Ghana

For our parliamentarians; Socialite reveals brand new cars which the $28 million loan will buy

The Minister for Finance, Mr. Ken Ofori-Atta, has presented a loan agreement for $28 million to Parliament for the purchase of 275 vehicles for members of the 8th Parliament.

According to the papers presented to Parliament, the loan will be sourced from the National Investment Bank, NIB.

Based on the amount and the number of individuals involved, each MP is expected to receive over $100,000 for the purchase of a vehicle.

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The Finance Committee of the House is expected to consider the loan agreement and report to the house.

Why should we go for a US$28m for our Parliamentarians to buy cars, when the can work to their banks and apply loans for the same purpose.

This pure financial mismanagement which will cause financial loss to the nation and I urge Minister of Finance, Ken Ofori Atta rescind this decision.
Also, I call on all Ministers to ask Finance Minister to put a stop to this.

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These are the things the Economic Fighters League, the CSOs, FixtheNation and other groups must fight for.

A socialite has revealed the vehicle in his Facebook post

Samuel is a senior editor at Cbgist.com. His articles cover news from Ghana. I have a degree in Journalism from the Ghana Institute of Journalism. Accuracy and fact-checking are what I do best. AT Cbgist.com, every news is fact-checked.

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