Tepker, is hundredth of times far ahead in iq than this noise making chap.
Tepker, is hundredth of times far ahead in iq than this noise making chap.
USMAN 8 years ago
Gov't borrows money and give it to a Nigerian bank and, not even GCB, turns around to borrow it in the form of Treasury Bill so that Gov't can mop up excess liquidity in the system. And you call this sensible. Well, thank God ... read full comment
Gov't borrows money and give it to a Nigerian bank and, not even GCB, turns around to borrow it in the form of Treasury Bill so that Gov't can mop up excess liquidity in the system. And you call this sensible. Well, thank God I am not a university graduate.
Stoway 8 years ago
This type of illogical pronouncement, thinking and propagander is what Tekper is talking about. Go and help your Bawumia to read wide and stop the ignorance.
This type of illogical pronouncement, thinking and propagander is what Tekper is talking about. Go and help your Bawumia to read wide and stop the ignorance.
VVIP + NDC =COCAINE 8 years ago
INCOMPETENT, CORRUPT AND IGNORANCE tERKPER SHOULDN'T COMPARE HIMSELF TO OUR HONOURABLE DR ALHAJI PROPHET BAWUMIAH.
tERKPER, DO YOU HAVE pH.d?
SHUT UP THEN?
INCOMPETENT, CORRUPT AND IGNORANCE tERKPER SHOULDN'T COMPARE HIMSELF TO OUR HONOURABLE DR ALHAJI PROPHET BAWUMIAH.
tERKPER, DO YOU HAVE pH.d?
SHUT UP THEN?
Stoway 8 years ago
Do a research to learn and advise your dumb head and Bawumia how many finance secretaries and ministers who doesn't need Phd to function excellently!Bawumia has it and God knows how he got it and find out which field.
A PhD ... read full comment
Do a research to learn and advise your dumb head and Bawumia how many finance secretaries and ministers who doesn't need Phd to function excellently!Bawumia has it and God knows how he got it and find out which field.
A PhD who does not know that it is important to read wide and cross check facts before stating them.
A PhD who is under the impression that Ghana's running mate and presidency is selected based on religion. PhD my foot; he should read Tekper's CV and you do the same to see who is good.
Gudman 8 years ago
Minister please read FAA 2003 sec.21(5) which you referred to, you can seek interpretation
Minister please read FAA 2003 sec.21(5) which you referred to, you can seek interpretation
FREEDOM FROM THE TRUTH 8 years ago
NO LOGIC AND SUBSTANCE IS YOUR DIATRIBE. JUST UNFACTUAL BULLSHIT. WASTE OF AIR
NO LOGIC AND SUBSTANCE IS YOUR DIATRIBE. JUST UNFACTUAL BULLSHIT. WASTE OF AIR
Dessie 8 years ago
..SO THEN YOU ARE NOT NEAR ECONOMIC RULES AND REGILATIONS.What the minister is saying is far more logic than BAWUMIA RTHETORICS
..SO THEN YOU ARE NOT NEAR ECONOMIC RULES AND REGILATIONS.What the minister is saying is far more logic than BAWUMIA RTHETORICS
Haile Selaise Mengistus III 8 years ago
I just like that response from the Hon. Minister of Finance.
Dr Bawumi is just being petty, cheap and misleading.
I just like that response from the Hon. Minister of Finance.
Dr Bawumi is just being petty, cheap and misleading.
DusTY-FooT-pHiloSophER 8 years ago
In the kingdom of the blind, Kofi-One-Eye is “Mantse.” So, leave Bawumia to play his “Mantserian” prowess before his gullible supporters.
In the kingdom of the blind, Kofi-One-Eye is “Mantse.” So, leave Bawumia to play his “Mantserian” prowess before his gullible supporters.
j0eY l0nD0n 8 years ago
Hahahahahaha , one eye mantse paa Charlie cool down ! A one eyed King lol!
Hahahahahaha , one eye mantse paa Charlie cool down ! A one eyed King lol!
give us a break 8 years ago
OOO YEA.
OOO YEA.
Kwame D 8 years ago
Incomplete gov't how do you invest dollars into cedis why you are begging IMF for dollars Duck heads
Incomplete gov't how do you invest dollars into cedis why you are begging IMF for dollars Duck heads
Dk 8 years ago
It's not circumcised but rather circumspect.
Otooleger!
It's not circumcised but rather circumspect.
Otooleger!
DR TRUTH 8 years ago
YOU CARRY $250 MILLION OF A COUNTRY'S MONEY INTO A FOREIGN/
NIGERIAN OWNED BANK AND YOU SEE NOTHING WRONG WITH THAT? WHAT IF THAT BANK FOLDS UP/COLLAPSE SUDDENLY? WHAT IF A ROGUE TRADER AT THE BANK CAUSES HUGE FINANCIAL LOS ... read full comment
YOU CARRY $250 MILLION OF A COUNTRY'S MONEY INTO A FOREIGN/
NIGERIAN OWNED BANK AND YOU SEE NOTHING WRONG WITH THAT? WHAT IF THAT BANK FOLDS UP/COLLAPSE SUDDENLY? WHAT IF A ROGUE TRADER AT THE BANK CAUSES HUGE FINANCIAL LOSS TO THE BANK? WHAT IS THIS MAN THINKING? USING GHANA MONEY FOR PONZI SCHEMES TO EARN INTERESTS? CAN YOU IMAGINE US GOVT WITHRAWING STATE FUNDS FROM US FED CENTRAL BANK AND PLACING IT IN TRUST OF PRIVATE BANKS SUCH AS LEHMAN BROTHERS OR UK GOVT DEPOSITING STATE FUNDS IN PRIVATE BANKS?
Iddris Yussif 8 years ago
Aaaaah,look at anoda dumb!!! Like his boss,Bawumia, do think UBA is a micro finance company like DKM, God. Is love etc.
Aaaaah,look at anoda dumb!!! Like his boss,Bawumia, do think UBA is a micro finance company like DKM, God. Is love etc.
Stoway 8 years ago
Terkper has indeed schooled Bawumia about finance and the law! Bawumia is a poor researcher and a lazy person who probably was given a Phd as a reward for doing a particular foolish job.
He knows nothing about how laws are i ... read full comment
Terkper has indeed schooled Bawumia about finance and the law! Bawumia is a poor researcher and a lazy person who probably was given a Phd as a reward for doing a particular foolish job.
He knows nothing about how laws are interwoven. He is a chew and poor Phd. never progressive and he call himself an economist..my foot!
He need to begin reading wide and stop fooling and disgracing himself.
PRINCE KWASI ADADE ( OFIE P33 ) 8 years ago
DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there ... read full comment
DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there is the issue of prudence in the management of Ghana’s resources. How do you go and borrow money for 10.75% (US dollar) and give it to someone to lend it to you at over 20% (GHC)? In effect you are paying over 30%! Assuming stable exchange rates, Ghana will be paying additional interest of at least $50 million a year on this transaction. It really is reckless. The government is claiming that the funds were “idle”. Really? What does that mean? Why do you borrow funds and pay interest on it if you do not have use for them at the moment? It is clear that the GIIF does not have a portfolio of projects ready to invest in and it is weird to allocate a whopping sum of $250 million to them at this time. Is the Minister aware that the country owes N-Gas some $100 million? What about other contractors who are owed money by the government? How can you owe so much, have so much to do and yet claim to have “idle” borrowed funds? The allocation of such an amount to a private bank also has major macroeconomic consequences for a relatively small economy like Ghana. It increases the deposits of the banking system and ultimately the money supply. It has inflationary and exchange rate depreciation consequences and would make it more difficult for the government to meet its inflation target. I am surprised that the government is oblivious of these consequences. The Funds should stay at the Bank of Ghana. After all the Bank of Ghana, on its own or through its external fund managers of the caliber of internationally reputable banks like UBS, JP Morgan, Citibank, Merrill Lynch etc. can undertake whatever investment of the country’s foreign exchange that the government would like it to undertake
fiifi 8 years ago
kwasia..sua nyansa
kwasia..sua nyansa
USMAN 8 years ago
What a mediocre Tekper is.
What a mediocre Tekper is.
SHAMEFUL BAWUMIA 8 years ago
AHBAA...BAWUMIA WE ARE TIRED OF YOU...SO WHO IS YOUR INFORMANT AT BOG...WHO EVER HE OR SHE IS SHOULD FIND SOMETHING MEANINGFUL TO DO...AND STOP THIS PETTINESS...
AHBAA...BAWUMIA WE ARE TIRED OF YOU...SO WHO IS YOUR INFORMANT AT BOG...WHO EVER HE OR SHE IS SHOULD FIND SOMETHING MEANINGFUL TO DO...AND STOP THIS PETTINESS...
Kay 8 years ago
Why are Ghanaians tolerating these incompetence. Tekper must surely be jailed with his cronies when ndc is booted out of power.Pure thievery.
Why are Ghanaians tolerating these incompetence. Tekper must surely be jailed with his cronies when ndc is booted out of power.Pure thievery.
Appiah 8 years ago
Terkper has spoken facts, it shows the dishonesty in our politics. Instead of challenging the facts or condemning Bawumai for his lies, see what you are saying
Terkper has spoken facts, it shows the dishonesty in our politics. Instead of challenging the facts or condemning Bawumai for his lies, see what you are saying
Appiah 8 years ago
This man must stop himself from leading the NPP propaganda. Very soon he will be no different from any SERIAL CALLER
This man must stop himself from leading the NPP propaganda. Very soon he will be no different from any SERIAL CALLER
Salifu 8 years ago
To you the economy of the country is in good shape? The fact is, Seth Terkper is not giving answers to the problems raised by DR BAWUMIAH. Period!
To you the economy of the country is in good shape? The fact is, Seth Terkper is not giving answers to the problems raised by DR BAWUMIAH. Period!
Stoway 8 years ago
It is only another ignorant who will answer question from an ignorant being like Bawumia. Seth Tekper knows that, the reason he calls him ignorant.
You see, among all NPP leadership there is nobody who understand indepth wha ... read full comment
It is only another ignorant who will answer question from an ignorant being like Bawumia. Seth Tekper knows that, the reason he calls him ignorant.
You see, among all NPP leadership there is nobody who understand indepth what an economy is so they depend on Bawumia for dumb answers and fact twisting. They think he is a gem. No wonder in a group of blind men. one eyed person is the King.
fiifi 8 years ago
wo Y3 kwasia paaaa
wo Y3 kwasia paaaa
kkk 8 years ago
This block headed bawumia is always confusing. He was only a deputy GOB.
Why is he be having like he ever signed the Ghana currency as GOB? He was also never even a deputy minister in that regard? He and other few, are just ... read full comment
This block headed bawumia is always confusing. He was only a deputy GOB.
Why is he be having like he ever signed the Ghana currency as GOB? He was also never even a deputy minister in that regard? He and other few, are just disgracing the PhD. Oh Nana and bawumia, two low grades graduates who want to rule Ghana at all cost. Bawumia, they say read wide okay. Word to the wise is in the north. Are you not from the north? Reason? ? ?
AMEYAW 8 years ago
Bawumia has an ego problem. He thinks he is the only knowledgeable person that Ghana has.
I think Tekper has been too lenient in dealing with Bawumia and his lies.
Bawumia has an ego problem. He thinks he is the only knowledgeable person that Ghana has.
I think Tekper has been too lenient in dealing with Bawumia and his lies.
Appiah 8 years ago
I agree with you. He thinks there is only school/university of economics and only he Bawumia ever completed that school/university
I agree with you. He thinks there is only school/university of economics and only he Bawumia ever completed that school/university
Ritewing 8 years ago
What did Bawumia say which you consider a lie? Terkper in his response has admitted that he indeed transferred your $250 million to a Nigerian Bank here in Ghana. For safekeeping I presume. You see nothing wrong with this?
What did Bawumia say which you consider a lie? Terkper in his response has admitted that he indeed transferred your $250 million to a Nigerian Bank here in Ghana. For safekeeping I presume. You see nothing wrong with this?
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 8 years ago
Tekper's said, instead of the money sitting in the Bank of Ghana account and earning zero interest (no interest) as time is passing by and Ghana is accruing interest on the principal amount that we borrowed, it was far pruden ... read full comment
Tekper's said, instead of the money sitting in the Bank of Ghana account and earning zero interest (no interest) as time is passing by and Ghana is accruing interest on the principal amount that we borrowed, it was far prudent to but the idle money sitting in the Bank of Ghana account to good use by transferring it into the bank account of the entity that the said amount was originally allotted to. By so doing, the money will earn some interest. This is better than the zero interest that you NPP fools are rather wanted.
NPP fucking fools are like the proverbial servant that Jesus spoke about in the bible, the one who buried his capital/principal and told his master that he is wicked and returned the money given him without and accrued profit.
Charles 8 years ago
BAWUMIA BALAWU BULUU
BAWUMIA BALAWU BULUU
Jolly 8 years ago
Fool
Fool
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 8 years ago
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO
fiifi 8 years ago
wo Y3 kwasia paa wa te
wo Y3 kwasia paa wa te
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 8 years ago
YOUR FUCKING PROSTITUTE MOTHER!
YOUR FUCKING PROSTITUTE MOTHER!
Kojo@ 8 years ago
npp guru is as useless as the party itself.
npp guru is as useless as the party itself.
iowa 8 years ago
Thievery with impunity....
Thievery with impunity....
