Government has suspended the launch of the Initial Public Offer (IPO) of the Agyapa Royalties deal on the London Stock Exchange.
The Ministry of Finance says it does not intend to proceed with the IPO ahead of the results of the corruption risk assessment by the Office of the Special Prosecutor.
In a letter signed by a Deputy Minister of Finance, Charles Adu Boahen, government served notice that it will not proceed with the IPO until the Special Prosecutor concludes ongoing corruption risk assessment on it.
The Special Prosecutor requested for all available documentation to enable him do the corruption risk assessment on the deal.
One Response
A good initiative on the part of the Ministry of Finance.
Manifestation of a listening and accountable government