Government will engage Parliament about Agyapa deal – Akufo-Addo

President Akufo-Addo says government will come back to engage Parliament on the steps it intends to take on the future of the Agyapa transaction.

Delivering his State of the Nation (SONA) Tuesday, he hinted that the controversial deal that failed to see the light of day in the 7th Parliament will be resurrected in the 8th Parliament.

The Agyapa Royalties deal generated so much interest from several quarters because of the alleged controversies of conflict of interest, amongst others.

Some 15 Civil Society Organizations (CSOs) under the umbrella name Alliance of CSOs working on Extractive, Anti-Corruption and Good Governance also demanded the immediate suspension of the implementation of the controversial Special Purpose Vehicle, Agyapa Royalties Limited established by government though the Minerals Income Investment Fund.

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Former Special Prosecutor, Martin Amidu’s Corruption Risk Assessment on Agyapa deal also raised red flags over the deal, describing the deal as fraught with corruption.

In November 2020, the President directed then Finance Minister, Ken Ofori-Atta to send the deal back to Parliament after the Assessment.

Source: My Joy Online

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