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Ghana Card: Gov't Deal with Margins Group ''fishy''-Minority

Written by  Jun 14, 2018
The Minority in Parliament is claiming the government’s deal with Identification Management System (IMS), a subsidiary of Margins Group, for the issuance of the Ghana Card may be suspicious. Speaking to the press, the Minority Spokesperson on Finance, Mr. Ato Forson said, the legal issues associated with the deal are enormous. “The minority in parliament look forward to effect certain processes to resolve these legal issues. Until we resolve these legal issues, we will not champion this course”, he stressed. Mr. Ato Forson maintains that the cost for the issuance of the Ghana Card is grossly overpriced. Elaborating, the Minority Spokesperson said, the money involved is $168 million of which the IMS will be investing only $33 million. The remaining $135 million will be debt to be paid by Ghana. The collateral and all necessary documents for IMS to secure $135 million loan will be provided by Ghana. With only$33 million, the overwhelming aspect is the $678 million interest for IMS. The finances associated with the Ghana Card is disgusting. We will not allow for such monies to go down the drains. Details provided clearly shows that Margins Group is taking advantage of the state, he emphasized. “Note that the Minority in Parliament exists to criticize the unproductive decisions in government and serve as a check on the government in power. We not against the Ghana Card. Until all these issues are resolved, we will not be a part of this”, he added. By: Priscilla Obeng Asantewaa (Intern, Rainbow Radio)
Last modified on %AM, %14 %531 %2018 %11:%Jun

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