Parliament has rejected a move to appoint an Ad Hoc Committee to investigate the Gold-for-Reserves Scheme, including its design, execution, governance, financial performance, environmental and public health implications, and any other relevant issues.
The motion was based on Article 103 of the 1992 Constitution and Orders 204, 212, 213, 262, and 263 of the Standing Orders of Parliament. It was proposed by the Minority Leader, Honourable Alexander Afenyo-Markin, and seconded by the Member of Parliament for Atiwa East, Honourable Abena Osei Asare.
The Majority flatly opposed the measure, despite the Minority Caucus debating in favour of it.
The scheme under inquiry was founded in 2022 as a Bank of Ghana initiative, according to Honourable Eric Afful, MP for Amenfi West.
However, he said that the program had not produced results because of poor management by the previous administration, characterising it as ineffective and obscure. As a result, he demanded that the motion be dismissed.
Source: newsthemegh.com