Audio By Carbonatix
The NPP government’s award of a revenue mobilization contract to I.T solutions provider, Bankswitch breached an Act of Parliament requiring Parliamentary approval for financial agreements, it has emerged.
Minister of State at the Finance Ministry Dr. Akoto Osei who signed the contract on behalf of government in 2007, told Joy FM Super Morning Show Tuesday the need for parliamentary approval “did not come up” during discussions with stakeholders at the time.
Article 181, Clause 5 of the 1992 constitution states:
(5) This article shall, with the necessary modifications by Parliament, apply to an international business or economic transaction to which the Government is a party as it applies to a loan.
The revelation is new fuel for controversy surrounding the cancellation of the contract which led to an award of a judgment debt in excess of 197 million cedis to Bankswitch.
The cancellation of the contract after a new government took over in 2009 is also another leg of the scandal. Two principal actors have claimed the cancellation of the contract was done against the express instruction of the late President Atta Mills.
More soon
Latest Stories
-
CSR must be measurable commitment, not a gesture of convenience – Ga Mantse tells mining companies
3 minutes -
Ga Mantse urges mining industry to protect communities beyond the life of mines
18 minutes -
Empowerher in Upper West region
39 minutes -
Ga Mantse challenges mining stakeholders to consider long-term impact of Ghana’s mineral wealth
48 minutes -
Afenyo-Markin accuses GoldBod of mismanaging Ghana’s gold resources
48 minutes -
Non-interest banking products must meet required standards – BoG Governor to NIFAC
49 minutes -
Social licence to mine can be withdrawn – Ga Mantse warns mining companies
50 minutes -
X1 Energy Drink Division One Super Cup: Attram De Visser secure third place after late own goal
50 minutes -
‘A mine may close, but the community must not’ – Ga Mantse calls for sustainable mining
53 minutes -
UG Pro VC calls for an integrated risk management approach to tackle Ghana’s perennial flooding
60 minutes -
Parents can buy additional NaCCA-approved textbooks for children – Deputy NaCCA boss
1 hour -
Youth must have a real voice in national issues beyond jobs, creative arts – EU
1 hour -
AGTC: How women-led initiative is turning golf into jobs and tourism opportunities
1 hour -
Exporters call for single-digit interest rates to boost Ghana’s horticulture sector
1 hour -
Young political leaders must look beyond party lines to strengthen Ghana’s democracy – EU
1 hour