• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, December 13, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

NPP Calls NDC’s Demand To Investigate Agyapa Deal Pretentious

Lilian Ahedorby Lilian Ahedor
February 20, 2024
Reading Time: 4 mins read
gold in ghana

Gold Reserve

The New Patriotic Party’s (NPP) Parliamentary Candidate for Akwatia Constituency, Mr. Ernest Yaw Kumi has described the call by the opposition, National Democratic Congress (NDC), for the infamous Agyapa Royalties deal to be probed as deceptive.

The parliamentary Candidate stated that it was fair for the NDC to ask for accountability regarding the Agyapa deal. However, he asserted that judging the deal as corrupt and promising prosecution of people involved without conducting an investigation is deceptive.

He further stated that the NDC’s position that the Agyapa deal did not materialize after a whopping sum of USD 12 million was spent on it qualifies the deal as corrupt is unfounded. He emphasized that the opposition should thoroughly investigate the deal before it classifies it as corrupt.

RelatedPosts

NRSA Demands Dedicated Motor Lanes to Curb ‘Meandering’ After Okada Legalization

Mahama Ayariga Heeds President Mahama’s Call, Withdraws OSP Repeal Bill

Mahama Rallies for New Era of African Economic Independence at Kenya’s 62nd Jamhuri Day

“We all know Agyapa is a new company that is being incorporated. Under pre-incorporation, you can incur such causes, it could be profit, it could be a loss but what matters is that at the time when the company has been incorporated, the promoters are to give an account of what the monies are used for”.

Mr. Ernest Yaw Kumi

Mr. Ernest Yaw Kumi also refuted the NDC’s claim that the natural resources of the country have been mortgaged by the incumbent government. He disclosed that the government leveraged – but not mortgaged – the mineral deposits of the state to get some capital into the market.

The capital expected from the aborted Agyapa deal he claimed, was to be used to undertake some special projects of the government.

Additionally, he argued that the Agyapa Royalties was intended to be a mining company that finances other mining companies with projects in return for mining royalties or revenue.

ADVERTISEMENT

Mr. Ernest Yaw Kumi further emphasized that leveraging the country’s mineral deposit against the future, as the Agyapa deal sought to do, is the same as borrowing against Ghana’s future which many governments have done severally.

“The NDC’s position right from the beginning is to characterize the whole deal as being corrupt yet still they are not putting any substantive evidence on the table for us to discuss. For me, I am not against you coming out with corrupt deals and exposing them so far as you have evidence”.

Mr. Ernest Yaw Kumi

The Parliamentary Candidate for the Akwatia constituency also disclosed that the ECOWAS Court of Justice was unable to substantiate any allegations of corruption against the Agyapa deal after some Civil Society Organizations (CSOs) and Transparency International (TI) took the issue to the court.

NDC’s Agenda To Propagate Propaganda

Mr. Ernest Yaw Kumi subsequently alleged that the NDC’s accusation of corruption regarding the Agyapa deal is based on the Fmr. Special Prosecutor, Esq. Martin Amidu’s Corruption Risk Assessment. He argued that a corruption risk assessment does not prove the act of corruption, it only suggests the likelihood of corruption.

Accordingly, the Parliamentary Candidate accused the NDC of unnecessarily conjecturing what the money spent on the Agyapa deal could have been used for. He claimed that the NDC only aims to incite public disapproval against the NPP and the incumbent government.

More so, Mr. Ernest Yaw Kumi alleged that the NDC’s sudden enthusiasm to fight corruption is a plot to win the public over to its side for the general election. He maintained that the NDC is deliberately looking for corruption where there is none.

He argued that issues concerning corruption, nepotism, and conflict “are questions of fact and the law”. He stated that if the NDC wants to continue making allegations of corruption against the government, it should make these allegations based on the facts and according to the laws of Ghana.

The comments of the NPP Parliamentary Candidate followed the opposition’s allegations of corruption against the incumbent government in a recent press conference held by the NDC. The Parliamentary Candidate maintained that the accusations made by the NDC were evident cases of propaganda aimed at discrediting the government.

Conclusively, the NDC despite the allegation of corruption it made against the incumbent government, has failed to provide significant evidence to support its allegations. The NPP also has failed to set facts straight concerning the Agyapa Royalties deal.

READ ALSO: Dr. Amoako Baah Criticizes NPP’s National Campaign Committees

Tags: Agyapa RoyaltiesCivil Society Organizations (CSOs)National Democratic Congress (NDCNew Patriotic Party (NPP)Office of the Special Prosecutor (OSP)Transparency International
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Bank of England Signals Recession Defeat

Next Post

Poland Summons Russian Ambassador Over Navalny’s Demise

Related Posts

Pearl Satekla, NRSA Public Relations Officer
General News

NRSA Demands Dedicated Motor Lanes to Curb ‘Meandering’ After Okada Legalization

December 12, 2025
Hon. Mahama Ayariga, Majority Leader
General News

Mahama Ayariga Heeds President Mahama’s Call, Withdraws OSP Repeal Bill

December 12, 2025
President John Dramani Mahama
General News

Mahama Rallies for New Era of African Economic Independence at Kenya’s 62nd Jamhuri Day

December 12, 2025
Professor Ernest Kofi Davis, Acting Director-General, Ghana Education Service
General News

GES Pays Outstanding Feeding Grants for Special Schools and Perishables for SHS/SHTS

December 12, 2025
Hon. Felix Kwakye Ofosu, Minister for Government Communications
General News

Kwakye Ofosu Defends GHS 2.5 Billion Military Retooling Plan as Essential Priority

December 12, 2025
Chief Superintendent Alexander Kwaku Obeng, MTTD Director of Education, Research and Training
General News

Road Crashes Kill 2,600 People in 11 Months, MTTD Warns of Escalation During Christmas

December 12, 2025
Asia

Iraq’s Efforts To Restore Security Lauded As It Marks End Of UNAMI Mandate

by Comfort AmpomaaDecember 13, 2025
Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell
Entertainment

Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell

by M.CDecember 13, 2025
Energy Efficiency Building
Extractives/Energy

Energy Commission Moves to Certify Building Efficiency with New Draft Regulations

by Prince AgyapongDecember 13, 2025
Economy

Ghana’s Productive Sectors Starve of FDI As Global Inflow Declines – UNCTAD

by Michael Teye-Bio NaduteyDecember 13, 2025
SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry
Insurance

SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry

by M.CDecember 13, 2025
Dr. Manaseh Mawufemor Mintah
Extractives/Energy

Lithium Deal: Ghana Must Resist Pressure to Run Blindly – Dr. Manaseh Mintah

by Bless Banir YarayeDecember 13, 2025
Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell
Energy Efficiency Building
SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry
Dr. Manaseh Mawufemor Mintah

Recent News

Guterres

Iraq’s Efforts To Restore Security Lauded As It Marks End Of UNAMI Mandate

December 13, 2025
Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell

Daddy Lumba Finally Laid to Rest as Thousands Flood Baba Yara Stadium for Historic Farewell

December 13, 2025
Energy Efficiency Building

Energy Commission Moves to Certify Building Efficiency with New Draft Regulations

December 13, 2025
OIP 7 1

Ghana’s Productive Sectors Starve of FDI As Global Inflow Declines – UNCTAD

December 13, 2025
SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry

SIC Insurance Sets 2026 as Turning Point for Ghana’s Insurance Industry

December 13, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address