The minority ranking member on foreigner affairs, Samuel Okudzeto Ablakwa has rubbished claims that the decision of the Minority in Parliament to dig deep into the controversial $2.25billion bond is aimed at disgracing the country.
He insists the minority side in parliament has observed some flaws in the acquisition of the bond which informed its decision to petition the U.S.A Securities and Exchange Commission to investigate the matter.
“As I said in April this year, we are using every means available to us including going international to ensure that the questions we have raised about the $2.25 billion bond are answered. I have just presented the petition to the U.S.A Securities and Exchange Commission and they have given us a code which they will use to be communicating with us. We had very fruitful discussions. Let me state that they are impressed with the documents we presented to them. They have promised to investigate the matter thoroughly but have not been able to give timelines”, he said.
According to him, the wide scope of approaches to unraveling the sale of the bond is not meant to disgrace the country as many perceive insisting that the minority is not wrong in going international with its concerns on matters it is unclear about.
The Minority in Parliament petitioned the Securities and Exchange Commission (SEC) of the US, over the US$2.25 billion bond issue, 95% of which was purchased by Franklin Templeton
The government in April this year, auctioned a total of 2.25 billion dollars in four bonds.The first two bonds, totalling 1.13 billion dollars, was issued at 15 and 7 years period with the same coupon of 19.75%. In addition, the Ministry of Finance raised the Cedi equivalent of USD1.12 billion in 5 and 10-year bonds via a tap-in arrangement.
The Minority then raised concerns over the bond issue and called for a full-scale parliamentary probe into how some persons they referred to as very close friends of the Finance Minister, Ken Ofori-Atta, purchased 95% of Ghana’s recent 2.25 billion dollar bond.
The Bank of Ghana and Finance Ministry have insisted that the bond could not have been manipulated as claimed by the Minority but officials and Members of Parliament of the opposition NDC have insisted a probe is required.
Source: mynewsgh.com
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stuuuuuppppiddd NDC minority. What do you think the Americans will do? This is a Ghana matter and they will not care. NDC minority do not know any economics, Bawumia asked you to respond to 170+ questions on economics and you could not answer one. And today, your ignorance and fooooooouuuulishness is showing. WE SHALL NEVER LET YOU NDC COME TO POWER AGAIN!!! YOU ARE STUUUPIIIID!!!
They think Americans are st*pid like those in the ndc,they are not disgracing Ghana but showing their shallow minds and incompetency to the world and how us*less and kriminal organisation ndc is? What business has America to do with the ndc? Or they think Americans don't know who they are and what they stand for and they think Americans don't know they ndc don't believe in American Ideology? jokers! I know they will bring nothing like they went with nothing. They think Americans deal with fo*ls in opposition ,what did they show to the ndc that they Americans like them? Even President Obama visited Ghana once and never came back because of ndc incompetency and evil ideology. Jokers!
YES MINORITY YOU WANT TO DISGRACE GHANA. IN YOUR HASTE TO DISGRACE NPP, YOU MINORITY NDC WANT TO TELL US THAT WE CANT HANDLE THINGS OF OUR OWN. WE ARE NOT CAPABLE OF HANDLING OUR AFFAIRS.BIG SHAME TO NDC, AM DISAPPOINTED IN NDC. NEXT TIME TAKE GHANA MATTER TO THE HAGUE .NDC SHAME... JJ I WEEP FOR YOU.PEOPLE LIKE OKUDZETO HAVE A SAY IN NDC. THE CENTRE CANNOT HOLD
Who cares , you can even petition Trump himself, where did you get the money you claimed to ve been stolen by the washing bay attendant, you do all u can to smear Nana Addo government with corruption but won't wash, Ghanaians even your founder and his wife know the NDC guys are very very corrupttt and greedy thieeeeves, especially you Oku, a man with a graaascutter sharrrp teeth , the most important thing to do is to go file your grasshopper teeth
WE DONE MINORITY FOR THE STEPS TAKEN. IF IT WAS NPP IT WOULD HAVE BEEN WORSE. THEIR GREAT GRAND FATHERS TOOK A PLANE TO LONDON AT THE EVE OF DECLARATION OF GHANA INDEPENDENCE TO PETITION THE QUEEN NOT TO AGREE TO GRANT THE NATION INDEPENDENCE BUT QUEEN REFUSED. SINCE WHEN THEY CAME TO KNOW SUCH ACTION WILL DISGRACE THE COUNTRY?. OSAFO MARFO DID TELL THE IMF THAT MAHAMA ADMINISTRATION HIDE CERTAIN EXPENDITURE PROJECTS TO DECEIVE IMF THAT NDC HAD MET BAILOUT CONDITIONS?. THIS CAN EVEN ATTRACT HIGHER SANCTONSTS BUT THEY DID.NPP SHOULD KEEP QUIET
Okudzeto never mind we are also lasing our boot to petition the Speaker of Parliament for some of your involvement in some judgement debt
So when is the independent Prosecutor coming to investigate these buffoons. Am sick and tired of these people rather calling for investigation against government. U draw dagger , government draws dagger u say political witch Hunting. We live to see we don't see to live.
Look at his orange face...albino
Still paining them that they lost the elections. Anything they can do to cast the government in a bad light, nothing can stop them.
NDC proclaiming their !ncompetence and ignorance to the world.