Debt Exchange isn’t compulsory, Sophia Akuffo expressed her views – Fuseini Issah

Former Member of Parliament for Okaikwei North has said former Chief Justice Sophia Akuffo made personal opinions on the debt exchange programme just as others are also doing.

Mr Issah indicated that participation in the programme is not compulsory.

“Just like any other person, the former Chief Justice is only expressing her opinion. It is not a compulsory policy, people have the right not to sign on to the programme,” he said on the Big Issue on TV3 Monday, February 13.

Madam Sophia Akuff rejected the inclusion of pensioners in the Domestic Debt Exchange Programme (DDEP).

Speaking to journalists after joining a group of pensioners to picket at the Ministry of Finance in Accra on Friday February 10, she said “These are all people who have worked, they have worked very hard, they could have left the country when others were going but they stayed, they worked for the nation.

“We have had our ups and downs. A lot of us were from generations where we were encouraged to save for tomorrow and all that. We have been through times where all your savings become nonsense because of some government policies, then over the years, bit by bit, people have become more confident in the economy and investments.

“Quite a number of people here today, when they retired last two years they have put everything into government bonds, it is a contract and now all of a sudden, you virtually want to, at gunpoint, force them to agree with you that the repayment of the yield of their investment should be as you dictate it. Why?”

 

She further criticized the government for not being able to account for the borrowings done over the years.

“Why are we in the mess? Nobody has fully explained to us, yes we took debt, what was it used for? and where is the accountability? Exactly what was it used for? You are not telling us about how you are going to be able to make things better but just that ‘help me and I help you’, no, you help yourself first, let me see you doing something serious because we have seen these sort of things too many times.

“I am over 70 years now, I am no longer government employed, my mouth has been ungagged and I am talking and I am saying that we have failed and it is important that the elderly should be respected. I find this wicked, I find it disrespectful, I find it unlawful, I find it totally wrong.”

The pensioners have been picketing at the Ministry since Monday, February 6 to be exempted from the Programme.

Source: 3news.com|Ghana