Jas 8 years ago
You pass $250 million to a bank they pay you peanuts interest then lend you the money back for bonds at crazy high interest and you say that is correct (yes you are technically within the law but it smacks of shit)
You pass $250 million to a bank they pay you peanuts interest then lend you the money back for bonds at crazy high interest and you say that is correct (yes you are technically within the law but it smacks of shit)
STEVE 8 years ago
In my opinion, the NPP has no progress or national development messages for the people of Ghana, and are left with no option but to turn all positive achievements of the current Government to negative to deceive the masses.Gh ... read full comment
In my opinion, the NPP has no progress or national development messages for the people of Ghana, and are left with no option but to turn all positive achievements of the current Government to negative to deceive the masses.Ghana is moving forward under Mahama & the NDC, and Ghanaians will regret the discontinuation of the process. They did it to Nkrumah and the CPP, and that is what Ghanaians are experiencing today, hardships. Be wise and vote wisely for progress, vote for Mahama & the NDC, discard the NPP. (UNITED PARTY)
NDC YAAMUTU. 8 years ago
HAHAHA,ARE YOU NORMAL?.WITH ALL THE HARDSHIP NDC HAS CREATED WE MUST STILL VOTE FOR THEM?.WHERE IS YOUR BRAIN?.DON'T YOU KNOW WHAT TERKPE HAS DONE IS AGAINST THE LAWS OF THIS COUNTRY?.WHERE ON EARTH CAN THIS THING HAPPEN?.THI ... read full comment
HAHAHA,ARE YOU NORMAL?.WITH ALL THE HARDSHIP NDC HAS CREATED WE MUST STILL VOTE FOR THEM?.WHERE IS YOUR BRAIN?.DON'T YOU KNOW WHAT TERKPE HAS DONE IS AGAINST THE LAWS OF THIS COUNTRY?.WHERE ON EARTH CAN THIS THING HAPPEN?.THIS LIAR AND THIEF MUST RESIGN NOW BECAUSE SINCE HE BECAME THE FINANCE MINISTER,THE ECONOMY OF THIS COUNNTRY HAS SHRINKED DUE TO THEIR BORROWING AND LOOTING STRATEGIES.WHAT IS THE SENSE IN TERKPE'S EXPLAINATION?.NDC HAS FAILED AND MUST GO,THEIR UNSTOPPABLE TASTE OF BORROWING AND LOOTING IS STINKY.
Tibaa 8 years ago
Bawumia has lost his academic credentials on the alter of cheap political diatribe. In the process, he has become the most poisonous political charlatan in the history of Ghana.
Bawumia should know that, at times, the pen ... read full comment
Bawumia has lost his academic credentials on the alter of cheap political diatribe. In the process, he has become the most poisonous political charlatan in the history of Ghana.
Bawumia should know that, at times, the pen is poisonous than the sword.
Shame on you.
RAYMOND NASH 8 years ago
Dr Bawumia is only trying to prove that the money has been moved to be used for electioneering purposes by NDC.
I am inclined to believe that even if they did not touch the actual money, the interest earned would be diverted ... read full comment
Dr Bawumia is only trying to prove that the money has been moved to be used for electioneering purposes by NDC.
I am inclined to believe that even if they did not touch the actual money, the interest earned would be diverted to the NDC, because nobody was aware it has been re-invested to yield profit.
Naa Aku 8 years ago
Your assertion is baseless. Bawumia is only doing the dirty work of the Npp by deliberately twisting facts to misinformed the public. At this point, the Akuffo Addo/Bawumia ticket are holding on to their last straws, employin ... read full comment
Your assertion is baseless. Bawumia is only doing the dirty work of the Npp by deliberately twisting facts to misinformed the public. At this point, the Akuffo Addo/Bawumia ticket are holding on to their last straws, employing desperate measures without regards to consequences. Vote wisely...
KK 8 years ago
If you access to previlege information, it is immoral to use it for political propaganda. JM became president because of his gentle approach to politics. So were Atta Mills and JA Kuffuor. Bawumia should take cue from this an ... read full comment
If you access to previlege information, it is immoral to use it for political propaganda. JM became president because of his gentle approach to politics. So were Atta Mills and JA Kuffuor. Bawumia should take cue from this and learn to be gentle if he wants to attain heights in politics, not to be hot headed like his master; an attribute keeping Nana from his dream since 92.
Abena 8 years ago
This is not the time for sweet talks , the boat is sinking and we are in it together. Terkper must challenge the facts. How long can we continue to pay for others thievery?
This is not the time for sweet talks , the boat is sinking and we are in it together. Terkper must challenge the facts. How long can we continue to pay for others thievery?
TULA 8 years ago
This minister is rather naive and has a criminal mind like Woyome and most people in the NDC ; how on earth do you go to the bond market borrow at 10.25% and lend the same money to a local bank at say 15%; the bank then uses ... read full comment
This minister is rather naive and has a criminal mind like Woyome and most people in the NDC ; how on earth do you go to the bond market borrow at 10.25% and lend the same money to a local bank at say 15%; the bank then uses the same money to buy treasury government treasury bills which means lending it to the same government at 24% and then says they are making a profit ;What criminal and illogical thinking has Seth Terpkor forgootten that the value of these Treasury bills in cedis depreciate over time and that the economy is not stable in Ghana because inflation is at almost 20% ; there instability in the exchange rate because the cedi is been supported by an IMF programme of which when it ends will send the cedi out of control ;there are two major side efects ; at the moment industry is starved of funds because these banks wil not lend to industry but will rather only lend to the government as an easy option to make money ; banks in Ghana are not lending for industry to thrive secondly seth terpkor should read the BOG rules regarding the use of of loans and restrictions on them besides does Seth Terpkor think the syndicated bond market lenders including these big banks will allow them to use the lons to buy treasury bills in the US or China or the UK because these monies are suppose to injected into the productive economy to be of benefit besides it the fact that in the absence of creative minds to create wealth the easy way out is to for the government seek funds through treasury bill which are purchased by Banks and 'Kaya-yei' in Ghana ; Seth Terpkor is not a creative minister he is just at a dead end and do not know what to do .
EK, Cape coast 8 years ago
Some of these stupid ndc guys here, when will learn to read. The minister says the money was idle in the account. How can you borrow and keep it in an idle account. Stupidity. We are just fed-up with useless policies.
Some of these stupid ndc guys here, when will learn to read. The minister says the money was idle in the account. How can you borrow and keep it in an idle account. Stupidity. We are just fed-up with useless policies.
Bawa Navrongo 8 years ago
why do you go and borrowed the money and called it idle money and transferred it to a Nigeria commercial bank for you to earn interest on it? posterity will judge you and your government. we live to see.
why do you go and borrowed the money and called it idle money and transferred it to a Nigeria commercial bank for you to earn interest on it? posterity will judge you and your government. we live to see.
Yaw Mene 8 years ago
Thank God for the Ahwois and Prof.Atta Mills for unearthing this quite but talented son of Ghana to hold this very important position in Govenment.
Thank God for the Ahwois and Prof.Atta Mills for unearthing this quite but talented son of Ghana to hold this very important position in Govenment.
adanko 8 years ago
MR TEKPEY THESE ARE THE CRSZY THINGS YOU HAVE BEEN DOING ALL THESE YEARS TO CREATE DIFFICULTIES IN THE ECONOMY. GOVT BORROWS AT 10% + TO LEND AND PAYS 20% BACK ON TRASURY BILLS TO THE PERSON WHO HE LENT TO. SO WHY DID WE G ... read full comment
MR TEKPEY THESE ARE THE CRSZY THINGS YOU HAVE BEEN DOING ALL THESE YEARS TO CREATE DIFFICULTIES IN THE ECONOMY. GOVT BORROWS AT 10% + TO LEND AND PAYS 20% BACK ON TRASURY BILLS TO THE PERSON WHO HE LENT TO. SO WHY DID WE GO TO BORROW IF WE HAD NO IMMEDIATE USE FOR THE FUNDS??? THAT IS WHAT BAWUMIA IS TALKING ABOUT. BY BEING ABUSIVE AND INSULTING YOU ARE SHOWING HOW INTOLERANT YOU ARE TO BETTER ADVISE. YOU AND MAHAMA ARE THE CAUSE OF OUR ECONOMIC WOES!!
cudjoe 8 years ago
That is exactly the issue. The money was sitting idle @ BOG meaning we have no immediate use for it. Why did we then borrowed it in the first place and be paying huge interest on it? I smell a fish
That is exactly the issue. The money was sitting idle @ BOG meaning we have no immediate use for it. Why did we then borrowed it in the first place and be paying huge interest on it? I smell a fish
John Kool 8 years ago
Mr. Tekper you are on the wrong side!
No reasonable man will give his money for safe keeping and then turn around to borrow from that same and pay interest.
Minister, your economics here is shallow. You seem to be the ignor ... read full comment
Mr. Tekper you are on the wrong side!
No reasonable man will give his money for safe keeping and then turn around to borrow from that same and pay interest.
Minister, your economics here is shallow. You seem to be the ignorant one in this debate.
Kofi (USA) 8 years ago
Bawumia you are right. If you fo not mention it the will use false program and campaign with thr money. Gyeeda sada etc
Bawumia you are right. If you fo not mention it the will use false program and campaign with thr money. Gyeeda sada etc
Jay 8 years ago
Bawumia cannot school anybody cos he is a pathological liar and a useless economist. Why should we vote for a liar who will only come and frame figures for us in the long run. Terkper leave this frustrated idiot alone
Bawumia cannot school anybody cos he is a pathological liar and a useless economist. Why should we vote for a liar who will only come and frame figures for us in the long run. Terkper leave this frustrated idiot alone
Ataa 8 years ago
What did he lie about? That the 250million was moved without parliamentary approval? That it was placed in another bank? Who are the owners of that secondary bank? For all you know, someone close to someone deee inside.
What did he lie about? That the 250million was moved without parliamentary approval? That it was placed in another bank? Who are the owners of that secondary bank? For all you know, someone close to someone deee inside.
Jay 8 years ago
Is this bawumia normal at all cos he kept lying without pausing to judge his conscience
Is this bawumia normal at all cos he kept lying without pausing to judge his conscience
gh first 8 years ago
Without wisdom my people parish...get wisdom wai,it will help your next generation.
Without wisdom my people parish...get wisdom wai,it will help your next generation.
NDC YAAMUTU. 8 years ago
ASK TERKPE WHY GHANA HAS AN IDLE MONEY BUT TEACHERS DON'T HAVE COMMON CHALKS AND TEXT-BOOKS TO DO THEIR WORK?.A THIEF HAS DIFFERENT STORIES TO TELL WHEN HE'S CAUGHT.NDC IS NOT A POLITICAL PARTY BUT A BUNCH OF CRIMINALS AND LI ... read full comment
ASK TERKPE WHY GHANA HAS AN IDLE MONEY BUT TEACHERS DON'T HAVE COMMON CHALKS AND TEXT-BOOKS TO DO THEIR WORK?.A THIEF HAS DIFFERENT STORIES TO TELL WHEN HE'S CAUGHT.NDC IS NOT A POLITICAL PARTY BUT A BUNCH OF CRIMINALS AND LIARS WHO ARE THERE TO ENRICH THEMSELVES BUT NOT HELP THE NATION.WHICH GOVERNMENT DOESN'T DO PROJECTS?.THE MONEY THESE PEOPLE HAVE BORROWED AND THE INCOME FROM OUR EXPORTS CAN BUILD FIVE NEW CITIES WITH FACTORIES LIKE TEMA BUT DUE TO LOOTINGS AND MISMANGEMENT,DESPERATE MAHAMAH HAS A LITTLE TO SHOW.IF MAHAMAH'S CHANGING GHANA IS STARVING,LACK OF MEDICINE IN THE HOSPITALS,INCREAMENT OF FUEL, ELECTRICITY AND ETC THEN NDC'S BETTER GHANA IS A SUICIDAL.WE WILL VOTE ACCORDING TO OUR LIVING STANDARD BUT NOT ON HIS SHODDY PROJECTS PROPAGANDA AND LIES.NDC YAAAAAMUUUTU.SO TERKPE TOO IS INCOMPETENT LIKE OGWAN FUNU MAHAMAH,HAHAHA,AGYA YEWUOOOOooooh.
AMA TX USAs 8 years ago
He is 100% better than you if you have listen to his advice Ghana will never be as it is now bow down your head in shame
He is 100% better than you if you have listen to his advice Ghana will never be as it is now bow down your head in shame
Jay 8 years ago
It is true tekper is lenient with this liar. We dont need this liars and thugs in the castle
It is true tekper is lenient with this liar. We dont need this liars and thugs in the castle
CHE 8 years ago
A whole finance minister borrows money from the international money market only to allow it to lie fallow without using it for the earmarked purpose over more than a year? If the purpose for which you borrowed the money - ost ... read full comment
A whole finance minister borrows money from the international money market only to allow it to lie fallow without using it for the earmarked purpose over more than a year? If the purpose for which you borrowed the money - ostensibly for INFRASTRUCTURAL DEVELOPMENT -is not ready for take off, then you are inept and not fit to be a finance minister because notwithstanding the investment you make on the local market, your high exchange rate and high rate of inflation make nonsense of any meaningful rate of return compared with what you pay in foreign exchange as interest to the foreign lenders. TERPKER CANNOT RATIONALIZE THIS IDIOCY.
TRISTY 8 years ago
SETH TEKPER HAS EXPOSED BAWUMIA. GOOD JOB.DON'T MID THE EMPTY BARREL, DISPLAYING HIS IGNORANCE AND STUPIDITY.
SETH TEKPER HAS EXPOSED BAWUMIA. GOOD JOB.DON'T MID THE EMPTY BARREL, DISPLAYING HIS IGNORANCE AND STUPIDITY.
Nana Kuffuor Akuffo.I 8 years ago
Oh Bawumiah, NPP is gradually limiting your image,before you realize,you are done to full disgrace and you will be dumped like a falling debris.Think well, Mr.
Oh Bawumiah, NPP is gradually limiting your image,before you realize,you are done to full disgrace and you will be dumped like a falling debris.Think well, Mr.
Ghanaba Babs in the Diaspora 8 years ago
Tekper is the real master. He has said it as it is. Bawumia's nose has been bloodied in this argument.
Tekper is the real master. He has said it as it is. Bawumia's nose has been bloodied in this argument.
