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16th August 2024 3:49:48 PM
2 mins readBy: Phoebe Martekie Doku

Former President and NDC flagbearer, John Dramani Mahama, has asserted that Ghana would have seen significant development if his administration had access to the loans accumulated by the Akufo-Addo government.
He emphasized that the NDC prioritizes prudent investments aimed at improving the lives of Ghanaians, unlike the New Patriotic Party (NPP).
Speaking at a mini rally in Ave Dakpa, Akatsi North District of the Volta Region, during his #Mahama4Change2024 campaign tour, Mahama criticized President Akufo-Addo for what he described as the mismanagement of loans acquired during his tenure.
“One would have thought that after borrowing GH₵600 billion, we would be talking about AVESCO walls today. It should have been done. We will not be talking about the abandoned electrification projects where communities are still sleeping in the dark.
“If the NDC had GH₵650 billion in four years of President, we would have turned Ghana into Dubai”, he said.
Mr. Mahama alleged that the Vice Presidential Candidate for the ruling NPP, Dr. Opoku Prempeh (NAPO), managed the distribution of 4 billion cedis from the Daakye Bond during his tenure as Education Minister.
He criticized the lack of advancement on projects funded by this bond, noting that many remain incomplete.
Mahama stated that if his government comes to power in 2025, they will hold current Akufo-Addo administration officials accountable for their management of public resources.
“When the current running mate of Dr Mahamudu Bawumia was the Minister of Education, they floated a bond called the Daakye Bond and they used to borrow $1.5 billion, and they said that they were going to use it to complete all the GETfund projects, all the E-block projects and to invest in other educational projects.
“They took that money, $1.5 billion and nobody can tell what they used it for. And that is why NPP must leave office so that we can audit things like this. What was the money used for? Was it misapplied? Or it was used for the purpose for which it was taken.
“And that is why I say NDC will come to power on 7th January 2025. And when we come, we are going to hold everybody accountable. We must know what you did with all that money”, he concluded.
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