27.2 C
Accra
Thursday, October 17, 2024
BusinessReport on Motion of Censure against Finance Minister laid before Parliament

Date:

Report on Motion of Censure against Finance Minister laid before Parliament

The Ad-Hoc Committee’s report on the Finance Minister Ken Ofori-Atta motion for censure has been presented to the legislature.

Second Deputy Speaker Mr. Andrew Asiamah Amoako presided and gave the order to distribute copies of the report to each member of the House.

On November 10, Mr. Haruna Iddrisu, the Minority Leader, introduced a motion in Parliament requesting a vote of censure against the Finance Minister for alleged economic mismanagement.

The motion, which was in accordance with Article 82 of the 1992 Constitution, cited seven grounds for the vote of censure.

They include despicable conflict of interest that he (Mr. Ofori-Atta) directly benefits from Ghana’s econonic woes as his companies receive commissions and another unethical contractual advantage, particularly, from Ghana’s debt overhang.

Ground Two alleges the unconstitutional withdrawal from the Consolidated Fund in blatant contravention of Article 178 of the 1992 Constitution supposedly for the construction of the National Cathedral.

Ground Three alleges the illegal payment of oil revenues into offshore accounts in flagrant violation of Article 176 of the 1992 Constitution.

Ground Four alleges deliberate and disreporting of economic data to Parliament, whereas Ground Five alleges fiscal recklessness leading to the crash of the Ghana cedi, which was currently the worst-performing currency in the world.

Ground Six accuses the Minister of alarming incompetence and frightening ineptitude resulting in the collapse of Ghana economy and an excruciating cost of living crisis; while Ground Seven alleges the gross mismanagement of the Ghanaian economy, which the Minority said had occasioned untold and unprecedented hardship.

Speaker Alban Sumana Kingsford Bagbin, subsequently, referred the Motion to an eight-member bi-partisan Committee for further investigations and report to the House.

A three-day public hearing, consequently, commenced on Tuesday, November 15, during which the Minister denied any wrongdoing.

He, however, apologised to citizens for the economic difficulties they faced.

During the hearing the Minister’s lawyer raised an objection on Ground One by that the issue of conflict of interest was beyond the jurisdiction of Parliament so the Committee decided to refer that to the plenary for consideration.

With regard to Ground Three, the Committee after hearing testimonies from the Ghana National Petroleum Corporation and the Public Interest and Accountability Committee, decided there was no need for the Minister to respond to the issue and decided to submit a written report on it to the plenary.

The bi-partisan Committee had Dr Dominic Akuritinga Ayine, National Democratic Congress (NDC) Member of Parliament for Bolgatanga East for the Minority Caucus, and Mr Kobina Tahir Hammond, New Patriotic Party (NPP) MP for Adansi Asokwa, for the Majority Caucus, as Co-Chairmen.

The Minority Members of the Committee included Samuel Okudzoto Ablakwa, MP for North Tongu; Dr Zanetor Agyeman-Rawlings, MP for Klottey-Korle, and Mr Bernard Ahiafor, MP for Akatsi South.

Members of the Majority side included Mr Patrick Yaw Boamah, MP for Okaikkwei Central; Mr Kwame Anyimadu-Antwi, MP for Asante-Akyim Central; and Mr Andrew Egyapa Mercer, MP for Secondi.

The Committee’s report is to be made public.

[forminator_poll id="710479"]

Latest stories

Certiorari application against KATH dismissed by Supreme Court

The Supreme Court of Ghana dismissed a certiorari application...

Ghana’s cedi hits GHS16.55 against US dollar amid ongoing depreciation

Ghana's currency continues to face ongoing depreciation against key...

Ghana’s grain sector hit by GHC22bn drought losses – GGC sounds alarm

Ghana’s agricultural sector has been dealt a significant blow,...

4 reasons parents face prosecution for crimes committed by underage children

In a growing trend across various jurisdictions, parents and...

One Direction’s Liam Payne dies at 31 after balcony fall

Liam Payne, the 31-year-old former member of One Direction,...

Related stories

Ghana’s cedi hits GHS16.55 against US dollar amid ongoing depreciation

Ghana's currency continues to face ongoing depreciation against key...

Ghana’s grain sector hit by GHC22bn drought losses – GGC sounds alarm

Ghana’s agricultural sector has been dealt a significant blow,...

Food insecurity looms as Ghana’s maize output drops by 35% due to dry spells

Ghana’s agricultural sector has taken a major hit as...

Ghana, Cote d’Ivoire in talks to sign advanced energy cooperation deal

Negotiations are underway to finalize and sign, at a...

Ghana risks importing power if Sunon Asogli is shut down – IES warns

Institute for Energy Security (IES) has cautioned that the...

McDan Group signs MoU with Kenya to facilitate trading under AfCFTA

Dr. Daniel McKorley, Executive Chairman of the McDan Group,...