General News of Tuesday, 19 November 2002

Source: DeepThroat@Castle

IFC Meeting Flares Tempers

The hot-button issue of International Finance Consortium (IFC) $1 billion Loan raised tempers at a stormy, high-tension meeting at the State House, yesterday.

Credible information available to the Ghanaweb indicates, a lot of blame and accusations were traded between the senior minister, J H Mensah, the finance minister Hon. Yaw Osafo-Maafo and the Governor of the Bank of Ghana, Paul Acquah. Other senior government officials were present.

Voices were raised, tempers flared and escalated to boiling point, and hurtful words are exchanged. The main aim of the meeting was to clarify the next step of the government, since it’s now almost certain that the loan will remain a dream.

Meanwhile, Professor Eddie Ayensu, the man who brought the deal to the government, is keeping out of sight. He quietly sneaked out of the country and is keeping a very low profile.