IMANI Africa Vice President Seeks Clarity on Government’s Position on Agyapa Deal

In the latest developments surrounding the controversial Agyapa Deal, Bright Simons, Vice President of IMANI Africa, is calling for a clear stance from the government regarding the future of the suspended agreement. This comes in light of recent revelations that the government spent $12 million on the deal, which ultimately did not materialize.

President Akufo-Addo had ordered the suspension of the Agyapa deal in 2021 in response to public outcry. The deal aimed to generate funds for critical infrastructure projects through mineral royalties but faced opposition from the National Democratic Congress (NDC) and various civil society organizations. The Special Prosecutor’s corruption risk assessment report further supported the suspension, citing a high potential for corruption.

During an appearance on JoyNews’ Newsfile, Mr. Simons emphasized the need for transparency in the government’s decision-making process, expressing concern about the impact of the deal on the country’s future. He questioned the rationale behind investing $500 million in the stock market, only to suspend the royalties deal and potentially jeopardize the country’s ownership stake.

Mr. Simons urged the government to clarify its position on whether it plans to reconsider the Agyapa Deal or definitively abandon the idea. He highlighted the broader implications, stating, “The issue is not just about the $12 million spent; we think three times more will be spent if this process continues to the end.”

In response to these concerns, Richard Ahiagbah, Director of Communication for the New Patriotic Party (NPP), defended the government’s actions. He argued that there was nothing untoward about the expenditure and dismissed Mr. Simons’ position as conjecture, stating, “There is nothing criminal about it, and that is why I say Bright Simon’s position is conjecture. Because you are trying to impugn motive on something that has not happened.”

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