Agyapa Royalty Agreement: Claims by Attorney General Not Involved in Transaction Are False – Ofori-Atta



[ad_1]

Finance Minister Ken Ofori-Atta has said that the allegation that the Attorney General was not involved in the Agyapa royalty transaction processes is incorrect.

His statement follows concerns raised by the public about a letter from Attorney General Gloria Akuffo to Finance Minister Ken Ofori-Atta dated July 22.

The Attorney General and the Minister of Justice reportedly described the state’s inability to review or evaluate the effectiveness of the Agyapa royalty agreement in the future as “unconscionable”.

The Office also noted that payments under the agreement will be made in US dollars, in violation of the Bank of Ghana Act 2016 (Act 918) which requires transactions to be made in the Ghanaian currency unit, which is the cedi or its equivalent. .

Although, Gabby Asare Otchere Darko of Africa Legal Associates, which is one of the law firms advising on the deal, has alleged that Madame Gloria Akuffo has made a 180-degree turn after several engagements with the lawyers; her earlier claim is still debated.

Many, including the opposition Democratic National Congress (NDC), had argued that the event was a clear indication that the Attorney General was not involved in the process, which has already been alleged to be shrouded in secrecy.

But commenting on the subject in NewsFile, Finance Minister Ken Ofori-Atta opined that the Attorney General in his line of work is aware of Parliament’s documents, which is why he has come across the Royalty Agreement of Agyapa.

“With the bills and laws, we go to Parliament, to retreats; We go through things, they say no, we change.

“So that interpreted dialogue that the Attorney General is not a party is probably wrong,” he said on September 5.

[ad_2]