WHY NPP GOVT REMOVED 4 ZEROES FROM THE THEN DEPRECIATING CEDI TO - TopicsExpress



          

WHY NPP GOVT REMOVED 4 ZEROES FROM THE THEN DEPRECIATING CEDI TO MAKE IT ATTRACTIVE it is undeniable fact that the cedi was depreciating rapidly during Kuffours regime with all the their competent mouths, hence they decided to redenominate the currency to remove 0000 from it to make it look attractive again with propaganda that the VALUE IS THE SAME? And it will interest you to know that During the change over from old currency to new currency, Bank of Ghana is supposed to burn the all old redeemed currency but it was delayed, instead they shared the money among themselves and today they have enough of that money in their homes. this lead to the gruesome murder of Roko Frimpong who then threatened to leak the information to the public. Now KUFUOR and his NPP must explain to Ghanaians -how Kuffour utilised the €7.5m bond money and duration for repayment. -How was money acrued from the sale of Ghana airways used. -How $1.4 billions Jubilee Bonds were used and duration for payment -How Ghana Telecom sales money of $999millions were used -At completion point of HIPC in 2005 all Ghana foreign debts were forgiven and $6billions cash was given to Ghana for capital development. Can anyone help me identify those capital investment made by NPP government? With all sales of state properties , loans , $6 billions grants, Jubilee Bonds and Euro Bonds couple salary being paid to workers, ask yourself why NPP have to leave behind $9.8 billions foreign debt again? When some of the money was used to pay salaries and to bribe the so called senior journalists and even bought them houses and cars . Now the loans are due for repayment and Prez Mahama is paying hence our current economic difficulties.Yet they are so loud and let it look like the government overspent in Dec 2012. GEEDA, SUBA etc were not commited by the central government but parastatal organizations such as GRA so how does Prez Mahama become corrupt when he was the one who caused such deals to be uncovered and dealt.
Posted on: Tue, 15 Jul 2014 11:28:45 +0000

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