Ken Ofori-Ata has caused GHC5bn financial loss to Ghana – NDC MPs

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W.H.O 8 years ago

He only talk about NDC because he fear nana addo will jail him if he talk about this

He only talk about NDC because he fear nana addo will jail him if he talk about this
Daavi 8 years ago

DON'T YOU KNOW THE CONSTITUTION ALREADY FAVORS ALL EX-PRESIDENTS, GHANAIANS ARE STUPID THEY NEED TO AMEND THE CONSTITUTION, TOOO OLD

DON'T YOU KNOW THE CONSTITUTION ALREADY FAVORS ALL EX-PRESIDENTS, GHANAIANS ARE STUPID THEY NEED TO AMEND THE CONSTITUTION, TOOO OLD
MOONSHINE 8 years ago

Not a single NDC politician understands the process of writing bonds. Illiterates as they are, notorious NDC thieves must keep quiet. If you NDC had done this, you would have shared the money into your stinky pockets. No Ghan ...
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Not a single NDC politician understands the process of writing bonds. Illiterates as they are, notorious NDC thieves must keep quiet. If you NDC had done this, you would have shared the money into your stinky pockets. No Ghanaian trusts you NDC thieves and looters. You better keep quiet.
Akwasi 8 years ago

Was this man sleeping when the finance minister came to parliament?He should have these questions

Was this man sleeping when the finance minister came to parliament?He should have these questions
Kwaku Adjei 8 years ago

Akwasi did you read the story well, the man was in Parliament when he said it. Ghana Web is quoting what he said on the floor

Akwasi did you read the story well, the man was in Parliament when he said it. Ghana Web is quoting what he said on the floor
Skippy 8 years ago

But he put these facts out on the floor of parliament when the finance minister was there.

But he put these facts out on the floor of parliament when the finance minister was there.
rkt 8 years ago

i understand u to be saying Casiel should have asked that question in parliament. i agree to that but does it make a difference even if he failed to do that? u and i should be interested in the truthfulness of what we are bei ...
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i understand u to be saying Casiel should have asked that question in parliament. i agree to that but does it make a difference even if he failed to do that? u and i should be interested in the truthfulness of what we are being told, not half truths! having said that, i must add that, the parliamentarian addressed his question to "mr speaker" and methinks it could only have been in parliament! tread cautiously so u don't accuse another of being hard of hearing when u don't hear ur question answered....., cos the problem might be u!
Nima boy 8 years ago

As if any of our politicians care about the nation. Suck your self

As if any of our politicians care about the nation. Suck your self
Lynda 8 years ago

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fire 8 years ago

Stupid NDC put Ghana First
Where is this State Prosecutor kraa.
NDC nie Gyimii Nie

Stupid NDC put Ghana First
Where is this State Prosecutor kraa.
NDC nie Gyimii Nie

the one 8 years ago

y is ur mind in terms of NDC NPp.. don't you want the good of Ghana.. so they can rule anyhow because the are NPP... why are Africans like dat... we can't think straight we are either blinded by religion,culture or politics. ...
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y is ur mind in terms of NDC NPp.. don't you want the good of Ghana.. so they can rule anyhow because the are NPP... why are Africans like dat... we can't think straight we are either blinded by religion,culture or politics... wow...
kwabee 8 years ago

Listen to dat thief, money were sent to ur house at east legon in voltic boxes like water. Aboaa

Listen to dat thief, money were sent to ur house at east legon in voltic boxes like water. Aboaa
Adwoa Ataa 8 years ago

Will the 16.35% he used to do his calculations be stable throughout the next 15 years? Ghanaians beware of politicians. If it changes they will come up with different stories.

