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01.09.2020 Politics

Mahama Engages In Unprovoked Blistering Attack On Akufo-Addo, Bawumia

John Mahama
LISTEN SEP 1, 2020
John Mahama

An unprovoked blistering attack launched by Isaac Adongo, the opposition National Democratic Congress (NDC) Member of Parliament (MP) for Bolgatanga Central in the Upper East Region on the persons of President Akufo-Addo and his Vice Dr Mahamudu Bawumia, appears to have been endorsed by former President John Dramani Mahama.

The former President, who is staging a comeback after his massive defeat in 2016, has been sharing Mr Adongo's foul language on the President and the Vice-President on his social media platform — Facebook.

More Attacks

Mr Mahama even added his own 'insults' when he was introducing Mr Adongo's vitriolic attack, calling the President and some people from his ethnic group 'Akyem Sakawa Boys.'

Mr Adongo attacked the first and second gentlemen of the land in the wake of the Agyapa Royalties deal, calling them all sorts of names including 'Akyem Mafia'.

“No wicked man has ever ruled this country and destroyed Ghana's fiscal and debt framework the way Akufo-Addo and the empty-lying Vice-President Dr. Mahamudu Bawumia have done,” the MP threw caution to the wind.

Official'Endorsement'

Interestingly, Mr. Mahama, who said in the Volta Region recently that he was going to campaign on issues, was one of the first NDC gurus to give tacit support to Mr. Adongo's vilification.

He shared Mr. Adongo's write-up on his Facebook wall with the introduction: “An interesting piece from Hon. Isaac Adongo on the Agyapa Deal. Agyapa Royalties fraud is the last straw: The Akyem Sakawa Boys and Grandpas must go (sic).”

Original Write-Up

In the original write-up that Mr. Mahama shared, Mr. Adongo had claimed, “Agyapa Royalties deal is a big fraud on Ghana by President Akufo-Addo and his Akyem Mafia.”

“You mortgaged GETFund proceeds in excess of GH¢25 billion for the next 10 years to borrow $1.5 billion and yet you could not expand educational infrastructure and build new schools to end double track; you mortgaged bauxite buried on the ground to Sinohydro to borrow $2 billion but has nothing to show after almost two years; you mortgaged ESLA proceeds for the next 10 years in excess of GH¢30 billion in 10 years to raise energy sector bonds of about $1.3 billion and yet energy sector debts remain unpaid and you have since accumulated over $2 billion additional energy sector debt with power producers threatening to shut their power plants,” he added.

He also said, “You have exhausted the Ghana Infrastructure Investment Fund in which your predecessor JM left you $270 million. You have frittered away the Ghana Exim funds, doling it out to your in-law to invest in a hotel.

Eurobond

In addition to borrowing $9 billion in three years in Eurobonds alone and illegally borrowing $500 million term bonds in February 2020, on the capital market, without Parliamentary approval in violation of Article 181 of the Constitution, all without anything to show. What magic can you perform with $500 million Agyapa theft money?

How can Akufo-Addo mortgage revenues of about GH¢75 billion of the state for his maladministration to steal without caring about how his children and grandchildren will manage the economy into the future?

Mr Adongo then said, “No wicked man has ever ruled this country and destroyed Ghana's fiscal and debt framework the way Akufo-Addo and the empty-lying Vice-President Dr Mahamudu Bawumia have done.”

“It is estimated by industry players that only 11 major mining companies in Ghana will give Ghana an average of $250 million a year, $3 billion in 10 years and $4.250 billion in 15 years in royalty payments being planned to hand over to Agyapa Royalties for just $500 million. These estimates exclude new mining developments that will come onstream in the next 15 years such as the highly profitable Namdini Mining Development in the Upper East by Cardinal Resources. How did they value $4.250 billion in 15 years to arrive at $500 million as 49% of that value?”

He ended by saying, “You can't put Lions in charge of sheep and expect to come back and meet the sheep alive. They will end up selling us to borrow to satisfy their insatiable corrupt habits if they are allowed one more year in office.”

---Daily Guide

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