Ghana Finance Minister to Ask Court to Annul Anti-Graft Finding

Ghana Finance Minister to Ask Court to Annul Anti-Graft Finding

(Bloomberg) -- Ghana’s Finance Minister Ken Ofori-Atta will ask a court to set aside a finding by the nation’s graft ombudsman that he didn’t fully declare his assets when he assumed his cabinet position last year.

While a ruling by the Commission on Human Rights & Administrative Justice in December cleared Ofori-Atta of unduly benefiting from the sale of more than $2 billion in domestic bonds, the body found that he didn’t properly disclose his interests in Data Bank Group, a company he co-founded, and other business ventures, Information Minister Mustapha Hamid said Thursday in a broadcast on Joy FM. The complaint over the bonds was brought by the opposition National Democratic Congress after the sale of the debt in March.

Ofori-Atta disputes that he didn’t fully declare his assets and will go to court to annul that particular clause of the graft ombudsman’s findings, Hamid said.

©2018 Bloomberg L.P.

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