Audio By Carbonatix
The Tamale North Constituency MP says government must come out with answers to salient questions regarding the Agyapa Minerals Royalties deal.
Alhassan Suhuyini said citizens have demanded answers to critical questions on the deal yet government has failed to provide answers to these questions.
He also said Minority in Parliament has "requested for incorporation documents, raised questions on the projected cash flow and returns of investment on the deal, the prospectus that formed the basis of the ownership of companies involved in the deal."
But the MP said answers to all these questions have still not been provided.
The Agyapa Royalties deal is still battling opposition from the Minority and Civil Society groups.
After Parliament approved the deal, these parties have demanded the suspension of the deal as they say processes involved lack transparency.
At a press briefing held in Accra Tuesday, the CSOs alleged that although efforts are being made to justify the deal by the current government, numerous concerns are yet to be addressed.
Speaking on the Super Morning Show, Mr. Suhuyini also insisted there are still questions about the deal that needs answers, however, government has decided to be economical with the answers to these questions.
This, he adds raises questions about the credibility of the deal.
"We asked a very fundamental question in relation to the guarantee; so to speak, if gold prices do not change, how much will we get as far as Mineral Royalties is concerned, and the gamble that we are going to put that money into.
"This is why the projected cash flows and returns on investments was a requisite document that should have guided this transaction," he said.
And this is why "many well-meaning Ghanaians are calling for the right things to be done. Let the deal be suspended so that we can get back to the drawing board and get all the answers fro the questions that are being raised addressed."
Latest Stories
-
Rhode Island assures Black Stars hospitality throughout FIFA World Cup campaign
1 minute -
Africa must strengthen political advisory capacity to meet emerging security challenges – KAIPTC, Austrian officials say
3 minutes -
France star Mbappe vows to increase defensive work
10 minutes -
Finance Minister opens 7th Steering Committee Meeting of Côte d’Ivoire-Ghana Cocoa Initiative in Abidjan
13 minutes -
MMDAs to receive over 80% of Common Fund directly — Chief of Staff
16 minutes -
Kuami Eugene’s ‘Sweet Boy’: A dose of heartbreak, highlife and hitmaker energy
16 minutes -
Finance Minister opens 7th Steering Committee Meeting of Côte d’Ivoire-Ghana Cocoa Initiative in Abidjan
18 minutes -
Thailand eyes investment in Ghana’s palm oil sector
19 minutes -
Bosoma’s ‘Time’ No. 4 on Ghana’s Top Trending Songs Chart
23 minutes -
Iran soccer team arrives in US for World Cup opener as two nations reach peace dealÂ
23 minutes -
Peace and Love hospital staff trained to use weather forecasts in healthcare planning
26 minutes -
State must lead investment in agricultural infrastructure to boost food security – Kojo Akoto Boateng
27 minutes -
Delay in fertiliser subsidies ruining crops and incomes this planting season – PFAG
29 minutes -
KAIPTC, Austria launch 9th Political Advisors course to strengthen African peace operations
30 minutes -
Real Madrid announce ÂŁ51.8m deal for Chelsea’s Cucurella
30 minutes