NDC appalled by $12 million dollar expenditure on botched Agyapa deal; threatens prosecution

The National Democratic Congress has accused the Akufo-Addo/Bawumia government of “causing financial loss” to the state over the botched Agyapa Gold Royalties deal.

At a press conference addressed by the party in Accra today, National Communications Officer, Sammy Gyamfi, accused President Akufo-Addo and Vice President Dr. Mahamudu Bawumia of habouring what he describes as “countless skeletons of corruption in their closet”, following recent revelations at the Public Accounts Committee hearings.

It has emerged per disclosures by the Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Edward Nana Yaw Koranteng, that government has already committed some $12 million into the failed Agyapa Gold Royalties arrangement which came under intense public scrutiny sometime in the year 2020.

Speaking earlier today at the NDC’s ‘Moment of Truth’ press conference, Sammy Gyamfi called out these payments, labelling them as cruel and unconscionable and amounting to corruption and an abuse of the public purse, at the time when the country was still battling the ravages of the Coronavirus pandemic.

The NDC referenced the Corruption Risk Assessment by former Special Prosecutor, Martin Amidu, which established that the processes leading to the approval of the deal, among other things violated the Public Procurement Authority Act, Public Financial Management Act and provisions of the 1992 Constitution.

Based on the above, the NDC concluded that the suspended Agyapa deal was declared null and void by the OSP, hence payments to certain entities are illegal and have no legs to stand on. The party has therefore vowed to retrieve the sum of $12 million should the NDC and John Mahama win the 2024 general elections, and to prosecute current government officials who were involved in making these payments

Comments

Happily, the two directors who caused PBC woes lost their bid to be NPP parliamentary candidates – Mahama

GAPNEWS Happily, the two directors who caused PBC woes lost their bid to be NPP parliamentary candidates – Mahama Former President John Dramani Mahama has said that the directors of the Produce Buying Company (PBC) will be investigated for their actions that caused the problems of the company. Mr Mahama accused the two directors of attempting to seek refuge in Parliament from accountability, but God being so good, they lost their bid to be parliamentary candidates on the ticket of the New Patriotic Party (NPP). Speaking with cocoa farmers in Kumasi and the General Agriculture Workers Union on Thursday, February 8, the flagbearer of the National Democratic Congress (NDC) said, “The workers of PBC have not been paid for about 8 months to 9 months and it is not known when they will receive their salaries, it is instructive to note that two of the directors who have left PBC into the ditch could see that they had finished the company and so they were looking for new careers and so they wen...

Finance Minister Amin Adam outlines seven priority points in his first meeting with mg’t of MoF

GAPNEWS Finance Minister Amin Adam outlines seven priority points in his first meeting with mg’t of MoF The Minister for Finance, Dr. Mohammed Amin Adam has outlined seven priority points in his first meeting with the Management of the Ministry. He met the entire management on Monday February 19 I will bring new urgency to bear on the work so we can run and fly and make an impact within this short period” he said. Dr Amin succeeded Ken Ofori-Atta at the Ministry in the recent ministerial reshuffle done by President Akufo-Addo on Febraury 14. Earlier, he told journalists that “Revenue collection will be pursued aggressively. So you are going to see me moving around the revenue centres, the ports, the airport, and the market areas to encourage the staff of GRA to collect more revenue but also to institute a friendly approach to collecting revenue.”

Re-assigned ministers must be vetted –Dafeamekpo

GAPNEWS Re-assigned ministers must be vetted –Dafeamekpor The Minority in Parliament has said that all the re-assigned ministers will have to be vetted and approved by the Appointment Committee of Parliament. The opposition lawmaker says served notice to contest the re-assignments of 5 ministers of state to the office of the president at the Supreme Court. South Dayi Member of Parliament contends that the ministers must be subjected to parliamentary approval and not just occupy the office without approval. “I am saying on the authority of the constitution that those persons’ appointments were revoked by the president, and their re-assignment must be subjected to parliamentary scrutiny. “So, we are demanding that those five ministers he has reassigned must be subjected to parliamentary vetting, and that is the procedure, so they cannot escape parliamentary scrutiny,” he said in Parliament on Friday. He added “We will do our duty as the constitution demands, and we will demand that their...

GAPNEWS Ghana moves to capture US$2.4bn China soya market. The hefty tariff on soybeans from the United States has caused a 17 percent import decrease of the produce into China in February 2019, being the lowest level recorded since 2015, General Administration of Customs – Chinese statistical agency, has revealed. In 2017, U.S. soybean exports to China reached a volume of US$14.573 billion. Currently, the United States is the world’s largest soybean producer and second largest exporter, after Brazil. On the other hand, China is the world’s largest importer of soybeans – imported 91 million tonnes in 2018 market year as against 94 million tones the previous year. This suggests that the trade war between the two largest economies has created the opportunity for more than US$2.4 billion market share of soybeans that countries producing it can compete. Although, imports of soybean to China has reduced by 17 percent, this does not mean that consumption has reduced in similar terms...

GAPNEWS

Search This Blog