Will the 16.35% he used to do his calculations be stable throughout the next 15 years? Ghanaians beware of politicians. If it changes they will come up with different stories.
rkt 8 years ago

truth is that once a bond has been issued its terms cannot be varied over its life! however, granting that it could change, wouldn't the 19.75% be subject to change, too? we are better of reflecting soberly on all the issues ...
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truth is that once a bond has been issued its terms cannot be varied over its life! however, granting that it could change, wouldn't the 19.75% be subject to change, too? we are better of reflecting soberly on all the issues raised before opening our mouths, cos our leaders will leave Gh behind and it is the younger ones who will bear the brunt of their thievery etc! have u reflected over the fact that it is your (our) taxes (and that includes loans taken) that a government is charged to manage at any given time, and that when they steal from these monies at any given time and we don't condemn them and also demand that they be brought to book, we are selling our birth right for a mess of pottage? in fact, we would indirectly be saying that we don't know how to use the rewards of our sweat so these governments we appoint should use them as they please! are we that double unwise?
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Vinss 8 years ago

IF YOU WE PICKED AS VICE GORVNER ,DOES IT AUTOMATICALLY MAKE YOU AN ndc MEMBER?YOU ARE NO NEAR MR KEN OFORI ATTA IN INVESTMENT.HE THINKS BETTER GHANA THAN YOU AND TEKPER HAVE IT RIGHT IN YOUR BRAIN.

IF YOU WE PICKED AS VICE GORVNER ,DOES IT AUTOMATICALLY MAKE YOU AN ndc MEMBER?YOU ARE NO NEAR MR KEN OFORI ATTA IN INVESTMENT.HE THINKS BETTER GHANA THAN YOU AND TEKPER HAVE IT RIGHT IN YOUR BRAIN.
teacher 8 years ago

lf this crook called Akuffo Addo were to be my grandfather l would have poisoned him longtime

lf this crook called Akuffo Addo were to be my grandfather l would have poisoned him longtime
Kwame Donkor 8 years ago

This Ato Forson is trying to throw dust into our eyes by assuming that the coupon rate for the 91 -day treasury bill would be constant over the next 15 years. Is he really a seer? NDC is a total disgrace.

This Ato Forson is trying to throw dust into our eyes by assuming that the coupon rate for the 91 -day treasury bill would be constant over the next 15 years. Is he really a seer? NDC is a total disgrace.
Sulley 8 years ago

ndc are thieves

ndc are thieves
CICERO 8 years ago

But being a true citizen I will not give NPP a blank cheque.

If the difference between the relatively short term interest rate percentile and the long term percentile, as being demonstrated by Ato Forson, hold some germa ...
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But being a true citizen I will not give NPP a blank cheque.

If the difference between the relatively short term interest rate percentile and the long term percentile, as being demonstrated by Ato Forson, hold some germane reconsideration, then we need to bailout the political water and critically examine the transactions.

What must be done in my opinion is to call in the transaction book builders and allow an independent investigation to ensure transparency and also assess the financial cost of the transactions to Ghana.The progression and variation of interet rates though not a precise science can be guesstimated in an acceptable over a period of time.

No politician and for that matter, a minister be given "carte blanche" cheque, not even Akufo Addo

We the people must be vigilant and hold our leaders accountable particularly NPP members

Ritewing 8 years ago

The greatest tragedy to the Ghanaian, is the Ndc. This party created so much debt overhang within the last eight years. It so much suffocated them badly, they had to run to the IMF for relief. The tide changed at the polls in ...
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The greatest tragedy to the Ghanaian, is the Ndc. This party created so much debt overhang within the last eight years. It so much suffocated them badly, they had to run to the IMF for relief. The tide changed at the polls in December last year, when Ghanaians told the Ndc in the face, they have had enough of their incompetence at managing the economy. Ghanaians voted for an incorruptible leader and the NPP, to clean the mess and stupor the Ndc has created. Like a spoilt child, the Ndc is throwing tantrums at efforts being put in place. If the Ndc has the quality and depth in finance as they shamelessly want to address in public forums. Why did they run the country into so much debt within eight years, with two presidents in tow? They should just keep quite and learn from their betters.
CICERO 8 years ago

Conceded "Rightwing" all your outlined persuasions but I have lost faith particularly in Ghanaian politics when it concerns money.

Notwithstanding, the massive corruption and woeful incompetence of the NDC, it still behoo ...
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Conceded "Rightwing" all your outlined persuasions but I have lost faith particularly in Ghanaian politics when it concerns money.

Notwithstanding, the massive corruption and woeful incompetence of the NDC, it still behooves us, as vigilant citizens, not just supporters, to test all faith, not to allow politicians to take the nation for a ride albeit notwithstanding the political colour.

