Provide full details on $2.25b bond or face contempt charges – NDC MPs warns Ofori Atta

The Minority in Parliament will go as far pushing for contempt charges against the Minister of Finance, if he fails to provide the House with all the documents on the 2.25 billion dollar bond issued by government in April.

Parliament, last week, after a half hour motion by the Minority Leader, Haruna Iddrisu which was seconded by Majority Leader, Osei Kyei-Mensah-Bonsu, summoned , Ken Ofori Atta to respond some concerns the Minority had raised over the bond which has been surrounded by controversy since it was issued.

It had been expected that a statement from Mr Ofori Atta to the House would bring finality to the controversy surrounding bond, but the Minority says a mere statement from the Minister will not be enough.

Speaking in an interview on JoyNews, Minority’s spokesperson on Finance, Cassiel Ato Forson, the controversy surrounding the issuance of the bond could only be settled by the release of the full documentation on the bond hence the resolution summoning the Mr Ofori Atta to address the House must strictly be adhered to.

“The resolution that was passed by this House was specific that the Minister responsible for Finance should appear before this House and present to this Honourable House the full complement of all documentation relating to the issuance of the bond. That is what we asked for. It is not action by Minority. It will be Contempt of Parliament because Parliament was specific. The resolution was straightforward. No ambiguity involved”.

He called on “the Finance Minister to present to this Honourable House the full complement of information relating to the recent 2.25 billion US dollar bond. So we are only asking for documentation. We expect that he will come not in the form of a statement but obviously coming to this House to present the information to us. We didn’t ask for a statement. We’re only asking for documentation. So that is exactly what we are expecting”,

Reacting to the Minority’s concern, Deputy Majority Chief Whip, Matthew Nyidam stated that the secondment of the half hour motion by the Majority Leader was a clear indication that they were not going to impede the Minority’s call for more information.

“We are not doing this for the Minority, we are doing it for mother Ghana because we promised to give a better service to Ghanaians. It is important to put to rest this 2.25 billion US dollars that we raised. We have nothing to hide. So as to whether he is coming with document or statement everything will be given tomorrow”, he said.

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