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Rumor Mill of Friday, 31 October 2003

Source: Palavar

President Kufuor In Secret US$2.5 Billion Loan Deal ?

Intelligence reports reaching Ghana Palaver reveal that an NPP Government team recently initialed a US$2.5 Billion secret loan deal with a group of Chinese businessmen in South Africa.

According to a report leaked from a confidential source, the deal has all the features of the abortive US$1 Billion scam loan which the NPP Government tried to transact unsuccessfully with the phantom 'IFC' and which nearly ruptured relations between the NPP Government and the Bretton-Woods institutions.

Our source revealed that unknown to the NPP team that negotiated the deal, the Chinese financing group that they dealt with are linked directly to the Chinese 'Triad', a dreaded 'Mafia-type' Chinese underground organization that traffics in drugs and is involved in international prostitution, pornography, money-laundering and political assassinations.

Whilst the 'MacMillan English Dictionary for Advanced Learners', International Students Edition (2000) defines 'Triad' as "a secret organization of Chinese criminals", the Chambers Encyclopedic English Dictionary (1994) defines it as "any of several Chinese secret societies, especially one involved in organized crime or drug trafficking".

Our source informs us that the only obstacle that is facing the NPP negotiating team now is the requirement of Parliamentary approval, but they had hoped to depend on their slim majority to see the deal through, until, of course, with the expose by the ubiquitous Ghana Palaver? (See our Front Page Comment).