{"id":85337,"date":"2015-01-25T07:56:03","date_gmt":"2015-01-25T07:56:03","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=85337"},"modified":"2015-01-25T07:56:03","modified_gmt":"2015-01-25T07:56:03","slug":"govt-failure-to-access-mca-cash-worrying-franklin-cudjoe","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=85337","title":{"rendered":"Gov\u2019t failure to access MCA cash &#8216;worrying&#8217; &#8211; Franklin Cudjoe"},"content":{"rendered":"<p style=\"text-align: justify;\">The President of IMANI Ghana, Franklin Cudjoe has chastised government for failing to access the second compact of the Millennium Challenge Account (MCA) allocated for the energy sector.<\/p>\n<p style=\"text-align: justify;\">[contextly_sidebar id=&#8221;YIOmkiLnOM0gJS2XUTdkETjpjO5LpGdm&#8221;]In August 2014, the Minister of Finance, Mr Seth Terkper, and the Millennium Challenge Corporation (MCC) signed the final document for the release of $497 million under the second compact of the MCA meant for the energy sector.<\/p>\n<p style=\"text-align: justify;\">Speaking on <strong>The Big Issue<\/strong> on Citi FM, Franklin Cudjoe wondered why government had not commenced the process of accessing the account; a situation he claimed had caused officials of the MCC to be worried.<\/p>\n<p style=\"text-align: justify;\">He said, \u201cwe were supposed to have signed off in October, but we have done nothing\u201d saying \u201call we&#8217;ve done is by creating a power ministry and we&#8217;ve done nothing to unlocking the funds.\u201d<\/p>\n<p style=\"text-align: justify;\">\u201cThe whole process of trying to fill out papers and draw the money was supposed to have been done in October&#8221; adding that such processes have not been done.<\/p>\n<p style=\"text-align: justify;\">&#8220;By the time we decide even if the decision is done in February, it will take another six to eight months&#8221; before the processes are completed.<\/p>\n<p style=\"text-align: justify;\">&#8220;In fact the MCA people are worried that this people are they serious this is free money,\u201d he claimed.<\/p>\n<figure id=\"attachment_37481\" aria-describedby=\"caption-attachment-37481\" style=\"width: 620px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/08\/Sefa-Dedeh-picture1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-37481\" src=\"http:\/\/4cd.e16.myftpupload.com\/wp-content\/uploads\/2014\/08\/Sefa-Dedeh-picture1.jpg\" alt=\"Chairman of the Millennium Development Authority (Ghana)  Prof. S.K Sefa-Dedeh\" width=\"620\" height=\"515\" srcset=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/08\/Sefa-Dedeh-picture1.jpg 394w, https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/08\/Sefa-Dedeh-picture1-300x248.jpg 300w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/a><figcaption id=\"caption-attachment-37481\" class=\"wp-caption-text\">Chairman of the Millennium Development Authority (Ghana) Prof. S.K Sefa-Dedeh<\/figcaption><\/figure>\n<p style=\"text-align: justify;\">Meanwhile, the Chairman of the Millennium Development Authority (Ghana) board, Professor Sefa-Dedeh said <span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/08\/06\/new-team-will-implement-compact-2-mida-chairman\/\" target=\"_blank\"><strong>a new team will be put in place<\/strong><\/a><\/span> to implement the second compact.<\/p>\n<p style=\"text-align: justify;\">&#8211;<\/p>\n<p style=\"text-align: justify;\">By: Godwin Allotey Akweiteh\/citifmonilne.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The President of IMANI Ghana, Franklin Cudjoe has chastised government for failing to access the second compact of the Millennium Challenge Account (MCA) allocated for the energy sector. [contextly_sidebar id=&#8221;YIOmkiLnOM0gJS2XUTdkETjpjO5LpGdm&#8221;]In August 2014, the Minister of Finance, Mr Seth Terkper, and the Millennium Challenge Corporation (MCC) signed the final document for the release of $497 million [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[],"tags":[43,38],"class_list":["post-85337","post","type-post","status-publish","format-standard","hentry","tag-foresight-medical-center","tag-palaver-newspaper"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/85337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85337"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/85337\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}