Namibian media boss visits Ghana’s Windhoek Mission

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• PRINCE KWASI ADADE (OFIE P33) 10 years ago

  SOURCE: GHANA MUST KNOW FORUM----------- ***Ladies and gentlemen of the media, with your pens and the help of a calculator, lets us all do these simple mathematics. This mathematics which can even be done by a BECE candidate ...
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  SOURCE: GHANA MUST KNOW FORUM----------- ***Ladies and gentlemen of the media, with your pens and the help of a calculator, lets us all do these simple mathematics. This mathematics which can even be done by a BECE candidate who cannot write his final exams without questions leaks, and could not be done by President Mahama nor Seth Terkper as they want us to believe, will reveal to us how deliberately corrupt and financially reckless they are as far as the management of our economy is concerned.  The Eurobond attracts an interest of 10.75% to be paid by the government of Ghana, $250m out of it is illegally deposited in UBA, a private bank. The bank, which is UBA in turn, decides to buy GHS 950 million of government Treasury bills at a rate of 24% (using the 1-year note); the bank would have made a hefty GHS 233 (USD 61) million profit in nominal terms just by loaning this same money to the government.  Friends in the media, if this is not a 419 scam visited on unsuspecting Ghanaians by President Mahama, then what else is it? – Meanwhile, this is a President who is walking freely on the streets of London shamelessly mocking Ghanaians that he has never taken bribe, my goodness!!!  Note therefore, that Government is paying 10.75% 24% which is 34.75% interest on the money he borrowed from the capital market. Government is paying 24% interest on his own money to a private firm. Is this sheer wickedness, foolishness, witchcraft or what?  We cannot help, but agree with Nana Konadu Agyeman Rawlings when she posited few days ago and I quote, “If you borrow money at a high interest rate to lend it to another at a low interest rate then borrow your own money back from them at a high interest rate, you are either not wise, a thief or both. No wonder their campaign message of “vote for us so they don’t jail us, it’s time to save Ghana from this criminality”. For the GHANA MUST KNOW forum, we believe they are both – unwise and thieves, and more so 419 scammers

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• Jones 10 years ago

  Opposition parties in parliament must sue immediately. This is not about a party but rather a fraud.

  Opposition parties in parliament must sue immediately. This is not about a party but rather a fraud.

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• Yawson Benkom-Boston 10 years ago

  See all his appointments and the population of Ghana in terms of the ethnicity.

  See all his appointments and the population of Ghana in terms of the ethnicity.

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• Reki Regiment, 10 years ago

  that is normal but i hope it's a good visit to the nation,
  
  
  Reki Regiment,

  that is normal but i hope it's a good visit to the nation,
  
  
  Reki Regiment,

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• Don Dee 10 years ago

  his cabet is full of people from his village

  his cabet is full of people from his village

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