Appointments Committee approves Ken Ofori-Atta by consensus

Appointments Committee approves Ken Ofori-Atta by consensus

- Parliament will today, March 29, 2021, affirm the nomination of Ken Ofori-Atta by voice vote

- He was approved by consensus by the Appointments Committee

- There have been fears that he would be rejected by the Minority

Finance Minister-designate, Ken Ofori-Atta, has been approved by the Appointments Committee of Parliament, YEN.com.gh gathered.

Appointments Committee approves Ken Ofori-Atta by consensus
Appointments Committee approves Ken Ofori-Atta by consensus
Source: Facebook

Ofori-Atta was approved by consensus after two days of vetting.

Starr News reports that Ofori-Atta secured the votes of both minority and majority members of the committee.

He will, therefore, be affirmed by Parliament later today by voice vote.

The finance Minister-designate took a dig at the former Special Prosecutor, Martin Amidu, describing his report on the controversial Agyapa transaction as “conjectures” that are inimical to growth during his two days appearance before the committee.

Amidu flagged the deal after conducting a corruption and anti-corruption risk assessment report on it in 2020.

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He said in his report that there was reasonable suspicion of “bid-rigging and corruption” as well as the likelihood for “illicit financial flows and money laundering” in selecting the deal’s transaction advisor(s).

He resigned as the country’s special prosecutor following the report, citing threats to his life and a series of traumatic experiences.

Ofori-Atta said the decision by the former Attorney General and Minister of Justice to put out the report without allowing him to respond was a disservice to him.

President Akufo-Addo said his administration would return the controversial Agyapa transaction to Parliament.

Parliament on August 14, 2021, approved the controversial deal despite a walkout by the Minority.

The approval would enable the country to use a special purpose vehicle, Agyapa Royalties Limited, to secure about $1 billion to finance large infrastructural projects.

The Attorney General’s office in 2020 declared that the agreement was not in the interest of Ghana.

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The office further added it was unclear what benefits “will come to the Republic of Ghana and the fund other than the one-off payment”, considering that the agreement runs in perpetuity with stringent responsibilities of the fund throughout its lifespan.

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Source: Yen

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