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Gov't under fire over last minute loan deals
Lawmakers have been considering a number of loan agreement forwarded to them through executive instrument.
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Lawmakers have been considering some loan agreements forwarded to them through an executive instrument by the president.
READ MORE: Ghanaians are not happy - Togbe Afede
The loans under consideration are to finance Accra urban transport project, Volivo bridge, UMaT, kommenda sugar factory, railway line, Kumasi Airport, Tamale Airport and audit service among others.
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But the Minority leader, Osei Kyei Mensah Bonsu says the timing of the credit facility agreement raises "eyebrows."
He told Citi FM that many of the loan agreements are informed by the government's own policy and promises it has made to Ghanaians which a succeeding administration may not necessarily buy into.
Ghana heads to the polls in December and president John Mahama is facing a re-election bid with veteran politician Nana Akufo-Addo.
The minority leader makes the point that there could be a change of government following which some of these loan agreements will be binding on the next administration.
"It is not for nothing that government who have six months to go do not introduce any major decision that will bind the succeeding administration," he underscored.
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New Juaben North MP Dr Mark Assibey Yeboah also slammed the move as being unfair to the House.
"I'm surprised all of these have come by executive approval, this means the president failed to even engage his team of experts in cabinet," he said.
"Most of these loans were signed by the president on Monday, brought to parliament on Tuesday and was referred to the committee on Wednesday and we are expected to approve them, can a thorough job be done?" The MP questioned.
According to him, it makes no sense for the government to contract loans for projects that cannot begin before the elections.
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