Bond saga: Ofori-Atta’s explanations unsatisfactory – Minority

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CHE 6 years ago

Even if the sale of the bonds were sub contracted to book makers, we need to know whether the public were informed through different media like the newspapers, radio, TV and online. How long did they announce the issuance of ...
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Even if the sale of the bonds were sub contracted to book makers, we need to know whether the public were informed through different media like the newspapers, radio, TV and online. How long did they announce the issuance of the bond in the media? It is ethically wrong to have one person or institution buy 95% of a bond that has a very high interest coupon. I believe if the bank of Ghana were to seriously inform GhANAIANS IN THE DIASPORA in big cities like New York,London, Toronto, Hamburg, Sydney, etc. these diaspora Ghanaians would have bought the bonds too. IN that case the interest coupons will be helping build mother Ghana because the diaspora Ghanaians end up sending huge remittances home and end up investing in the Ghanaian economy. When TEMPLETON gets the coupon interest, it amounts to capital flight because the money is wired to the US. When will we Africans learn to develop and stop being exploited by the white man? The state of Israel has fashioned out an ingenious way of making diaspora Jews help build Israel, by selling bonds to diaspora Jews in a widely publicised marketing strategy in all world capitals. The argument being made by Ken Ofori-Atta that the hitherto secretive method of bond issuance by the kleptocratic governments in the past is the same process he used is very disingenuous - why call a previous regime corrupt and come to repeat the same mistakes they made? Where is the corrective sense of probity, development, and accountability of the NPP ? How about the accusation that there is a seeming conflict of interest between Ken Ofori-Atta's position as Finance minister and his business interests? WHAT ETHICAL CODES OF CONDUCT ARE IN PLACE TO AVERT INSIDER INFORMATION AND TRADING IN THE BIDDING PROCESS? Insanity is defined as doing the same wrong things over and over again and expecting different stellar results
PRINCE KWASI ADADE (OFIE P33) 6 years ago

NDC MUST GO BACK TO COLLEGE AND COME AGAIN!! ----- THIS IS NOT THE NDC JJ RAWLINGS FORMED !!! NDC WILL TELL YOU FREE SHS AND 1 DIST. 1 FACTORY IS IMPOSSIBLE BUT THEY CAN ORDER CARS AT THE COST OF 10 MILLION DOLLARS!!! THEY ...
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NDC MUST GO BACK TO COLLEGE AND COME AGAIN!! ----- THIS IS NOT THE NDC JJ RAWLINGS FORMED !!! NDC WILL TELL YOU FREE SHS AND 1 DIST. 1 FACTORY IS IMPOSSIBLE BUT THEY CAN ORDER CARS AT THE COST OF 10 MILLION DOLLARS!!! THEY CAN BUILD A 14 MILLION DOLLAR VICE PRESIDENTIAL HOME HERE IN GHANA!! NOT FORGETTING THE 20 MILLION DOLLAR PARTY HQ !!!! ----- *** ---NPP IS TAKING OVER POWER ON THE 7TH OF JANUARY AND THEY ARE ASKING YOU TO ORDER 43 CARS FOR THEM ON 3RD JANUARY?? WHO ARE YOU ??? -- -- THE 200 CARS YOU SHARED AMONG YOURSELVES WERE NOT ENOUGH SO YOU ORDERED ADDITIONAL 43. THIEVES!! CREATE, LOOT AND SHARE NATION WRECKERS!!!!
JMK 6 years ago

Informing!

Informing!
Dr. Mensah-Bonsu, arckotoko@gmail.com 6 years ago

Dear CHE: Thank you so much for your short analysis. I entreat you to send same to parliament and to all the news outlets so that it becomes public. I do not think ghanaweb will forward it to anyone in "authority." There are ...
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Dear CHE: Thank you so much for your short analysis. I entreat you to send same to parliament and to all the news outlets so that it becomes public. I do not think ghanaweb will forward it to anyone in "authority." There are a number of questions, (your's and Mr. Forson's of the Minority) which I believe, have not been answered but need to be answered. Is Mr. Ofori-Atta synonymous with the Ministry of Finance (as shown in the published explanations). When was Templeton informed of the 'offer' and when was the 'offer' announced (if at all) to Ghanaians, at home and in the Diaspora? Templeton must have known of the deal long before anyone else before he could engage the services sub-contractors and bookmakers? I think our endowed leaders should know that the times 'villagers' like me 'swallowed' anything they told us have passed. Mr. Ofori-Atta in his deliberations, tried to show that his knowledge of financial administration is superior to that of the Minority. Fair enough, but then he should be able to answer simple questions.
Dr. Mensah-Bonsu 6 years ago

(services of sub-contractors)

