Audio By Carbonatix
The Public Accounts Committee (PAC) of Parliament says it will request a special audit of the redenomination exercise. The exercise cost the country over $66 million.
The chairman of the Committee, Hon. Samuel Sallas Mensah says the amount involved is on the high side and needs to be probed.
Mr. Sallas-Mensah is one of four Minority Members of Parliament who filed a motion in 2006 requesting the Governor of the Central Bank to disclose the cost of the redenomination exercise to the nation.
The Governor of the Central Bank, Dr Paul Acquah announced the cost at a news conference in Accra Tuesday sparking further debate on the matter.
Mr Sallas-Mensah tells Joy News the committee is interested in satisfying itself that the Bank of Ghana satisfied all financial regulations in carrying out the exercise.
According to Mr. Sallas-Mensah researches they have conducted in other countries show that the amount involved in the exercise in Ghana is on the high side.
He said one investigation showed that a country used $22 million dollars. He also raised questions bout the fact that the amount was not budgeted for this year, and therefore the Committee wants to know how the Bank got the funding for the exercise.
Listen to the attached audio for the interview with Hon. Sallas-Mensah by Joy News' Araba Koomson.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ghana’s problems solvable but not with square pegs in round holes
1 hour -
Gospel veteran Dr. Collins Nyantachie returns with soothing album ‘Obe Tumi Ay3’
1 hour -
Sissala West MP launches maiden teacher awards and scholarship scheme
2 hours -
Paramount chief appeals to gov’t to build new regional hospital in Jirapa
2 hours -
Jirapa MP donates bedsheets to St. Joseph Catholic Hospital amidst appeals to upgrade 70-year-old facility
3 hours -
Tamale Central MP: Better schooling key to bridging north-south divide
3 hours -
“An Incredible Ghanaian Enterprise”: Asantehene hails KGL Group at coronation ball
3 hours -
Mahama pledges 40 additional armoured vehicles to bolster police operations
4 hours -
One dead as gunmen attack passenger bus in bloody Walewale-Nasia highway ambush
5 hours -
[Video] Bawumia and Asiedu Nketia unite at SDA anniversary in Sunyani
5 hours -
IGP sounds alarm over police-to-citizen ratio as Lower Manya Krobo gets new HQ
6 hours -
Bringing back ‘By The Fireside’: Ohio University’s Emmanuel Mensah calls for digital entertainment education revival
6 hours -
Chief of Staff announces Presidential Delivery Unit to track government commitments
7 hours -
Barcelona move to within two points of La Liga title with Osasuna win
7 hours -
World Relays: We can’t afford to miss out again” — Amenakpor rallies Ghana after relay setback
7 hours