Parliament’s Finance Committee has dismissed assertions by policy think tank Danquah Institute that a $3 billion Chinese loan before the house lacks the necessary details for proper scrutiny. Government says it secured the facility to undertake various projects including the construction of fishing habours, landing sites and the irrigation facilities in the Afram Plains. But the institute wants government to withdraw the agreement. “We will therefore recommend to government to withdraw this omnibus $3 billion facility from Parliament and, instead, present to Parliament for specific approval each of the projects involved with requisite details in order to allow the House to do proper financial and technical scrutiny to each project,” it said in a statement. Executive Director of the institute Gabby Asare Otchere-Darko later told Joy News that China has unfair advantage under the terms of the loan. “Our government decides to come to Parliament with an omnibus project totaling $3 billion and then asking Parliament to approve of this entire facility without providing Parliament specific details or specific programmes as it is ordinarily done when government is bringing any project to Parliament for approval in terms of funding,” he said. But Chairman of Parliament’s Finance Committee James Avedzi says Mr. Otchere-Darko’s claims are untrue. “Are they the only people who know everything and that anything government is doing they are against it,” he questioned. He indicated that the committee had been conferring with the various ministries involved to determine the way forward. “We did all these things and we have covered all the ministries,” he said. Mr Avedzi said Parliament would consider the loan on its own merit but government would have to return to the house to seek approval to undertake individual projects under the facility. “When it comes to that level, government must come back to Parliament and say 'this is the contract we are giving to Contractor A to do this project and these are the terms of this contract'. So looking at the facility as a good facility and the projects they want to use the facility for, we as Parliament [are] comfortable,” he stressed.