(services of sub-contractors)
Frank Agyena-Karikari 6 years ago

Just asking. Was it a conflict for Mahama to to sole source juicy contracts to his brother and use state's heavy equipment to execute the job? Nobody hears of Mahama's brother anymore. No position is permanent

Just asking. Was it a conflict for Mahama to to sole source juicy contracts to his brother and use state's heavy equipment to execute the job? Nobody hears of Mahama's brother anymore. No position is permanent
Dr. Mensah-Bonsu, arckotoko@gmail.com 6 years ago

YES - if is proven that President Mahama sole sourced contracts to his brother, then both of them should be prosecuted. I am only interested in Ghana and in the future of our children, not in any one political party - I have ...
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YES - if is proven that President Mahama sole sourced contracts to his brother, then both of them should be prosecuted. I am only interested in Ghana and in the future of our children, not in any one political party - I have nothing against the Finance Minister, but if what he did was a mistake, it should be corrected.
ALBERTO 6 years ago

Wo besu ara awu.

Wo besu ara awu.
Hmm 6 years ago

Does it mean the NDC have been dealing with Ken Ofori Attah's company for the past 8 years? Please let us move and stop this petty politicking.

Does it mean the NDC have been dealing with Ken Ofori Attah's company for the past 8 years? Please let us move and stop this petty politicking.
King 6 years ago

Even NDc previously dealt before, the standard of measuring it will chance, given that the financial minister has relationship with one of staff.

Even NDc previously dealt before, the standard of measuring it will chance, given that the financial minister has relationship with one of staff.
Kojo VI 6 years ago

Waoooo you call this politicking, what is the difference when the bond will be sold back to Ghana with Gifty intrest rate ?
Who's Pocket those that interest goes to? You think the USA financial investigative body is a Ghana ...
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Waoooo you call this politicking, what is the difference when the bond will be sold back to Ghana with Gifty intrest rate ?
Who's Pocket those that interest goes to? You think the USA financial investigative body is a Ghanaian institution?
Just be watching the space and be reading financial times, the suspicion and how bad the foreign media thinks about the deal stinks of wrong doing .
Adoley 6 years ago

Stop the fooling n let move on

Stop the fooling n let move on
Yaw Boateng 6 years ago

Go to Hell

Go to Hell
JMK 6 years ago

When it comes to the turn of NPP, the chorus is "let's move on " "it's ok" but with the NDC, CORRUPTION, "KATAFWEFYE NE PRO YE"! Hahaha! THE SAME GHANA o! Till when? Hmmmm!

When it comes to the turn of NPP, the chorus is "let's move on " "it's ok" but with the NDC, CORRUPTION, "KATAFWEFYE NE PRO YE"! Hahaha! THE SAME GHANA o! Till when? Hmmmm!
Kwame 6 years ago

NDC should go, read and learn before they make further accusations. The minority embarrassed itself in parliament today as it became clear that they were grossly ignorant of the issues.

They were made to know for the first ...
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NDC should go, read and learn before they make further accusations. The minority embarrassed itself in parliament today as it became clear that they were grossly ignorant of the issues.

They were made to know for the first time that Templeton, an investment bank is a financial institution and not a person (human being).

What an embarrassment?
Akua Mansa 6 years ago

The NDC lacks intelligent and critical thinkers

The NDC lacks intelligent and critical thinkers
ibu 6 years ago

Just like you and you mother kwseaba

Just like you and you mother kwseaba
Akua Mansa 6 years ago

Ibu or whatever you call yourself. An idiot and infantile specimen of mankind. How dare youb nsult me.
An imbecile and moronic human being like you dares insult me.
Stupid Asshole. Next time comment intelligently to issue ...
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Ibu or whatever you call yourself. An idiot and infantile specimen of mankind. How dare youb nsult me.
An imbecile and moronic human being like you dares insult me.
Stupid Asshole. Next time comment intelligently to issues without insults

Wo Maame twe . Aboafunu
ALBERTO 6 years ago

They are not getting it. Basic finance and economics 101, and they are in a wonderland. They wouldn't even listen when the finance minister was trying to use simple language to explain. They were rather engaged in unnecessary ...
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They are not getting it. Basic finance and economics 101, and they are in a wonderland. They wouldn't even listen when the finance minister was trying to use simple language to explain. They were rather engaged in unnecessary catcalls. If it were how to loot $20,000 from state coffers and stack it in a car boot for omotuo Sunday morning, they get it easily.
KOFI AGBLIMA KOKO 6 years ago

We should be careful.

