No Cash For The Eastern Corridor Road

By Daily Guide

5/22/2012 4:01:07 PM -

A member of the Finance Committee of Parliament has disclosed that claims by the ruling National Democratic Congress (NDC) government that a portion of the $3bn Chinese loan will be committed to the Eastern Corridor Road, are untrue.

'The eastern corridor road is not part of the $3billion Chinese loan, take it from me. So if anybody tells you it is part of the Chinese loan, tell him that he is a liar. No single loan has come to us or has been approved for us for the fixing of that particular road,' Dominic Nitiwul said, adding that 'it is only a vote gaining gimmick.'

He said the NDC, in its desperation to reverse the apathy in the Volta Region, made up that 'lie' to 'deceive' Voltarians and win their votes.

According to him, construction of the road would be halted after the NDC secured the votes of Voltarians come December, because there were no funds for the project.

'What they have done is to deceive the people of the Volta Region because they call it their 'World Bank' It is just for vote that's all; because the chiefs of the Volta Region came out to say they must do something and so they rushed to do what they are doing,' he noted.

Honourable Nitiwul noted that he could be quoted anywhere and dared to be challenged by whoever that had facts to prove otherwise.

He stressed that'quote me anywhere and I am happy that the camera is on meI am the member of the finance committee of the Republic of Ghana and I can say that no single loan has come to us for that particular road. And you can challenge them anywhere that I have come and I have said that they have not got any money for that road.'

The young legislator made the comments when he addressed a fully packed hall of members of the Tertiary Education Students Confederacy of the NPP (TESCON) of Ho Polytechnic during their handing-over ceremony over the weekend.

He explained that the NDC, realizing the elections was nearer, borrowed GH¢100 million for the project to be refunded later.

He said, 'What they did was to command the Finance Minister to release the GH¢100m from the budget to start so that they will look for the money,' however the money has since not been refunded and interestingly the contractors are yet to receive the said money.

Another MP, Kwabena Okyere Darko-Mensah of Takoradi, also clarified that the government's hype of receiving  $1bn as first the tranche of the Chinese loan was mere propaganda to divert the discerning public's attention from the alarming depreciation of the cedi.

Apparently, the documentation covering the tranche was laid in Parliament last Thursday, he noted.

He added that instead of the NDC and the President facing the facts and being honest with the citizens, the NDC was rather relying on propaganda to manage the economy.

Mr. Darko-Mensah noted that 'propaganda does not fix economic problems' and therefore it was time the NDC conceded that they had failed Ghanaians, particularly Voltarians, and allow the NPP to take over.

He added that the Volta Region had been the fastest growing region in Ghana in terms of the NPP's membership drive and votes, since 2004.

He therefore urged Voltarians to vote massively for the NPP, since that was the only way to transform the country.

 From Fred Duodu, Ho