- Omane Boamah, the former Minister of Communications, has warned against the Chinese loan
- Dr. Bawumia, the vice president however stated that there are no strings attached to the loan
Edward Omane Boamah, the former Minister of Communications under the John Mahama-led administration has cautioned Ghanaians that the Chinese government will make some extra demands of Ghana for the loan facility offered the country.
According to the former minister of state, the Asian country will ask for crude oil and other resources in return for the money.
“The Chinese’ government will ask for more and more of Ghana’s crude oil and other natural resources - if we are interested in the huge sums they are offering…and the request can be outrageous sometimes”, he said in a post on his Facebook wall.
Dr. Bawumia had earlier announced a US$15billion loan from the Chinese government.
Many Ghanaian raised eyebrows over the loan facility as the fight against illegal mining in Ghana, known as "galamsey" seems to have targeted some Chinese mega-businesses in Ghana.
However, Dr. Bawumia has maintained that there is no "ulterior motive" attached to the Chinese loan. He stated that the Chinese had expressed support for Ghana in the fight against galamsey.
But members of the National Democratic Congress have expressed constant skpeticism against the deal wondering if government is in the position to meet those demands that may be advanced by the Chinese who in similar fashion promised the erstwhile National Democratic Congress (NDC) some amount but failed to deliver.
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