Abena 8 years ago
Corrupt politicians thrieve on the ignorance of people. Terkper must resign
Corrupt politicians thrieve on the ignorance of people. Terkper must resign
Good Job, Dr Bawumia. 8 years ago
I didn't know Terkper, a whole finance minister, could be such a dunce. So how long is the money going to remain idle, because that is what it is still doing in the Nigerian bank. Did we borrow the money to stock other banks ... read full comment
I didn't know Terkper, a whole finance minister, could be such a dunce. So how long is the money going to remain idle, because that is what it is still doing in the Nigerian bank. Did we borrow the money to stock other banks from whom we will turn round and borrow at a higher rate of interest? A minister saying money is idle in an economy such as ours? Why did they borrow more than we needed since that entails more interest payments? Very soon they would have kept the whole money plus the meager interest and consigned them to their private accounts. The criminals know what they are doing. All Ghana's monies are at their beck and call. "Powerful" ministers, dangerous ministers under a criminal conniving president! Where else has Terkper hidden more such monies? Bawumia, please find out and expose him. Good job. We are dead.
Yaoga 8 years ago
Tekpernomics and economics. Just resign in shame. Why then have we dropped from middle income to IMF bailout? Because of tekpernomics.
Tekpernomics and economics. Just resign in shame. Why then have we dropped from middle income to IMF bailout? Because of tekpernomics.
Yaw 8 years ago
The whole issue is about transparency in the financial dealings of this government. Lending the money to a private bank means they would just collect the profit and share or put it into NDC accounts, and no one would be able ... read full comment
The whole issue is about transparency in the financial dealings of this government. Lending the money to a private bank means they would just collect the profit and share or put it into NDC accounts, and no one would be able to trace it. Terkper just corroborated what Bawumia said. For me I understand Bawumia very well. This transaction was pure 419.
kay 8 years ago
tekper knows all this but still the economy is sick hahahaha
tekper knows all this but still the economy is sick hahahaha
DDT 8 years ago
Bawumia image is sinking all the time. He needs to be smart before things get worse. Ghanaians are smarter and wiser than he thought.
Bawumia image is sinking all the time. He needs to be smart before things get worse. Ghanaians are smarter and wiser than he thought.
Jay+++++++++++++London 8 years ago
The substance of Bawumia's accusation that he keeps mentioning is that the money must be moved from the bank of Ghana.
But Tekper is trying to confuse things with is interest accruing to the transferred money even though t ... read full comment
The substance of Bawumia's accusation that he keeps mentioning is that the money must be moved from the bank of Ghana.
But Tekper is trying to confuse things with is interest accruing to the transferred money even though that in itself is not copper-bottom fact.
You transferred state money to a private bank and turned around to borrow from the same money.
Common stop insulting as insulting is a sign of losing the argument.
Bawumia is accusing you of a WRONG DOING, he is not getting personal toward you so there was no need to call him ignorant.
Tekper could challenge Bawumia to a debate on the issue in public so that all can see the TRUTH.
kutsi 8 years ago
Any respectable person who associates with Akufo Addo is eventually disgraced. See how a fine gentleman like Bawumia has smeared his face with dwarf shit? Bawumia has become a laughing stock and an economic caricature. I pit ... read full comment
Any respectable person who associates with Akufo Addo is eventually disgraced. See how a fine gentleman like Bawumia has smeared his face with dwarf shit? Bawumia has become a laughing stock and an economic caricature. I pity Bawumia for allowing the evil old dwarf to hypnotise him into weird hallucinations about financial and economic matters. Bawumia should repent and join his father's party the NDC to avert further disgrace and embarrassment.
Abena 8 years ago
This man is deep in knowledge. By the Bank of Ghana Act, it is only the Bank of Ghana that is authorised to hold our foreign currency.Hmmm! Terkper must be prosecuted.
This man is deep in knowledge. By the Bank of Ghana Act, it is only the Bank of Ghana that is authorised to hold our foreign currency.Hmmm! Terkper must be prosecuted.
BENONY TONY AMEKUDZI, ESQ. 8 years ago
BENONY TONY AMEKUDZI, BARRISTER-AT LAW, QCL, PLC, DPA, CPA, BA (HONS) {GHANA}, MASTER OF LAWS (LLM) {NEW YORK, USA} PENDING, MEMBER, INTERNATIONAL (WORLD/GLOBAL) BAR ASSOCIATION, MEMBER, COMMONWEALTH LAWYERS ASSOCIATION, ASSO ... read full comment
BENONY TONY AMEKUDZI, BARRISTER-AT LAW, QCL, PLC, DPA, CPA, BA (HONS) {GHANA}, MASTER OF LAWS (LLM) {NEW YORK, USA} PENDING, MEMBER, INTERNATIONAL (WORLD/GLOBAL) BAR ASSOCIATION, MEMBER, COMMONWEALTH LAWYERS ASSOCIATION, ASSOCIATE MEMBER, AMERICAN BAR ASSOCIATION, MEMBER, GHANA BAR ASSOCIATION
EBAA LAW CONSULT
ORCA DECO (TOKU) BUILDING, 1ST FLOOR
P.O. BOX AN 5966
ACCRA.
GHANA.
BENONY TONY AMEKUDZI, INTERNATIONAL LAWYER photo BenonyTonyAmekudzi2.jpg
BENONY TONY AMEKUDZI, INTERNATIONAL LAWYER/LEGAL CONSULTANT
TEL: 0545758633
MOBILE PHONE NO: 0245848560
TO: H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA
HON. MINISTER OF FOREIGN AFFAIRS & REGIONAL INTEGRATION HANNAH TETTEY
HON. MINISTER OF JUSTICE & ATTORNEY GENERAL OF GHANA MARIETTA BREW APPIAH-OPPONG
HON. MINISTER OF INTERIOR PROSPER BANI
HON.MINISTER OF FINANCE SETH TERKPER
HON. MINISTER OF COMMUNICATIONS DR. OMANE BOAMAH
HON. MINISTER OF DEFENCE OF GHANA KUMBOUR
INSPECTOR GENERAL OF GHANA POLICE SERVICE JOHN KUDALOR
DIRECTOR OF BNI
COMMISSIONER OF CHRAJ
CHIEF EXECUTIVE OFFICER OF YAHOO.COM
INFO TO:
H.E.DR.MR.PRESIDENT BARACK OBAMA
H.E.PRESIDENT OF EUROPEAN UNION DONALD TUSK
H.E.CHAIRPERSON OF AFRICAN-UNION
HON. SECRETARY OF STATE JOHN KERRY
H.E.SECRETARY GENERAL OF UNITED NATIONS BAN KI-MOON
PRESIDENT OF WORLD BANK JIM YONG KIM
H.E.SECRETARY GENERAL OF THE COMMONWEALTH
H.E.SECRETARY GENERAL OF THE ARAB LEAGUE
HON. UNITED STATES OF AMERICA ATTORNEY GENERAL
DIRECTOR OF FBI
DR.ELI YABANI, BAPTIST PASTOR, ACCRA.
SPECIAL INFO ALERT TO:
HOLY FATHER POPE FRANCIS 1
DATE: TUESDAY, MAY 10, 2016
SUBJECT: TO REGRETTABLY REPORT AGAIN OF CYBER/INTERNET RELATED ATTACKS/FRAUD PERPETRATED AGAINST MY "tonyamekudzi@Yahoo.com" E-MAIL SITES, THERETO.
THAT THE CYBER/INTERNET RELATED ATTACKS/FRAUD PERPETRATED AGAINST MY E-MAILS SITES ARE NOT ONLY "SHAMEFUL BUT ALSO CRIMINAL" AND URGENTLY NEED AN INVESTIGATIONS, THERETO.
THAT IN VIEW OF THE ABOVE THAT THE E-MAIL SENT TO ME AGAIN ABOUT "GLOBAL AWARDS" HAS ALSO BEEN REMOVED FROM THE E-MAIL SITES BY THE PERPETRATORS OF THESE RELATED HEINOUS AND SHAMEFUL CRIME, THERETO.
THAT THOSE WHO ARE NOT ASHAMED BUT RESORTED TO MY E-MAIL SITES AND MARKING THE E-MAILS WITH THE "BLACK STAR" AND ALSO TURNING THEMSELVES AS THE E-MAIL BELONGS TO THEM SHOULD BE ASHAMED OF THEMSELVES, THERETO.
THAT IT IS NOTE WORTHY TO SET THE RECORDS STRAIGHT THAT HON. MINISTER OF INTERIOR PROSPER BANI INTIMATED SOMETIME IMMEDIATELY HE HAS BEEN APPOINTED MINISTER OF INTERIOR THAT THEY WOULD RESORT "TO MARKING SOME E-MAILS" AND ALSO HON.MINISTER OF FINANCE SETH TERKPER IS ALSO SUSPECTED TO BE DOING SOMETHING ABOUT MY E-MAILS, THERETO.
THAT IT BEHOOVES ON ME TO RESPECTFULLY SUBMIT THAT I ALSO SUSPECTED SOME OFFICIALS OF THE OPPOSITION PARTIES IN GHANA TO HAVE SOMETHING DOING ABOUT MY E-MAILS SITES, THERETO.
THAT WHEN I WAS RESIDENT IN AMERICA THAT TOGETHER WE WORKED VERY HARD WITH H.E.DR.MR>PRESIDENT BARACK OBAMA, THE ADMINISTRATION THEREAFTER I HELPED H.E.MR>FORMER PRESIDENT GEORGE W.BUSH ADMINISTRATION AND GHANA BENEFITED FROM BOTH ADMINISTRATIONS OVER $1 BILLION AND EVEN MONEYS GIVEN TO ME THROUGH GHANA GOVERNMENTS THAT I HAVE STILL NEVER RECEIVED ANY AND GHANA GOVERNMENT HERSELF ALSO NEVER HELPED ME.
THAT AT A CERTAIN PERIOD OF TIME WHEN I WAS RESIDENT IN NEW YORK THEN THAT I PAID A VISIT TO MY UNCLE DR. ELI YABANI WHO WAS THEN A STUDENT AT A BAPTIST SEMINARY IN RALIEGH, NORTH CAROLINA..
THAT THERE WAS A GHANAIAN PASTOR BANI WHO WAS ALSO RESIDENT THEN IN RALEIGH, NORTH CAROLINA AND HAD A SMALL GHANAIAN COMMUNITY CHURCH AND WHO ALSO TOLD ME HE DEALT WITH SOME NGO'S, THERETO.
THAT WHILE WAITING TO GET INTO THE LAW PRACTICE IN NORTH CAROLINA THAT I WAS ADVISED TO APPLY FOR TEACHING POSITION IN THE PUBLIC SCHOOLS, THERETO.
THAT I DULY DID APPLY FOR THE TEACHING POSITION AND PASTOR BANI AFTER MY TRANSCRIPTS AND CREDENTIALS HAD BEEN CERTIFIED THAT HE INFORMED ME THAT HE ALONE WAS GOING TO SUBMIT THE APPLICATION TO THE PUBLIC SCHOOLS ON MY BEHALF, THERETO.
THAT HE DULY INFORMED ME THAT HE DID SUBMIT THE APPLICATION WHEN I WAS RETURNING TO NEW YORK.
THAT MY UNCLE DR.ELI YABANI CALLED ME FROM RALEIGH, NORTH CAROLINA THAT A LETTER WAS SENT TO ME FROM THE RALEIGH PUBLIC SCHOOLS AND I DULY INTIMATED TO HIM TO OPEN THE LETTER AND TO READ IT TO ME ON PHONE AND HE DID.
THAT THE GIST OF THE LETTER WAS THAT "MY APPLICATION WAS COMPLETE AND SUCCESSFUL AND TO CALL AN 800 TOLL FREE NUMBER FOR FURTHER INSTRUCTIONS".
THAT I DULY REQUESTED MY UNCLE DR.ELI YABANI TO CALL THE 800 TOLL FREE NUMBER ON MY BEHALF AND HE DID AND HE INFORMED ME THAT THE SAME MESSAGE WAS REPEATED, THERETO.
THAT I WAITED FOR THE APPOINTMENT LETTER BUT TO NO AVAIL AND THAT MY UNCLE DR.ELI YABANI TOLD ME THAT THE WHEREABOUTS OF PASTOR BANI ALSO COULD NOT BE LOCATED AND IT TOOK A LONG TIME BEFORE HE INFORMED ME THAT HE HAD INFORMATION THAT PASTOR BANI WAS IN CONNECTICUT BUT HE HAS NEVER HEARD FROM HIMSELF, THERETO.
THEREFORE, WHEN DR.PROSPER BANI WAS THEN APPOINTED THE CHIEF OF STAFF AT THE FLAGSTAFF HOUSE HE THWARTED EVERY EFFORTS I MADE TO EITHER MEET WITH HIM OR H.E.PRESIDENT JOHN DRAMANI MAHAMA.
THAT EVEN THE REQUEST I DULY MADE TO HIM AFTER THE SUPREME COURT ELECTIONS PETITION CASE TO PURCHASE AN AUCTION CAR UPTIL TODAY I WAS DENIED THE ALLOCATION OF THE AUCTION CAR, THERETO.
THAT THERE WAS A PUBLICATION IN THE MEDIA ONE TIME THAT THERE WAS GOING TO BE AN AUCTION OF CARS/VEHICLES AT CEPS JAMES TOWN OFFICE LOCATION AND I DULY WENT THERE ALSO TURNED OUT TO BE "DECEPTION", THERETO.
THAT WHEN H.E.PRESIDENT JOHN DRAMANI MAHAMA WAS IMMEDIATELY SWORN IN AS THE PRESIDENT OF GHANA BY HER LADYSHIP CHIEF JUSTICE OF GHANA GEORGINA THEODORA WOOD AFTER THE DEMISED OF H.E.THE LATE PRESIDENT PROFESSOR JOHN EVANS ATTA-MILLS FOR THE SAKE OF PEACE AND CONTINUITY I WAS THE PERSON WHO RECOMMENDED HIS EXCELLENCY AND THEN NATIONAL SECURITY COORDINATOR LT.COL.LARRY GBEVLO-LARTEY (RTD) AS FRIENDS AND H.E.DR.MR>PRESIDENT BARACK OBAMA IMMEDIATELY ACCEPTED H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA AND THEN NATIONAL SECURITY COORDINATOR AS FRIENDS, THERETO.
