Audio By Carbonatix
Coordinator for the Third World Network (TWN-Africa) has described as bizarre a directive by President Akufo-Addo for the Agyapa Royalties Agreement to be sent back to Parliament for approval.
Dr Yao Graham said the deal is flawed in many aspects, therefore, does not serve the best interest of the public.
"The proposal doesn't stand up in the face of the consensus that the Office of the Special Prosecutor's report finds; (in connection) with all the technical, economic processes and the criticisms that have been made of the Agyapa deal," he said.
Following findings in a Corruption Risk Assessment conducted on the Agyapa deal by Special Prosecutor, Martin Amidu, President Akufo-Addo directed Finance Minister, Ken Ofori-Atta to send the deal back to Parliament for review.
The President said the order is "in the best interest of transparency and accountability."
In the report, the Special Prosecutor established that, there was reasonable suspicion of bid-rigging and corruption activity in the selection process of the deal.
He added that, upon analysing the transaction document, he discovered that the arrangements lacked transparency.
As a result, Dr Graham who said the deal was bad from the onset, added that, he finds attempts by President Akufo-Addo to make the agreement work, bizarre.
"If the President is acting in the interest of the beneficiary owners of the resource, why does he want to persist with something which has been found to be flawed," he added.
Latest Stories
-
Africa to maintain steady growth over next three years – Bridgewater Advisors
37 minutes -
Queiroz unavailable as Desmond Offei to lead Black Stars against Mexico
40 minutes -
2026 Legacy Expo to reposition Africa’s beauty and wellness economy
53 minutes -
TDC, GIADEC and ARISE IIP establish special-purpose company to drive Tema Industrial Park project
1 hour -
Ablakwa clarifies South Africa evacuation reports, assures support for all Ghanaians
1 hour -
Today’s Front pages: Friday, May 22, 2026
1 hour -
Africa urged to overhaul climate finance rules and regulations to unlock investment
2 hours -
Joy Prime to broadcast Mexico vs Ghana friendly match on Saturday, 23rd May at 2am
2 hours -
PNC National Chairman calls for arrest of NPP Youth Organiser
3 hours -
Joana Gyan Foundation partners KN Foundation, GFA & PFAG for historic Nsawam Prison outreach
3 hours -
Chief urges youth to see farming as dignified business, not punishment
3 hours -
Majority Leader says Ghana is experiencing ‘fastest economic recovery’
3 hours -
Anlo-Afiadenyigba SHS appeals for constant water supply, security
3 hours -
‘Stability, credibility and predictability are Ghana’s competitive advantage’ – Ambassador Victor Smith
3 hours -
NAIMOS arrests Chinese national, 7 Ghanaians in Ashanti Illegal Mining crackdown
3 hours