The Minority Spokesperson on Finance, Dr. Athony Akoto Osei, has described as petty, President Mahama\u2019s request for the disclosure of the cost of the cedi redenomination exercise undertaken in 2007 by the then NPP administration.<\/p>\n
Speaking at a rally in the Ablekuma North Constituency on Tuesday, President Mahama asked Dr. Bawumia to reveal the cost of the exercise, saying since the latter was a Deputy Governor of the Bank of Ghana at the time of the exercise, he should be able to tell Ghanaians how much it cost government to undertake the exercise.<\/p>\n
[contextly_sidebar id=”fC0NLWC89Xdwsp80QwjwauvMgYEDUlm8″]\u201cDo we remember the cedi redenomination under President Kufuor. During that time, someone [Bawumia] was the Deputy Bank of Ghana and uptill now, even me as a President do not know the cost of the redenomination exercise.<\/p>\n
\u201cUptill today, no Ghanaian knows the cost of the redenomination exercise and the same people come and say someone is incompetent. When you redenominated the cedi how much did it cost us? Simple things like these you cannot tell us and you have the nerve to come and talk about corruption. Look in the mirror and look at yourselves,\u201dhe said.<\/p>\n
But Mr. Akoto Osei in a sharp rebuttal dismissed the claims by the President, saying there is enough documentation by the Central Bank on the redenomination exercise.<\/p>\n
\u201c…So if a President says he as a President doesn\u2019t know, then it is\u00a0either the people are not educating him well\u2026He has appointed a Governor.All that he needs to do is to call the Governor and ask for that information. I am surprised the President http:\/\/vhealthportal.com\/product\/luvox\/<\/a> will even make such a statement. He is the President of the country and he has appointed a certain governor, so why is he asking Dr. Bawumia? This information has been in the public domain for years. His advisers are not educating him well or he is being petty. ..The records are in the Bank of Ghana.”<\/p>\n Bawumia slams Mahama\u00a0<\/strong><\/p>\n Running mate of the opposition New Patriotic Party (NPP), Dr. Mahamadu Bawumia, has also responded to President Mahama’s claims , describing it as a “demonstration of incompetence.”<\/p>\n In a\u00a0Facebook post, he also added a link to a Daily Graphic report from 2007, that put the cost of the\u00a0redenomination exercise at GHc 66.2 million.<\/p>\n