{"id":1262449,"date":"2022-12-07T08:26:50","date_gmt":"2022-12-07T08:26:50","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/07\/i-will-support-victims-of-debt-exchange-programme-to-sue-government-adongo\/"},"modified":"2022-12-07T08:26:50","modified_gmt":"2022-12-07T08:26:50","slug":"i-will-support-victims-of-debt-exchange-programme-to-sue-government-adongo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/07\/i-will-support-victims-of-debt-exchange-programme-to-sue-government-adongo\/","title":{"rendered":"I will support victims of debt exchange programme to sue government – Adongo\u00a0"},"content":{"rendered":"

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The Deputy Ranking Member on the Finance Committee of Parliament says he is prepared to support investors and bondholders who want to sue the government over the debt exchange programme.\u00a0<\/p>\n

Mr. Isaac Adongo said he and his team are fully prepared for this.\u00a0<\/p>\n

The Bolgatanga Central MP said the government must not be allowed to succeed with the \u201cillegality.\u201d<\/p>\n

\u201cMy team and I are ready to support any group of investors and bondholders who agree to come together for a class action to sue the Minister of Finance and the government to reverse this decision,\u201d he said in a JoyNews<\/strong> interview.\u00a0<\/p>\n

The outspoken lawmaker said bonds are agreements and one party cannot vary its terms without the other.\u00a0<\/p>\n

\u201cWhen you issue a bond, it is an agreement. You advertise a prospectus which becomes the agreement, and you are bound by those agreements to respect them.\u00a0<\/p>\n

You cannot unilaterally sit in your office and shred them and illegally and arrogantly compel people to accept what you want.<\/p>\n

The Minority in Parliament has also vowed to summon the Finance Minister, Ken Ofori-Atta to answer some key questions regarding government\u2019s debt exchange programme.<\/p>\n

According to the group, Parliament was not briefed on the programme.<\/p>\n

DISCLAIMER: <\/strong>The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Deputy Ranking Member on the Finance Committee of Parliament says he is prepared to support investors and bondholders who want to sue the government over the debt exchange programme.\u00a0 Mr. Isaac Adongo said he and his team are fully prepared for this.\u00a0 The Bolgatanga Central MP said the government must not be allowed to […]<\/p>\n","protected":false},"author":1,"featured_media":1262450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1262449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1262449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1262449"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1262449\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1262449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1262449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1262449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}