Audio By Carbonatix
A former Attorney General under the Rawlings administration, Dr Obed Asamoah has joined calls for the controversial Agyapa Mineral Royalty deal to be dissolved.
In an interview with JoyNews' Benjamin Akakpo, Dr Asamoah noted that the transaction lacked transparency and “is one of the most obscene acts [in Ghana’s history].”
According to Dr Asamoah, the deal could rob the country millions of dollars if allowed to go through.
“The process, the people who were put on the board, the incentives that were given to people for the roles that they played and how the whole thing [Agyapa deal] was planned [is questionable].
"Looking at the economic aspect of it, we [Ghana] get $120 million yearly from the minerals. Now, by just putting it all that together and put it [invest] out there for so many years, then it would have been better of taking the $120 million every year," he stated.
After the Special Prosecutor Martin Amidu published the Corruption Risk Assessment report concluding that there was a reasonable suspicion of bid-rigging, opaqueness and corruption activity the deal, many have called for the termination of the deal.
Following that, President Akufo-Addo ordered the Finance Minister, Ken Ofori-Atta to return the deal to Parliament for review and further engagement.
Members of the opposition National Democratic Congress and some Civil Society Organisations, however, are of the view that a total cancellation of the Agyapa Royalties agreement is the best move going forward.
Latest Stories
-
ACFIF 2026: Ex-President Kufuor to deliver special address on Africa Cocoa Vision 2050
4 minutes -
4 individuals linked to PDS arrested over suspected ECG funds transfer — Kwakye Ofosu
9 minutes -
BECE: Five arrested over exam malpractice – WAEC
9 minutes -
Kofi Jumah reportedly hospitalised as GH¢55m bail conditions remain unmet
14 minutes -
‘Behind the Lens with Queen Liz’ explores concepts of heaven and jannah
23 minutes -
Quality Insurance marks 30 years with push for women-focused innovation, trust-building
28 minutes -
Ghana’s Ambassador to Libya commends CEO of Afro Arab Group
28 minutes -
Nkwanta crisis: Fresh gunfire sends residents fleeing; 26-year-old rider shot
28 minutes -
Two BECE candidates killed in motor crash in Upper West
29 minutes -
PSG, Manchester United lead race for FC Nordsjaelland star Prince Amoako Jnr
31 minutes -
Lawra MP urges BECE candidates to avoid malpractice, assures support
33 minutes -
Korle Bu laboratory scientists demand retraction from doctors over ‘false’ claims
50 minutes -
NHIA waives NHIS fees and waiting period under new ‘STORM’ initiative
53 minutes -
GTDC CEO Prof. Kobby Mensah named among top 12 global leaders shaping place branding
53 minutes -
Large accounting losses, but is the Bank of Ghana truly policy solvent?
55 minutes