
Audio By Carbonatix
The much anticipated debate on the controversial deal on the sale of Ghana Telecom to Vodafone has failed once again to come on leading to a suspension of the deal.The suspension follows the failure of the Joint Committee on Finance Communication of Parliament to lay the report on the deal between the government and Vodafone before the House.The House which rose on Friday, July 18, 2008 for recess was expected to debate the bill on Thursday but it postponed the debate to Friday when the bill would have been ratified.But the sale has now been suspended indefinitely.The Majority Leader of Parliament, Mr. Abraham Osei Aidoo said members of the House needed some time to study the report and make informed debate on the deal.He said members of the House may be recalled during recess to consider the bill and other important bills.He rejected suggestions that the government bowed to pressure.According to him, if the report had been laid early enough to enable members study it, the bill would have been passed.He said the suspension will allow adequate time to study the report and make useful contributions to ensure that the deal is well refined.Reacting to concerns that government had gained notoriety for pilling up bills and trying to push them through on the last day of sitting of a session, Mr. Aidoo said the practice was bad.He however stressed the need for the House to be well resourced in order to effectively deal with issues before the house.Government entered into a deal with Vodafone to offload its 70 per cent shares valued at $900 million.But the deal was vehemently opposed by opposition political parties and civil society organisations who saw it as unprofitable deal.They argued the sale of GT to a foreign company amounted to a demonstration a lack of confidence in the Ghanaian.Alhaji Asuman Banda a business magnate detests the very idea of the sale."it is better to mismanage ourselves than to allow somebody to manage us",he said.But government argued the sale was necessary to save the company which it said was in debt.Story by Malik Abass Daabu
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
-
Mustapha Abdul-Hamid declares bid for NPP National Vice Chairman
12 minutes -
NRSA boss defends planned closure of garages involved in illegal left-to-right steering conversions
17 minutes -
Invite more investors to explore Ghana’s oil and gas potentials – PIAC to gov’t
27 minutes -
Ghana, Egypt move to deepen cooperation in border security, counter-terrorism, cybersecurity
35 minutes -
Guggisberg Fiagbenu enters race for Central Tongu NPP Chairmanship in Volta region
49 minutes -
Today’s Front pages: Thursday, April 9, 2026
1 hour -
“Black Stars have what it takes to win the World Cup” – Sports Minister Kofi Adams
2 hours -
Bank of Ghana Governor to perform official tee-off at 3i Africa Invitational Tournament
2 hours -
Chamber of Bulk Oil Distributors urges caution amidst Special Prosecutor’s petroleum probe
2 hours -
NDC elections: Nat Tetteh eyes Eastern Regional Deputy Secretary position
2 hours -
Ablakwa highlights Ghana-France cooperation, praises Macron on reparatory justice
3 hours -
Protect people, not prices – Joe Jackson rejects fuel tax cuts and subsidies
3 hours -
Finance Ministry, BoG clarify false claims about Databank’s bond market specialist status
3 hours -
Lawyer petitions President to halt Terminal 2 refurbishment over value-for-money concerns
3 hours -
Sunyani Market traders urge government action amid surging ginger prices
3 hours