summoned<\/strong><\/a><\/span> the Finance Minister to provide detailed information on the recent 2.25 billion dollar bond issued by Government following a half hour motion filed by the Minority in Parliament.<\/p>\nConcerns have been raised especially by the Minority about the transparency of the $2.25 billion domestic bond government issued, with some noting that the apparent secrecy over the deal fueled the allegations of conflict of interest against the Finance Minister, Ken Ofori Atta.<\/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 Minority eventually called for a full-scale parliamentary probe into the bond issue.<\/p>\n
I don\u2019t have details on bond<\/strong><\/p>\nThe Attorney General, Gloria Akuffo, who was petitioned by Private Legal Practitioner, Victor Adawudu to furnish him with details on the bond which was issued in April, said she did not have the needed information.<\/p>\n
She indicated that, details on the said bond the Lawyer is seeking to retrieve, are unavailable to her.<\/p>\n
–<\/p>\n
By: Delali Adogla Bessa & Duke Mensah Opoku\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Finance Minister, Ken Ofori-Atta, has told Parliament that the recent 2.25 billion dollar bond is devoid of infractions and improper procedure. According to him, the accusations by the minority may be due to a genuine lack of understanding of the processes of bond issuance by the Minority. The Minister\u2019s statement is in response to a […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,10,11],"tags":[6357,3803,3,2254,533],"yoast_head":"\n
$2.25bn bond was very transparent - Ken Ofori-Atta - Citi 97.3 FM - Relevant Radio. Always<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n