Audio By Carbonatix
Financial Systems Analyst, Kwaku Adoboli, has called for a law that limits campaign contribution by individuals as a method to halt capital supremacy in the country.
According to him, political parties, particularly the New Patriotic Party (NPP) and the National Democratic Congress (NDC) must work together to establish the election contribution thresholds.
Mr Adoboli explained that such a law must outline processes to make sure that those contributions are made transparent.
“If you don’t have a threshold that means money has more power than individual people. Each person has one vote but if the dollar has the power to accumulate more votes that means the money has more power and that is not fair.
“It gives capital supremacy over the people and over time as we’ve seen, the interest of capital sometimes goes against the interest of the nation,” he said on Tuesday.
Mr Adoboli who was contributing to the ongoing debt restructuring on Asaase Radio on Tuesday, believed the economy is in a mess due to the lack of rules governing the democratic system the country practices.
He indicated that the financing of campaigns makes incumbent government indebted to its financers, thereby prioritising their needs over that of the people.
“So in order to protect us from the cycle, the two parties have to come together and enact some campaign contribution limit laws and we need to make sure it is transparent. So we all know who is contributing to what because the playing field needs to be fair,” he noted.
Latest Stories
-
CICM backs BoG’s microfinance sector reform programme; New Year Debt Recovery School comes off January-February 2026
11 minutes -
GIPC Boss urges diaspora to invest remittances into productive ventures
17 minutes -
Cedi ends 2025 as 4th best performing currency in Africa
21 minutes -
Obaapa Fatimah Amoadu Foundation launches in Mankessim as 55 artisans graduate
1 hour -
Behold Thy Mother Foundation celebrates Christmas with aged mothers in Assin Manso
1 hour -
GHIMA reaffirms commitment to secured healthcare data
2 hours -
John Boadu pays courtesy call on former President Kufuor, seeks guidance on NPP revival
2 hours -
Emissions Levy had no impact on air pollution, research reveals
3 hours -
DSTV enhanced packages stay in force as subscriptions rise following price adjustments
3 hours -
Financial Stability Advisory Council holds final meeting for 2025
3 hours -
Education in Review: 2025 marks turning point as Mahama resets Ghana’s education sector
3 hours -
Nigeria AG orders fresh probe into alleged intimidation and assault of Sam Jonah’s River Park estate staff
3 hours -
Concerned Small Scale Miners commend GoldBod’s efforts in addressing gold smuggling
3 hours -
Haruna Mohammed claims Ghana Audit Service undermined
3 hours -
5 members of notorious robbery syndicate in Tema, Accra arrested
3 hours