THAT WHEN I RETURNED TO GHANA ON SEPTEMBER 22, 2012 AND ON NOVEMBER 29, 2012 H.E.PRESIDENT JOHN DRAMANI MAHAMA SENT ME THE E-MAIL INVITATION TO HELP HIM SO THAT TOGETHER TO BUILD A BETTER GHANA FOR ALL AND I DULY ACCEPTED THE INVITATION TO HELP AND DULY INFORMED MY FRIEND H.E.DR.MR.PRESIDENT BARACK OBAMA AND ALL OUR FRIENDS THROUGHOUT THE WORLD.
THAT AFTER THE 2012 PRESIDENTIAL ELECTIONS WAS DECLARED THAT I RESPECTFULLY DULY INFORMED H.E.DR.MR.PRESIDENT BARACK OBAMA ABOUT THE ELECTIONS RESULTS AND H.E.DR.MR.PRESIDENT BARACK OBAMA SENT THE CONGRATULATORY MESSAGE TO H.E.PRESIDENT JOHN DRAMANI MAHAMA, THERETO.
THAT EVEN WHEN THE PETITIONERS BROUGHT THE AGAINST THE PRESIDENT JOHN DRAMANI MAHAMA AND OTHERS AT THE SUPREME COURT OF GHANA THAT AGAIN WITH THE HELP OF MY FRIEND MR.CHRISTOPHER KOFI ELEBLU WHO HELPED ME TO PAY THE FILING FEES FOR THE TWO (2) "AMICUS CURIAE BRIEFS" THAT I DULY HELD AT THE SUPREME COURT OF GHANA AND FACED NINE (9) JUSTICES OF THE SUPREME COURT AND LATER FACED ELEVEN (11) JUSTICES OF THE SUPREME COURT OF GHANA DURING THE REVIEW OF THE SUPREME COURT EARLIER RULING OF THE "AMICUS CURIAE BRIEFS" AND HON.MINISTERS AND OTHER POLITICAL APPOINTEES NEVER EVEN STEPPED THERE BUT THEY RATHER ARE BEING SEEN AS THE "SAINTS" AND NONE OF THEM HAVE EVEN DARE TO EVEN FIND OUT WHO IS "BENONY TONY AMEKUDZI, ESQ" AND NEVER EVEN HELPED ME BEFORE ARE NOW SEEN "DECLARING ATTACKS AGAINST MY PERSONAL RELATED HARD WORK AND TOIL".
THAT THE MOTTO OF GHANA ON THE GHANA COAT OF ARM CLEARLY PROVIDES "FREEDOM AND JUSTICE" AND IT SHOULD BE SEEN TO BE MANIFESTLY PROTECTED.
IT IS THEREFORE MY RESPECTFUL AND HUMBLE SUBMISSION THAT HON. MINISTER OF INTERIOR PROSPER BANI, HON.MINISTER OF FINANCE SETH TERKPER, HON.MINISTER OF COMMUNICATIONS DR.OMANE BOAMAH AND OTHERS TO CLEARLY SPEAK OUT AND CLARIFY THE POSITIONS ASSERTED TO ABOVE INCLUDING H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA SINCE THIS IS ONLY "A MERE SUSPICION AND NOT ACCUSATIONS", THERETO.
THAT AT THE SAME TIME, MAY I RESPECTFULLY APOLOGIZE FOR ANY MISCONCEPTIONS THAT THE ABOVE RELATED MATTER MAY OR MIGHT CAUSE TO ANY RELATED PERSON OR PERSONS MENTIONED, THERETO.
RESPECTFULLY SUBMITTED.
GOD BLESS GHANA, AMERICA AND UNITED NATIONS.
VERY TRULY YOURS,
BENONY TONY AMEKUDZI, ESQ.
INTERNATIONAL LAWYER/LEGAL CONSULTANT
CICERO 8 years ago
The sad part of this debauchery and rape of our economy and finances is not really with the actual perpetrators like clueless Terkper and Mahama, but the imbeciles who will go to any length to defend the indefensible, the sha ... read full comment
The sad part of this debauchery and rape of our economy and finances is not really with the actual perpetrators like clueless Terkper and Mahama, but the imbeciles who will go to any length to defend the indefensible, the shame of supporting this brainless Seth T and all their crimes against Ghana. their stupidity beats any imagination
Dr Tackie Sa 8 years ago
Bawumia is speaking the truth.
Bawumia is speaking the truth.
Joe 8 years ago
I am not a banker but common sense tells me that if I have to put that money and borrow at a higher interest than what I am making from the investment then it is negative. Terpker you just went from zero to negative. Is there ... read full comment
I am not a banker but common sense tells me that if I have to put that money and borrow at a higher interest than what I am making from the investment then it is negative. Terpker you just went from zero to negative. Is there something beyond that? Stop fooling the Ghanaian people.
KOFI GHANA 8 years ago
You do not understand Mr Terkper. If you keep the money at the central bank, you cannot use it neither can you borrow from it at any interest. In the meantime you're borrowing from the commercial banks anyway. So you give the ... read full comment
You do not understand Mr Terkper. If you keep the money at the central bank, you cannot use it neither can you borrow from it at any interest. In the meantime you're borrowing from the commercial banks anyway. So you give them the idle money and make some interest, which is very smart.
Abena 8 years ago
So why go for Eurobond loan when you have no immediate need for the money? Do the additions what interest is being paid on the loan and what is the interest on government treasury? How can you even borrow your own money with ... read full comment
So why go for Eurobond loan when you have no immediate need for the money? Do the additions what interest is being paid on the loan and what is the interest on government treasury? How can you even borrow your own money with interest in the first place? This is wickedness!!!
GIVE ME MY BALLOT PAPER 8 years ago
Is Terkper saying those funds borrowed from the capital market was intended to transferred to a private bank to earn interest within the context of the GIIF? Is that what Seth Terkper is saying? Because his position on this m ... read full comment
Is Terkper saying those funds borrowed from the capital market was intended to transferred to a private bank to earn interest within the context of the GIIF? Is that what Seth Terkper is saying? Because his position on this matter completely buries John Dramani Mahama's NDC gov't as the most useless gov't in the history of this country, the most useless ever, since Ghana gained independence.
Terkper must stop attempting to defend the indefensible. There is no way these bunch of people can be credited with having any competence or intelligence for running anything, not even a table top tomato business. The most useless gov't ever in Ghana's history.
NOBODY 8 years ago
Lunacy has no cure. So too is the disease afflicting serial liars like Bawumia. There's no known cure for serial liars. Bawumia can't help himself when it comes to telling demented serial lies. Since the NPP has no agenda and ... read full comment
Lunacy has no cure. So too is the disease afflicting serial liars like Bawumia. There's no known cure for serial liars. Bawumia can't help himself when it comes to telling demented serial lies. Since the NPP has no agenda and no semblance of leadership, the only option left for the NPP loudmouths is to employ deceptions and lies in the hope that they can steal the minds of the electorate. This style and trickery has failed Akufo-Addo twice, and it's about to fail him a third time come November.
The NPP should expect to win any election by fielding a ticket steered by a serial loser flagbearer and a serial liar aplanke. Aplanke Bawumia and his NPP are desperate, making claims that never make any sense while focusing the bulk of their time attacking the EC.
kutsi 8 years ago
A word to a fool is not enough, unless it is accompanied with two hefty slaps. I see the tantrums of Bawumia as a deliberate attempt to create state insecurity and panic in our economy. One more lie from this lost NDC son and ... read full comment
A word to a fool is not enough, unless it is accompanied with two hefty slaps. I see the tantrums of Bawumia as a deliberate attempt to create state insecurity and panic in our economy. One more lie from this lost NDC son and we can't predict the consequences. So Bawuliar Bawumia should be invited to the BNI. Nonsense
Walewale 8 years ago
Gentlwo/men why do you waste your time arguing! Bawumiah is intelligent enough to respond. Believe me he knows what he is saying. My brother Mahama should be bold to approach his brother Bawumia for advice. End of story! brot ... read full comment
Gentlwo/men why do you waste your time arguing! Bawumiah is intelligent enough to respond. Believe me he knows what he is saying. My brother Mahama should be bold to approach his brother Bawumia for advice. End of story! brother to brother!
Abena 8 years ago
But Bawumia is totally right. If the funds is used to purchase of treasury bill, is the treasury bill interest free? How prudent is it to borrow your own funds and pay interest on it. If you get 8% on the illegal deposit and ... read full comment
But Bawumia is totally right. If the funds is used to purchase of treasury bill, is the treasury bill interest free? How prudent is it to borrow your own funds and pay interest on it. If you get 8% on the illegal deposit and government pay 22% on treasury, havent you caused financial loss to the state?
gator 8 years ago
Mr minister if your story is the truth then why didnt you invest the entire 1 billion so that you get a bigger interest?I smell rat here.I still dont see the ignorance and the propaganda here.is the money 250
Mr minister if your story is the truth then why didnt you invest the entire 1 billion so that you get a bigger interest?I smell rat here.I still dont see the ignorance and the propaganda here.is the money 250
jagadu 8 years ago
Ghana MPs are useless! How can they sit back for such a foolish buffoon minister to arrogantly calls their bluff instead of investigating him. OMG! What is happening in Ghana. This country is lawless and I urge all the opposi ... read full comment
Ghana MPs are useless! How can they sit back for such a foolish buffoon minister to arrogantly calls their bluff instead of investigating him. OMG! What is happening in Ghana. This country is lawless and I urge all the opposing MPs to call for an independent investigation. NDC MPs are useless, NPP MPs are useless everybody is useless in the parliament. They are only there to enrich themselves. Ghana is in big trouble!
The Truth is One 8 years ago
Mother fucker Bawumia. Cross disrespect. Your dead father ghost shall continue to disgrace you until you realized that, it was NDC money that your father used to educate you. Not even other ghost, your own dead father ghost s ... read full comment
Mother fucker Bawumia. Cross disrespect. Your dead father ghost shall continue to disgrace you until you realized that, it was NDC money that your father used to educate you. Not even other ghost, your own dead father ghost shall continue to disgrace you till you realize that, it's a unforgiving sin when one dishonor his parents.
Abena 8 years ago
Why are you not challenging the facts?
Why are you not challenging the facts?
Ataa 8 years ago
Blind argument if we can even call it one. In this day and age, you are calling on ghosts to disgrace someone. What type of a citizen or better still (f**l) are you?
Address what is said and stop the insults.
Blind argument if we can even call it one. In this day and age, you are calling on ghosts to disgrace someone. What type of a citizen or better still (f**l) are you?
Address what is said and stop the insults.
TOTO 8 years ago
LOOK A FOOL CALLING A WELL RECOGNIZED
ECONOMIST IGNORANT. WONDERS WILL NEVER END IN GHANA. WHAT ARE YOUR TRACK RECORDS AS A BANKER AND ECONOMIST.
THESE FOOLS IN NDC GOVT. CAN RANT ANYTHING FROM THEIR ASS HOLES.
GOD HELP P ... read full comment
LOOK A FOOL CALLING A WELL RECOGNIZED
ECONOMIST IGNORANT. WONDERS WILL NEVER END IN GHANA. WHAT ARE YOUR TRACK RECORDS AS A BANKER AND ECONOMIST.
THESE FOOLS IN NDC GOVT. CAN RANT ANYTHING FROM THEIR ASS HOLES.
GOD HELP POOR GHANA
George Nutsugah 8 years ago
Terpker should be jailed for driving a buoyant economy which was growing without oil at more than 8% into a HIPC economy growing around 3% even with oil. Terkper and the NDC looting brigade have destroyed the economy of Ghan ... read full comment
Terpker should be jailed for driving a buoyant economy which was growing without oil at more than 8% into a HIPC economy growing around 3% even with oil. Terkper and the NDC looting brigade have destroyed the economy of Ghana.
Ametor 8 years ago
How can you borrow money and tell us that the money is idling? Does it make sense and you are paying the interest. Then you give it to a bank to use to buy your treasury bills at a higher value and interest. Why don't you jus ... read full comment
How can you borrow money and tell us that the money is idling? Does it make sense and you are paying the interest. Then you give it to a bank to use to buy your treasury bills at a higher value and interest. Why don't you just keep it at the same interest? This is simple common sense. You don't need to be an economist to understand. Even dead goat may understand this. Only idiotic NDC supporters who use their heads to carry loads will understand and that is why we have to show them the exit. How can human beings be soo stupid. Temper must just go even though it is too late for the greedy bastards.
Abena 8 years ago
Unacceptable
Unacceptable
KKBK 8 years ago
Politics is eating too much into Bawimia head making is sense of reasoning as an economist weaker by the day..... Alhaji, better stop confusing yourself and save your credibility...... The disgrace is becoming unbecoming.....
Politics is eating too much into Bawimia head making is sense of reasoning as an economist weaker by the day..... Alhaji, better stop confusing yourself and save your credibility...... The disgrace is becoming unbecoming.....
George Nutsugah 8 years ago
What Terkper and dead goat Mahama are doing with the $250million Eurobond is the same tactics they used in sharing the SADA money among John Mahama's family and friends. They have been exposed big time.
What Terkper and dead goat Mahama are doing with the $250million Eurobond is the same tactics they used in sharing the SADA money among John Mahama's family and friends. They have been exposed big time.
kay wuo 8 years ago
Mr T you are a qualified Chartered Accountant of good standing. Don't let this inferior graduate called Bawumia bully you.
Mr T you are a qualified Chartered Accountant of good standing. Don't let this inferior graduate called Bawumia bully you.
inercycl 8 years ago
Bawumia I guess should know that is the name of the game.. transfer to private accounts and loot afterwards! The year was 1999.The electorate was poised to throw the NDC out of office after 20 or so P/NDC years.The NDC knew t ... read full comment
Bawumia I guess should know that is the name of the game.. transfer to private accounts and loot afterwards! The year was 1999.The electorate was poised to throw the NDC out of office after 20 or so P/NDC years.The NDC knew time was up! Finance minister then transferred huge sums of GHC(old cedis) into a private account at the Trust Bank( farisco branch).Nana Ato Dadzie who was nowhere near the bank of Ghana (presidential advisor) succeeded in transferring huge sums of GHC(old cedis) into a private account at GCB(OSU branch) "By the close of day", nearing their term in office, they would cash it all out: JJ huge junk(2cheques) from trust bank(farisco), ET, Ato Dadzie and a host of them....bolted away with it all.So it is not surprising this amount is lodged in a private bank.It would be the " get away loot". They are caught but will still brand someone "ignorant"!
