{"id":314580,"date":"2017-04-28T07:28:44","date_gmt":"2017-04-28T07:28:44","guid":{"rendered":"http:\/\/citifmonline.com\/?p=314580"},"modified":"2017-04-28T07:28:44","modified_gmt":"2017-04-28T07:28:44","slug":"govt-unshaken-by-petition-over-bond-issue-oppong-nkrumah","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/04\/govt-unshaken-by-petition-over-bond-issue-oppong-nkrumah\/","title":{"rendered":"Gov’t unshaken by petition over bond issue – Oppong Nkrumah"},"content":{"rendered":"
The Akufo-Addo government is unflustered by the petition to Commission on Human Rights and Administrative Justice (CHRAJ) to investigate the possible conflict of interest in the $2.25 billion bond issue.<\/p>\n
In a Citi News<\/strong> interview, a Deputy Information Minister, Kojo Oppong Nkrumah insisted that the bond was issued in tandem with laid down procedures, hence the position of confidence from the government.<\/p>\n [contextly_sidebar id=”1pvXqcWJ1hzXRvwuuLTtuKsbOP00ziwV”]\u201cAs far as we are concerned, every appropriate rule has been followed. The right thing has been done at all steps and we are moving forward to deal with the other challenges we have inherited as a government, and also to fulfill the campaign promises we made to the people of Ghana,\u201d Mr. \u00a0Oppong Nkrumah said.<\/p>\n He, however, said the petitioner, the Ashanti Regional Youth Organiser of the National Democratic Congress (NDC), Yaw Brogya Genfi, is only exercising a right he is entitled too \u201cand I think we will all expect CHRAJ to do its work and put out its findings.\u201d<\/p>\n \u201cHe has gone to CHRAJ asking it to answer. CHRAJ will do its work and answer, we will not turn the tables and seek to litigate or seek to provide those answers out here. He has gone to the appropriate forum so let the appropriate forum do its work,\u201d the minister said.<\/p>\n Yaw Brogya Genfi\u2019s petition follows concerns by the Minority over what they term as \u201cconflict of interest\u201d in the $2.25 bond issue, which the Government\u00a0has vehemently denied.<\/p>\n The Minority in its conflict of interest allegations, said a non-executive director on the board of Investment Firm, Franklin Templeton, who purchased 95 percent of the $2.25 billion bond, is also the Chairman of the Enterprise Group, which has links to the Attorney-General and the Finance Minister.<\/p>\n The Ministry of Finance, however, described the attacks on the $2.25 billion bond issued as baseless.<\/p>\n Brogya Genfi demands answers<\/strong><\/p>\n