Mustapha Gbande, Deputy Director in charge of Operations at the Presidency, has reaffirmed the National Democratic Congress’s (NDC) commitment to prosecuting officials from the previous administration who are alleged to have misappropriated state resources.

Speaking to Citi News, Gbande stated: “I know that President Mahama is committed, and the party is solidly behind him to do that which Ghanaians have brought us to do, including prosecuting those who have stolen from the nation.”

He cautioned the New Patriotic Party (NPP) that no one would be above the law, warning that even former President Akufo-Addo could face house arrest if necessary.

Gbande further stressed that the NDC would abide by the legal framework set by the NPP and advised them not to protest when the process unfolds.

He revealed that in the coming days, corruption and dubious deals hidden within ministries, departments, and agencies would be exposed.

“In the next few days, you will see ministries, departments, agencies unearthing the rots, the crook deals that have been buried from the public and the media.”

Accusing the former government of large-scale corruption, Gbande asserted that legal action would be taken against those involved, including former President Akufo-Addo.

“I can say on authority that they have stolen from the nation. President Akufo-Addo has supervised his appointees to steal from the nation. You are going to see this, and those people will be taken on by the laws of the land. Nana Akufo-Addo himself will not be spared,” he declared.

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Cassiel Ato-Forson, Minister of Finance

The Minister of Finance, Cassiel Ato Forson, has emphasised that the current administration led by President John Dramani Mahama has zero debts to its name.

According to him, the only debts his government owes are those inherited from the previous administration.

He said the total treasury bill bids received by the government stand at GH¢89.7 billion.

Ato Forson wrote on his X page on February 28, 2025, “For the record, total T-Bill bids received by the Mahama government since January 10, 2025, stand at GH¢89.7 billion.”

He explained that “Of this amount, total T-Bill bids accepted—being rollovers of debt inherited by the Mahama government—stand at GH¢59.5 billion, while total T-Bill bids rejected by the government stand at GH¢30.2 billion.”

He clarified claims that his government had borrowed GH¢59 billion in less than 2 months of office.

“For the avoidance of doubt, net borrowing by the Mahama government, as of today, stands at GHS7.1 billion. This is primarily a buffer for servicing maturing debts accumulated by the NPP/Akufo-Addo/Bawumia government.

“It is instructive to note that actual debt accumulation under the Mahama government is virtually zero,” he said.

He also noted that his government’s management of the fiscal space has led to a drop in interest rates on treasury bills.

“The prudent public debt management measures adopted by the Mahama government have led to a record-high drop in the 91-day T-Bill rate, from 28.34% to 20.79% in just 50 days—an emphatic vote of confidence in the Ghanaian economy by the investor community.

“Please ignore the naysayers,” the minister noted.

SSD/EK

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