Government of Ghana has debunked claims that it transferred the pension funds of public sector workers to Fortiz Equity Fund to aid in its acquisition of Merchant Bank.
Addressing the media at "Meet the Press" at the Ghana Press Centre (Accra), the Minister of Communications Dr. Edward Omane Boamah described as "unfounded and totally false" claims that the workers' tier 2 pension contributions had been handed over to Pension Alliance Trust to buy out Merchant Bank.
According to him, the workers' pensions are safely locked and kept by the Bank of Ghana to secure the lives of retirees in the country.
He therefore clarified what he called "distortions" peddled around by some civil society group and political figures in the country, stating emphatically that the claims that government are selling out Merchant Bank to Pension Alliance Trust is intended to arouse mischief.
“Another falsehood which has been peddled with alacrity by a civil society group and most regrettably by senior figures within the political phase who by virtue of the position they occupy, we expect to know better; is that government has handed Pension funds kept at the Bank of Ghana to Pension Alliance Trust to purchase Merchant Bank," Dr. Omane Boamah stressed.
He therefore challenged any person with available information to boldly step out and refute the Ministry's revelations.
“We wish to state that per information available to government, this claim is totally false. Absolutely unfounded, mischievous and was only invented to justify earlier falsehoods. We challenge anybody who has contrary to boldly step forward to contradict this position. Let us allow decorum and truth to prevail in the discourse," he insisted. |
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