{"id":450802,"date":"2017-12-29T12:14:13","date_gmt":"2017-12-29T12:14:13","guid":{"rendered":"https:\/\/ghana-mma.com\/2017\/12\/29\/media-reportage-on-chraj-ruling-misleading-minority-says-decision-vindicates-their-position\/"},"modified":"2017-12-29T12:14:13","modified_gmt":"2017-12-29T12:14:13","slug":"media-reportage-on-chraj-ruling-misleading-minority-says-decision-vindicates-their-position","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2017\/12\/29\/media-reportage-on-chraj-ruling-misleading-minority-says-decision-vindicates-their-position\/","title":{"rendered":"Media reportage on CHRAJ ruling misleading; Minority says decision vindicates their position"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">General News of Friday, 29 December 2017<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Myjoyonline.com <\/p>\n<p>2017-12-29<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/07\/27175878.295.jpg\" alt=\"Haruna Iddrisu 35\" title=\"Haruna Iddrisu 35\" width=\"295\" height=\"166\" \/><span class=\"image_caption\"><span>Minority Leader, Haruna Iddrisu<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125813973067\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125813973067\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2017\/12\/1514549653_645_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\"> The Minority in parliament says media reports suggesting the Commission on Human Rights and Administrative Justice (CHRAJ) has cleared Finance Minister, Ken Ofori-Atta of a conflict of interest, are misleading.<\/p>\n<p>According to the Minority, the CHRAJ decision rather notes several breaches of statutory regulations governing the issuance of $2.25 billion bond and cited the Minister for misconduct bordering on criminality.<\/p>\n<p>CHRAJ on Thursday released a statement on its five months\u2019 investigations into allegations of conflict of interest made against the Minister by a citizen, Mr Yaw Brogya Genfi. He complained that Mr Tevor G Trefgarne of Franklin Templeton Investment Limited which purchased 95% of the bond and the Minister of Finance are \u201cgreat friends.\u201d<\/p>\n<p>The findings included interviews with the parties involved, industry players, transaction advisors, security brokers and the Registrar General., and the review of guidelines, regulations, laws, and other documents.<\/p>\n<p>CHRAJ concluded that, \u201cOn the basis of the evidence available to the Commission, it has come to the conclusion and therefore holds that the allegations by the complainant that the respondent has contravened Article 284 of the 1992 Constitution by putting himself in a conflict of interest situation in relation to the issuance of the 5-year, 7-year, 10-year and 15-year bonds, have not been substantiated.\u201d<\/p>\n<p>The Commission further gave wide-ranging directives in relation to the bond issuance processes to ensure transparency and clarity.<\/p>\n<p>However, Minority Leader, Haruna Idrisu, in a statement issued Friday, says the reports in the media are inaccurate.<\/p>\n<p>\u201cContrary to some publications on a number of online portals to the effect that the Finance Minister has been cleared of wrongdoing, CHRAJ in its decision agrees largely with our stated position from the very beginning that the bond issuance did not follow due process.<\/p>\n<p>\u201cCHRAJ in its summary of key findings noted several breaches of statutory regulations governing the issuance of bonds and cited the Minister for conduct bordering on criminality.<\/p>\n<p>\u201cIt is the considered position of the Minority that the adverse findings contained in the decision of the CHRAJ vindicate our position that the US$ 2.25 Billion bond issuance was fraught with irregularities and did not comply with Ghanaian law,\u201d the release noted.<\/p>\n<p>The statement indicated further, the intention of the Minority to engage the media next week to provide details of their position on the outcome of the investigations and consequential matters.<\/p>\n<p><!-- uploaded by: 49 updated by: -1 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General News of Friday, 29 December 2017 Source: Myjoyonline.com 2017-12-29 Minority Leader, Haruna Iddrisu The Minority in parliament says media reports suggesting the Commission on Human Rights and Administrative Justice (CHRAJ) has cleared Finance Minister, Ken Ofori-Atta of a conflict of interest, are misleading. According to the Minority, the CHRAJ decision rather notes several breaches [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":402367,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-450802","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Media reportage on CHRAJ ruling misleading; Minority says decision vindicates their position - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2017\/12\/29\/media-reportage-on-chraj-ruling-misleading-minority-says-decision-vindicates-their-position\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Media reportage on CHRAJ ruling misleading; Minority says decision vindicates their position - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"General News of Friday, 29 December 2017 Source: Myjoyonline.com 2017-12-29 Minority Leader, Haruna Iddrisu The Minority in parliament says media reports suggesting the Commission on Human Rights and Administrative Justice (CHRAJ) has cleared Finance Minister, Ken Ofori-Atta of a conflict of interest, are misleading. 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