A former deputy Finance Minister Cassiel Ato Forson has described as disappointing and “unpresidential” vice president Dr. Mahamudu Bawumia’s description of the minority as “ignorant.”
Dr. Bawumia following the Minority’s stance over the government’s issuance of a $2.25 billion accused the minority in parliament of ignorance urging them to read more.
The Minority at a press conference Tuesday April 18, 2017 cited the finance minister for conflict of interest and lack of transparency in the issuance of the 15 year bond.
“It shows a lack of understanding. The minority has never understood this economy. It shows ignorance and I’m so sad this is coming from people who should know better,” Dr. Bawumia said of the Minority.
“Maybe they should read a little…” he added, drawing wide condemnation from the minority and the section of the public.
According to Mr. Ato Forson, the vice president’s comments were unfortunate and a dent to the office he holds.
“…It is not presidential,” he told Accra based Joy FM Friday.
Government issued 15 and 7-year bonds with a coupon rate of 19.75%, raising a total amount of USD 1.13 billion. The Finance Ministry additionally raised cedi equivalent of USD1.12 billion in five and 10-year bonds through a tap arrangement.
Meanwhile, the Member of Parliament for Keta Constituency Richard Quashigah has called on the Dr. Mahamudu Bawumia to withdraw and apologise for what he described as “jaundiced” remarks.
He said in a statement that: “If indeed the reportage as put out by the media is accurate, then he is advised to learn to speak with diplomacy and dignity expected of a Vice President or else before long he could cause this nation an incalculable international embarrassment. Assuming without admitting that the minority got it wrong, couldn’t he have clarified without insults?.”
“Mr. Bawumia, the current Vice President of Ghana, must do the excellent thing by withdrawing and must apologize to the good people of Ghana. The use of intemperate language is unbecoming of the Vice President,” he added.