Politics

NDCs Adongo Others Deserve To Be Arrested After Their “Propagandist” Presser Sam Payne

The Ashanti Regional Secretary of the New Patriotic Party (NPP), Sam Payne says the Minority in Parliament should be arrested following their press conference on Tuesday, September 3, 2019.

The Minority in Parliament held a press conference on the Bank of Ghana’s decision to spend GH¢23 billion to clean up the banking sector.

They are of a strong view that a fraction of the specified amount could be used to offset the energy sector debts and contractors’ indebtedness to the collapsed banks in the country.

Addressing the press in Accra, the Minority wondered why the government was ready to borrow the huge taxpayers’ money, equivalent to $6 billion for the cleanup exercise, yet it’s unable to settle its debts to contractors who largely accounted for the insolvency of the banks.

They further claimed the Central Bank’s action is a major cause of unemployment of about 25,000 staff of the affected banks.

“Why would a government be ready to borrow GH¢14 billion to close down banks and a further GH¢7 billion to close down savings and loans companies as well as GH¢2billion to shut microfinance companies, but was not ready to use a fraction of this amount to pay off government’s debts to contractors which largely accounted for this insolvency in several cases of the collapsed bank,” the Member of Parliament for Bolgatanga Central, Mr. Isaac Adongo, who spoke on behalf of his colleagues at the press conference asked.

But Sam Payne in a response on Wednesday edition of Peace FM’s “Kokrokoo” says the leaders of the press conference and the Minority should be apprehended for their propaganda stating emphatically that “democracy is cheap so everybody does what they want…if it is possible to arrest quack doctors then by this time Adongo and the Minority should have been arrested…what they did yesterday, does it make accounting of financial business sense…Was its not under your watch that UT Bank and Capital Bank collapsed?

“…what did they do about it…stop playing unnecessary propaganda against every issue. It is not good,” he said.

Watch full video below:

Source: peacefmonline.com

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