The Minority in parliament has dismissed claims by the Vice President that the immediate past government did not account for a GHC7 billion expenditure drawn from state coffers between 2014 and 2016.
At a press conference Wednesday, the Minority says the GHC7 billion expenditure is captured in a special government data system at the Finance Ministry which Dr Mahamudu Bawumia should be aware of.
The NDC MPs were reacting to claims by Dr Bawumia that the nearly four-weeks old government could not find GHC7billion.
"As we interrogated the data to see exactly why our public finances are in the state they are, we found that there is GHC7 billion of expenditure that has not been disclosed," he revealed government's findings whilst preparing the 2017 budget.
He wondered why data for the 2014/2015 and 2015/2016 fiscal years given the governing New Patriotic Party (NPP) are not complete.
"Where have they [GHC7 billion] been hiding all these years?" he quizzed the audience.
But addressing a press conference in Accra, former Deputy Finance Minister Ato Forson says the expenditures were captured under a new financial management system called the Ghana Integrated Financial Management Information Systems (GIFMIX) which the current government does not understand.
He says previously, it took three to six months for government expenditures to appear on government database as arrears that the state should pay. But under GIFMIX, expenditures are captured immediately, hence the GHC7 billion figure.
More soon...
Source: myjoyonline.com
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Fork this London security guard called Ato Forson. Dr.Bawumia is smarter than all you cr1minals in the Ndc. Guess what? Ghanaians trust Dr.Bawumia than the entire Ndc. Forking ***barred word***. You are caught once more you armed robbers. God bless Nana/Bawumia.
It it's not hidden why didn't u disclose it in the handing over notes. U will pay for it so get ready.
Couldn't have said it better? Ato "ridiculous" Forson, you mean the new and improved and realtime GIFMIS wasn't able to give you the info so you could make it part of your handover notes? Nincompoops like you have no place in parliament or government. So you were hiding in GIFMIS? Just say so
If by the new system u can account for new expenditures in minutes, why this report was not added to the transition report?
Ndc think they are smart but forgot others are smarter than them. Ndc and Dr Bawumiah who do Ghanaians believe?they believe His Excellency Dr Alhaji Bawumiah more than ndc thi*ves who are trying to hide and defend their thi*very. So you think he doesn't know what is going on at the Finance ministry being head of the economic management board? Or you think Seth Terkpeh is still the Finance minister ?Hahahahaha this shows ndc haven't come to terms of their defeat,they don't know they are in opposition and that there is a new Finance minister who is working with the Vice President?hahahahahaha! Frustration can also be part of ***barred word*** I think. Ndc press conferences will never help you because even your own footsoldiers know you are dishonest and don't trust you,so who are you complaining to ?the Ghanaian people who voted massively against you because of your thi*very or you supporters who know you kept mon ey meant for your defeat?not until you seek God's intervention to let you know the truth and speak the truth you will continue in the wilderness of lies till thy kingdom come. TRUTH IS GOD AND GOD ONAAPO. Ndc be in your voodoo and juju untruth and think God will hand our country to you evil and wicked people then you lie bad. The BIG HAND that has delivered our country from your hands is still UP and will never leave Ghanaians into your hands. The Battle Is Still The Lord's until ndc is no more.