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Finance minister is the biggest risk to Ghana’s financial sector-NDC MP

January 31, 2018
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Finance minister is the biggest risk to Ghana’s financial sector-NDC MP

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The Member of Parliament (MP) for Bolegatanga Central on the ticket of the main opposition National Democratic Congress (NDC) has strongly suggested that the Finance Minister, Ken Ofori-Atta is the biggest threat to the collapse of the financial sector.
According to Albert Adongo, within one year the Finance minister has raised a whopping amount of twenty-one billion Ghana Cedis on tax issues by sole-sourcing loans in the country.
He questioned how the Finance minister could sole-sourced loans on taxes when his brother the president is against the act of sole-sourcing.
The NDC MP made suggestion in an interview with Kwame Afrifa-Mensah on the ‘Epa Daben’ Show on Accra-based Happy FM after the Minority issued a statement calling for the head of the finance minister for his indictment in the Commission on Human Rights and Administrative Justice’s (CHRAJ’s) report.
He claimed that the behavior of the finance minister to sole –source loans on tax issues will collapse the financial sector.
He argued that if the president Nana Addo Dankwa Akufo-Adoo was keen on fighting corruption as he claims during his quest for power then he should sack the finance minister to serve as an example.
He further said the finance minister has also hidden two of the companies he own from his asset declaration forms and CHRAJ has indicted him on that.
CHRAJ says the finance minister failed to declare as part of his assets, two companies he had registered in Ghana on his asset declaration form  he maintained.
’Is it because he (minister ) is the brother of the president is so he is untouchable ? he questions.
He stressed that the finance  minister could be evading taxes through these companies at the time he is asking Ghanaians to up their tax payment regime.
 
 
 
 
 
Source:Happyghana.com

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