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Agyapa deal not in interest of Ghana – Professor Gatsi

Bawumia

Professor John Gatsi.

Despite public outcry for government to reconsider the Agyapa Royalties transactions, the Finance Minister insists the deal will go ahead.

According to Ken Ofori Atta, the deal provides Government with an opportunity to use innovative ways to maximise and manage the country’s mineral resources in the interest of Ghanaians.

Dean of the University of Cape Coast Business School, Professor John Gatsi, says the deal is not in the interest of the people and the country.

Professor Gatsi told GBC’s George Ankrah that if Agyapa is allowed to stay, it would truncate the essence of the Mineral Royalty Fund.

Professor Gatsi said it is important for Government to know, it is in power to act in the interest of the people. He noted that already the European Union has placed a tag on Ghana’s financial transactions, which the nation is struggling to clear its name, adding that, the Agyapa deal should not worsen the case.

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