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DDEP: Leave Our Pensioners Alone – Bagbin Tells Finance Minister

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The Speaker of Parliament has asked the Finance Minister, Ken Ofori-Atta, not to touch monies belonging to pensioners. 

Alban Bagbin said the current economic crisis can be solved without the funds of the pensioner. 

Wrapping up on the business of the House on Thursday, February 16, the former Nadowli Kaleo MP said Parliament will resist any attempt to include funds of pensioners in the Domestic Debt Exchange Programme (DDEP). 

“…what I can tell you is that leave our pensioners alone. You can solve the problem without touching their small money.”

Already, the Finance Minister has confirmed that all pensioners who failed to tender their old bonds for new ones under the exercise have been exempted from the programme.

Addressing Parliament on the state of the Domestic Debt Exchange Programme, Mr Ofori-Atta said the pensioners have nothing to worry about.

Mr Ofori-Atta added that he has officially written to the pensioner bondholders who did not sign onto the Programme about their exemption from the exercise.

“Mr Speaker, Government remains committed to the well-being and dignity of our Senior Citizens and Pensioners. 

“Indeed, it has personally caused me great distress as a number of them have picketed at the premises of the Ministry of Finance since Monday, 6th February 2023

“As I have already indicated in my Press Release dated 14th February 2023, government will honour their coupon payments and maturing principals, like all Government bonds, in line with Government’s Fiscal commitments.”

Ghana is currently requesting a $3 billion bailout from the IMF to bolster the struggling national economy.

Before the Bretton Woods institution’s board would evaluate Ghana’s request, one of the requirements is the domestic debt restructuring scheme.

A staff-level agreement between Ghana and the IMF was achieved in December, opening the door for the $3 billion rescue.

Source: ghanafeed.com

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Menzgold: NAM1 enters a not guilty plea to allegations of money laundering, fraud, and other offences

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In 2019, the Attorney General launched an inquiry on NAM 1, accusing him of scamming hundreds of clients out of millions of Ghana cedis through his gold dealership enterprise. The case was adjourned numerous times until new charges were brought on August 30, 2023. Mr Appiah Mensah stated plans to unfreeze locked up cash of Menzgold clients in exchange for 650 for verification. Following that, he altered his intention to force former clients to obtain a verification access card in order to authenticate transactions and confirm claims, despite substantial public and consumer outcry.

Nana Appiah Mensah, the former CEO of Menzgold, also known as NAM 1, has pleaded not guilty to all 39 charges of wrongdoing.

Nana Appiah Mensah, widely known as NAM 1, was charged with 39 counts of crimes, including money laundering abetment, deceiving by false pretences, carrying out deposit-taking without the required licence, unlawful deposit-taking, and money laundering.

This is a decrease from the 61 counts originally filed against him.

In 2019, the Attorney General launched an inquiry on NAM 1, accusing him of scamming hundreds of clients out of millions of Ghana cedis through his gold dealership enterprise.

The case was adjourned numerous times until new charges were brought on August 30, 2023.

Mr Appiah Mensah stated plans to unfreeze locked up cash of Menzgold clients in exchange for 650 for verification.

Following that, he altered his intention to force former clients to obtain a verification access card in order to authenticate transactions and confirm claims, despite substantial public and consumer outcry.

Source: myjoyonline.com

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Limited Voter Registration: Two people detained for attempting to register twice

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Meanwhile, some party operatives are pleased with the outcome thus far.

Two people were detained in Asokore Mampong Municipality for allegedly attempting to double register in the current Limited Voters’ Registration Exercise.

According to Municipal EC official Angela Afriyie Osei, the two suspects were apprehended after being validated as people existing in the Electoral Commission’s database.

As a challenge to the procedure, Madam Angela Afriyie mentions duplicate registration and efforts to register minors.

“The challenge we have been facing is about the double registration. At times when applicants come and we interrogate them, they insist he or she hasn’t registered before but when they go to the biometric column then it will come out that the person has registered.

“At the moment, we’ve handed two to the police. On male and a female. Another issue is also with the registration of minors,” she indicated.

Meanwhile, some party operatives are pleased with the outcome thus far.

“So far, we are satisfied with the entire process except some few challenges but that aside, we are very much comfortable with the process. All in all, everything is great,” an agent told JoyNews.

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Black Sherif prophesy: Prophet Nigel Gaisie makes u-turn

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"We see in bits and pieces, and what I saw in the spiritual realm is Sherif Black, but any logical person can make projections and deductions from it." If I hear a prophecy about Ako and my name is Akosua, I will definitely act on it," he said in parables. Regardless, the man of God exhorted those who were convinced of the prophecy to fast and pray in order to avoid death. Prophet Gaisie, who dismissed charges that his doom prophecies concerning celebrities are only for fame, stated that he will quit making them public in order to prevent insults and derision.

Nigel Gaisie, the founder and head of the Prophetic Hill Chapel, has stunned Ghanaians by backtracking on his prophecy regarding artist Black Sherif.

Prophet Gaisie had a vision in which he witnessed the mother of musical sensation Black Sherif sobbing excessively in a post on his official Facebook page.

As a result, he pushed the musician to seek safety before December, implying his impending death.

However, in a recent interview, Prophet Gaisie clarified that the prophecy is for a particular Sherif Black and not the Konongo-based performer.

“We see in bits and pieces, and what I saw in the spiritual realm is Sherif Black, but any logical person can make projections and deductions from it.” If I hear a prophecy about Ako and my name is Akosua, I will definitely act on it,” he said in parables.

Regardless, the man of God exhorted those who were convinced of the prophecy to fast and pray in order to avoid death.

Prophet Gaisie, who dismissed charges that his doom prophecies concerning celebrities are only for fame, stated that he will quit making them public in order to prevent insults and derision.

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