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Editorial News of Thursday, 3 May 2001

Source: --

We'll retrieve stolen wealth

The New Patriotic Party (NPP) is gearing itself to win the economic war confronting the nation according to the Evening News.

For a start, the party intends to hunt down all those who have used their political positions to amass illegal wealth at the expense of the state and the good people of Ghana.

"The na?ve notion that we should save the NDC from their guilty feeling and reconcile this nation by extending goodwill (to them) and sweeping (their) evil deeds under the carpet is not only, but also, dangerous", says Kwadwo Afari, Press Secretary of the NPP.

According to Mr Afari, the NPP administration inherited an external debt of $5.8 billion while the domestic debt left behind for the government to grapple with was $1.7 billion.

Speaking in an interview with the paper in Accra on Wednesday, the NPP Press Secretary explained that the debt stock represented 224 per cent of exports and 709 per cent of budget revenue respectively.

"Contrary to what the NDC would want us to believe, the NPP was forced by the bad economic conditions inherited from the Rawlings' government to take the painful but necessary HIPC initiative", says Mr Afari.

He reminded all right thinking Ghanaians to note the subtle manoeuvres by NDC to divert public attention from the socio- economic issues confronting the country in order to scuttle President Kufuor's attempt to trace, recover and repatriate public funs suspected to have been looted by NDC functionaries and stashed away in foreign banks.