It said, Trevor Trefgarne, a director at\u00a0Franklin Templeton, the institution that purchased 95 percent of the bond is also a Director at Enterprise Group Limited, a private financial institution the Finance Minister, Ken Ofori-Atta co-founded.<\/p>\n
But speaking on Citi FM\u2019s<\/strong> news analysis program, The Big Issue<\/strong> on Saturday, Casely-Hayford said there was no case of conflict of interest in the transaction as the NDC suggested.<\/p>\n He said, \u201cthe bond is issued by the Central Bank, it is not issued by Ken Ofori Atta\u2026The bottom line is this, the transaction is perfectly transparent because it is done through the Central Bank, and anybody who wants to know, you can go to the Central Bank today and you can find the list of all the bonds they plan to issue.\u201d<\/p>\n He further questioned the Minority\u2019s moral right to criticize the government over the issuance of the bond<\/a><\/strong><\/span>.<\/p>\n He argued that the NDC, while in government, awarded \u201csizeable and juicy\u201d contracts to Ibrahim Mahama, brother of former President John Mahama.<\/p>\n \u201cThe conflict of interest issue occurs all over and has occurred all over this landscape that we have today. The question we have to ask is, is the NDC qualified to come now and criticize what is going on, when previously, there have been instances in which they themselves have been involved and in which they have never discussed.”<\/p>\n \u201cTake for instance, you are the President of this country and your brother happens to be one of the major players in construction in the country and he keeps winning major contracts, sizeable ones, juicy ones, is it a conflict of interest?\u201d he quizzed.<\/p>\n Meanwhile, the Vice President, Dr. Mahammudu Bawumia, has expressed shock at what he calls the ignorance of the Minority in Parliament over their allegations on the recent $2.2bn\u00a0bond<\/strong><\/a><\/span>\u00a0issued by the government.<\/p>\n According to him, the Minority\u2019s position on the matter clearly shows that they are uninformed.<\/p>\n In an interview with the Citi News\u2019<\/strong> Vivian Kai Lokko in Washington, Dr. Bawumia said the members of the Minority need education on the subject to fully understand the matter.<\/p>\n –<\/p>\n By: Jonas Nyabor\/citifmonline.com\/Ghana![\"Finance](\"http:\/\/citifmonline.com\/wp-content\/uploads\/2017\/04\/Ken-Ofori-Atta.jpg\")
![\"Dr.](\"http:\/\/citifmonline.com\/wp-content\/uploads\/2017\/02\/Dr-Mahamudu-Bawumia-1024x683.jpg\")
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