Mahama's gov't the very epitome of corruption - Nana Konadu

Mahama's gov't the very epitome of corruption - Nana Konadu

Former First Lady Nana Konadu Agyeman Rawlings on Thursday stepped up her criticism of President John Dramani Mahama, describing his administration as the very "epitome of corruption".

Mahama's gov't the very epitome of corruption - Nana Konadu

Nana Konadu, who abandoned the National Democratic Congress (NDC) formed by her husband, Jerry Rawlings, and is now the founder and flagbearer of the National Democratic Party (NDP), said the level of corruption in the Mahama administration was unprecedented.

"It is a level of corruption never seen before in this country,” she told Accra-based Kasapa FM.

Nana Konadu added that Mahama had reversed the gains made by former President Jerry Rawlings in terms of probity and accountability.

The criticisms come a month after the NDC flagbearer condemned the Mahama administration for transferring $250 million to a private bank.

The government was said to have transferred $250 million of the proceeds from Ghana’s 1 billion Eurobond, which was borrowed at an interest rate of 10.75%, to the United Bank for Africa (UBA).

UBA in turn lent the money to government at an interest rate of more than 20%, according to the reports.

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Reacting to the news on Facebook , Nana Konadu said that the government made an unwise business deal.

“If you borrow money at a high interest rate to lend it to another at a low interest rate then borrow your own money back from them at a high interest rate, you are either not wise, a thief or both. No wonder their campaign message of 'vote for us so they don’t jail us'. It’s time to save Ghana from this criminality,” she said.

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