Bond saga: Minority to petition CHRAJ

Former Deputy Finance Minister Kweku Ricketts-Hagan has revealed that Minority MPs will petition the Commission on Human Rights and Administrative Justice (CHRAJ) if they do not get satisfactory answers on the bond saga.

“We will take it to parliament for investigation and if we don’t think we are getting a satisfactory answer we will take it to the right jurisdiction, which is CHRAJ,” he told Moro Awudu on Class FM’s Executive Breakfast Show on Monday April 24.

Ninety-five per cent of the $2.25 billion domestic bond issued by the Government of Ghana recently is indebted to a non-resident creditor, Franklin Templeton.

However, the Minority, led by former Deputy Finance Minister Cassiel Ato Forson, said Mr Trevor G. Trefgarne, a director at Franklin Templeton, is also a Director at Enterprise Group Limited, a company of which Ghana’s Finance Minister Mr Ofori-Atta is co-founder, thus raising issues of transparency, conflict of interest, non-approval by parliament, and suspicion.

Mr Ricketts-Hagan has reiterated calls by the Minority, adding that the bond is the riskiest issued by government.

For him, an investigation is needed in order to put the matter to rest.

Source: GhanaWeb

You may like

Taxi Driver Remanded After Police Seize 120 Slabs of Suspected Narcotics at Tetteh Quarshie

Trump and Musk trade insults as row erupts in public view

Judge threatens to remove Diddy from courtroom

Cowboy Beyoncé dazzles nearly sold-out stadium

COCOBOD CEO Paints Grim Picture as GH¢33bn Debt Engulfs Cocoa Regulator

Naana Jane Opoku-Agyemang Backs Law to Seize Unexplained Wealth

Public notice
WP Radio
WP Radio
OFFLINE LIVE