A leading member of the National Democratic Congress (NDC), Yaw Brogya Genfi says the Minister of Finance, Ken Ofori-Atta risks being removed from office over his failure to follow statutory procedures in the issuance of the government\u2019s $2.25bn bond.<\/p>\n
He made the comment in reaction to CHRAJ\u2019s release of the report on its investigation of the minister over allegations of conflict of interest in the issuance of the bond.<\/p>\n
[contextly_sidebar id=”8Sj8pZnaioH2KoiRDr7a6rPwsEFuSjY1″]Genfi, who petitioned CHRAJ in April 2017 over the allegation said in a statement copied to citifmonline.com<\/strong> that he was studying the 140-page report with his lawyers and will indicate publicly his remarks \u201cin due course\u201d.<\/p>\n CHRAJ, after months of investigation, said Mr. Ofori-Atta\u00a0breached certain processes<\/a><\/strong>\u00a0in the issuance of the bond, however, it cleared him of all claims of\u00a0conflict of interest<\/a>\u00a0<\/strong>in\u00a0the issuance of the bond.<\/p>\n \u201c..the evidence so far indicts him [Ken Ofori-Atta] of several illegalities which constitutes enough grounds for his removal from office,\u201d he said.<\/p>\n He further commended CHRAJ for \u201ca meticulous work done.\u201d<\/p>\n We’ve been vindicated – Minority<\/strong><\/p>\n Meanwhile, the Minority in Parliament believe they have been vindicated CHRAJ’s findings on the matter.<\/p>\n In a statement copied to\u00a0citifmonline.com,<\/strong>\u00a0the Minority Leader, Haruna Idrissu, said \u201cthe adverse findings contained in the decision of the CHRAJ vindicate our position that the US$ 2.25 Billion bond issuance was fraught with irregularities and did not comply with Ghanaian law.\u201d<\/p>\n The Minority say they will hold a press conference in the coming week on the outcome of CHRAJ’s investigations.<\/p>\n