We need to follow the paper trail. Supposedly if Ken had initiated a transparent and ethically above board transaction, then there is worries allowing an independent investigation tor proof his integrity and exceptional acumen international finance. It would also be an enlightening learning curve for the nation to understand govt bonds and their impact on the economy as happened in 2012 when NPP went to the Supreme Court over the election
Fiifi boateng 8 years ago

kEN oFORI..aTA HAS CAUSED GHC5bn financial loss to Ghana NDC MPs

kEN oFORI..aTA HAS CAUSED GHC5bn financial loss to Ghana NDC MPs
2AR 8 years ago

You are taking too much time to get the NDC vomit your so call creat, loot and share.
NPP now in government and confused.

Substandard people. Shaaaaaaame

You are taking too much time to get the NDC vomit your so call creat, loot and share.
NPP now in government and confused.

Substandard people. Shaaaaaaame
OBOADIE 8 years ago

What is NPP and Bawumia defending? I thought they will never borrow when they stated that Ghana has a lot of cash. I want to challenge them to stop the excessive borrowing in our name to share. Over $6 billion borrowed under ...
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What is NPP and Bawumia defending? I thought they will never borrow when they stated that Ghana has a lot of cash. I want to challenge them to stop the excessive borrowing in our name to share. Over $6 billion borrowed under six months. Just look at that.
BAFFOE USA 8 years ago

DID THESE MPS REALLY UNDERSTAND EVEN THE BASIC ECONOMICS? I THINK THESE NDC MAMBERS SHOULD GO BACK TO SCHOOL TO LEARN THE BASICS OF ECONOMICS INCLUDING THE FORMER FINANCE MINISTER. NO DOUBT NDC WAS VOTED OUT OF POWER.

DID THESE MPS REALLY UNDERSTAND EVEN THE BASIC ECONOMICS? I THINK THESE NDC MAMBERS SHOULD GO BACK TO SCHOOL TO LEARN THE BASICS OF ECONOMICS INCLUDING THE FORMER FINANCE MINISTER. NO DOUBT NDC WAS VOTED OUT OF POWER.
Mr Bond 8 years ago

These NDC fools should tell us what they did to all the bonds they sell to mature our debts.These fools and hypocrites may talk and burn in hell we don't care of their ignorant nonsense.

These NDC fools should tell us what they did to all the bonds they sell to mature our debts.These fools and hypocrites may talk and burn in hell we don't care of their ignorant nonsense.
Amega 8 years ago

Ato Forson just go to the minister for finance and he will show you his calculations. You may be wrong after all!

Ato Forson just go to the minister for finance and he will show you his calculations. You may be wrong after all!
Akosua 8 years ago

The loss is big ooo. Npp the loss is several times Woyome amount. Eii NPP. And JJ won't even mention this huge loss. JJ is NDP.

The loss is big ooo. Npp the loss is several times Woyome amount. Eii NPP. And JJ won't even mention this huge loss. JJ is NDP.
bright 8 years ago

Stop your nonsense comments ndc

Stop your nonsense comments ndc

rkt 8 years ago

"Mr. Speaker, if he is switching, as at April 17, the 91 day has a coupon rate of 16.35% and the 182 day has a coupon rate of 16.7%. We are borrowing at 19.75% and we hear that we have made savings because of the switching. P ...
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"Mr. Speaker, if he is switching, as at April 17, the 91 day has a coupon rate of 16.35% and the 182 day has a coupon rate of 16.7%. We are borrowing at 19.75% and we hear that we have made savings because of the switching. Per my calculations, if you borrowed an amount of USb$2.25 at 19.75 and used it to switch a short term debt of 16.35%, you would cause the State GHs m330 losses per annum. If you multiply it by 15 years it gives GHs b4.95 as the total loss to the State! So, where is the savings coming from? ”he quizzed. Good work there Casiel. and what was the minister's response to this? insults upon insults so he can bluff his way through! u can be sure nadaa hasn't heard, nor has the minister in charge of procurement! i strongly suspect that our coffers are going to be looted like no man's business whilst all those who in the recent past made themselves the conscience of the nation sleep or lose their voices!

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Ken Ofori-Ata has caused GHC5bn financial loss to Ghana – NDC MPs

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