Ofori Atta’s stakes in government bonds will be exposed by the NDC

A senior member of the National Democratic Congress (NDC) has announced that his party is preparing proof on the government’s borrowings and bonds issued in the last five years, as well as what percentages went to the Finance Minister alone.

On TV3’s New Day on Friday, April 1, Abraham Amaliba claimed Ken Ofori-Atta has no place to talk about “burden-sharing” because he benefits from the country’s overseas bond offerings.

Mr. Amaliba claims that when the government issues bonds, Mr. Ofori-Atta receives 1% of the proceeds but utilizes his Databank to front the transactions.

“They’re planning to issue a bond once more,” a member of the NDC legal team said.

“Ken Ofori-Ken Using his Databank transaction adviser, Atta will collect 1% as normal. We’re going to release a list of all the loans and how much has gone to him.”

Mr Amaliba suggested that the best method to “burden-share,” as the Finance Minister is fond of saying, “is to bring all the cash onto the table, then we split it amongst ourselves.”

“That’s when we’ll start sharing the weight.”

With the introduction of the Electronic Transfer Levy Bill and President Nana Addo Dankwa Akufo-hurry Addo’s to sign the bill into law despite a Supreme Court case, he accused the government of “stealing” from the people.

However, Palgrave Boakye Danquah, a Government Spokesperson on Governance and Security who was also on the show, defended President Akufo-move Addo’s on Thursday, claiming that the Bill is not under any injunction.
“After Parliament has adopted a measure, the President must give his approval to the bill.”

“Those who hold opposing views on the interpretation of the legislation will go to the Supreme Court,” he continued. The Minority’s case has only recently been filed, and no injunction has been issued.”