Editorial: Bloody Noise

The minority in Parliament is breaking our eardrums with corrosive noise. Every now and then, they dress up in fancy European clothes and African-wear for the elite and invite the media for a talking session. These minority Parliamentarians just don�t care about what they say. They will say anything for as long as it puts them on television and in the newspapers. Last week, they were at their worst accusing Government of harassing so-called foreign investors and yelling in support of the American oil company KOSMOS. The point is that nobody has asked KOSMOS to park off. Indeed it was KOSMOS itself which decided to sell its interest in the Jubilee field. KOSMOS made the decision partly because the funds it invested in Ghana are private equity funds with a maturity period of five years ending in 2009. The second reasons is that KOSMOS has always focused largely on exploration rather than exploitation and this must explain why 70-80 per cent of its management and technical staff have backgrounds in exploration. The Minority in Parliament believes that if it can make ugly noises about harassment of foreign investors it may succeed in getting foreign companies operating in Ghana to panic and withdraw their investments. In their desperation the minority is even defending Vodafone and all the foreign companies directly responsible for the mismanagement of Ghana Telecom. The minority must be told in plain language that crooked companies will have to be dealt with according to at the laws of Ghana and that the enforcement of Ghanaian law cannot under any guise amount to harassment. The people of Ghana certainly welcome non-Ghanaian companies which want to do business here but cooks will always be exposed and dealt with. The minority must know that the rule of law can only mean that the law won�t be a respecter of anybody and that foreign companies have obligations which they must meet. The bloody noise of the minority in Parliament has to come to an end.