Presidential Candidate of the National Democratic Congress John Mahama has again slammed government for forced Domestix Debr Exchange Programme on bond holders which has left many desperate, poor, living in pain and dying slowly.
According to Mr Mahama, the crushed economy which is a result of the over borrowing by the current administration despite several cautions and the collapse of banks and other micro finance institutions have pushed thousands out of jobs with the attendant suffering in many homes.
He sited the recent death of the founder and Chief Execuvtive of the KAMA Group of Companies, Nana Dr. Michael Agyekum Addo as an example of the bitter experience many are enduring after investing in government bonds with the hope of securing a better future upon retirement.
Addressing Chiefs and People of Kasoa in the Awutu Senya East of the Central region as part of his campaign tour, noted
” When government undertook the Domestic Debt Exchange Program, Dr Agyekum was on national television crying about the hardship himself and other pensioners and business owners had to endure. It is unfortunate that today that frustration has sent him to his early grave”
He added – “the government’s decision to understand the banking sector clean up also plunged many people into hardship and today they have lost their livelihoods” be bemoaned.
Mr. Mahama under whose tenure as President when the Kasoa interchange was constructed also slammed the Akufo Addo -Bawumia Administration for vilifying the project.
“When we started developing Kaso the NPP which is empty was chastising us and the project. But they didn’t know the project included roads, schools and hospitals. The NDC will win the December election complete the development of Kasoa” he noted.