I still wonder how Kuffour missed Ato Dadzie. Oh my wife's hometown buddy...Dzifa might be right....stupidly! Why was Ato Dadzie let off the hook, she is battling in her mind.Mr Terkper should do the right thing..now or wait for his time....at Nsawam.
t.t 8 years ago
Dr Bawumia is talking about the LAW and nothing else so Mr Seth terkper pls the issue is not about PRUDENCE ooh ! A word to the wise is enough !
Dr Bawumia is talking about the LAW and nothing else so Mr Seth terkper pls the issue is not about PRUDENCE ooh ! A word to the wise is enough !
Godfred Apuri 8 years ago
Bawumia is a complete disgrace to PhD holders in economics
Bawumia is a complete disgrace to PhD holders in economics
inercycl 8 years ago
Maybe you also benefit from it.It is the NDC's modus operandi for looting state coffers. How can a finance minister transfer state funds from Central bank, where all private banks keep their money, to a private bank.Ask yours ... read full comment
Maybe you also benefit from it.It is the NDC's modus operandi for looting state coffers. How can a finance minister transfer state funds from Central bank, where all private banks keep their money, to a private bank.Ask yourself and the economics professor who taught you.Where was the governor of the Bank of Ghana? Who knows why he resigned? A scheme? Of course with 250million USD hiding somewhere, he could afford to resign!
Whatever 8 years ago
He's so empty
He's so empty
Ataa 8 years ago
Ok Hon Minister, if we did not need these funds for more than a year, why did we go for the loan and therefore subject ourselves to repayment of the principal plus interest for this first year? The idea was to use these funds ... read full comment
Ok Hon Minister, if we did not need these funds for more than a year, why did we go for the loan and therefore subject ourselves to repayment of the principal plus interest for this first year? The idea was to use these funds for infrastructural developments. If we were not ready to go ahead with those projects, (for a whole year) why borrow that sum and keep it "idle"? Hmmm.
bra K. 8 years ago
A 419 connection
A 419 connection
bra K. 8 years ago
NDC crooks
NDC crooks
HARDCORE 8 years ago
Tekper u really made me enjoy my supper this evening, this is the time to peg them from running away with falsehood to incite some sections of the ignorant public anger against government's prudent policies.
Tekper u really made me enjoy my supper this evening, this is the time to peg them from running away with falsehood to incite some sections of the ignorant public anger against government's prudent policies.
ALBERT 8 years ago
The finance minister should understand that lack of transparency on the part of the government and its bad track record in managing the national purse is what is prompting Dr. Bawumia to indulge in whatthe minister is describ ... read full comment
The finance minister should understand that lack of transparency on the part of the government and its bad track record in managing the national purse is what is prompting Dr. Bawumia to indulge in whatthe minister is describing as propaganda.
Nene Nannor 8 years ago
I weep when l hear NDC people talk. Seth Tekper has no Phd so his basic knowledge is far below Bawumia. Learn to respect academia. As a UG graduate, l dare Seth to a debate on his poor economy and limited knowledge of what he ... read full comment
I weep when l hear NDC people talk. Seth Tekper has no Phd so his basic knowledge is far below Bawumia. Learn to respect academia. As a UG graduate, l dare Seth to a debate on his poor economy and limited knowledge of what he is doing. Anytime Bawumia talks they are quick to deny but it comes to pass. They should learn to take advice and use it. NDC, this is knowledge power not propaganda.
Stoway 8 years ago
Bawumia is no where near the many NDC economist or bankers available today. He is only fooling you guys in the NPP to believe he is good by cooking figures and when asked to prove, he says something different or go look for t ... read full comment
Bawumia is no where near the many NDC economist or bankers available today. He is only fooling you guys in the NPP to believe he is good by cooking figures and when asked to prove, he says something different or go look for the real answer to twist it. He is a lazy person like Amoako Baah.
BOB-COLE. 8 years ago
BE BOLD AND TELL US WHO ARE THE NDC ECONOMIST AND BANKERS.WHAT TYPE DRUG ARE YOU ON.OUR ECONOMY TELLS US WHAT YOUR BANKERS AND ECONOMICS CAN DO.BAWUMIAH HAD SAID IT BEFORE THAT YOU PEOPLE DON'T READ SO YOU DON'T KNOW ANYTHING ... read full comment
BE BOLD AND TELL US WHO ARE THE NDC ECONOMIST AND BANKERS.WHAT TYPE DRUG ARE YOU ON.OUR ECONOMY TELLS US WHAT YOUR BANKERS AND ECONOMICS CAN DO.BAWUMIAH HAD SAID IT BEFORE THAT YOU PEOPLE DON'T READ SO YOU DON'T KNOW ANYTHING.TOMORROW BAWUMIAH WILL BE OUT TO TEACH TERKPENOMICS HOW TO HANDLE OUR MONEY.HEY,IS THIS HOW THESE GOOD FOR NOTHING PEOPLE HAVE RAN DOWN OUR ECONOMY WITH THEIR CORRUPTION,MISMANAGEMENT AND KNOW NOTHING MENATALITY?.
Addo Evans 8 years ago
I know from day one this man from my home town somanya he is not correct as we are in Ghana now who don't what is going on fool
I know from day one this man from my home town somanya he is not correct as we are in Ghana now who don't what is going on fool
WISE SUPERVISOR 8 years ago
Tekper is right. Bawumia feels he's the only learned and practiced banker-economist in Ghana. Prudent banking management also implies earned interest on your principal amount. Cross-check with Matthew 25:14-25 in reference to ... read full comment
Tekper is right. Bawumia feels he's the only learned and practiced banker-economist in Ghana. Prudent banking management also implies earned interest on your principal amount. Cross-check with Matthew 25:14-25 in reference to Jesus Parable of the Talents.
KWAKU KYERETWIE 8 years ago
WHEN DR. BAWUMIA SAID THE NDC MEMBERS DONT READ , WE WERE ALL AMAZED OF HIS FIDNIGS, BUT THE TRUTH CAME OUT WHEN THE WHOLE GHAMNA WAS NOT ABLE TO IDENTIFY THE PRESIDENT DURING THE INDEPENDENCE DAY CEREMONY, OF WHCH UHURU KENY ... read full comment
WHEN DR. BAWUMIA SAID THE NDC MEMBERS DONT READ , WE WERE ALL AMAZED OF HIS FIDNIGS, BUT THE TRUTH CAME OUT WHEN THE WHOLE GHAMNA WAS NOT ABLE TO IDENTIFY THE PRESIDENT DURING THE INDEPENDENCE DAY CEREMONY, OF WHCH UHURU KENYATTA OF KENYA WAS NAMED THE PRESIDENT OF GHANA.SO WHO IS IGNORANT?
akosua 8 years ago
Bawumia is the greatest lier in the history of Ghana.
Bawumia is the greatest lier in the history of Ghana.
Wood 8 years ago
you may be a cheap lady, have read the article well
you may be a cheap lady, have read the article well
sulley 8 years ago
I was expecting Bawumia to juz tell us whether what Seth Terkpe did was lawful. He shld resign on which grounds?
Bawumia is one of de confused minister ever in de history of Ghana.
He attacked de statistical serve abt thei ... read full comment
I was expecting Bawumia to juz tell us whether what Seth Terkpe did was lawful. He shld resign on which grounds?
Bawumia is one of de confused minister ever in de history of Ghana.
He attacked de statistical serve abt their methodology of calculating inflation.
2ndly, he went to attack de EC of ghana saying they hv robbed de npp of victory. Again de voters register contains names of foreigners.
3rdly he said a whole lot of things abt de dollar bt now its no longer relivant coz of dat he cleverly run away frm there.
He moved to education saying he Will restore allawa of teacher trainees. When he released it was boring for de students. He then changed his gear to de minister of finance.
4th point was his unguided religious comment which was crashed down by well meaning ghanaians.
My prediction is that his attacks will soon be directed to de sea, oceans n oasis. You aa likely to be jobless forever. Mark it
gh first 8 years ago
Without wisdom my people parish,get wisdom and it will help your next generation
Without wisdom my people parish,get wisdom and it will help your next generation
gh first 8 years ago
Without wisdom my people parish,pls get wisdom it will help your next generation
Without wisdom my people parish,pls get wisdom it will help your next generation
rich 8 years ago
masa i will not read your alticle but judges you wrong write a good name for yourself like J.H Mensah,Kwesi Botwe etc,etc and stop kofi-adams aseidu-nketia,koku anyindome & so called men and tell the truth as everything is at ... read full comment
masa i will not read your alticle but judges you wrong write a good name for yourself like J.H Mensah,Kwesi Botwe etc,etc and stop kofi-adams aseidu-nketia,koku anyindome & so called men and tell the truth as everything is at hand dont foolish yourself
Golden Boy 8 years ago
Temper is confused, I am sorry you may go to jail because of this incompetence
Temper is confused, I am sorry you may go to jail because of this incompetence
Roger Mills 8 years ago
Is it GIIF that placed the US$250m at UBA? Money borrowed from international markets and handed over to GIIF to invest at UBA, of all banks? Is that the role of GIIF?
Whoever borrows money to invest when the interest he ha ... read full comment
Is it GIIF that placed the US$250m at UBA? Money borrowed from international markets and handed over to GIIF to invest at UBA, of all banks? Is that the role of GIIF?
Whoever borrows money to invest when the interest he has to pay on his existing debt is forever growing higher than amounts he continues to borrow.
Mr. Tekper's image is really sinking fast!
Sameto, Kumasi. 8 years ago
Bawumia is full of propaganda. No serious Ghanaian will take him serious (Mr pinksheet)
Bawumia is full of propaganda. No serious Ghanaian will take him serious (Mr pinksheet)
JM 8 years ago
The only thing Bawumia knows was to change Ghana cedis to be the same as 1USA dollars equals to 1 Ghana cedis.
The only thing Bawumia knows was to change Ghana cedis to be the same as 1USA dollars equals to 1 Ghana cedis.
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 8 years ago
Why did you wait for this long? Bawumia Balawu Buluu has been running riots and lying for years now and every time, you take the high road, saying we guys are professionals and will not attack nor insult in good measure. You ... read full comment
Why did you wait for this long? Bawumia Balawu Buluu has been running riots and lying for years now and every time, you take the high road, saying we guys are professionals and will not attack nor insult in good measure. You allowed him, for the longest time I could remember, to say what he wants and had no response in result. Now I want to believe the honeymoon with Bawumia is over with. Now when he lies, call him out. When he insults, insult him "some" (what's that? Ghana English. Lol).
Bawumia this he is the best thing God has ever put on the land we call Ghana. He even had the audacity to say he is the only one that reads and NDC people don't. Oh yeah! Ph.D we hear you. You are the only that reads.
I pray that really, you've taken the gloves off and ever ready to slug the shit out with the lying braggart called Bawumia Balawu Buluu. Knock him and know him really hard in the balls. Kick the fuck out of the cow dung!
JM 8 years ago
Lack of knowledge NPP perished for ever.
Lack of knowledge NPP perished for ever.
ADAM SOULE-MAN 8 years ago
THIS IS FINANCIAL FRAUD LIKE WOYOMIGATE AND BUS BRANDING
THIS IS FINANCIAL FRAUD LIKE WOYOMIGATE AND BUS BRANDING
Bobby, Denmark 8 years ago
Always stealing. 419 president with stupid finance minister.
Always stealing. 419 president with stupid finance minister.
Faculty 8 years ago
A great man once said "You can fool some people sometimes but not all the people". Well am not an economist but between the two I think Bawumia makes sense. Even a class one pupil can see meaning in what the man is saying.
A great man once said "You can fool some people sometimes but not all the people". Well am not an economist but between the two I think Bawumia makes sense. Even a class one pupil can see meaning in what the man is saying.
ADAM SOULE-MAN 8 years ago
THE NDC IS LOOTING GHANA WITH ALL TRICKS
THE NDC IS LOOTING GHANA WITH ALL TRICKS
JOHN 8 years ago
CONFUSED BAWUMIA IS DISGRACING HIMSELF. BEFORE I KNEW HIM AS A WELL EDUCATED AND A QUIET GUY. THE LIES ARE BECOMING TOO MUCH. WHY DO ALL THE DONKEY JOB FOR NPP ?. AT SUPREME COURT U DISGRACED YOURSELF AND U KEEP DOING SO. PL ... read full comment
CONFUSED BAWUMIA IS DISGRACING HIMSELF. BEFORE I KNEW HIM AS A WELL EDUCATED AND A QUIET GUY. THE LIES ARE BECOMING TOO MUCH. WHY DO ALL THE DONKEY JOB FOR NPP ?. AT SUPREME COURT U DISGRACED YOURSELF AND U KEEP DOING SO. PLS YOU AREN'T GOING TO BE VICE PRESIDENT SO TAKE YOUR TEACHING WORK SERIOUSLY
NPP FULL OF IDIOTS 8 years ago
BAWUMIA WITH ALL HIS ACCLAIMED INTELLECTUALITY AND SO CALLED PHD HAS PROVEN TO BE A CHICKEN HEAD. WHAT A POOR LOW-ENERGY FOOL HE IS.CHARTERED ACCOUNTANTS ARE THE REAL MASTERS OF FINANCE AND CORPORATE LAW .SO LET SOME TELL THA ... read full comment
BAWUMIA WITH ALL HIS ACCLAIMED INTELLECTUALITY AND SO CALLED PHD HAS PROVEN TO BE A CHICKEN HEAD. WHAT A POOR LOW-ENERGY FOOL HE IS.CHARTERED ACCOUNTANTS ARE THE REAL MASTERS OF FINANCE AND CORPORATE LAW .SO LET SOME TELL THAT IDIOT BAWUMIA TO SHUT HIS STINKY MOUTH THAT HE USES TO LEAK FULANI PUSSY CUM NYASSSS
Faculty 8 years ago
The lips of the righteous, teaches many but fools and I repeat fools die for want of wisdom. Google this two men and ready about them. That alone should tell you being older doesn't mean you got all the brains just like fire ... read full comment
The lips of the righteous, teaches many but fools and I repeat fools die for want of wisdom. Google this two men and ready about them. That alone should tell you being older doesn't mean you got all the brains just like fire is good servant but a bad master.
