Economic Advisor to the Vice President, Gideon Boako, has said the opposition National Democratic Congress (NDC) has no business cautioning the NPP administration against leveraging Ghana’s natural resources, specifically bauxite through its recent partnership with China,
since the former sold 58 percent of Ghana’s bauxite concession to Ibrahim Mahama, brother of former President Mahama. Mr. Boako made the revelation while responding to former Minister of Lands and Natural Resources, Inusah Fuseini’s caution against
Finance Minister Ken Ofori-Atta yesterday defused the controversy surrounding the issuance of the $2.25 billion bond.
He indicated in parliament that the domestic bonds were issued in a competitive and transparent bidding process managed by Joint Book Runners namely, Barclays, Stanbic and Strategic African Securities (SAS).
The book runners, he maintained, were engaged by the previous government for similar bond issues and that there was no secrecy in the process, insisting that it was