{"id":188403,"date":"2014-05-25T11:00:00","date_gmt":"2014-05-25T11:00:00","guid":{"rendered":"http:\/\/ghana-mma.com\/ive-no-regrets-kufuor-declares\/"},"modified":"2014-05-25T11:00:00","modified_gmt":"2014-05-25T11:00:00","slug":"ive-no-regrets-kufuor-declares","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2014\/05\/25\/ive-no-regrets-kufuor-declares\/","title":{"rendered":"I&#8217;ve No Regrets \u2013 Kufuor Declares"},"content":{"rendered":"<p><div id=\"newsimage\">&#13;<\/p>\n<div>&#13;<\/p>\n<div class=\"mgsImg\"> <img decoding=\"async\" alt=\"Former President John Agyekum Kufuor\" src=\"http:\/\/img.ghanamma.com\/uploads\/2014\/05\/9eab240x_mg_johnkufuor1.jpg\" onclick=\"javascript:window.location='\/GhanaHome\/image_preview.asp?which=1&amp;menu_id=1&amp;id=NTQzNjQ2';\" border=\"0\" hspace=\"0\" vspace=\"0\" \/><\/p>\n<div class=\"mgscap\">&#13;<\/p>\n<div class=\"mgscapTxt\">Former President John Agyekum Kufuor<\/div>\n<p>&#13;\n    <\/p><\/div>\n<p>&#13;<br \/>\n    &#13;\n  <\/p><\/div>\n<p>&#13;<br \/>\n  &#13;\n<\/p><\/div>\n<p>&#13;\n<\/p><\/div>\n<div id=\"bodytext\">\n<p>FORMER PRESIDENT John Agyekum Kufuor, in a rare public interview, has robustly defended some of the controversial decisions taken during his eight-year administration, particularly the sale of Ghana Telecom (GT).<\/p>\n<p>The sale of then state owned GT generated massive furore from the then opposition National Democratic Congress (NDC) and other anti-government elements at the time.<\/p>\n<p>He put up the defence during an interview he granted on Joy News&#8217; Personality Profile programme on Multi TV, pointing out that the decision was informed by the company&#8217;s insolvency occasioned by a $400 million overwhelming debt.<\/p>\n<p>He said if given the opportunity to take such a decision again, &#8216;I will do it a hundred times for the betterment of Ghana.&#8217;<\/p>\n<p>Mr. Kufuor said GT was a drain on the economy because &#8216;it wasn&#8217;t efficient and it wasn&#8217;t competitive, considering that there were other companies like Spacefon which were beating Ghana Telecom in competition.&#8217;<\/p>\n<p>His acquiescence led to the sale in 2006 of government&#8217;s 70% shares in the telecommunications company to Vodafone International Holdings B.V., the barrage of attacks his government came under notwithstanding.<\/p>\n<p>Both opposition elements and their supporters pointed at financial malfeasance in the transaction and asked that it be aborted.<\/p>\n<p>&#8216;We got $900 million &#8216;neat&#8217; dollars [from Vodafone] for 70% shares paid up front,&#8217; the former President stated.<\/p>\n<p>Many of the workers on the payroll of the company were regarded as redundant and therefore adding to the cost of running the company, the former President underscored.<\/p>\n<p>He told his host that the transaction was not for him but for the country, pointing out that before the sale the Malaysians who had 30% shares in it (GT) ran it for five years without accountability.<\/p>\n<p>One of the opponents of the transaction, the Kwesi Pratt-led Socialists Forum, attacked the transaction as &#8216;done through a secretive and fraudulent process, superintended by the Ministry of Finance.&#8217;<\/p>\n<p>The interview dealt with a broad-spectrum of subjects including the Dagbon debacle, about which he said it was one thing which shook him when it occurred.<\/p>\n<p>He regretted the fact that he was unable to find a permanent solution to the crisis which engulfed the northern part of the country; and prayed that this feat would be achieved so permanent peace could be restored.<\/p>\n<p>&#8216;There was one event that I have had the occasion to tell the world and I pray to God that it wouldn&#8217;t ever happen again &#8211; the Dagbon crisis. It shook me to my foundations and I pray that it doesn&#8217;t happen again. And I pray that there will be a permanent solution so that that traditional part of our country will find itself restored to harmony.&#8217;<\/p>\n<p>In the early days of his assumption of power, the Overlord of Dagbon, Ya Na Yakubu Andani II, was murdered, sparking a chain of reactions and counterattacks.<\/p>\n<p>Speaking about his life after retirement from the presidency, Mr. Kufuor said his house is now a Mecca for visitors, receiving &#8216;an average of 30 guests a day.&#8217;<\/p>\n<p>He continued, &#8216;In my retirement, I thought I was going to have perhaps a free and lesser burden period but I&#8217;m in a way exposed.<\/p>\n<p>All the many friends I made around the country and even from beyond Ghana come in on the basis of goodwill and truly my nature is such that I cannot stop them from coming.<\/p>\n<p>&#8216;And I find that my house has become like a town hall. Every day from morning to night I get visitors, many of them just drop in. They don&#8217;t come by appointment or anything, they just come. Averagely, every day, not less than 30 to 40 people come from all over.&#8217;<\/p>\n<p>By <strong>A.R. Gomda<\/strong><\/p>\n<div style=\"font-size:12px;clear:both;\">\n<div style=\"padding:5px;background-color: #eee;\"><b>Comments:<\/b><br \/>This article has <b>0<\/b> comment,  leave your comment.<\/div>\n<\/div>\n<p>&#13;\n\t\t\t    \t<\/p><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#13; &#13; &#13; Former President John Agyekum Kufuor&#13; &#13; &#038;#&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-188403","post","type-post","status-publish","format-standard"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/posts\/188403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/comments?post=188403"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/posts\/188403\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/media?parent=188403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/categories?post=188403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2014\/wp-json\/wp\/v2\/tags?post=188403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}