By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Galamsey: NDC’s Julius Fieve acknowledges concerns but rejects immediate state of emergency
    October 9, 2026
    Awula Serwah backs state of emergency against galamsey, demands action
    October 9, 2026
    Galamsey: ‘We’re concerned about criminals’ livelihoods, not farmers’ – Awula Serwah
    October 9, 2026
    Galamsey threatens food safety beyond mining communities – Eco-Conscious Citizens Director
    October 9, 2026
    Galamsey: Atiwa Forest destruction threatens water security for over 5 million Ghanaians – Awula Serwah
    October 9, 2026
  • Business
    BusinessShow More
    Adjaye Associates opens new Accra studio with public space for cultural exchange
    October 9, 2026
    TOR boss Edmond Kombat named ESRP Champion of the Year 2026 after refinery revival
    October 9, 2026
    Jinapor commends NPA, BOST for stability in petroleum market
    October 9, 2026
    Businesses that fail to embrace AI risk fading out – Apostolic Professionals Network Chairman
    October 9, 2026
    BoG warns against gluing, taping cedi notes; directs public to banks for replacement
    October 9, 2026
  • Politics
    PoliticsShow More
    Galamsey: NDC’s Julius Fieve acknowledges concerns but rejects immediate state of emergency
    October 9, 2026
    World Cup travel slots were sold, not fairly allocated – Jamaludeen Abdullah
    October 9, 2026
    ‘Why did you mislead Ghanaians?’ – Jamaludeen Abdullah challenges Mahama over galamsey fight
    October 9, 2026
    Free SHS not enough to justify NPP’s development record – Fieve
    October 9, 2026
    NPP failed to reflect on 2024 defeat – Julius Fieve
    October 9, 2026
  • Entertainment
    EntertainmentShow More
    Itz Tiffany finds strength in ‘Hustler’ featuring Lalid
    October 9, 2026
    Entertainment Week Ghana 2026 kicks off with second Creative Economy Incubator
    October 9, 2026
    Dorcas Affo-Toffey, Nsein Chief support Lil Win’s movie project at Nzulezu
    October 9, 2026
    Nana Akua assault case: Husband to be arraigned after hospital discharge – Police
    October 8, 2026
    Kojo Manuel joins EIB Network, takes over Starr Drive
    October 5, 2026
  • Sports
    SportsShow More
    World Cup travel slots were sold, not fairly allocated – Jamaludeen Abdullah
    October 9, 2026
    I was not involved in World Cup Visa sales – Maame Efua Houadjeto
    October 9, 2026
    We did not collect money for World Cup visa opportunities – GTA
    October 9, 2026
    Youth and Sports Committee commends NYA CEO over Azumah Nelson Sports Complex revival
    October 8, 2026
    Minority demands removal of Kofi Adams, GTA boss over World Cup visa ‘scandal’
    October 7, 2026
  • Technology
    TechnologyShow More
    Yellow Card named Diamond finalist at the 2026 Money Awards
    October 1, 2026
    Samsung Galaxy Watch: A Healthier Heart Starts at Your Wrist
    October 1, 2026
    Samsung unveils Galaxy Tab S12 series ahead of Ghana launch
    October 1, 2026
    Create Ghana-specific TikTok guidelines to curb harmful content – Michael Donyina Mensah
    September 18, 2026
    Govt should prevent harmful content from going viral rather than rely on arrests – CenPOA Director
    September 18, 2026
  • International
    InternationalShow More
    Ghana, Czech Republic explore deeper defence and security cooperation
    October 8, 2026
    Messi’s Final Dance: A Legend Bows Out in Blue and White
    October 7, 2026
    Ghana to formally apply to join BRICS after Cabinet approval – Ablakwa
    October 6, 2026
    Mahama, Jaishankar discuss Ghana-India trade, rail and pharmaceutical cooperation
    October 6, 2026
    Ayariga, World Bank discuss strategies for resilient urban development
    October 6, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Bond saga: SC adjourns case
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
Editors PickGeneral

Bond saga: SC adjourns case

Starrfm.com.gh By Starrfm.com.gh Published May 10, 2018
Share
SHARE

A seven-member Supreme Court panel has rejected a new motion called the “memorandum of issues” filed by the Dynamic Youth Movement of Ghana (DYMOG) in a case against the finance Minister, Ken Ofori Atta. The said Memorandum of issues was signed by the president of the group, a practice the court considers inappropriate.

The anti-graft organisation, DYMOG  in January this year sued the Finance Minister Ofori Atta, the Commission on Human Right and Administrative Justice (CHRAJ) and the Attorney General over what it described as the “infamous” GH$2.25 billon bond.

The Ministry of Finance last year announced the successful issuance of 15 and 7 years bonds with the coupon rate of 19.5% raising a total of $1.13billion.

On April 25, 2017, a citizen, Yaw Brogya Genfi petitioned the Commission on Human Rights and administrative Justice (CHRAJ) to investigate the bond transaction because he suspects that the Finance Minister was caught up in conflict of interest.

The Commission, however, after its investigations gave wide-ranging directives in relation to bond issuance in order to ensure transparency and clarity.

DYMOG, however, dismissed CHRAJ’s clearance of the Finance Minister as “disappointing” necessitating its suit at the Supreme Court praying among other things,  a declaration that by going beyond investigations to make a pronouncement (of guilt or otherwise) on the 1st Defendant [Ken Ofori Atta] in respect of the allegation of breach of conflict of interest, the 2nd Defendant  [CHRAJ] has contravened Article 287 of the 1992 Constitution.

It is also seeking the Court  to declare that by interpreting Article 284 of the 1992 Constitution (as disclosed between paragraph 3 of page 127 and paragraph 3 of page 133 of the Report),  CHRAJ  has contravened Article 130(1)(a) of the 1992 Constitution; and also a consequential order that the content of the report as specified in reliefs (a) and (b) above be expunged from the Report.

Speaking to Starr News after the Court rejected his client’s new filed motion, Osman Alhassan said after their suit was filed with all the responses, the next step is to file the memorandum of issues, spelling out the issues in contention that DYMOG wants the court to determine.

“And so the rules define or set out the procedure for filing the memorandum of issues,” he said, adding usually preference is given to a joint memorandum of issues “which is that all parties agree  to the issues and file on one document.”

“But if you attempt to file a joint memorandum of issues and it doesn’t work, the rules also state that each party can file his or her memorandum of issues and that is what happens here. But the court prefers that we still come with a joint memorandum of issues. So we have withdrawn our memorandum of issues and we are going to sit with the other parties and come out with a joint memorandum of issues,” he stated.

Source: Ghana/Starrfmonline.com/103.5FM

You Might Also Like

Galamsey: NDC’s Julius Fieve acknowledges concerns but rejects immediate state of emergency

Awula Serwah backs state of emergency against galamsey, demands action

Galamsey: ‘We’re concerned about criminals’ livelihoods, not farmers’ – Awula Serwah

Galamsey threatens food safety beyond mining communities – Eco-Conscious Citizens Director

Galamsey: Atiwa Forest destruction threatens water security for over 5 million Ghanaians – Awula Serwah

TAGGED:bondDYMOG
Share This Article
Facebook Twitter Email Print
Share
Previous Article Dr Mahamudu Bawumia All Trade barriers between Ghana and Nigeria must go – Bawumia
Next Article Deferral of MMDCEs poll calls for more scrutiny – IDEG

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?