{"id":351032,"date":"2017-09-05T18:51:22","date_gmt":"2017-09-05T18:51:22","guid":{"rendered":"http:\/\/citifmonline.com\/?p=351032"},"modified":"2017-11-10T09:47:04","modified_gmt":"2017-11-10T09:47:04","slug":"i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/","title":{"rendered":"I did no wrong in GHc10.45m McDan loan – Ofori-Atta"},"content":{"rendered":"

The Finance Minister, Ken Ofori-Atta, has denied he contravened best practices in approving a credit facility<\/strong><\/a><\/span> of GHc10,459,500 from the Agricultural Development Bank (adb).<\/p>\n

His denial comes after accusations from the Minority in Parliament that he [Ken Ofori-Atta] usurped the authority and functions of the Bank and its Board of Directors in approving the facility.<\/p>\n

[contextly_sidebar id=”qL9sFtThvjF9Xo88GkbgRNZxL2fBzDsK”]The Minority Leader, Haruna Iddrisu, at a press conference in Parliament earlier today [Tuesday], said the Minister wrongfully granted the facility to McDan Shipping Company.<\/p>\n

While blaming President AKufo-Addo for failing to constitute the requisite governing boards, including that of adb, to oversee such transactions, it said Ken Ofori-Atta\u2019s action was to \u201creward the political cronies.\u201d<\/p>\n

\u201cThis is to enable the company [McDan] to undertake its business operations, and in particular, to execute a supply contract awarded by the Ghana Cocoa Board,\u201d Haruna Iddrisu stated.<\/p>\n

\u201cThe minister usurped the authority and functions of the Bank and its Board of Directors, which has curiously not been constituted so we are concerned. So where are the board of directors of the major financial institutions of our country?,\u201d he added.<\/p>\n

But speaking briefly on the allegations to Citi News<\/strong>, Ken Ofori Atta said it was within the purview of the credit committee of the bank to consider\u00a0his actions right or wrong.<\/p>\n

He however said he was certain that he did the right thing.<\/p>\n

–<\/p>\n

By: Jonas Nyabor\/citifmonline.com\/Ghana<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Finance Minister, Ken Ofori-Atta, has denied he contravened best practices in approving a credit facility of GHc10,459,500 from the Agricultural Development Bank (adb). His denial comes after accusations from the Minority in Parliament that he [Ken Ofori-Atta] usurped the authority and functions of the Bank and its Board of Directors in approving the facility. […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[121,32,10,11],"tags":[3803,3,2254],"yoast_head":"\nI did no wrong in GHc10.45m McDan loan - Ofori-Atta - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"I did no wrong in GHc10.45m McDan loan - Ofori-Atta - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"The Finance Minister, Ken Ofori-Atta, has denied he contravened best practices in approving a credit facility of GHc10,459,500 from the Agricultural Development Bank (adb). His denial comes after accusations from the Minority in Parliament that he [Ken Ofori-Atta] usurped the authority and functions of the Bank and its Board of Directors in approving the facility. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-05T18:51:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-11-10T09:47:04+00:00\" \/>\n<meta name=\"author\" content=\"Kojo Akoto Boateng\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kojo Akoto Boateng\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/\",\"url\":\"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/\",\"name\":\"I did no wrong in GHc10.45m McDan loan - Ofori-Atta - Citi 97.3 FM - Relevant Radio. Always\",\"isPartOf\":{\"@id\":\"https:\/\/citifmonline.com\/#website\"},\"datePublished\":\"2017-09-05T18:51:22+00:00\",\"dateModified\":\"2017-11-10T09:47:04+00:00\",\"author\":{\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\"},\"breadcrumb\":{\"@id\":\"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/citifmonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"I did no wrong in GHc10.45m McDan loan – Ofori-Atta\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/citifmonline.com\/#website\",\"url\":\"https:\/\/citifmonline.com\/\",\"name\":\"Citi 97.3 FM - Relevant Radio. Always\",\"description\":\"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/citifmonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1\",\"name\":\"Kojo Akoto Boateng\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g\",\"caption\":\"Kojo Akoto Boateng\"},\"url\":\"https:\/\/citifmonline.com\/author\/kojo\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"I did no wrong in GHc10.45m McDan loan - Ofori-Atta - Citi 97.3 FM - Relevant Radio. Always","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/","og_locale":"en_US","og_type":"article","og_title":"I did no wrong in GHc10.45m McDan loan - Ofori-Atta - Citi 97.3 FM - Relevant Radio. Always","og_description":"The Finance Minister, Ken Ofori-Atta, has denied he contravened best practices in approving a credit facility of GHc10,459,500 from the Agricultural Development Bank (adb). His denial comes after accusations from the Minority in Parliament that he [Ken Ofori-Atta] usurped the authority and functions of the Bank and its Board of Directors in approving the facility. […]","og_url":"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/","og_site_name":"Citi 97.3 FM - Relevant Radio. Always","article_publisher":"https:\/\/www.facebook.com\/citi97.3","article_published_time":"2017-09-05T18:51:22+00:00","article_modified_time":"2017-11-10T09:47:04+00:00","author":"Kojo Akoto Boateng","twitter_card":"summary_large_image","twitter_creator":"@citi973","twitter_site":"@citi973","twitter_misc":{"Written by":"Kojo Akoto Boateng","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/","url":"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/","name":"I did no wrong in GHc10.45m McDan loan - Ofori-Atta - Citi 97.3 FM - Relevant Radio. Always","isPartOf":{"@id":"https:\/\/citifmonline.com\/#website"},"datePublished":"2017-09-05T18:51:22+00:00","dateModified":"2017-11-10T09:47:04+00:00","author":{"@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1"},"breadcrumb":{"@id":"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/citifmonline.com\/2017\/09\/i-did-no-wrong-in-ghc10-45m-mcdan-loan-ofori-atta\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/citifmonline.com\/"},{"@type":"ListItem","position":2,"name":"I did no wrong in GHc10.45m McDan loan – Ofori-Atta"}]},{"@type":"WebSite","@id":"https:\/\/citifmonline.com\/#website","url":"https:\/\/citifmonline.com\/","name":"Citi 97.3 FM - Relevant Radio. Always","description":"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/citifmonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/1642ef473fe39bf0c4e2f2f252678eb1","name":"Kojo Akoto Boateng","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ba51f5385119e83762c67ecd6aa410ab?s=96&d=mm&r=g","caption":"Kojo Akoto Boateng"},"url":"https:\/\/citifmonline.com\/author\/kojo\/"}]}},"_links":{"self":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/351032"}],"collection":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/comments?post=351032"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/351032\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media?parent=351032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/categories?post=351032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/tags?post=351032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}