Tag Archives: Ken Ofori-Atta

Minority MPs want Ofori Atta summoned over Ghana’s debt stock

Some minority Members of Parliament want the Finance Minister, Ken Ofori-Atta summoned to provide the true state of the country’s debt stock. According to NDC MP for Ho Central, Benjamin Kpodo, failure to capture debts such as the ones incurred from the collapse of Capital and UT Banks, indicate that government has not accurately reported to the people of Ghana ...

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2018 will provide true test for ‘recovering’ economy – IMANI Boss

IMANI Africa President, Franklin Cudjoe believes the real test for the Akufo-Addo administration’s economic management team will come in 2018, following the macroeconomic gains made in 2017. Speaking on The Big Issue, the policy analyst cited the restricted spending in 2017 and increased budgetary allocations for 2018 as the reasons government will have to be wary of this year. His ...

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Franklin Cudjoe backs Ofori-Atta’s legal action against CHRAJ

President of policy think tank, IMANI Africa, Franklin Cudjoe has defended a decision by the Finance Minister, Ken Ofori-Atta, to commence legal action against the Commission on Human Rights and Administrative Justice (CHRAJ), over aspects of the institution’s report on the $2.25 billion bond saga which somewhat indicted the Minister. According to Information Minister, Mustapha Hamid, Ofori-Atta will soon go ...

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NDC MPs behind CHRAJ petition against Ofori-Atta – Casely-Hayford

Sidney Casely Hayford

A member of pressure group, Occupy Ghana, Sydney Casely-Hayford has named some five members of the opposition National Democratic Congress (NDC) whom he believes are behind the petition against the Finance Minister, Ken Ofori-Atta in the $2.25 billion bond saga. According to him, although Brogya Genfi, the Ashanti Regional Youth Organizer of the NDC was fronting the action, the likes ...

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Investors to ditch Ghana over calls to remove Minister

Mahama Iddrisu

An Investment Banker, Mahama Iddrisu has told Citi Business News calls for the resignation of Finance Minister, Ken Ofori-Atta might cause investors to boycott investment decisions to Ghana going forward. He argued that the move is also likely to affect subscription of the country’s bonds expected to be issued in the first quarter of this year – 2018. The Minority in Parliament has ...

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Ofori-Atta to sue CHRAJ over $2.25bn bond case

The Finance Minister, Ken Ofori-Atta, will be dragging the Commission on Human Rights and Administrative Justice (CHRAJ) to court, over its handling of the conflict of interest petition in relation to the $2.25 billion bond issue. He is heading to court to compel CHRAJ to overturn some of the declarations it considers irrelevant to the petition. Addressing a news conference in Accra ...

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Ghana’s total debt stock hits GH¢138.8bn

New figures released by the Bank of Ghana (BoG) show that the country’s total debt stock has hit GH¢138.8 billion cedis as of November 2017, representing 68.7 percent of the country’s Gross Domestic Product (GDP). It shows a marginal decrease from September’s figure of 138.9 billion cedis compared to November’s figure of 138.8 billion cedis The figures, however, show that ...

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Bond saga: CHRAJ erred in clearing Finance Minister- Law lecturer

A Lecturer at the GIMPA Law Faculty, Justice Srem Sai, has questioned the Commission for Human Rights and Administrative Justice’s (CHRAJ) exoneration of Finance Minister, Ken Ofori Atta in the controversial 2.25 billion dollar bond saga. CHRAJ, in its 140-page report concluded that although Mr. Ofori-Atta was not guilty of conflict of interest, he breached some processes in the issuance of ...

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Ofori-Atta ‘manipulated processes’ in $2.25bn bond – Adongo

The NDC Member of Parliament for Bolgatanga Central, Isaac Adongo, has accused the Finance Minister, Ken Ofori-Attah, of manipulating the processes in the issuance of the controversial 2.25 billion dollar bond. His comment comes hours after the Commission on Human Rights and Administrative Justice’s (CHRAJ) cleared Mr. Ofori-Atta of allegations of conflict of interest levelled against him in the deal. ...

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CHRAJ report on Ofori-Atta vindicates us – Minority

The Minority in Parliament believe they have been vindicated by the Commission on Human Rights and Administrative Justice (CHRAJ) on its findings in allegations of Conflict of Interest against Finance Minister, Ken Ofori-Atta, in the issuance of the $2.25 billion bond. The National Democratic Congress (NDC) MPs say CHRAJ’s revelation that the Minister breached several processes in the issuance of ...

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