Reports sighted by holds that the Government of Ghana has secured a whooping $28 million [¢165.2 million] for the procurement of brand new V8 for all the 275 Members of Ghana’s Parliament.

The proposal was brought by Mr. Ken Ofori-Atta, the Minister for Finance, after the MPs approved $200 million additional funds from World Bank for the Akufo-Addo-led NPP government.

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Although the $28 million car loan for the MPs is yet to be approved, all the necessary preliminary documentations are reported to have been secured.

Many regard the proposal as a “scratch my back I scratch your back” affair.

When the loan gets approved, each Member of Parliament will receive $100,000 for the purchase of the V8.

In granting this loans, as has been done in the past, the ex-gratia of the parliamentarians is used as collateral security.

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This is not the first time Parliament has secured loans of this nature to enable the lawmakers to purchase brand new vehicles to help in their day-to-day activities as Members of Parliament.

It can be recalled that in 2018, Parliament secured and approved a similar loan of $22.5 million for the same purpose.


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