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Tag Archives: Bond

Ghana to lose $ 330m yearly over $2.25bn bond – Minority

Cassiel Ato Forson

The Minority in Parliament has accused the Finance Minister Ken Ofori Atta of causing financial loss to the state with the issue of the recent 2.25 billion dollar bond. Per their calculations, the loss is up to the tune of 330 million dollars per year over the next fifteen years. According to the Minority Spokesperson on Finance, Cassiel Ato Forson, ...

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Apologize for calling us ‘ignorant’ – Quashigah to Bawumia

Richard Quarshigah

The National Democratic Congress (NDC ) Member of Parliament for the Keta Constituency, Richard Quashigah, is on the heels of the Vice President, Dr. Mahamudu Bawumia, demanding an apology from him for calling the Minority ignorant over the sale of the domestic bond issued by government. The Minority at a recent press conference accused the Minister of Finance, Ken Ofori-Atta ...

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Attacks on $ 2.25bn bond baseless- Ministry of Finance

Finance Minister, Ken Ofori-Atta

The Ministry of Finance has described attacks on the $2.25 billion bond issued recently as baseless. The Minority group in parliament, led by a former Deputy Finance Minister, Mr. Cassiel Ato Forson alleged that the issuance was done in secrecy, denying other investors an opportunity to participate in the bond. The Minority further alleged that the transaction was “cooked” to ...

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