[ 2017-05-16 ]

Senior Minister Yaw Osafo Marfo

We're probing Mahama loans - Osafo Marfo
The Government of Ghana is reviewing the debts
incurred by the John Mahama administration to find
out whether the loans were used for the purposes
of which they were contracted, Senior Minister Yaw
Osafo Marfo, has revealed.

After the review of the debt situation, the
findings will be made public to enable the
Ghanaian people realise how their moneys were
spent by the previous administration, Mr Marfo
added.

It is recalled that during the electioneering
season the then main opposition New Patriotic
Party (NPP) accused the Mahama government of
excessive borrowing but with little to show for,
an assertion the then governing National
Democratic Congress (NDC) rubbished because they
thought they had embarked on several
infrastructural projects with those loans.

Mr Marfo speaking during the National Policy
Summit on Tuesday May 16 said revealed that the
new government is investigating all the debts left
behind by Mr Mahama.

“We are working on the numbers, the ministry of
finance gives us the bulk numbers. But they do not
all emanate from one source, we have some sitting
in energy, some sitting in SSNIT and we are
examining all. As a government and we are doing it
gradually and slowly because we must be accurate.

“We want to be sure that whatever comes out
finally is accurate. The government owes it as a
duty to keep the nation informed about these debts
and what it was used for.”

Source - classfmonline.com

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