The Commission on Human rights and Administrative Justice (CHRAJ) has not cleared the Finance Minister, Mr Ken Ofori-Atta, of allegations of conflict of interest in the issuance of the US$ 2.5 billion bond according to the Minority in Parliament.

There were reports by some section of the Ghanaian media that CHRAJ has exonerated Finance Minister Ken Ofori-Atta from any wrong doing in the issuance of the US$ 2.5 billion bond .

The Commission in its report stated that on the basis of evidence available to them found no proof that indicts the Finance Minister of putting himself in a conflict of interest situation in relation to the issuance of the US$ 2.5 billion bond.

Reacting to media reportage on the issue, the minority in Parliament issued a press statement to the effect.

It read; “The Minority Caucus in Parliament has become aware of findings contained in the decision of the Commission on Human Rights and Administrative Justice (CHRAJ) on a complaint filed against the Finance Minister over the infamous US$ 2.25 billion bond in March this year.


“Contrary to some publications on a number of online portals to the effect that the Finance Minister has been cleared of wrongdoing, CHRAJ in its decision agrees largely with our stated position from the very beginning that the bond issuance did not follow due process.


“CHRAJ in its summary of key findings noted several breaches of statutory regulations governing the issuance of bonds and cited the Minister for conduct bordering on criminality. It is the considered position of the Minority that the adverse findings contained in the decision of the CHRAJ vindicate our position that the US$ 2.25 Billion bond issuance was fraught with irregularities and did not comply with Ghanaian law.

“We will engage the media next week to provide details of our position on the outcome of the investigations and consequential matters.”