After Vice President, Dr. Alhaji Mahamudu Bawumia finished his lecture on the Ghanaian economy, former Mahama appointee and now an aide to Mahama, Felix Ofosu Kwakye subjected the speech of Dr. Bawumia to thorough scrutiny. He exposed some misinformation and lies in the lecture. Today too, he released another exposé. He established a clear figure disagreement which was quoted by Finance Minister and Bawumia on two several occasions. He concluded that it was Bawumia who was lying to Ghanaians.
"One of the most outrageous lies told by Bawumia yesterday is contained on page 29 of his speech. He claimed that his government had paid GHS 17 billion in “excess capacity charges” between 2018 and 2021 and this has contributed to the rise in our debt. Meanwhile, in June 2021, the Finance Minister who actually makes the payment, in answer to a question on exactly how much had been paid in excess capacity charges in Parliament, stated clearly that $937 million had been paid over a four year period. This amounts to a little over GHS 5 billion if we were to use the end 2021 exchange rate.
"The GHS 17 billion is a clear fabrication intended to mislead the public and make an excuse for his hopeless incompetence that has plunged us into the worst economic catastrophe in 30 years.", he added.
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