Ablakwa to sponsor private member’s bill to ban politicians from acquiring state assets

Ghanaian

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has announced his intention to introduce a private member's bill in Parliament aimed at preventing politicians and politically exposed persons from purchasing state assets.

In a post on X on May 21, 2024,

Read full articleAblakwa expressed optimism that the proposed bill would close the loopholes in the current legal framework that are being exploited by political figures.

He emphasized that effective legislation is necessary to ensure public officeholders comply with ethical standards.

"IIn the coming days, I shall be sponsoring a Private Member’s Bill in Parliament to expressly prevent politicians and politically exposed persons from participating directly or indirectly in the purchase of state assets.

"The objective will be to legally block all loopholes in the current legal regime which some politicians appear to be exploiting..

"After 16 years of crusading against politicians purchasing state assets under conflict of interest, opaque, abuse of power and unethical circumstances; I believe it is time to have a strong piece of legislation with deterrent sanctions to end the canker," his post read.

In the coming days, I shall be sponsoring a Private Member’s Bill in Parliament to expressly prevent politicians and politically exposed persons from participating directly or indirectly in the purchase of state assets.

The objective will be to legally block all loopholes in…

— Sam Okudzeto Ablakwa (@S_OkudzetoAblak) May 21, 2024