[ 2021-02-12 ]

Ofori-Atta to face Parliament's Appointment Committee today
Finance Minister-designate Ken Ofori-Atta is
expected to be vetted today by Parliament’s
Appointments Committee.

Ahead of his vetting, a group known as the Dynamic
Youth Movement of Ghana (DYMOG), has petitioned
the Speaker of Parliament, Mr. Alban Bagbin,
against the former Finance Minister’s
re-appointment.

The petition, signed by the Executive Convener of
DYMOG, Edward Tuttor, on 6 February 2021, was
hinged on grounds that:

“Mr Ken Ofori-Atta, while being the Minister
responsible for finance in the preceding
Government, was found by the Commission on Human
Rights and Administrative Justice (CHRAJ) to have
occupied a private office of emolument, being the
office of a director in Ventures and Acquisition
Limited (a private company)”.

According to the petition, Mr Ofori-Atta occupied
the private office “without the due permission
of the then-Right Honourable Speaker of
Parliament”.

The petition also noted that Mr Ofori-Atta was
found by CHRAJ “to have superintended the
issuance of 95% of government of Ghana sovereign
bonds to a company (Franklin Templeton Investment
Ltd)in which his business and close relation by
name Trevor Trefgarne was a director, without
making the said bond transaction open to the
investor-public for competitive bidding”.

The group also mentioned in the petition, the
Finance Minister-designate's failure and refusal
“to declare his shareholding in Data Bank
Financial Services Limited, Data Bank Brokerage
Limited, and Data Bank Financial Holdings Limited,
to the Auditor-General before taking office” in
the immediate past government, contrary to Article
286(1)(a) of the 1992 Constitution.

Source - Class fm

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