• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, January 23, 2026
  • 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

Chief Justice Charges New Judges to Serve with Integrity

Mahama Sells Accra Reset as Panacea for Africa’s Rebound @Davos Convening

NPP Bigger than any Individual – Akufo-Addo Preaches Unity @Peace Pact

“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

Justice Paul Baffoe-Bonnie, Chief Justice of Ghana
General News

Chief Justice Charges New Judges to Serve with Integrity

January 23, 2026
President John Dramani Mahama
General News

Mahama Sells Accra Reset as Panacea for Africa’s Rebound @Davos Convening

January 22, 2026
HE Nana Addo Dankwa Akufo-Addo, former President of Ghana
General News

NPP Bigger than any Individual – Akufo-Addo Preaches Unity @Peace Pact

January 22, 2026
NPP 2026 Flagbearership Aspirants.
General News

NPP Flagbearer Aspirants Sign Peace Pact Ahead of Primaries

January 22, 2026
Ablakwa with Ghana Europe Student Leaders 1
General News

Ablakwa Pledges Improved Protection for Ghanaian Students Abroad

January 22, 2026
President John Dramani Mahama receiving a summary of the CRC's report from its Chairman Professor H. Kwasi Prempeh
General News

Government Begins Process to Implement Constitutional Review Proposals

January 22, 2026
Justice Paul Baffoe-Bonnie, Chief Justice of Ghana
General News

Chief Justice Charges New Judges to Serve with Integrity

by Evans Junior OwuJanuary 23, 2026
USA

Smith Defends Trump Investigations In Public Hearing

by Comfort AmpomaaJanuary 22, 2026
President John Dramani Mahama
General News

Mahama Sells Accra Reset as Panacea for Africa’s Rebound @Davos Convening

by Evans Junior OwuJanuary 22, 2026
France To Vote on Legalising Assisted Dying
Europe

France Intercepts Oil Tanker Traveling From Russia

by Comfort AmpomaaJanuary 22, 2026
GoldBod with the Tanzanian Delegation
Extractives/Energy

Tanzanian Delegation Visits GoldBod to Study Gold Governance

by Bless Banir YarayeJanuary 22, 2026
Vaultz Business

Ghana-China Strengthens Ties Through 24H+ Mission

by Silas Kafui AssemJanuary 22, 2026
Justice Paul Baffoe-Bonnie, Chief Justice of Ghana
President John Dramani Mahama
France To Vote on Legalising Assisted Dying
GoldBod with the Tanzanian Delegation

Recent News

Justice Paul Baffoe-Bonnie, Chief Justice of Ghana

Chief Justice Charges New Judges to Serve with Integrity

January 23, 2026
download 39

Smith Defends Trump Investigations In Public Hearing

January 22, 2026
President John Dramani Mahama

Mahama Sells Accra Reset as Panacea for Africa’s Rebound @Davos Convening

January 22, 2026
France To Vote on Legalising Assisted Dying

France Intercepts Oil Tanker Traveling From Russia

January 22, 2026
GoldBod with the Tanzanian Delegation

Tanzanian Delegation Visits GoldBod to Study Gold Governance

January 22, 2026
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