Audio Attachment: Listen to Henry Nana Boakye on Peace FM's 'kokrokoo' |
The Minority in Parliament has issued a stern warning to government to prevent the Agricultural Development Bank (ADB) from granting loans to what they say are cronies of the governing New Patriotic Party (NPP).
The Minority's caution follows the approval of a GHC10, 459,500 million loan from ADB to McDan Shipping Company by Finance Minister Ken Ofori-Atta.
According to the Minority Leader and Member of Parliament (MP) for Tamale South, Haruna Iddrisu the Finance Minister has reduced his role to some credit disbursement entity to reward cronies of the government.
“The minister usurped the authority and functions of the bank and its board of directors, which has curiously not been constituted so we are concerned. So where are the board of directors of the major financial institutions of our country?” Hon. Iddrisu asked.
Addressing the issue on Peace FM's 'Kokrokoo', the Deputy Executive Director of the National Service Scheme, Nana Boakye cautioned the Minority Leader Haruna Iddrisu not to allow himself to be used by the Minority caucus.
According to him, Haruna Iddrisu's integrity is being challenged as he continually becomes the face of the Minority in every press conference.
In view of the ADB loan to McDan Shipping Company, Nana Boakye asked the Minority to prove any breach in the loan grant.
He noted that McDan did due diligence in the loan grant and has been a long standing customer of the bank which makes him legitimate for the loan.
Nana Boakye therefore expects the Minority to come out with concrete evidence of breach before they make any arguments against the Finance Minister.
To him, before the Minority raises eyebrows, they should be able to say "maybe, you (McDan) breached a Bank of Ghana Act or you breached a Financial Administration Act or a certain banking regulation. Or maybe the company’s or the financial institution’s regulation doesn’t allow it or maybe the shareholders have a shareholders’ agreement or document proving they shouldn’t have done that”.
Source: Ameyaw Adu Gyamfi/Peacefmonline.com/Ghana
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. |
What a world, Are you saying its wrong because the minority think so? They should state which law or regulation that was breached, that one too they cannot do that? Still exhibiting incompetence in opposition?
Someone who plagiarises academic work cannot be trusted have integrity of any value. Signs of incompetence.
Who is Nana B,where does he come from and what right does he has to comment on another man's integrity? When a thing is wrong its wrong irrespective of who is in power. The president told the nation that he is in a hurry and up until now he has not been able to constitute boards to over see works in the banks and other state agencies just because the NPP wants to engage in some of these malpractices just to fill their coffers again and pay the loans they took during the campaign period. See some of us are aware of the 2 million lone the NPP owes prudential bank.
Must everything be politicized? we must be mindful and watchful. Things must not be said and done all in the name of politics. just ask yourself, is what I am doing beneficial to Ghana? if yes, then good and carry forward and if NO then throw it in the garbage and tackle something which is much more beneficial
See his face like a g0at from the north!!!
I'm strongly inclined to believe that NDC as a party bodies forth lack of competent political party personnel in terms of Leadership and intergrity.The mere attempt to reinstate Mahama as a Flagbearer is clear acceptance of deficit in political and intellectual materia in body Party-NDC.Just, keep your own counsel to realize and appreciate that Harunna, whom before i held as competent and good materia for the NDC, is messing up as Minority Leader-loosing credibility.
Has he ever had any? How many years experience has he had doing real work to earn real money outside political offices? Remember his deputy thought she could make one million dollars within four years in the ministry he headed. Observers are watching
Massa; Jon Mahama and the NDC including his family did the same thing ; Lordina was awarded Cocoa Board contracts ; Ibrahim Mahama was accorded a military platoon body guards; Jon Mahama sister was given the TOLL contracts ; Ibrahim Mahama was allowed to escape paying custom duties and social security contribution ; Ibrahim Mahama was awarded state road contracts ; the last ward was the Bauxite contract to his family ; time was told when JOn Mahama and his leeches and maggots wwere cleared out of the stable for stilling and lying ; SO WHAT IS YOUR PROBLEM TODAY !!!!!!
Npp think Ghana belongs to them alone time will tell hmmm