The flagbearer of the National Democratic Congress (NDC), John Mahama, has pledged to reverse perceived unjust actions taken by the ruling New Patriotic Party (NPP) administration.
Mahama has promised to restore the licenses of financial institutions that he believes were unjustly collapsed as part of the financial sector clean-up in 2018.
The government has justified that the move was intended to stabilize the financial sector and remove insolvent institutions.
However, considering the job losses and the adverse effect on some institutions and customers, many have questioned the fairness and transparency of the process.
“We will restore the licenses of institutions that were wrongfully collapsed by the NPP government,” Mahama promised in his speech to a cheerful gathering.
Mr Mahama has also vowed to launch a thorough investigation into the NPP government’s controversial Gold for Oil (G4O) program.
“We will investigate NPP’s opaque Gold for Oil programme,” the former president added.
The G4O initiative, introduced as a strategic measure to stabilize fuel prices and reduce the country’s dependency on foreign oil markets, has been mired in allegations of mismanagement and corruption.
Critics have pointed out that the program lacks transparency, with concerns raised over how contracts were awarded and the actual benefits derived from the scheme.
Source: Adomonline.com
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