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Reject Ofori-Atta’s appointment as Finance Minister – DYMOG to Speaker

The petition also noted that Mr Ofori-Atta was found by CHRAJ “to have superintended the issuance of 95% of government of Ghana sovereign bonds to a company

A pressure group, Dynamic Youth Movement of Ghana (DYMOG), wants Speaker of Parliament, Rt. Hon. Alban Bagbin reject the appointment of Mr. Ken Ofori Atta as the Minister-designate of Finance, pending vetting.

In a written petition to the Speaker signed by the Executive Convener of the group, Edward Tuttor, on 6 February 2021, DYMOG said Ofori Atta cannot be trusted again with the Minister of Finance position.

It explained;“Mr. Ken Ofori-Atta, while being the Minister responsible for finance in the preceding Government, was found by the Commission on Human Rights and Administrative Justice (CHRAJ) to have occupied a private office of emolument, being the office of a director in Ventures and Acquisition Limited (a private company)”.

The petition said the designate Minister of Finance occupied the private office “without the due permission of the then-Right Honourable Speaker of Parliament”.

Among other things, the petition also mentioned that Ofori-Atta was found by CHRAJ “to have superintended the issuance of 95% of government of Ghana sovereign bonds to a company (Franklin Templeton Investment Ltd)in which his business and close relation by name Trevor Trefgarne was a director, without making the said bond transaction open to the investor-public for competitive bidding”.

DYMOG stated categorically that Ofori Atta committed a crime by his failure and refusal to declare his “shareholding in Data Bank Financial Services Limited, Data Bank Brokerage Limited, and Data Bank Financial Holdings Limited, to the Auditor-General before taking office” in the immediate past government” and that is contrary to Article 286(1)(a) of the 1992 Constitution.

Hence, the group wants the Speaker of Parliament to reject Ofori-Atta as the Minister-designate of Finance.

Read full petition below:

By: Bernard Ralph Adams

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