Audio By Carbonatix
Deputy Minister for Finance and Economic Planning, Fifi Kwetey has denied ever saying that government presented inaccurate report on the $750 million Eurobond loan to the World Bank to save Ghana’s reputation.
He said it is a deliberate mischief by the opposition New Patriotic Party (NPP) to distort facts for political expediency.
Mr. Kwetey is quoted to have said on Accra-based Okay FM, that the ruling National Democratic Congress (NDC) had to falsify document presented to the World Bank on the $750 million Eurobond loan in the interest of the nation.
But speaking on Asempa FM’s Ekosii Sen programme Monday, Fifi Kwetey said what he said on Okay FM has been misconstrued by people he called “creatures of darkness who believe in lies”.
According to him all he said in the interview was that the Finance Ministry in the report gave summary of what the money was used for and that should they have given specifics, it would have been an embarrassment to the country.
The Deputy Finance Minister indicated that NPP in its desperate attempt to win power want to capitalized on what he called “blatant misinterpretation of the facts” to win the December elections.
He stated that the erstwhile Kufuor administration squandered $750 million loan facility secured to expand the country’s energy section.
Fifi Kwetey said the NPP government used the money among other things to buy prepaid metres, buy AngloGold Ashanti shares, and pay salaries contrary to the terms of agreement of the loan facility.
He challenged the NPP point to any single infrastructural project as a beneficiary of the Eurobond under its eight year rule in government.
Fifi Kwetey urged that NPP to attack the message and not the messenger and set the record straight on their won lies.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
9 minutes -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
13 minutes -
Nigeria convicts 386 Islamist militants in mass trials
18 minutes -
Djibouti president wins election with 97.8% of vote, state media says
23 minutes -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
37 minutes -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
54 minutes -
Christina Koch becomes first woman to travel around the moon on Artemis II
1 hour -
Epstein survivors’ calls to meet King Charles and Queen harder to ignore as US visit approaches
1 hour -
UN Secretary-General names Ghana’s Anita Kiki Gbeho as South Sudan envoy
1 hour -
Mali withdraws recognition of Sahrawi Republic, backs Morocco’s autonomy plan
1 hour -
Gov’t distributes over 8,500 laptops to One Million Coders project
1 hour -
Julius Debrah, ‘man to beat’ as NDC’s James Agbey dismisses Musah Dankwah’s polls
1 hour -
GPRTU in Savannah Region to protest alleged eviction in Damongo
2 hours -
Re: Reinsurance does not replace process — A response to the SIGA–SIC defence
2 hours -
Gender Ministry supports Harriet Amuzu in ongoing abuse case
2 hours