Minority Spokesperson on Finance, Cassiel Ato Forson, has described the Mineral Royalties deal as a stinking one.
According to Mr Forson, the legal team of the Minority will soon come out with its findings after their investigations into the deal and prove to Ghanaians that the deal is indeed not in their best interests.
“We are not going to let go of this issue because it stinks so much. Our legal experts are working tirelessly and in the coming days we will present findings from our own investigations into the deal,” he told host of Dwaso Nsem on Adom FM, CJ Forson, Wednesday.
Listen to Hon Ato Forson in the audio below:
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He noted that a quick assessment of the deal indicates Agyapa Royalties is supposed to be worth $3.7 billion and not the $1 billion posited by the government.
The former Deputy Finance Minister, also stated that although Parliament, particularly the Minority, has requested the documents on the deal on many occasions, the Finance Minister Ken Ofori Atta, has on all occasions declined to present the documents to the House.
The Agyapa Royalties deal
Parliament on August 14, approved the controversial Agyapa Mineral Royalty Limited agreement with the government of Ghana despite a walkout by the Minority.
Agyapa Royalties Limited, a Special Purpose Vehicle (SPV), according to the government, will help raise some $1 billion in immediate cash for some targeted developmental projects after its listing on the London Stock Exchange (LSE) as well as the Ghana Stock Exchange (GSE).
