Former CJ Charges Ofori-Atta To Explain How Loans Were Squandered

Former CJ Charges Ofori-Atta To Explain How The Loan Was Discharged

Ghana’s former Chief Justice, Sophia Abena Akuffo, is angry with the government over its decision to put pension funds under the Domestic Debt Exchange Program (DDEP).

He therefore called on the Minister of Finance, Ken Ofori-Atta to be transparent and tell Ghanaians what has caused the current economic crisis and what all the loans were contracted for.

“Why are we bothering ourselves? No one fully explained to us, yes we took a loan, for what? And where is the responsibility? What exactly is it for? You don’t tell me how you will make things better but just ‘help me and I help you’, no, you help yourself first, let’s see if you do something serious because we have seen this. too much variety.

“Now I’m over 70 years old, I’m no longer a government employee, my mouth has been ignored, and I’m talking, and I’m saying that we’ve failed, and it’s important that the elderly should be respected. I find this evil, I’m rude, I it’s illegal, I think it’s wrong,” Judge Akuffo said while addressing the media after he joined a group of pensioners to picket at the Ministry of Finance on Friday, February 10.

The exasperated former Chief Justice is furious with the finance minister for disrupting the economy and trying to forcefully involve pension funds in a debt restructuring exercise without accountability and involvement.

He described the government’s decision as bad and disrespectful to the elderly who have sacrificed their lives for the development of the nation.

He said, “We have experienced ups and downs. Most of us are from a generation where we are encouraged to save for tomorrow and all that. We have gone through a period where all the savings became nonsense because of some government policies, then over the years, bit by bit , people have become more confident in the economy and investment.

“A lot of people here, when they retired two years ago [ago] they put everything into government bonds, it’s a contract and now all of a sudden, you actually want to force them to agree with you that you pay back from the return on investment that should be what you dictate. Why?”

By Vincent Kubi

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