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Committee needed to assess impact of loans – Kyei-Mensah-Bonsu
The Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu is proposing the establishment of a committee of Parliament that would probe the impact of loan agreements by the government.
The Minister who doubles as the Majority Leader in Parliament says the functions of the Finance Committee of Parliament are limited and cannot assess the economic impact of loans on the country.
He made the call during an engagement with the core leadership and selected committees of Parliament.
“There should be a committee on the economy that will determine for Parliament, the impact of any loan that the nation will be taking. The Finance Committee has some functions like that, but they don’t make any referral of the impact of loans on the economy. They only talk about the terms and conditions. 10 or 15 years from now, we will wake up to the reality“, he said.
Parliament has been encouraged to do more in order to ensure value for money when signing international agreements, including loans.
It has become ostensible for Members of Parliament to become acquainted with the law and international best practices to ensure that the state benefits fully from all international agreements.
There have been instances where the state has been short-changed in some agreements brought before the House due to gaps in the conditions of some agreements, thereby affecting the economy.
It is for this reason, Osei Kyei-Mensah-Bonsu is pushing for this move.
He also advocated for core committees in Parliament to be chaired by members of the opposition. This, he says, will ensure proper checks and balances.
“Parliament is as strong as its committees make it. The structure of our committee’s system is not helping us to grow our parliament. When we have a system where all committees are headed by the members from the ruling party, certainly you will have this dividend, you will really lower the standards of parliament”.
Source: Citi Newsroom
The prosecution has officially rested its case in The Republic v Solomon Asamoah & Another, the high-profile legal battle commonly referred to as the “Sky Train” case.
The Deputy Attorney General Justice Srem Sai announced the development, praising the state’s team of hard-working prosecutors for successfully anchoring the state’s evidence before the High Court.
The criminal trial centers on the former Chief Executive Officer and the former Board Chairman of the Ghana Infrastructure Investment Fund (GIIF).
The duo stands accused of illegally authorizing and paying out US$2 million to a foreign company without obtaining board directives or other mandatory statutory approvals.
State investigators have confirmed that the disbursed millions cannot be found.
Following the closure of the prosecution’s case, the accused persons moved the court for an opportunity to file a submission of no case.
The presiding judge granted the application, ordering the defense to submit their arguments by June 8.
The outcome of the June 8 filings will decide the fate of the trial:
With this, if the judge finds the defense’s submission convincing, the accused will be acquitted and discharged however, If the judge dismisses the submission, the court will order the accused officials to take the stand and explain why they should not face prison sentences.
By Edem Mensah-Tsotorme
Member of Parliament for Akuapem North, Sammy Awuku, has expressed deep sorrow following the sudden passing of Isaac Batsa, the constituency secretary for the opposition National Democratic Congress (NDC).
The New Patriotic Party (NPP) lawmaker issued a statement on Tuesday reacting to the news, which has shocked the local political community.
Mr.Awuku praised the late NDC secretary for his bipartisan approach to local governance.
He noted that despite their different political affiliations, Batsa consistently rose above party lines to serve the constituency with diligence.
The MP revealed that the news was particularly shocking given that he had last interacted with Batsa just three days prior on Saturday.
Concluding his statement, Sammy Awuku extended his heartfelt condolences to Batsa’s family, the constituency and regional executives, and the entire NDC fraternity, wishing the deceased peaceful eternal rest.
By Edem Mensah-Tsotorme
