
Audio By Carbonatix
After what appears to be an unsatisfactory crunch meeting with the Finance Minister, the Pensioner Bondholders Forum plans to continue picketing the Ministry on Monday, February 13.
The pensioners earlier Friday, had a meeting with officials of the Ministry to deliberate on their demand for total exemption from the Domestic Debt Exchange Programme (DDEP).
At the meeting, the Convener of the forum, Dr Adu Anane Antwi said the meeting did not yield the expected result since the Minister maintained his stance of including them in the restructuring.
Narrating the Finance Ministers' response to their demands, he said “well he has not gotten any other response to show. Mr. Antwi added that they insisted on total exemption.
He explained that Ken Ofori-Atta was concerned about tradability. However, he said they were interested in keeping their bonds since they can continue enjoying benefits from their coupons.
Speaking in an interview with JoyNews on Friday, Mr Antwi explained total exemption is the best for them because the risk associated with it is lower.
“What we want is exemption, there can be risk while you have exempted us, but I said the risk to be associated with exempted bonds is much, much lower than the risk associated with those that were not exempted bonds,” he said.
Touching on their next line of action, he said, they are waiting for the Minister to come up with a plan until then, picketing will continue.
“We want the exemption so he should look at his figures and come and tell us, otherwise we will keep on exercising our rights to be picketing here… on Tuesday, we will go and see what will happen in Parliament,” he added.
Earlier today, the Former Chief Justice, Sophia Akuffo joined pensioners picketing the Finance Ministry to demand a total exemption of their investments in the controversial Domestic Debt Exchange Programme (DDEP).
Mrs Akuffo was seen holding a placard with the inscription ‘We depend on our bond yields to pay our rent, medical bills, electricity bills and water bills.
She said as long as the situation has to do with the contractual rights of pensioners, she cannot sit unconcerned.
“I’m seeing it purely from a legal point of view, their contractual rights being threatened. Then I have to say something. I have to join them in solidarity. Their pain is my pain because I have retired sisters, I have retired friends, and so on and so forth,” she said on Friday.
Mrs Akuffo further explained that her ample retirement benefits by virtue of her position does not prevent her from solidarising with her peers who are not so well to do.
“I find it wicked, I find it disrespectful, I find it unlawful, I find it totally wrong, period! Because you don’t solve your problems by sacrificing your aged. That is the last thing you should do,” she told JoyNews.
Latest Stories
-
Zoomlion deploys personnel, equipment to support Mahama’s national clean-up exercise
4 minutes -
North Dayi residents condemn authorities over abandoned road projects
16 minutes -
NAPRM Governing Council seeks stronger partnership with NDPC on governance, development agenda
39 minutes -
Police post torched after fatal Sayerano shooting as tensions escalate
39 minutes -
Hanan granted bail as AG moves to block UK medical trip over frozen funds
55 minutes -
NPP suspends constituency executive elections in two constituencies
1 hour -
Old Tafo MP: Let our World Cup exit mark the beginning of football reform
1 hour -
BR Institute partners UPSA to expand entrepreneurship training for the youth
1 hour -
Flood death toll rises to 35; six still missing, 58,000 displaced in Accra — Interior Minister
1 hour -
Argentina complete extraordinary comeback to beat Egypt
1 hour -
Every cedi from the World Cup must develop Ghana football – Ekow Assafuah demands
1 hour -
Virtual Security Africa expands CCTV surveillance at Mamprobi Hospital
2 hours -
Ekow Assafuah: Reinvest the World Cup proceeds, rebuild Ghana football
2 hours -
GH¢308,000 in alleged theft case not stolen from DVLA — Authority clarifies
2 hours -
Trafficked at 7, rescued at 17 — Survivor Godson Glawu calls for sustained child protection funding
3 hours