Bolgatanga Central MP Issac Adongo has asked the general public to disregard remarks by Vice President Dr Mahamudu Bawumia to the effect that the Minority in Parliament are an “ignorant” bunch who do not “understand” the processes of managing the economy. According to him, the Vice President has gained notoriety for failing to address core … Read more
Member of Parliament (MP) for Keta Constituency, Honourable Richard Mawuli Quashigah has cautioned Vice President Dr. Mahamudu Bawumia to learn to speak with diplomacy and dignity as is expected of him. According to the Keta MP, Dr. Bawumia, is accustomed to using intemperate language which does not suit his status as vice president of a … Read more
Keta MP Richard Quashigah has demanded an apology from Vice President Dr Mahamudu Bawumia for describing the Minority in Parliament as “ignorant”. Speaking to the media in Washington DC about the Minority’s claim that the recent $2.25billion domestic bond issued by the Akufo-Addo government was done in “secrecy”, without parliamentary approval, and “cooked” to favour … Read more
The Ministry of Finance says its attention has been drawn to a statement issued by the Minority in Parliament, which seeks to cast negative aspersions on the recent GH¢9.7 billion (US$2.25 billion) domestic bond issue by the Government of Ghana. Reacting to the report, the ministry described the statement as unfortunate, especially coming from Cassiel … Read more
Finance Minister Ken Ofori-Atta must resign over the alleged conflict of interest situation in which he has engrossed himself as far as the recent issuance of government’s $2.25 billion domestic bond is concerned, the UK/Ireland branch of the main opposition National Democratic Congress (NDC) has said. The group’s call follows a recent press conference held … Read more
The Minority in Parliament has said the Ministry of Finance (MoF) must “come again” and explain to the public, the processes leading to the recent issuance of a $2.25billion domestic bond and the “conflict of interest situations arising out the transaction.” The Minority, in an earlier press conference claimed that the bond was issued in … Read more
Vice President Dr. Mahamudu Bawumia has fired salvos at the Minority National Democratic Congress (NDC) in parliament, describing them as “ignorant” following their stance over the issuance of a $2.25 billion 15-year domestic bond. The minority at a press briefing on Tuesday, April 18, 2017 cited the finance minister for conflict of interest and lack … Read more
The Vice President, Alhaji Dr Mahamudu Bawumia has expressed worry about the Minority in Parliament’s criticism of the recent 15-year cedi bond sale, describing it as a show of mischief and ignorance. To him, the Minority was showing “ignorance” and do not “understand” the processes of managing the economy and therefore suggested to them that, they … Read more
Vice President Dr Mahamudu Bawumia has described the Minority as an “ignorant” bunch who do not “understand” the processes of managing the economy, thus, must do some reading to educate themselves. Speaking to the media in Washington DC about the Minority’s claim that the recent $2.25billion domestic bond issued by the Akufo-Addo government was done … Read more
The Ministry of Finance has dismissed allegations of conflict of interest made by the Minority in Parliament against the Finance Minister, Ken Ofori-Atta in the issuance of a $2.25 cedi-denominated bond. Below is a the full statement issued by the Finance Ministry: ASPERTIONS ON THE US$2.25 BILLION OF DOMESTIC CEDI DENOMINATED BONDS ISSUED BY THE … Read more
The Ministry of Finance has issued a statement to rubbish the allegation by the Minority that, Finance Minister, Ken Ofori-Atta sold the ninety five percent of Ghana’s recent 2.25 billion dollar bond to friends and cronies. The Minority Spokesperson on Finance, Cassiel Ato Forson, claimed at a press conference on Tuesday that a non-executive director … Read more
The statement issued by the Ministry of Finance attempting to clarify issues surrounding the $2.25 billion bond fails to answer the fundamental questions that have been raised by Minority MPs, Cassiel Ato Forson, a former Deputy Minister of Finance, has said. According to him, the government has cleverly run away from the core issues that … Read more
The Ministry of Finance has responded to recent allegations by the Minority in Parliament that the April 3 bond issued by government was skewed in the favour of cronies and relatives of the Minister of Finance. At a press conference addressed on Tuesday, April 18 by former Deputy Finance Minister Cassiel Ato Forson, the Minority … Read more
The Ministry of Finance has described as “malicious”, allegations by the opposition National Democratic Congress (NDC) that the recent $2.25 billion domestic bond issued by government was shrouded in secrecy. According to the Ministry, the process that led to the issuance of the bond was no different from previous ones. “This particular bond issue was … Read more
The Ministry of Finance has described attacks on the $2.25 billion bond issued recently as baseless. The Minority group in parliament, led by a former Deputy Finance Minister, Mr. Cassiel Ato Forson alleged that the issuance was done in secrecy, denying other investors an opportunity to participate in the bond. The Minority further alleged that … Read more
The Ministry of Finance has described attacks on the $2.25 billion bond issued recently as baseless. The Minority group in parliament, led by a former Deputy Finance Minister, Mr. Cassiel Ato Forson alleged that the issuance was done in secrecy, denying other investors an opportunity to participate in the bond. The Minority further alleged that … Read more
A deputy Finance Minister Abena Osei Asare is accusing the minority of deception over claims of conflict of interest against her boss Ken Ofori-Atta. The minority at a press briefing on Tuesday, April 18, 2017 cited the finance minister for conflict of interest and lack of transparency in the issuance of $2.25 billion 15-year bond. … Read more
Deputy Information Minister Kojo Oppong-Nkrumah says “nothing untoward” happened with the $2.25 billion bond issued by government to arrest Ghana’s suffocating debt burden. Speaking to Joy News, he said the issues raised by the minority in Parliament over the bond are aimed at taking the shine away from the successes chalked by President Nana Addo Dankwa Akufo-Addo within … Read more
The US$2.25 billion domestic bond issued recently by the government of Ghana did not need to go to parliament for approval, Minister of Monitoring and Evaluation, Dr Anthony Akoto Osei has said in response to a demand by the Minority in Parliament that the bond issue should have gone to the chamber. Also, the Minority … Read more
A deputy Finance Minister Kwaku Kwarteng has dismissed allegations by the Minority that the Finance Minister Ken Ofori Atta cooked up a $2.25 billion bond for cronies. The Minority at a press conference Tuesday April 18, 2017 accused Mr Ofori-Atta of conflict of interest as far as the issuance of the government’s recent 15 year … Read more