Former President, John Dramani Mahama has admonished President Akufo-Addo on the Agyapa DEAL which has gotten a section of the public and some Civil Society Organizations (CSO) talking about it.
According to the Flag Bearer of the Opposition National Democratic Congress, President Akufo-Addo should cancel the deal which is shrouded in secrecy and it beneficial owners not known.
Addressing the Chiefs and people of Kaleo as part of his tour of the Upper West Region, Mr. Mahama said the deal is not in the best interest of the country and has to be canceled.
Former Executive Director of the Danquah Institute Gabby Asare Otchere-Darko, said some nine-year ago the Mills administration wanted to carry out a deal in the form of the current Agyapa Royalties agreement to monetize Ghana’s Gold on the international market.
He explained that unlike the current Agyapa Royalties which went to Parliament for deliberations, the NDC deal was shrouded in secrecy.
He was surprise however that with the current deal which has been sent to Parliament, some people still claim it is shrouded in secrecy.
“9yrs ago, one Government sought to set up a similar vehicle to monetize our gold royalties without even an Act of Parliament. Today, a Government does it with an Act of Parliament and it is accused of being opaque! MoF then set up the Ghana Gold Company Ltd,”Gabby said in a tweet.
But Mr. Mahama has said the deal is not in the best interest of the nation indicating that the consent of Ghanaians were not sought before it implementation.
He added “civil society and right thinking Ghanaians have all expressed misgivings about this Agyapa deal”.
This, according to the Flag Bearer of the NDC, does not augur well for the country.
Mr Mahama said a small group of people cannot arrogate to themselves the right to monetize the country’s gold royalties without building consensus with the chiefs and people, adding the Agyapa agreement does not serve Ghana’s national interest.