Resign now or be sacked - Minority warns finance minister

Resign now or be sacked - Minority warns finance minister

- Finance minister is being asked by the minority in parliament to resign

- Ken Ofori Atta was criticized over how he floated bonds on the international market

- Click here for the latest stories in Ghana

Minority NDC members of parliament are calling for the immediate resignation of the finance minister, Ken Ofori Attah.

READ ALSO: We no longer want Ghana - Gitmo detainees cry fro help

The disgruntled NDC parliamentarians are making the case that the finance minister engaged in a conflict of interest in the way he handled the floating of bonds on the international market at a tune of 2.5 billion dollars.

Recent investigations by the Commission on Human Rights and Administrative Justice (CHRAJ) show that the finance minister made a mistake, the kind which violates the Constitution of Ghana

“The Finance Minister’s extensive interests in the securities market through the shareholding in several companies that operate within the sector, some of whom were contacted by the Bookrunners on this particular bond, always raises the potential for conflict of interests,” Haruna Iddrisu stated.

Addressing the media on this development, minority leader of parliament, Haruna Iddrisu, revealed that the finance minister has just 14 days to resign or could face court actions.

“If he fails to do so, the NDC MPs say they won't wait for the option of the president sacking him, they will trigger a rarely used parliamentary procedure to get the minister sacked - a motion of censorship,” The minority leader revealed.

The finance minister had earlier insisted he did no wrong regarding the choice he made in floating the bond.

YEN.com.gh is building a platform where Ghanaians can share local news and own experiences with each other. Witnessing an incident? Want to tell about a local problem? Know someone who is extremely talented and needs recognition? Your stories and photos are always welcome. Message us on Facebook now.

Source: Yen.com.gh

Related news
'Angel' Obinim drops names of top pastors who are also 'Angels' in Ghana

'Angel' Obinim drops names of top pastors who are also 'Angels' in Ghana

'Angel' Obinim drops names of top pastors who are also 'Angels' in Ghana
YEN.com.gh
Mailfire view pixel