Mr Peter Ala Adjetey, Speaker of Parliament, on Thursday denied ever telling any Journalist that the Late Nigerian ruler General Sonny Abacha kept part of his alleged loot in Ghana.

"The statement attributed to me is totally false. It would have been stupid and naive on my part as an experienced and matured lawyer to say so"

Mr Adjetey had met with the Parliamentary Press Corps to complain about the publication, which was originally published by the Daily Trust, a Nigerian newspaper, and carried (first by ghanaweb.com) and eventually by at least two Ghanaian newspapers namely, the Ghanaian Voice and the Network Herald.

The Ghanaian papers gave the story front page prominence.

Mr Adjetey said he had instructed his lawyers to write to the Daily Trust to retract the story and apologise otherwise he would "take the next step"

He advised all media houses who carried the story to retract and apologise or wait for their doom.

The Speaker said between November 28 and 30 he attended a conference of the Africa Bar Association (ABA) in Abuja, Nigeria where he granted an interview to a Journalist on the activities of the Association and the work of Parliament in Ghana.

He said at a point, the journalist asked him if he knew of any transfer of money from Nigeria to Ghana during the Abacha regime.

The Speaker said he told the reporter that,"as far as I am concerned there is no prove to that allegation and that Parliament of Ghana can not do anything about it."

He said: "I stand for the whole house so if anything is done to embarrass the house I need to think seriously..."

The late General Abacha was alleged to have stashed to foreign banks billion of dollars when he was in power.