NANA AKUFO ADDO 8 years ago
ONE BEHIKE 56 CUBAN CIGARS FOR TERKPER!!
LONG LIVE THE TURNAROUND EXPERT, TERKPER!!!
LONG LIVE MAHAMA!!!
LONG LIVE GHANA!!!
ONE BEHIKE 56 CUBAN CIGARS FOR TERKPER!!
LONG LIVE THE TURNAROUND EXPERT, TERKPER!!!
LONG LIVE MAHAMA!!!
LONG LIVE GHANA!!!
kwasi thompson 8 years ago
Hon Terkper, pls superimpose your rhetorics against the law bawumia quoted and prove your innocence. Your resort to claims of propaganda on bawumia's side is useless and obviously a stupid remark! Pls talk like a finance mini ... read full comment
Hon Terkper, pls superimpose your rhetorics against the law bawumia quoted and prove your innocence. Your resort to claims of propaganda on bawumia's side is useless and obviously a stupid remark! Pls talk like a finance minister and stop dodging the ponit.
AMB 8 years ago
What the Minister us saying is the absolute truth. Its definitely value destruction to keep money with the Central Bank at zero interest. Lets stop colouring issues with political gimmicks and discuss issues to promote the de ... read full comment
What the Minister us saying is the absolute truth. Its definitely value destruction to keep money with the Central Bank at zero interest. Lets stop colouring issues with political gimmicks and discuss issues to promote the development of Ghana.
Frederick kofi Tawiah 8 years ago
You are misleading Ghanaian, which investment have you made with? At what rate.? Ghanaians want to know.
You are misleading Ghanaian, which investment have you made with? At what rate.? Ghanaians want to know.
koku Attivor Anyidoho, NDC Headquarte 8 years ago
You Ghanaians are indeed in the hands of criminal gangs headed by mahama.
Terkper, Attivor, Betty, Barton Oduro be prepared to be jailed for ever.
CRIMINALs in power
You Ghanaians are indeed in the hands of criminal gangs headed by mahama.
Terkper, Attivor, Betty, Barton Oduro be prepared to be jailed for ever.
CRIMINALs in power
Odikro 8 years ago
Accountant Tekper. When did you ever learn to do any financial planning. You should never have been a finance minister of this country, but Mahama knows no better. You are a laughing stock.
Accountant Tekper. When did you ever learn to do any financial planning. You should never have been a finance minister of this country, but Mahama knows no better. You are a laughing stock.
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO 8 years ago
No economists does financial planning. I guess this fucking fool is referring to Budgeting, something Accountants are even better at than the Economist.
You are just plain ignorant just like the fucking Bawumia Buluu that ... read full comment
No economists does financial planning. I guess this fucking fool is referring to Budgeting, something Accountants are even better at than the Economist.
You are just plain ignorant just like the fucking Bawumia Buluu that you follow. Go to the corporate world and find out if they hire Accountants or Economists to do financial planning. Dumbass monkey!
King deed 8 years ago
Managing economy is more integrated than any singular sector.... accounting, economics, financial planning, etc.... there are experts in these fields... ministers can consult if they lack skills. My problem is that some expe ... read full comment
Managing economy is more integrated than any singular sector.... accounting, economics, financial planning, etc.... there are experts in these fields... ministers can consult if they lack skills. My problem is that some experts and politicians only 'copy and paste' from theories out there. We need to develop Ghanaian economy in a unique way as Africans suitable for our identity and economic structure.... e.g is south African economy is uniquely structured. IMF AND world bank is misleading us
KWAME 8 years ago
I agree with you that managing an economy calls for an integrated approach. Terkper has that exposure by his real-world work experience.
Bawumia on the other hand has been a theoretical classroom economist. His first on th ... read full comment
I agree with you that managing an economy calls for an integrated approach. Terkper has that exposure by his real-world work experience.
Bawumia on the other hand has been a theoretical classroom economist. His first on the job training is his first appointment as a deputy governor of the BoG in 2005. Before then, he was a teacher at a Community College (something in between form 5 and A-level)
zaf 8 years ago
someone should tell Dr pink sheet that he and I were not there
someone should tell Dr pink sheet that he and I were not there
John Kool 8 years ago
Mr. Tekper stop the loose talk and the reckless management of our treasury.You've proved the degree of your ignorance of what it takes to man your position in government.
Thieves!You will be gone, come November.
Mr. Tekper stop the loose talk and the reckless management of our treasury.You've proved the degree of your ignorance of what it takes to man your position in government.
Thieves!You will be gone, come November.
kkkkkkkkkkkkk 8 years ago
Nipa bi are fools like those following NDC party gyimiii paaaaa ni
Nipa bi are fools like those following NDC party gyimiii paaaaa ni
Karim 8 years ago
You called Bawimie "ignorance " u not serious.
You called Bawimie "ignorance " u not serious.
Dessie 8 years ago
Bawumia must go get experience from ALLIANZ FINANCIAL CHIEF:Mohammed Alfaradi.Bawumia must fo and learn how do handle enonomy
Bawumia must go get experience from ALLIANZ FINANCIAL CHIEF:Mohammed Alfaradi.Bawumia must fo and learn how do handle enonomy
Raymond kelly 8 years ago
My SHS Economic master is far far better than Bawumia .can this person be a proper vice president? mmmmmmmh God help Ghana
My SHS Economic master is far far better than Bawumia .can this person be a proper vice president? mmmmmmmh God help Ghana
King deed 8 years ago
There are a few important questions that our government is ignoring here....
1. The primary objective of government is the provision of services to the citizens(service delivery). Ghana has a lot of service delivery issues, ... read full comment
There are a few important questions that our government is ignoring here....
1. The primary objective of government is the provision of services to the citizens(service delivery). Ghana has a lot of service delivery issues, electricity, water, education, infrastructure, housing, safety etc. The government's priority is never 'profit motive'. Hence it is absolutely a misplaced priority for government to borrow money and forget about its fundamental obligations to the citizens and go into gamble. Do we have 'idle funds' in the present situation?
2. The issue about profit is arbitrary.
.... you borrowed in $ and wil pay same plus interest in $. however you that same amount and expect a higher returns this time in cedi equivalent. Judging from the fact that the currency depreciates/fluctuates against major currencies, it means that the deal is highly vulnerable to external shocks which may erode the profit margins if any in the long run. Government just chose to gamble- pure mismanagement.
3. The BOG has the ability to handle all investments and foreign reserves (treasury) of the government. Why transfer such funds to a foreign owned company?
4. The objective of investing such funds into the economy should be to stimulate growth--- however it may rather lead to inflationary pressures as government is not in direct control over how such amounts will be circulated on the economy. Hence it may be counter productive.
4. Government borrowings have a direct bearing/impact on the lives of the ordinary Ghanaian in every corner. My question is by these transactions, how do the ordinary citizen whose sweat/productivity will be used to pay the interests/capital portion of the loans benefit from such transfer deal?
5. It is the responsibility of the citizens to hold our politicians accountable for their actions and inactions.
If i should borrow $1000 at 10.75% interest.... meaning $1107.5 is payable at end of the year. I lend this same $1000 at exchange rate of 4 (assumption) 4000Ghs @22% which means 4880Ghs at exchage rate of 4 assuming exchange rate is fixed ($1220) due to government.
However foreign exchange rates will determine the actual gain/loss over this period when payment is due.
King deed 8 years ago
Supposed that the exchange rate increases (depreciates) to 5ghs to $1... it means that 4880Ghs ÷5 = $976 meaning government have lost about $131.50. If currency appreciates to 3ghs, the transaction is worth $1628 meaning g ... read full comment
Supposed that the exchange rate increases (depreciates) to 5ghs to $1... it means that 4880Ghs ÷5 = $976 meaning government have lost about $131.50. If currency appreciates to 3ghs, the transaction is worth $1628 meaning government has gained
KWAME 8 years ago
If you think a wrong has been done, just go to court and let the court decide. Good luck.
If you think a wrong has been done, just go to court and let the court decide. Good luck.
Ghanaba 8 years ago
Seth Terkper's position is not logical. How do you give your capital to a private bank to make 12% savings only for the same bank to buy govt treasury bills at 26%. Who is losing here, Mr. Minister???
Seth Terkper's position is not logical. How do you give your capital to a private bank to make 12% savings only for the same bank to buy govt treasury bills at 26%. Who is losing here, Mr. Minister???
Abubaksri. USA.I ki in 8 years ago
The worse finance minister Ghana has ever had isTerkper.His inefficency is what has led Ghana 2 where we're now.Knowing his poor perfomance, he organised a courtesy visit of chiefs in his area 2 the prez.The chiefs pleaded wi ... read full comment
The worse finance minister Ghana has ever had isTerkper.His inefficency is what has led Ghana 2 where we're now.Knowing his poor perfomance, he organised a courtesy visit of chiefs in his area 2 the prez.The chiefs pleaded with the prez not 2 drop him as the minister, simply because he is from a constituency with theHEN that lays the GOLDEN eggs 4 NDC during general elections.But 4 the failure of the prez 2 fire this good 4 nothing mimister he would've been forgotten.
Change 8 years ago
Time to fight against blatant corruption
Time to fight against blatant corruption
Meshack 8 years ago
Ghana would not be in this cesspool if your brain had any academic substance in it, Mr Terkper. You are as useless as your President!
Ghana would not be in this cesspool if your brain had any academic substance in it, Mr Terkper. You are as useless as your President!
gh 8 years ago
I FEEL PITTY FOR GHANA OUR DEAR COUNTRY,WE SEE NOTHING WROUNG SEENDING A WHOPING-$250 MILLION BORROWED MONEY TO A PRIAVITE BANK IN NO OTHER COUNTRY THAN NIGERIA?
I FEEL PITTY FOR GHANA OUR DEAR COUNTRY,WE SEE NOTHING WROUNG SEENDING A WHOPING-$250 MILLION BORROWED MONEY TO A PRIAVITE BANK IN NO OTHER COUNTRY THAN NIGERIA?
gh 8 years ago
HMMMMMMMMM ASEM BEBA DABE
HMMMMMMMMM ASEM BEBA DABE
Akwasi Nyame Adom 8 years ago
Terkper,the criminal fool. Sooner than later, you plus your criminal crooks in ndc will account to the people Ghana in court.
Terkper,the criminal fool. Sooner than later, you plus your criminal crooks in ndc will account to the people Ghana in court.
kofi 8 years ago
JAGUAR S-TYPE PARTS FOR SALE: ASSORTED NEW OR HOME USED PARTS FOR JAGUAR.
PLS CALL: 026 471 6238
JAGUAR S-TYPE PARTS FOR SALE: ASSORTED NEW OR HOME USED PARTS FOR JAGUAR.
PLS CALL: 026 471 6238
Abuja 8 years ago
Terkper should come out and say how much he and Abiola Bawiah made from this deal. Their accounts must be audited
Terkper should come out and say how much he and Abiola Bawiah made from this deal. Their accounts must be audited
D K. Berchie Amankwah. 8 years ago
What is ignorant about Bawumia?my qt to Mr.Terkper, hw much is a gallon of fuel,and also hw much is the dollar today in ghana,.case close.tnx
What is ignorant about Bawumia?my qt to Mr.Terkper, hw much is a gallon of fuel,and also hw much is the dollar today in ghana,.case close.tnx
Ohene 8 years ago
It is good that in 8 years Ghana has not devalued, revalued and devalued its currency. During their time face money changed thrice. Did they tell Gh how much was printed in these bogus economic policies? Too much money printe ... read full comment
It is good that in 8 years Ghana has not devalued, revalued and devalued its currency. During their time face money changed thrice. Did they tell Gh how much was printed in these bogus economic policies? Too much money printed for them to loot.
zak 8 years ago
no good professor will play propaganda with the economy of a nation but Tekpe has been doing that with Ghana economy he is been pressured by asiedu nkatiah to do so.oh what. a pity
no good professor will play propaganda with the economy of a nation but Tekpe has been doing that with Ghana economy he is been pressured by asiedu nkatiah to do so.oh what. a pity
Terkper is a Waste 8 years ago
Terkper is waste of space and his boss.
Terkper is waste of space and his boss.
Terkper is a Waste 8 years ago
Waster of Space.
Waster of Space.
Seniorman 8 years ago
My brother preach it. This is not rocket science. Why go borrowing when when you have nothing to invest the money with. This is pure ignorance and face the reality that it's wrong moving money from the central bank to a priva ... read full comment
My brother preach it. This is not rocket science. Why go borrowing when when you have nothing to invest the money with. This is pure ignorance and face the reality that it's wrong moving money from the central bank to a private bank. How can a buoyant economy go downhill into HIPC.
BRIGHT 8 years ago
MR TERKPE WHEN WILL YOU STOP LYING TO GHANAIANS?
MR TERKPE WHEN WILL YOU STOP LYING TO GHANAIANS?
Abudu adam , NPP Founder 8 years ago
Due to global deflation interest rates in capital markets are lower & cheaper to borrow after the meltdown in Greece & cetain EU countries.
At the time Eurobond was issued due prudent management of & the good fiscal forec ... read full comment
Due to global deflation interest rates in capital markets are lower & cheaper to borrow after the meltdown in Greece & cetain EU countries.
