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Government is investigating Mahama's loans - Osafo Maafo

The Akufo Addo led government says it is probing the loans that the former president Mahama took to find out whether or not the loans were properly utilised.

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After the review of the debt situation, the findings will be made public to enable the Ghanaians realise how their monies were spent by the previous administration, Mr Maafo added.

It is recalled that during the electioneering season, the then main opposition New Patriotic Party (NPP) accused the Mahama government of excessive borrowing but with little to show for it, an assertion the then governing National Democratic Congress (NDC) rubbished because they thought they had embarked on several infrastructural projects with those loans.

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Mr Maafo, speaking during the National Policy Summit on Tuesday May 16, said that the new government was investigating all the debts left behind by Mr Mahama.

“We are working on the numbers, the Ministry of Finance gives us the bulk numbers. But they do not all emanate from one source, we have some sitting in energy, some sitting in SSNIT, and we are examining all as a government and we are doing it gradually and slowly because we must be accurate,” the ex-Akim Oda MP said.

“We want to be sure that whatever comes out finally is accurate. The government owes it as a duty to keep the nation informed about these debts and what it was used for.”

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