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Minority Tables Motion For More Information From Finance Minister On Ghc2.25 Billion Bond

2017-06-03 04:26 [BANK] Source:Netword
Guide:The Minority Caucus in Parliament has tabled a Motion on the Floor of Parliament asking the House to prevail on the Minister of Finance to provide deta

Minority Tables Motion For More Information From Finance Minister On Ghc2.25 Billion Bond | Updated Jun 01, 2017 at 3:45pm

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Minority Tables Motion For More Information From Finance Minister On Ghc2.25 Billion Bond

The Minority Caucus in Parliament has tabled a Motion on the Floor of Parliament asking the House to prevail on the Minister of Finance to provide detailed information on the recent Two Billion, Two Hundred and Fifty Million Dollar Bond to the lawmakers.

The Caucus is demanding the full complement of documentation related to the issuance of the Bond, the participants, utilization of the proceeds and currency in which the Bond was settled.

The Minority Leader Haruna Iddrisu moved the Motion with the Majority Leader Osei-Kyei-Mensa-Bonsu seconding for the Finance Minister to appear before the House to respond to the demands of the Minority.

Later the Minority organized a news conference to further explain the reason for tabling the Motion.

The Ranking Member on the Finance Committee and MP for Ejumako-Enyan-Essiam Cassiel Ato Forson addressed the Parliamentary Press Corps.

He was addressing a News Conference in Parliament after the Minority filed a motion to invite the Finance Minister Ken Ofori-Atta to provide Parliament with detailed information on the recent Bonds issued by Government.

The Finance Minister is directed to furnish the House with the detailed information on the Bond within one week.


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