General News of 2014-06-04

Rawlings: NDC committed sacrilege by eating off Kufuor's table

Former President Jerry Rawlings has accused the governing National Democratic Congress (NDC) of sacrilege, for failing to hold his successor responsible for the heightened corruption which has brought the economy to its knees.

According to the former military cum civilian leader, Mr. John Agyekum Kufuor is liable for "setting in motion the moral and economic crisis that the nation is experiencing today".

"The sacrilege we committed was that the NDC abandoned the altar of its high moral standing, abandoned the altar of service to God and man, and some decided to eat off the table that Kufuor left behind," Mr. Rawlings said in a statement he issued to mark the 35th anniversary of the June 4 uprising.

"...and I will say it again today. The investigation that Mills should have initiated never took place. But today, let me give one very visible and concrete example of Kufuor’s mismanagement that we are all feeling the effects of.

"When Kufuor’s government removed four noughts from the cedi, he overnight abolished the people’s economy. He abolished the people’s economy because he abolished the means to exchange goods below the value of 1,000 old cedis."

He said the decision by the Kufuor administration to devalue the local currency culminated in "forcing everyone to live above a dollar a day, which is the global measure of poverty".

"Overnight 10,000 cedis became one cedi or the equivalent of one dollar and 1,000 cedis, which was good money in 2000, became one pesewa, and was no longer considered to have any value," he claimed.