Member of Parliament for North Tongu, Hon. Okudzeto Ablakwa has pointed out that Finance Minister, Ken Ofori-Atta’s visit to Parliament to explain further on the $2.25 billion dollar bond is based on the persistent effort of the Minority in Parliament.
According to him, the Majority in Parliament and Nana Addo’s government have now moved away from their initial use of insults as their official response to the claims of the Minority, hence the visit of the Finance Minister to Parliament to present the full documentations surrounding the transaction.
Speaking on Okay FM’s 'Ade Akye Abia' Morning Show, Hon. Samuel Okudzeto Ablakwa insisted that the $2.25 billion dollar bond was not on Parliament Issuance Calendar, making the transaction not transparent and eventually forcing the Minority to hold a press conference.
“We had a wind of this whole bond transaction during recess and we had a press conference because the bond was not on our issuance calendar and it was not transparent. The time they notified the market, they had already started the transaction before they notified the market,” he asserted.
He even indicated that the Minority in Parliament has the chronology of the event, reiterating that the whole transaction was shrouded in secrecy.
He still holds the view that the $2.25 billion bond is a contention of several laws including the Constitution of Ghana, where Article 181 says that this transaction should have come to Parliament.
He again averred that the Securities and Exchange law was clearly breached as this transaction should have received approval from the Securities and Exchange Commission of Ghana.
“All these didn’t happen. Initially, the reaction from the Vice President was that we don’t read and we don’t know what we are about which was clearly an insult. It was clear that they just wanted to insult us as their official response and so we stepped up beyond the press conference and we went to CHRAJ, and I went to Washington DC to file a petition with the Securities and Exchange Commission and so now there is a case manager on this case whom we have been interacting.
“Investigations are ongoing. We have indicated quite clearly that this is a matter which we are very serious about and very committed to it and we are not going to relent at all in making sure that the right thing will be done,” he assured.
He maintained that the desire of the Minority in Parliament is that at the end of the day, the right thing is done and for transparency to prevail in this transaction.
“We are happy because the Finance Minister, the Majority Leader and the government are beginning to take us serious and have moved away from the insult, and that is why the Majority Leader seconded the motion filed by the Minority Leader to make the Finance Minister bring the full documentation to Parliament,” he indicated.
Source: Daniel Adu Darko/Peacefmonline.com
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
I always hold the view that name calling will not provide answers to questions. We must wait and see the outcome. From where l stand, the minister is not answering the questions. Conflict of interest can be proven.
Sometimes when you teach somebody something for a long time and the person is finding it hard to understand or pretends he doesn't understand..u end up insulting the person and Ken did that diplomatically.. The next time Ken is call upon he has to descend into the gutters with them.. They have institutionalize their incompetence.. and this are members of Paliament and this r people who govern this nation.. Bawumia will insult them again becos he has explained it several times to them but still they dont understand..too dump
When Dr. Nkrumah was asked about the corruption in his government he said that he believed that the only way to fight corruption is to create a strong public opinion against it. To this end, Akufo-Addo must ensure that kindergarten and primary school children across the country are taught anti-corruption poems and songs. An anti-corruption question must always appear in the BECE.
now baby with double sharp teeth, untill when did you got to know things of this sort should come to parliament for approval? in 2012 elections john mahama the incompitent president spent eight billion cedis for his three mounths campaign.Did he seek the approval from parliament before spending those monies? You are going to loose your seat next four years.
You have started interacting case manager even before the one the person is going to investigate get to know whom he/she is ?? I know if it were NDC on the other side and it goes against them as it will be they will say NPP influenced her because because they started talking to her first. Ghana is better of without you people
So tell me, Bebe with šhärp tèëth, who is Templeton? Hahahaha...I laugh enter between the gap in your two rabbīt front Têèth. Kweku Baako said it, you have now internationalized and documented your înćõmpēteńce!
What a jerrk, who take you serious. The Finance Minister reemphasized your ignorannce and inability to read. Mr Tongo mp youre more like a nuisance please why not leave the house for patriots to work. Drop dead and let use salary to fund the free SHS
They do not understand Ken Ofori-Atta's ridicule and insults because they are just used to the usual k.w.a.s.i.a and a.b.o.a. insults on air. They were badly made fun of by Ken but they still don't get it. Tweaaaaaaaaa Never again!
Well well well, the majority allowed and seconded your motion because they want to show the difference between you (NDC) and them (NPP). Under your government, you shot down the Fortis/Merchant bank sale out. You did same with Mahama Ford. We won't use our numbers to shoot down your frivolous motion. This is a transparent government at work!!
OH BRA OKU, PLEASE, FOR THE RECORDS, THE MINISTER HAD REALLY INSULTED YOUR SHALLOW INTELLIGENCE. READ TO ASCERTAIN KNOWLEDGE AND STOP MAKING NOISE. YOUR EMBARRASSMENT IS ON THE WAY