More revelations are emerging with regards to how the immediate past administration misused the country's finances, reports the Independent.

The latest revelation, according to the paper, was made on the floor of Parliament last Thursday by the Member of Parliament for Old Tafo Suame, Hon. Osei Kyei Mensah -Bonsu.

A stunned minority group who before the Honourable's intervention were at their heckling best, momentarily went dead silent. Hon. Osei Kyei Mensah-Bonsu who intervened Hon. Mike Hammah's contributions to the government's budget statement on a point or order, disclosed that the former NDC government had squandered an amount of 1.3 billion cedis meant for a Water Project in his constituency.

He disclosed that an amount of 400 million cedis allocated for the water project each year since 1998 has not been used for the project. According to the Tafo MP, his investigations have revealed that the money had been duly released although there are no traces of the commencement of the water project in his constituency.

According to Hon. Kyei Mensah-Bonsu the project, which was to span for three years was to provide water for the people of Pankrono through to Ehwia. He further disclosed that after the release of the 1.2 billion cedis for the project an additional 100 million cedis was added to take care of a booster station at Pankrono, yet nothing had been done.