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Home Featured

NDC to expose Ofori-Atta over shares in government bonds

Mabel Boamah by Mabel Boamah
4 years ago
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NDC to expose Ofori-Atta over shares in government bonds
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A prominent member of the National Democratic Congress (NDC) has said that his party is preparing proof on the government’s borrowings and bonds issued in the last five years, as well as what percentages went to the Finance Minister alone.

On TV3’s New Day on Friday, April 1, Abraham Amaliba claimed Ken Ofori-Atta has no place to talk about “burden-sharing” because he benefits from the country’s international bond offerings.

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Mr. Amaliba claims that when the government issues bonds, Mr. Ofori-Atta receives 1% of the proceeds but utilizes his Databank to front the deals.

“Once again, they are going to roll out a bond,” the member of the NDC legal team hinted.

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“Ken Ofori- Atta will get 1 percent, as usual,as usual using his Databank transaction adviser. We are coming out with details of all the borrowings and what has gone to him.”

Mr. Amaliba said that the best method to “burden-share,” as the Finance Minister is fond of saying, “is to bring all the loot onto the table, then we share to each other.”

“That’s when we will now burden-share.”

With the introduction of the Electronic Transfer Levy Bill and President Nana Addo Dankwa Akufo-Addo’s rush to sign the bill into law despite a Supreme Court case, he accused the government of “stealing” from the people.

“Once Parliament has approved a bill, the final stage is for the President to assent to the bill.”

He added: “Persons who have contrary view in terms of the interpretation of the law will go to the Supreme Court. The Minority’s case has just been filed, there is no injunction.”

Read Also: GHp15 fuel price reduction will influence intended transport fare hikes – GPRTU

SOURCE: 3NEWS

Mabel Boamah

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