We should be careful.
Kwame Kay 6 years ago

What is wrong with these knuckle headed ndc minorities in parliament. They are making the work of MP's look like ilitrate baboons. Anything raised on the parliament floor from the majority side will have to be negated by mino ...
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What is wrong with these knuckle headed ndc minorities in parliament. They are making the work of MP's look like ilitrate baboons. Anything raised on the parliament floor from the majority side will have to be negated by minority whether good or bad. I am very sick and tired of this minority ndc mp's. If you have nothing to discuss about in parliament I will advise you to stay home and get paid for free
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Asuoba 6 years ago

Your brains are dead., ndc mps.

Your brains are dead., ndc mps.
BJ 6 years ago

Ato if you are not satisfied its up to you. You can go burn the sea. Some one is trying to clean yuo poopooo you messed our economy with and you are all ove rthe place trying to distract him. When you were raising bonds that ...
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Ato if you are not satisfied its up to you. You can go burn the sea. Some one is trying to clean yuo poopooo you messed our economy with and you are all ove rthe place trying to distract him. When you were raising bonds that people refused to buy how transparent were you?
BJ 6 years ago

I HAVE A PROBLEM WITH IGNORANT PEOPLE CALLING KNOWLEDGEABLE PEOPLE ARROGANT JUST BECAUSE THEY SAY SOMETHING SHALLOW MINDS LIKE CHE CANNOT GRASP.

I HAVE A PROBLEM WITH IGNORANT PEOPLE CALLING KNOWLEDGEABLE PEOPLE ARROGANT JUST BECAUSE THEY SAY SOMETHING SHALLOW MINDS LIKE CHE CANNOT GRASP.
Paul 6 years ago

The finance minister was asked to provide documents and and not to give lectures. Those specific documents have not been provided yet. He's just beating about the bush. Now it's clear he's hiding something and that amounts to ...
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The finance minister was asked to provide documents and and not to give lectures. Those specific documents have not been provided yet. He's just beating about the bush. Now it's clear he's hiding something and that amounts to corruption. The minority and Ghanaians in general must push for full disclosure. The Minister is a liar and all liars are thieves and vice versa.
Joseph boateng 6 years ago

ndc mp"s should know that the of propoganda are gone.so they should brace themselves for meaningful opposition, otherwise they wii be in the same boat like the cpp.

ndc mp"s should know that the of propoganda are gone.so they should brace themselves for meaningful opposition, otherwise they wii be in the same boat like the cpp.
ALBERTO 6 years ago

Crazy Paul. What will documents do to you if you can not shut up and sit quietly to listen and understand a simple explanation of how your mess was cleaned ? Realize that the bond was raised to consolidate your mess at econom ...
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Crazy Paul. What will documents do to you if you can not shut up and sit quietly to listen and understand a simple explanation of how your mess was cleaned ? Realize that the bond was raised to consolidate your mess at economic cost to the nation. Besides, the finance minister was appointed to fix a broken Ghana and has no time to waste on dirty idiots on the other side of parliament who has no knowledge of basic economics and finance. Instead for them, to shut up and listen to reason, they were rather engaged in unnecessary catcalls to distract discerning listeners while the finance minister went on with his explanation. It is over. They are now awake from slumber. If you guys are still not getting it go burn the sea or prepare to enroll in the free SHS.
Ablakwa 6 years ago

The explanation isn't unconvincing. The minority just don't understand simple English. A bunch of incompetent NDC babies with sharp teeth...

The explanation isn't unconvincing. The minority just don't understand simple English. A bunch of incompetent NDC babies with sharp teeth...
walter 6 years ago

Shame on you NDC

Shame on you NDC
ALBERTO 6 years ago

Instead for the NDC to listen to this basic economics and finance 101 lecture, they were bu silly engaged in unnecessary catcalls while the learned finance minister proceeded with his impeccable explanation. Now it is over an ...
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Instead for the NDC to listen to this basic economics and finance 101 lecture, they were bu silly engaged in unnecessary catcalls while the learned finance minister proceeded with his impeccable explanation. Now it is over and you say explanation unsatisfactory? Go burn the sea.
Tweaa dc. 6 years ago

ATO FORSON OR WHOEVER CAN GO BURN THE SEA.....THE BOND HAS BEEN ISSUED...IT IS ISSUED..AND IT IS ISSUED....YOU CAN CRY BLOOD.

ATO FORSON OR WHOEVER CAN GO BURN THE SEA.....THE BOND HAS BEEN ISSUED...IT IS ISSUED..AND IT IS ISSUED....YOU CAN CRY BLOOD.
Nana Asenso 6 years ago

They were given all the documents except the documents on the participants. With this the minority can go to hell. As a layman, I have understood that they are not always revealed.

They were given all the documents except the documents on the participants. With this the minority can go to hell. As a layman, I have understood that they are not always revealed.
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Bond saga: Ofori-Atta’s explanations unsatisfactory – Minority

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