Tag Archives: Bond

Gov’t blew GHc177m on ‘failed’ energy bond – Minority

The Minority in Parliament has lambasted the Akufo-Addo government accusing it of blowing GHc177 million on processes that preceded the issuance of the energy sector bond. According to the Minority spokesperson on Finance, Cassiel Ato Forson, government spent GHc87 million on administrative expenses, as well as GHc400, 000 on the printing of material for the energy bond roadshow. His latest ...

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

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

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

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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