still have parked. I began running my business and married at age 23, while my wife was 22.
“I started Excel Coral, a multi-million-dollar investment. Standard Chartered gave me a five-million-dollar facility, and Barclays Bank provided a ten-million-dollar facility. Even though I was not in public service, I started my business early.
“I worked for Guinness, and my trucks work for Diamond Cement. My tankers operate from Ivory Coast, and my business in Awaso employs many people. I am not one to buy property under someone else’s name.
“I take pride in my work as a businessman,” he concluded.
To those asking how Hon. Afenyo Markin made his money and acquired all his properties, here you go. Something Okudzeto Ablakwa can never relate to. My leader 🫡❤️ pic.twitter.com/LcnzRinNyG
— CHARLOTTE NICOLE 🕊 (@charllycolegh) February 2, 2025
AM/SEA