Audio By Carbonatix
The controversy over the suspended “Agyapa” Gold Royalties deal will never go away anytime soon, as the National Democratic Congress has today taken issue with the USD$12 million said to have been spent on the botched arrangement.
At a recent appearance before Parliament’s Public Accounts Committee, CEO of the Minerals Income Investment Fund (MIIF), Edward Nana Yaw Koranteng, disclosed that the Agyapa royalties deal, which is currently in abeyance, has already cost the taxpayer some $12 million.
However, addressing the media at a press conference earlier, the National Communication Officer of the NDC, Sammy Gyamfi, argued that the Akufo-Addo/Bawumia government had occasioned a financial loss to the state by making these payments. He stated that Ghanaians were taken aback by the government’s decision to spend a whopping $12 million on the abandoned Agyapa deal.
The NDC enumerated several critical and pressing national needs that the government could have addressed using the said amount, including payments for the treatment of kidney patients some of whom died as a result of the recent closure of the Renal Dialysis Unit at Korle Bu over the government’s indebtedness.
The party again argued that these payments come at a time the government has failed to procure textbooks for basic schools, five years after introducing a new curriculum, while National Service Personnel have also not received their allowances for several months.
The NDC alleges that certain “selfish and greedy” persons in the Akufo-Addo/Bawumia government distributed the disclosed $12 million payments among themselves under the guise of the failed “Agyapa” royalties arrangement, at a time young people under the NABCO program have been sent home without any employment.
The party has therefore vowed to investigate and retrieve all payments made in the name of the collapsed Agyapa Royalties deal and other similar arrangements, should the NDC and John Mahama emerge victorious in the 2024 General Elections.
Latest Stories
-
Philanthropist Alhaji FuZak donates Da’wah bus to Ambariya Sunni community
4 minutes -
GUTA calls for suspension of Publican AI system over trade disruptions, demands temporary halt in import activities
7 minutes -
TTAG raises alarm over proposed recruitment of 7,000 teachers, demands national posting roadmap
40 minutes -
Civilians feared killed after reports of air strike on Nigerian market
50 minutes -
Bishop Simon Kofi Appiah installed as new Jasikan Diocese Bishop
51 minutes -
Trump’s Strait of Hormuz blockade threat raises risks and leaves predicaments unchanged
53 minutes -
US Court backs extradiction of former MASLOC CEO Sedina Tamakloe-Attionu’s to Ghana
1 hour -
Seven arrested as NAIMOS dismantles illegal mining camp, seizes firearms at Boin River
1 hour -
Fire erupts at Madina Ritz Junction, destroys multiple wooden structures and containers
1 hour -
Daniel-Kofi Kyereh returns from long-term injury, registers assist for Freiburg U23
2 hours -
Knifeman calling himself ‘Lucifer’ slashes three at NYC’s Grand Central
2 hours -
Brands are built from within to without
2 hours -
Matriculants urged to pursue excellence as gov’t reaffirms support for Maritime education
2 hours -
See the areas that will be affected by ECG’s planned maintenance on Monday, April 13, 2026
2 hours -
GPL 2025/26: Salim Adams double fires Medeama back to summit after Kotoko rout
2 hours