Going…Going… NPP MPs Push For “Greedy” Ken Ofori-Atta’s Head to Be Axed From Finance Ministry

More than half of the Members of Parliament (MPs) from the ruling New Patriotic Party (NPP) have warned President Akufo Addo to sack his nephew, Finance Minister Ken Ofori-Atta for collapsing the economy.

Ken Ofori-Atta has been linked to the blatant conflict of interest and several scandal-ridden deals such as the Power Distribution Service (PDS) deal that sought to defraud the country out of the State-owned electricity company and the Agyapa Royalty deal that sought to capture all of Ghana’s mineral royalty for regime cronies and faceless Wall Street vultures in notorious tax havens.

Calls for his dismissal have been building up for over five years now, mostly from civil society organisations and the opposition National Democratic Congress (NDC). However, this time, 80 out of the 137 NPP parliamentarians have joined in the crusade to kick out Ken Ofori-Atta who has been fingered for personally collapsing over 300 banks and financial institutions in Ghana to allegedly give his personal brokerage firm and financial institutions a near-monopoly over Ghana’s finances.

On Tuesday, October 25, 2022, the Majority Caucus of NPP parliamentarians held a Press conference calling for the dismissal of the embattled Finance Minister, citing conflict of interest and lack of confidence in his style of managing the country’s finances.

“The recent developments within the economy are of great concern to the greater majority of members of our caucus and our constituents,” the Majority Caucus of the NPP said in a statement read on their behalf by Andy Appiah-Kubi, the NPP Parliamentarian for the Asanti-Akim North Constituency.

According to angry NPP parliamentarians, they have made their grievances known to President Akufo Addo.

Information picked up by Whatsup News indicates that some days ago when President Akufo Addo caught a hint of his MPs bracing for a face-off over Ken Ofori-Atta, he quickly requested to meet with them on Monday, October 24, 2022. However, when the MPs honoured the invitation, the President left them in the cold by not turning up for the meeting he personally requested.

This disrespect reportedly forced the NPP MPs to go public with their demand for the head of Ken Ofori-Atta.

Insiders have confirmed that despite the intense pressure for the removal of the Finance Minister, President Akufo Addo is unwilling to budge because it was Ken Ofori-Atta who used his brokerage firm, Databank Financial Services to bankroll the Akufo Addo presidential campaign.

This entrenched position of President Akufo Addo is reportedly stoking a massive uprising within the ruling party, and it may lead to an implosion soon.

Meanwhile, the situation looks even more hopeless for Ofori-Atta, as all the 137 parliamentarians from the opposition NDC have signed an official memorandum calling for the sacking of the crooked Finance Minister for his “despicable conflict of interest”.

The memo to the Speaker of Parliament signed by the Minority Chief Whip, Mohammed-Mubarak Muntaka listed a slew of incriminating activities that Ken Ofori-Atta had been involved in since being made the Finance Minister in 2017.

Some of the accusations include him using favouritism to grease his private with the juicy deal of being a Bond Market Specialist for the Government of Ghana. This means that as a transaction advisor to the Ghanaian government, Ken Ofori-Atta’s private company earns commissions every time the country contracts debts through bonds.

“He directly benefits from Ghana’s economic woes as his companies receive commissions and other unethical contractual advantage,” the Minority’s memo read.

Ken Ofori-Atta has also been accused of unconstitutionally withdrawing funds from the Consolidated Fund in “blatant contravention” of regulations.

Among Ofori-Atta’s crimes is what the Minority and several civil society organisations have revealed as illegal payments of Ghana’s oil revenues into offshore accounts for the construction of a scam National Cathedral.

Ofori-Atta is also known to have been cooking economic data to deceive the public into thinking the Ghanaian economy was not in distress.

These are serious indictments on the Finance Minister, and the refusal of President Akufo Addo to budge to demands for the dismissal of his nephew is said to be heating up the temperature in the ruling party in what could explode into an all-out war in the party.