General News of Wednesday, 19 March 2025
Source: www.ghanawebbers.com
The Special Prosecutor of Ghana has initiated legal action against Ken Ofori-Atta, the Minister of Finance, alleging misuse of public funds related to the controversial issuance of a $2.25 billion bond in 2017. This lawsuit comes on the heels of an investigation into financial irregularities surrounding the bond's sale, which critics argue was not conducted transparently and may have involved conflict of interest. The case highlights ongoing concerns regarding accountability in government financial practices and aims to establish whether Ofori-Atta violated any laws during the bond issuance process.
The Special Prosecutor's office asserts that this lawsuit is part of a broader effort to enhance integrity within public service and ensure that officials are held accountable for their actions. As Ghana grapples with economic challenges, this legal development underscores the pressing need for transparency and ethical governance in managing national resources. The outcome of this case could have significant implications for future financial dealings by government officials and may restore public confidence in fiscal management if misconduct is proven.