{"id":606832,"date":"2019-04-10T20:42:56","date_gmt":"2019-04-10T20:42:56","guid":{"rendered":"<br><div>\n<p class=\"floatLeft\">General News of Wednesday, 10 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>citinewsroom.com<\/p>\n2019-04-10\n\n<div class=\"article-left\">\n<p class=\"article-image\"><img src=\"https:\/\/cdn.ghana-mma.com\/2019\/04\/586"},"modified":"2019-04-10T20:42:56","modified_gmt":"2019-04-10T20:42:56","slug":"we-have-a-value-for-money-report-on-sinohydro-deal-oppong-nkrumah-replies-minority","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/10\/we-have-a-value-for-money-report-on-sinohydro-deal-oppong-nkrumah-replies-minority\/","title":{"rendered":"We have a value for money report on Sinohydro deal \u2013 Oppong Nkrumah replies Minority"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">General News of Wednesday, 10 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>citinewsroom.com<\/p>\n<p>2019-04-10<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/04\/58683230.295.jpg\" alt=\"Kojo Oppong Nkrumah Information Minister\" title=\"Kojo Oppong Nkrumah Information Minister\" width=\"295\" height=\"210\" \/><span class=\"play-icon\">play video<\/span><span class=\"image_caption\"><span>Minister for Information, Kojo Oppong Nkrumah<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\">The Minister for Information, Kojo Oppong Nkrumah, has described concerns from the Minority over the absence of a value for money audit for the $2 billion Sinohydro deal as disingenuous.<\/p>\n<p>\u201cValue for money is not a prerequisite for parliamentary approval,\u201d the Minister countered on the Citi Breakfast Show.<\/p>\n<p>\u201cWhat Parliament considers are the financial terms and the technical specifications are also made available to the sector-specific committee,\u201d said Mr. Oppong Nkrumah.<\/p>\n<p>The Minister also said there \u201cthere is a value for money report as we speak\u201d, he said in response to the claims by the Ranking Member on Parliament\u2019s Road and Transport Committee, Kwami Agbodza.<\/p>\n<p>Kwami Agbodza claimed that the Vice President, Dr. Mahamudu Bawumia, was preventing technical officers from coming up with a value for money audit on the Sinohydro deal.<\/p>\n<p>\u201cThere are times when Parliament will say go ahead with this but share with us the value for money eventually when it is done,\u201d Mr. Oppong Nkrumah added.<\/p>\n<p>According to him, the value for money audit addresses issues of risk and prescribes ways of dealing with them.<\/p>\n<p>Kwami Agbodza also complained that no legal opinion was sought on the deal.<\/p>\n<p>But Mr. Oppong Nkrumah again reminded that seeking legal opinion was not a prerequisite for passage by Parliament.<\/p>\n<p>\u201cIt is not a standard practice that the AG has to furnish written opinion to parliament anytime parliament is considering an agreement of this nature.\u201d<\/p>\n<p>\u201cI am surprised that if indeed there was the need for it by the committee, I would have expected that they would have requested the attorney general to make that opinion available,\u201d he added.<\/p>\n<p>The first phase of the project, costing $646.6 million begins with the Tamale Interchange project.<\/p>\n<p>Road infrastructure in Ghana will benefit from $1.5 billion of the funds guaranteed by the deal.<\/p>\n<p>Other roads for the first phase have been agreed upon, according to the Minister.<\/p>\n<p>The Master Project Support was agreed between Ghana and China in 2018 to address major infrastructure challenges in the country.<\/p>\n<p>Under the deal, Sinohydro Group Limited of China will provide the infrastructure of the government\u2019s choice in exchange for Ghana\u2019s refined bauxite.<\/p>\n<p>Some of the projects are the construction of roads, bridges, interchanges, hospitals, public housing, among other projects.<\/p>\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 Wednesday, 10 April 2019 Source: citinewsroom.com 2019-04-10 play videoMinister for Information, Kojo Oppong Nkrumah The Minister for Information, Kojo Oppong Nkrumah, has described concerns from the Minority over the absence of a value for money audit for the $2 billion Sinohydro deal as disingenuous. \u201cValue for money is not a prerequisite for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":603907,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-606832","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>We have a value for money report on Sinohydro deal \u2013 Oppong Nkrumah replies Minority - 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\" 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