Bolgatanga Central MP, Isaac Adongo, has refuted media publications which sought to suggest that he was undermining his colleague and fellow member of the Finance Committee of Parliament, in relation to the legislature’s probe into the collapse of some seven local banks.
“The words being attributed to me in the … publication are … false and non-existent but were only mischievously crafted, concocted or invented to throw a wedge between myself and my colleagues,” Mr Adongo said in a statement on Friday, 7 September 2018.
Mr Adongo, an ardent critic of the managers of the country’s economy, has been accusing Finance Minister Ken Ofori-Atta, Governor of Bank of Ghana (BoG), Dr Ernest Addison; and Director General of the Securities and Exchange Commission (SEC), of being complicit in the collapse of UT Bank, Capital Bank, uniBank, Sovereign Bank, The Royal Bank, The Beige Bank and The Construction Bank.
UT Bank and Capital Bank were taken over by GCB Bank while the last five were put together by the BoG to form the all-new Consolidated Bank Ghana (CBG) Limited.
Mr Adongo boycotted parliament’s probe.
According to him, the parliamentary probe is “a rubber stamp process, it will deliver no value [and] I am not willing to be part of it”.
The Minority MP pointed out that the documents that the committee members were given were statements from the banking sector and press releases by the BoG.
He further stated that documents from audit firm, KPMG, only contain conditions and opinions on uniBank.
He further revealed that the committee members do not know the terms of reference of the job that KPMG did, and “we don’t even know the full report of Boulders [Advisors], except an executive summary of Boulders’ work”.
For him, the committee has not been provided with all the relevant documents and other materials to constitute an independent and credible work, hence his decision not to “take part in rubber stamp meetings”.
Nonetheless, other members of the Minority on the committee including, Mr Kwetey, participated in all the meetings.
Mr Kwetey, after the first day of sitting, told journalists that Mr Adongo was on his own as far as his one-man boycott was concerned, adding that the Bolga Central MP did not represent the Minority with his actions and comments.
Mr Adongo noted that he knows Mr Kwetey “to be an investment banker with adequate insights and intellectual capacity to do what he does”.
The lawmaker said he, therefore, found it strange that media publications will suggest that he had cast a slur on Mr Kwetey when he had not done so.
“Those interested in breaking our front and particularly, my resolve to criticise and hold government accountable and responsible will fail pathetically as I stand resolute. Subterfuge and calumny is not the way. I stand for truth and justice and the truth shall prevail ultimately,” he emphasisied.
Source: classfmonline.com
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I aways say this Adongo man is a disgrace to his constituency and I don't know how they vote to elect somebody to represent them in parliament. Such a dumb dude is making to march noise in Ghana like he is also somebody, a Gimpa trained just comparing himself to Dr Bawumiah and Mr Ken Ofori Atta who went to prestigious universities abroad aaah ! in fact Ghana's politics has become cheap and nasty (3tan) he thinks he is equal to Dr Bawumiah so want to show off to his constituents he can do better than Dr Bawumiah but you don't know sh*t ! Dr Bawumiah has made his name in Ghana already and nothing will draw it back, even your own ndc members at the committee see you as know it all but don't know nothing (huuhu) so left you alone! in any case, go and pay your loans to GN Bank and defunct sovereign bank." Akpakye, gyankari" oto a ontua ka ! kalabule man.
MR ADONGO YOU HAVE DISGRACE YOUR SELF BIG TIME. WHY DIDNT YOUR COLLEGES FOLLOW YOU UP? THEY SAW YOU AS A HYPOCRITE AND BEING FAR AWAY FROM THE TRUTH.WITHOUT YOUR PRESENCE THE MEETING WENT ON SMOOTHLY.THIS ACTION OF YOURS SHOULD TELL YOU THAT YOU ARE AN EMPTY BARREL.I PRAY YOU LOOSE YOUR SEAT NEXT ELECTIONS WHICH IS 2020.
What is truth Mr. Adongo?