There's Absolutely No Act Of Corruption In Agyapa Royalties Deal - Kwamena Duncan

Kwamena Duncan, Central Regional Minister, has urged Ghanaians to disregard the opposition by the Minority in Parliament and the National Democratic Congress (NDC) to the government's Agyapa Royalties deal.

The Agyapa Royalties deal was passed in Parliament to allow the country to float its mineral shares to reap more benefits.

The firm in charge of floating the shares in accordance with the Minerals Income Investment Fund (MIIF) Act of 2018 (Act 978) is Agyapa Royalties Limited, a Special Purpose Vehicle.

According to the deal, Agyapa Royalties Limited will operate as an independent private entity and raise funds to the sum of about $1 billion from the Ghana Stock Exchange (GSE) and the London Stock Exchange (LSE).

The money is to be used to finance infrastructural projects in the country.

But the Minority staged a boycott while the deal was being discussed on the floor.

They raised concerns about the terms of the deal and also cited conflict of interest due to the selection of Senior Minister's son and a cousin to President Nana Akufo-Addo, Gabby Otchere-Darko as part of the Agyapa Royalties Firm.

The Minority also believes the deal is shrouded in secrecy, hence suspecting some underhand dealings.

Addressing the issue on Peace FM's 'Kokrokoo', Kwamena Duncan asserted there is nothing wrong with the deal.

According to him, the opposition party is only making empty claims, insisting ''there is absolutely no corruption anywhere''.

He also refuted the claims of conflict of interest emphasizing the Agyapa Royalties Limited is ''100% government-owned''.

He told host Kwami Sefa Kayi that the opposition party has decided to oppose every good initiative of the government but President ''Akufo-Addo and his government [are] always two steps ahead of the ordinary''.

"What they say can't be done is what Akufo-Addo's government gets it done," 
he added.