GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home Top Stories

Missing GHC7 Billion: Mahama Didn’t Hide Any Money From NPP

February 2, 2017
in Top Stories
Share on FacebookShare on Twitter

National Democratic Congress (NDC) Member of Parliament (MP) for Bolgatanga, Isaac Abongo has maintained that the erstwhile President John Mahama-led administration did not hide any money from the new government.

You Might Also Like

Prominent Ghanaian Leaders and Clergy Honor Late Apostle Dr. Michael Kwabena Ntumy at State House Funeral

Vice President Bawumia Shares Inspiring Journey from Oxford University to Political Success

The Diverse Currencies of Africa: Impact on Economic Growth

He said the GHC7 billion purported to have been unaccounted for by the previous government has been captured in documents of the Controller and Accountant General’s Department.

“The Controller and Accountant General is the chief accountant of the state so all financial transactions are kept with him,” he told Prince Minkah, host of Joy FM’s Midday programme Thursday.

Related Article: NDC hid GHC7 billion arrears from IMF- Majority reiterates Vice President Dr Mahamudu Bawumia has revealed that the general health of Ghana’s fiscal state is nothing to write home about .

He disclosed that during the preparation of the 2017 budget, which would be presented to Parliament in March, they found that government expenditure of GHC7 billion was not captured in data presented to the new government. He wondered why the 2014/2015 and 2015/2016 fiscal years data provided to the NPP transition team members did not include the amount spent by the National Democratic Congress (NDC) government.

The Majority in Parliament at a press conference Thursday supported the claim made by the Vice President.

Parliament’s Finance Committee Chairman Dr Mark Assibey Yeboah who addressed the briefing insisted the financial indiscipline of the previous government has serious implications for the country.

“We in the Minority are displeased with the tendencies of Dr Bawumia to rushing to the population and media with the information particularly the structural measures and reforms without taking the time to understand the rationale for its implementation,” he said.

But Mr Adongo who is also on the Finance Committee said the New Patriotic Party (NPP) is hiding behind the claim to compel the International Monetary Fund (IMF) to amend its agreement with government.

“These people have seen the IMF coming to town so they want to be given the fiscal space,” he said, adding the Controller Department does payment for all government activities.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: AdongoBusiness_FinancechairmanChief AccountantControllerController and AccountantController and Accountant Generalerstwhile Presidentfinance committeeGenerals DepartmentghanaGhanaian peopleInternational Monetary FundIsaac AbongoJohn Dramani MahamaJohn Mahama-ledJohn Mahama-led administrationJoy FMMahamudu BawumiaMark Assibey-YeboahMember of ParliamentMinkahMPMPs elected in the Ghanaian parliamentary electionNational Democratic CongressNational Democratic Congress (NDC)New Patriotic PartyNew Patriotic Party (NPP)Parliaments Finance CommitteepoliticsPolitics of GhanaprinceVice President

Related News

Prominent Ghanaian Leaders and Clergy Honor Late Apostle Dr. Michael Kwabena Ntumy at State House Funeral

Prominent Ghanaian Leaders and Clergy Honor Late Apostle Dr. Michael Kwabena Ntumy at State House Funeral

by ghanastar
February 25, 2024
0

In a poignant ceremony held on Saturday, February 24, 2024, at the Forecourt of the State House, hundreds of mourners...

Vice President Bawumia Shares Inspiring Journey from Oxford University to Political Success

Vice President Bawumia Shares Inspiring Journey from Oxford University to Political Success

by ghanastar
June 17, 2023
0

In a heartfelt revelation of his life's journey, the Vice President of the Republic, His Excellency Dr. Mahamudu Bawumia, spoke...

The Diverse Currencies of Africa: Impact on Economic Growth

The Diverse Currencies of Africa: Impact on Economic Growth

by ghanastar
June 17, 2023
0

Africa, a continent rich in cultural diversity, is home to a vast array of currencies. With 54 recognized countries, each...

Suicide at Aburi Botanical Gardens: Man Found Dead

Suicide at Aburi Botanical Gardens: Man Found Dead

by ghanastar
January 14, 2023
0

A man, believed to be in his fifties, has died by suicide in the Aburi Botanical Gardens in the Eastern...

Next Post

"IS DIGITAL MIGRATION A BURDEN FOR GOVERNMENT'S TREASURY TO CARRY?"- Dr. Papa Kwesi Nduom

Cameroon Coach Hugo Broos Wants To Avoid Penalties Against Ghana

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Government of Ghana Unveils Official Portraits of President John Dramani Mahama and Vice President Prof. Naana Jane Opoku-Agyemang
  • Who Is the Woman (Sheena Gakpe) in Sarkodie’s Latest Hit “No Sir” and Why Everyone Is Talking about It
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com