At the time Eurobond was issued due prudent management of & the good fiscal forecast of the Ghanaian economy the bond was oversacribed . The visavis of issuance of the was beneficial to Ghanaian economy
The question either to leave entire fund sitting without any return on principal doesn't make any macroeconomic lassezfaire sense.
The depondency to be asked , was there any due deligence or oversight of the fund transfer as required by law prior to Minister effecting the said transfer. If and only if there due diligence , fellow countrymen let politics not play any part in prudent fiscal management.
Kwaku Owusu 8 years ago
Mr. Terkper, have you really understood the assertions of Dr. Bawumia on the illegality and financial malfeasance of your action? What does section 53 of the current Bank of Act, stipulate? Does the placement of $250m form pa ... read full comment
Mr. Terkper, have you really understood the assertions of Dr. Bawumia on the illegality and financial malfeasance of your action? What does section 53 of the current Bank of Act, stipulate? Does the placement of $250m form part of Ghana's foreign reserves? If the funds had been transferred in cedis, then no issues would have been raised, because the foreign currency would still be our reserve. However, the other consequential issue would have been in what financial instruments were the funds invested in by UBA? If part or all were invested in GoG Treasury Bill, then the issue of the govt borrowing its own funds at a higher cost relative to returns thereon arises. Mr. Terkper realize your misunderstanding of the malfeasance caused and rectify the situation in the best interest of the state of Ghana, else "Attivormanian" may catch on you, some time, some day.
Nax 8 years ago
Common knowledge that the banks give kickbacks for people who bring business / money to them up to 5%. That is about $12.5 million which will go into his personal pocket far more than the 23 million Ghana cedis he is talking ... read full comment
Common knowledge that the banks give kickbacks for people who bring business / money to them up to 5%. That is about $12.5 million which will go into his personal pocket far more than the 23 million Ghana cedis he is talking about.
Obiri Yeboah. Lond 8 years ago
What ever Dr Bawumiah says is the truth, the same Bawumiah spoke about the countries economy and Terkper told us that it's not true but all Ghanaians saw what happened. Terkper and his president Mahamah are all useless,and d ... read full comment
What ever Dr Bawumiah says is the truth, the same Bawumiah spoke about the countries economy and Terkper told us that it's not true but all Ghanaians saw what happened. Terkper and his president Mahamah are all useless,and don't tell the truth to the people.
LOOK AT WHO IS TALKING. BLOCK HEADED MINISTER
Thievery and corruption
Tepker, is hundredth of times far ahead in iq than this noise making chap.
Gov't borrows money and give it to a Nigerian bank and, not even GCB, turns around to borrow it in the form of Treasury Bill so that Gov't can mop up excess liquidity in the system. And you call this sensible. Well, thank God ...
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This type of illogical pronouncement, thinking and propagander is what Tekper is talking about. Go and help your Bawumia to read wide and stop the ignorance.
INCOMPETENT, CORRUPT AND IGNORANCE tERKPER SHOULDN'T COMPARE HIMSELF TO OUR HONOURABLE DR ALHAJI PROPHET BAWUMIAH.
tERKPER, DO YOU HAVE pH.d?
SHUT UP THEN?
Do a research to learn and advise your dumb head and Bawumia how many finance secretaries and ministers who doesn't need Phd to function excellently!Bawumia has it and God knows how he got it and find out which field.
A PhD ...
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Minister please read FAA 2003 sec.21(5) which you referred to, you can seek interpretation
NO LOGIC AND SUBSTANCE IS YOUR DIATRIBE. JUST UNFACTUAL BULLSHIT. WASTE OF AIR
..SO THEN YOU ARE NOT NEAR ECONOMIC RULES AND REGILATIONS.What the minister is saying is far more logic than BAWUMIA RTHETORICS
I just like that response from the Hon. Minister of Finance.
Dr Bawumi is just being petty, cheap and misleading.
In the kingdom of the blind, Kofi-One-Eye is “Mantse.” So, leave Bawumia to play his “Mantserian” prowess before his gullible supporters.
Hahahahahaha , one eye mantse paa Charlie cool down ! A one eyed King lol!
OOO YEA.
Incomplete gov't how do you invest dollars into cedis why you are begging IMF for dollars Duck heads
It's not circumcised but rather circumspect.
Otooleger!
YOU CARRY $250 MILLION OF A COUNTRY'S MONEY INTO A FOREIGN/
NIGERIAN OWNED BANK AND YOU SEE NOTHING WRONG WITH THAT? WHAT IF THAT BANK FOLDS UP/COLLAPSE SUDDENLY? WHAT IF A ROGUE TRADER AT THE BANK CAUSES HUGE FINANCIAL LOS ...
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Aaaaah,look at anoda dumb!!! Like his boss,Bawumia, do think UBA is a micro finance company like DKM, God. Is love etc.
Terkper has indeed schooled Bawumia about finance and the law! Bawumia is a poor researcher and a lazy person who probably was given a Phd as a reward for doing a particular foolish job.
He knows nothing about how laws are i ...
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DR BAWUMIA THE PROPHET ON THE $250 MILLION NDC TOOK OUT OF THE $1BILLION EUROBOND FROM BOG AND DEPOSITED FOOLISHLY & NONSENSICALLY AT THE UNITED BANK OF AFRICA (UBA)--------READ BELOW------ Beyond the issue of legality, there ...
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kwasia..sua nyansa
What a mediocre Tekper is.
AHBAA...BAWUMIA WE ARE TIRED OF YOU...SO WHO IS YOUR INFORMANT AT BOG...WHO EVER HE OR SHE IS SHOULD FIND SOMETHING MEANINGFUL TO DO...AND STOP THIS PETTINESS...
Why are Ghanaians tolerating these incompetence. Tekper must surely be jailed with his cronies when ndc is booted out of power.Pure thievery.
Terkper has spoken facts, it shows the dishonesty in our politics. Instead of challenging the facts or condemning Bawumai for his lies, see what you are saying
This man must stop himself from leading the NPP propaganda. Very soon he will be no different from any SERIAL CALLER
To you the economy of the country is in good shape? The fact is, Seth Terkper is not giving answers to the problems raised by DR BAWUMIAH. Period!
It is only another ignorant who will answer question from an ignorant being like Bawumia. Seth Tekper knows that, the reason he calls him ignorant.
You see, among all NPP leadership there is nobody who understand indepth wha ...
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wo Y3 kwasia paaaa
This block headed bawumia is always confusing. He was only a deputy GOB.
Why is he be having like he ever signed the Ghana currency as GOB? He was also never even a deputy minister in that regard? He and other few, are just ...
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Bawumia has an ego problem. He thinks he is the only knowledgeable person that Ghana has.
I think Tekper has been too lenient in dealing with Bawumia and his lies.
I agree with you. He thinks there is only school/university of economics and only he Bawumia ever completed that school/university
What did Bawumia say which you consider a lie? Terkper in his response has admitted that he indeed transferred your $250 million to a Nigerian Bank here in Ghana. For safekeeping I presume. You see nothing wrong with this?
Tekper's said, instead of the money sitting in the Bank of Ghana account and earning zero interest (no interest) as time is passing by and Ghana is accruing interest on the principal amount that we borrowed, it was far pruden ...
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BAWUMIA BALAWU BULUU
Fool
NPP KWASEAFUO PARTY. NPP JIMIFUO KUO
wo Y3 kwasia paa wa te
YOUR FUCKING PROSTITUTE MOTHER!
npp guru is as useless as the party itself.
Thievery with impunity....
You pass $250 million to a bank they pay you peanuts interest then lend you the money back for bonds at crazy high interest and you say that is correct (yes you are technically within the law but it smacks of shit)
In my opinion, the NPP has no progress or national development messages for the people of Ghana, and are left with no option but to turn all positive achievements of the current Government to negative to deceive the masses.Gh ...
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HAHAHA,ARE YOU NORMAL?.WITH ALL THE HARDSHIP NDC HAS CREATED WE MUST STILL VOTE FOR THEM?.WHERE IS YOUR BRAIN?.DON'T YOU KNOW WHAT TERKPE HAS DONE IS AGAINST THE LAWS OF THIS COUNTRY?.WHERE ON EARTH CAN THIS THING HAPPEN?.THI ...
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Bawumia has lost his academic credentials on the alter of cheap political diatribe. In the process, he has become the most poisonous political charlatan in the history of Ghana.
Bawumia should know that, at times, the pen ...
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Dr Bawumia is only trying to prove that the money has been moved to be used for electioneering purposes by NDC.
I am inclined to believe that even if they did not touch the actual money, the interest earned would be diverted ...
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Your assertion is baseless. Bawumia is only doing the dirty work of the Npp by deliberately twisting facts to misinformed the public. At this point, the Akuffo Addo/Bawumia ticket are holding on to their last straws, employin ...
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If you access to previlege information, it is immoral to use it for political propaganda. JM became president because of his gentle approach to politics. So were Atta Mills and JA Kuffuor. Bawumia should take cue from this an ...
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This is not the time for sweet talks , the boat is sinking and we are in it together. Terkper must challenge the facts. How long can we continue to pay for others thievery?
This minister is rather naive and has a criminal mind like Woyome and most people in the NDC ; how on earth do you go to the bond market borrow at 10.25% and lend the same money to a local bank at say 15%; the bank then uses ...
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Some of these stupid ndc guys here, when will learn to read. The minister says the money was idle in the account. How can you borrow and keep it in an idle account. Stupidity. We are just fed-up with useless policies.
why do you go and borrowed the money and called it idle money and transferred it to a Nigeria commercial bank for you to earn interest on it? posterity will judge you and your government. we live to see.
Thank God for the Ahwois and Prof.Atta Mills for unearthing this quite but talented son of Ghana to hold this very important position in Govenment.
MR TEKPEY THESE ARE THE CRSZY THINGS YOU HAVE BEEN DOING ALL THESE YEARS TO CREATE DIFFICULTIES IN THE ECONOMY. GOVT BORROWS AT 10% + TO LEND AND PAYS 20% BACK ON TRASURY BILLS TO THE PERSON WHO HE LENT TO. SO WHY DID WE G ...
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That is exactly the issue. The money was sitting idle @ BOG meaning we have no immediate use for it. Why did we then borrowed it in the first place and be paying huge interest on it? I smell a fish
Mr. Tekper you are on the wrong side!
No reasonable man will give his money for safe keeping and then turn around to borrow from that same and pay interest.
Minister, your economics here is shallow. You seem to be the ignor ...
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Bawumia you are right. If you fo not mention it the will use false program and campaign with thr money. Gyeeda sada etc
Bawumia cannot school anybody cos he is a pathological liar and a useless economist. Why should we vote for a liar who will only come and frame figures for us in the long run. Terkper leave this frustrated idiot alone
What did he lie about? That the 250million was moved without parliamentary approval? That it was placed in another bank? Who are the owners of that secondary bank? For all you know, someone close to someone deee inside.
Is this bawumia normal at all cos he kept lying without pausing to judge his conscience
Without wisdom my people parish...get wisdom wai,it will help your next generation.
ASK TERKPE WHY GHANA HAS AN IDLE MONEY BUT TEACHERS DON'T HAVE COMMON CHALKS AND TEXT-BOOKS TO DO THEIR WORK?.A THIEF HAS DIFFERENT STORIES TO TELL WHEN HE'S CAUGHT.NDC IS NOT A POLITICAL PARTY BUT A BUNCH OF CRIMINALS AND LI ...
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He is 100% better than you if you have listen to his advice Ghana will never be as it is now bow down your head in shame
It is true tekper is lenient with this liar. We dont need this liars and thugs in the castle
A whole finance minister borrows money from the international money market only to allow it to lie fallow without using it for the earmarked purpose over more than a year? If the purpose for which you borrowed the money - ost ...
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SETH TEKPER HAS EXPOSED BAWUMIA. GOOD JOB.DON'T MID THE EMPTY BARREL, DISPLAYING HIS IGNORANCE AND STUPIDITY.
Oh Bawumiah, NPP is gradually limiting your image,before you realize,you are done to full disgrace and you will be dumped like a falling debris.Think well, Mr.
Tekper is the real master. He has said it as it is. Bawumia's nose has been bloodied in this argument.
Corrupt politicians thrieve on the ignorance of people. Terkper must resign
I didn't know Terkper, a whole finance minister, could be such a dunce. So how long is the money going to remain idle, because that is what it is still doing in the Nigerian bank. Did we borrow the money to stock other banks ...
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Tekpernomics and economics. Just resign in shame. Why then have we dropped from middle income to IMF bailout? Because of tekpernomics.
The whole issue is about transparency in the financial dealings of this government. Lending the money to a private bank means they would just collect the profit and share or put it into NDC accounts, and no one would be able ...
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tekper knows all this but still the economy is sick hahahaha
Bawumia image is sinking all the time. He needs to be smart before things get worse. Ghanaians are smarter and wiser than he thought.
The substance of Bawumia's accusation that he keeps mentioning is that the money must be moved from the bank of Ghana.
But Tekper is trying to confuse things with is interest accruing to the transferred money even though t ...
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Any respectable person who associates with Akufo Addo is eventually disgraced. See how a fine gentleman like Bawumia has smeared his face with dwarf shit? Bawumia has become a laughing stock and an economic caricature. I pit ...
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This man is deep in knowledge. By the Bank of Ghana Act, it is only the Bank of Ghana that is authorised to hold our foreign currency.Hmmm! Terkper must be prosecuted.
BENONY TONY AMEKUDZI, BARRISTER-AT LAW, QCL, PLC, DPA, CPA, BA (HONS) {GHANA}, MASTER OF LAWS (LLM) {NEW YORK, USA} PENDING, MEMBER, INTERNATIONAL (WORLD/GLOBAL) BAR ASSOCIATION, MEMBER, COMMONWEALTH LAWYERS ASSOCIATION, ASSO ...
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The sad part of this debauchery and rape of our economy and finances is not really with the actual perpetrators like clueless Terkper and Mahama, but the imbeciles who will go to any length to defend the indefensible, the sha ...
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Bawumia is speaking the truth.
I am not a banker but common sense tells me that if I have to put that money and borrow at a higher interest than what I am making from the investment then it is negative. Terpker you just went from zero to negative. Is there ...
