Indexing government scandals one at a time
The Commission on Human Rights and Administrative Justice (CHRAJ) has found that the Finance Minister, Ken Ofori-Atta, breached certain processes in the issuance of the government’s $2.25bn bond earlier this year.
CHRAJ, in its investigation of a conflict of interest allegation leveled against Ken Ofori Atta by a known member of the National Democratic Congress (NDC), Brogya Genfi, said although it found no concrete evidence on conflict of interest against the Minister, he [Ken Ofori-Atta] breached several procedures.
The investigations found out that Finance Minister, Ken Ofori-Atta is either a director, former director or shareholder or beneficial owner of several companies whose objects relate to the securities market and that his interests in these companies had the potential to conflict with the interests of the state in relation to the securities market such as the issuance of bonds.
April 16, 2017
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