President John Agyekum Kufuor has issued a 14-day ultimatum to leaders of the National Democratic Congress and persons said to be circulating information that he has been involved in a botched multi-million dollar oil deal to retract. A press conference by his office and addressed by Presidential Spokesperson, Andrew Awuni, described the allegation as 'wicked liars' and a figment of the imagination of his accusers, but he wants them to retract and apologize to him or meet him in court to prove their case. The Weekly Standard newspaper, edited by Mr. Victor Smith, a former special aide to ex-President Rawlings, has been serializing what it describes as excerpts of the botched business oil deal with an unnamed Kuwaiti company, and claims that it has landed the President a whopping cost of $5.5 billion dollars in arbitration fees, $4 billion of which he has been able to offset. On Joy FM’s Super Morning Show, Victor Smith said he was speaking from impeccable sources and urged Ghanaians to demand of the President where and how he got the money to clear that bill. On the same programme, Malik Kweku Baako Jnr., Editor in Chief of the Crusading Guide newspaper, which also published an interview with President Kufuor on the matter, said the President had categorically denied the allegation and wondered why Victor Smith, would want to put out an untruth and expect the President to react. Kweku Baako said the law provides that he who alleges, must prove and that he believed the publication was a farce. In reaction, Victor Smith said it will be a wishful thinking on the part of Awuni and President Kufuor to expect any retraction and apology, and urged them to proceed to court, because he was ready for them. He maintained that the President knew whithin his heart that he had been involved in the said deal and for which the 'partners' are trying to exact the remainder of $1.5 billion. Play attached audio for voices of Andrew Awuni and Victor Smith Story by Isaac Yeboah