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You do not understand Mr Terkper. If you keep the money at the central bank, you cannot use it neither can you borrow from it at any interest. In the meantime you're borrowing from the commercial banks anyway. So you give the ...
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So why go for Eurobond loan when you have no immediate need for the money? Do the additions what interest is being paid on the loan and what is the interest on government treasury? How can you even borrow your own money with ...
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Is Terkper saying those funds borrowed from the capital market was intended to transferred to a private bank to earn interest within the context of the GIIF? Is that what Seth Terkper is saying? Because his position on this m ...
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Lunacy has no cure. So too is the disease afflicting serial liars like Bawumia. There's no known cure for serial liars. Bawumia can't help himself when it comes to telling demented serial lies. Since the NPP has no agenda and ...
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A word to a fool is not enough, unless it is accompanied with two hefty slaps. I see the tantrums of Bawumia as a deliberate attempt to create state insecurity and panic in our economy. One more lie from this lost NDC son and ...
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Gentlwo/men why do you waste your time arguing! Bawumiah is intelligent enough to respond. Believe me he knows what he is saying. My brother Mahama should be bold to approach his brother Bawumia for advice. End of story! brot ...
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But Bawumia is totally right. If the funds is used to purchase of treasury bill, is the treasury bill interest free? How prudent is it to borrow your own funds and pay interest on it. If you get 8% on the illegal deposit and ...
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Mr minister if your story is the truth then why didnt you invest the entire 1 billion so that you get a bigger interest?I smell rat here.I still dont see the ignorance and the propaganda here.is the money 250
Ghana MPs are useless! How can they sit back for such a foolish buffoon minister to arrogantly calls their bluff instead of investigating him. OMG! What is happening in Ghana. This country is lawless and I urge all the opposi ...
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Mother fucker Bawumia. Cross disrespect. Your dead father ghost shall continue to disgrace you until you realized that, it was NDC money that your father used to educate you. Not even other ghost, your own dead father ghost s ...
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Why are you not challenging the facts?
Blind argument if we can even call it one. In this day and age, you are calling on ghosts to disgrace someone. What type of a citizen or better still (f**l) are you?
Address what is said and stop the insults.
LOOK A FOOL CALLING A WELL RECOGNIZED
ECONOMIST IGNORANT. WONDERS WILL NEVER END IN GHANA. WHAT ARE YOUR TRACK RECORDS AS A BANKER AND ECONOMIST.
THESE FOOLS IN NDC GOVT. CAN RANT ANYTHING FROM THEIR ASS HOLES.
GOD HELP P ...
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Terpker should be jailed for driving a buoyant economy which was growing without oil at more than 8% into a HIPC economy growing around 3% even with oil. Terkper and the NDC looting brigade have destroyed the economy of Ghan ...
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How can you borrow money and tell us that the money is idling? Does it make sense and you are paying the interest. Then you give it to a bank to use to buy your treasury bills at a higher value and interest. Why don't you jus ...
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Unacceptable
Politics is eating too much into Bawimia head making is sense of reasoning as an economist weaker by the day..... Alhaji, better stop confusing yourself and save your credibility...... The disgrace is becoming unbecoming.....
What Terkper and dead goat Mahama are doing with the $250million Eurobond is the same tactics they used in sharing the SADA money among John Mahama's family and friends. They have been exposed big time.
Mr T you are a qualified Chartered Accountant of good standing. Don't let this inferior graduate called Bawumia bully you.
Bawumia I guess should know that is the name of the game.. transfer to private accounts and loot afterwards! The year was 1999.The electorate was poised to throw the NDC out of office after 20 or so P/NDC years.The NDC knew t ...
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Dr Bawumia is talking about the LAW and nothing else so Mr Seth terkper pls the issue is not about PRUDENCE ooh ! A word to the wise is enough !
Bawumia is a complete disgrace to PhD holders in economics
Maybe you also benefit from it.It is the NDC's modus operandi for looting state coffers. How can a finance minister transfer state funds from Central bank, where all private banks keep their money, to a private bank.Ask yours ...
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He's so empty
Ok Hon Minister, if we did not need these funds for more than a year, why did we go for the loan and therefore subject ourselves to repayment of the principal plus interest for this first year? The idea was to use these funds ...
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A 419 connection
NDC crooks
Tekper u really made me enjoy my supper this evening, this is the time to peg them from running away with falsehood to incite some sections of the ignorant public anger against government's prudent policies.
The finance minister should understand that lack of transparency on the part of the government and its bad track record in managing the national purse is what is prompting Dr. Bawumia to indulge in whatthe minister is describ ...
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I weep when l hear NDC people talk. Seth Tekper has no Phd so his basic knowledge is far below Bawumia. Learn to respect academia. As a UG graduate, l dare Seth to a debate on his poor economy and limited knowledge of what he ...
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Bawumia is no where near the many NDC economist or bankers available today. He is only fooling you guys in the NPP to believe he is good by cooking figures and when asked to prove, he says something different or go look for t ...
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BE BOLD AND TELL US WHO ARE THE NDC ECONOMIST AND BANKERS.WHAT TYPE DRUG ARE YOU ON.OUR ECONOMY TELLS US WHAT YOUR BANKERS AND ECONOMICS CAN DO.BAWUMIAH HAD SAID IT BEFORE THAT YOU PEOPLE DON'T READ SO YOU DON'T KNOW ANYTHING ...
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I know from day one this man from my home town somanya he is not correct as we are in Ghana now who don't what is going on fool
Tekper is right. Bawumia feels he's the only learned and practiced banker-economist in Ghana. Prudent banking management also implies earned interest on your principal amount. Cross-check with Matthew 25:14-25 in reference to ...
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WHEN DR. BAWUMIA SAID THE NDC MEMBERS DONT READ , WE WERE ALL AMAZED OF HIS FIDNIGS, BUT THE TRUTH CAME OUT WHEN THE WHOLE GHAMNA WAS NOT ABLE TO IDENTIFY THE PRESIDENT DURING THE INDEPENDENCE DAY CEREMONY, OF WHCH UHURU KENY ...
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Bawumia is the greatest lier in the history of Ghana.
you may be a cheap lady, have read the article well
I was expecting Bawumia to juz tell us whether what Seth Terkpe did was lawful. He shld resign on which grounds?
Bawumia is one of de confused minister ever in de history of Ghana.
He attacked de statistical serve abt thei ...
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Without wisdom my people parish,get wisdom and it will help your next generation
Without wisdom my people parish,pls get wisdom it will help your next generation
masa i will not read your alticle but judges you wrong write a good name for yourself like J.H Mensah,Kwesi Botwe etc,etc and stop kofi-adams aseidu-nketia,koku anyindome & so called men and tell the truth as everything is at ...
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Temper is confused, I am sorry you may go to jail because of this incompetence
Is it GIIF that placed the US$250m at UBA? Money borrowed from international markets and handed over to GIIF to invest at UBA, of all banks? Is that the role of GIIF?
Whoever borrows money to invest when the interest he ha ...
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Bawumia is full of propaganda. No serious Ghanaian will take him serious (Mr pinksheet)
The only thing Bawumia knows was to change Ghana cedis to be the same as 1USA dollars equals to 1 Ghana cedis.
Why did you wait for this long? Bawumia Balawu Buluu has been running riots and lying for years now and every time, you take the high road, saying we guys are professionals and will not attack nor insult in good measure. You ...
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Lack of knowledge NPP perished for ever.
THIS IS FINANCIAL FRAUD LIKE WOYOMIGATE AND BUS BRANDING
Always stealing. 419 president with stupid finance minister.
A great man once said "You can fool some people sometimes but not all the people". Well am not an economist but between the two I think Bawumia makes sense. Even a class one pupil can see meaning in what the man is saying.
THE NDC IS LOOTING GHANA WITH ALL TRICKS
CONFUSED BAWUMIA IS DISGRACING HIMSELF. BEFORE I KNEW HIM AS A WELL EDUCATED AND A QUIET GUY. THE LIES ARE BECOMING TOO MUCH. WHY DO ALL THE DONKEY JOB FOR NPP ?. AT SUPREME COURT U DISGRACED YOURSELF AND U KEEP DOING SO. PL ...
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BAWUMIA WITH ALL HIS ACCLAIMED INTELLECTUALITY AND SO CALLED PHD HAS PROVEN TO BE A CHICKEN HEAD. WHAT A POOR LOW-ENERGY FOOL HE IS.CHARTERED ACCOUNTANTS ARE THE REAL MASTERS OF FINANCE AND CORPORATE LAW .SO LET SOME TELL THA ...
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The lips of the righteous, teaches many but fools and I repeat fools die for want of wisdom. Google this two men and ready about them. That alone should tell you being older doesn't mean you got all the brains just like fire ...
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ONE BEHIKE 56 CUBAN CIGARS FOR TERKPER!!
LONG LIVE THE TURNAROUND EXPERT, TERKPER!!!
LONG LIVE MAHAMA!!!
LONG LIVE GHANA!!!
Hon Terkper, pls superimpose your rhetorics against the law bawumia quoted and prove your innocence. Your resort to claims of propaganda on bawumia's side is useless and obviously a stupid remark! Pls talk like a finance mini ...
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What the Minister us saying is the absolute truth. Its definitely value destruction to keep money with the Central Bank at zero interest. Lets stop colouring issues with political gimmicks and discuss issues to promote the de ...
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You are misleading Ghanaian, which investment have you made with? At what rate.? Ghanaians want to know.
You Ghanaians are indeed in the hands of criminal gangs headed by mahama.
Terkper, Attivor, Betty, Barton Oduro be prepared to be jailed for ever.
CRIMINALs in power
Accountant Tekper. When did you ever learn to do any financial planning. You should never have been a finance minister of this country, but Mahama knows no better. You are a laughing stock.
No economists does financial planning. I guess this fucking fool is referring to Budgeting, something Accountants are even better at than the Economist.
You are just plain ignorant just like the fucking Bawumia Buluu that ...
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Managing economy is more integrated than any singular sector.... accounting, economics, financial planning, etc.... there are experts in these fields... ministers can consult if they lack skills. My problem is that some expe ...
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I agree with you that managing an economy calls for an integrated approach. Terkper has that exposure by his real-world work experience.
Bawumia on the other hand has been a theoretical classroom economist. His first on th ...
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someone should tell Dr pink sheet that he and I were not there
Mr. Tekper stop the loose talk and the reckless management of our treasury.You've proved the degree of your ignorance of what it takes to man your position in government.
Thieves!You will be gone, come November.
Nipa bi are fools like those following NDC party gyimiii paaaaa ni
You called Bawimie "ignorance " u not serious.
Bawumia must go get experience from ALLIANZ FINANCIAL CHIEF:Mohammed Alfaradi.Bawumia must fo and learn how do handle enonomy
My SHS Economic master is far far better than Bawumia .can this person be a proper vice president? mmmmmmmh God help Ghana
There are a few important questions that our government is ignoring here....
1. The primary objective of government is the provision of services to the citizens(service delivery). Ghana has a lot of service delivery issues, ...
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Supposed that the exchange rate increases (depreciates) to 5ghs to $1... it means that 4880Ghs ÷5 = $976 meaning government have lost about $131.50. If currency appreciates to 3ghs, the transaction is worth $1628 meaning g ...
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If you think a wrong has been done, just go to court and let the court decide. Good luck.
Seth Terkper's position is not logical. How do you give your capital to a private bank to make 12% savings only for the same bank to buy govt treasury bills at 26%. Who is losing here, Mr. Minister???
The worse finance minister Ghana has ever had isTerkper.His inefficency is what has led Ghana 2 where we're now.Knowing his poor perfomance, he organised a courtesy visit of chiefs in his area 2 the prez.The chiefs pleaded wi ...
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Time to fight against blatant corruption
Ghana would not be in this cesspool if your brain had any academic substance in it, Mr Terkper. You are as useless as your President!
I FEEL PITTY FOR GHANA OUR DEAR COUNTRY,WE SEE NOTHING WROUNG SEENDING A WHOPING-$250 MILLION BORROWED MONEY TO A PRIAVITE BANK IN NO OTHER COUNTRY THAN NIGERIA?
HMMMMMMMMM ASEM BEBA DABE
Terkper,the criminal fool. Sooner than later, you plus your criminal crooks in ndc will account to the people Ghana in court.
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Terkper should come out and say how much he and Abiola Bawiah made from this deal. Their accounts must be audited
What is ignorant about Bawumia?my qt to Mr.Terkper, hw much is a gallon of fuel,and also hw much is the dollar today in ghana,.case close.tnx
It is good that in 8 years Ghana has not devalued, revalued and devalued its currency. During their time face money changed thrice. Did they tell Gh how much was printed in these bogus economic policies? Too much money printe ...
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no good professor will play propaganda with the economy of a nation but Tekpe has been doing that with Ghana economy he is been pressured by asiedu nkatiah to do so.oh what. a pity
Terkper is waste of space and his boss.
Waster of Space.
My brother preach it. This is not rocket science. Why go borrowing when when you have nothing to invest the money with. This is pure ignorance and face the reality that it's wrong moving money from the central bank to a priva ...
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MR TERKPE WHEN WILL YOU STOP LYING TO GHANAIANS?
Due to global deflation interest rates in capital markets are lower & cheaper to borrow after the meltdown in Greece & cetain EU countries.
At the time Eurobond was issued due prudent management of & the good fiscal forec ...
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Mr. Terkper, have you really understood the assertions of Dr. Bawumia on the illegality and financial malfeasance of your action? What does section 53 of the current Bank of Act, stipulate? Does the placement of $250m form pa ...
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Common knowledge that the banks give kickbacks for people who bring business / money to them up to 5%. That is about $12.5 million which will go into his personal pocket far more than the 23 million Ghana cedis he is talking ...
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What ever Dr Bawumiah says is the truth, the same Bawumiah spoke about the countries economy and Terkper told us that it's not true but all Ghanaians saw what happened. Terkper and his president Mahamah are all useless,and d ...
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