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Ofori-Atta should’ve resigned over IMF bailout – Kwabena Agyepong

The former General Secretary of the New Patriotic Party (NPP), Kwabena Agyepong, has stated that the Minister for Finance, Ken Ofori-Atta, should have resigned following his decision to approach the International Monetary Fund (IMF) for a bailout.

According to Mr Agyepong, individuals should demonstrate humility and step down when they fail.

Ofori-Atta had initially declared that Ghana would not seek assistance from the IMF, however, within a few weeks, he made a complete U-turn and approached the IMF for a bailout to help the crippling economy.

In an interview on Starr FM, Mr Agyepong asserted that in a functioning democracy, such actions should prompt a resignation. He disagreed with the President’s decision not to take action and sack the Finance Minister.

“He [Ofori-Atta] had stood in front of all Ghanaians and said that we were not going to the IMF and did a full U-turn in a couple of weeks. And I said in any decent democracy you stand down as a person. He chose not to go and I disagree with the President for not taking the action to let him go.

“Months down the line the MPs, how many of them 88 [MPs called for his resignation] so I wasn’t wrong. I was just having that foresight, months down the line. So these are difficult things that as Ghanaians as party people we have to deal with,” Mr. Agyepong said.

He continued: “Again it is important that we have the humility that we have been through a lot of difficulties, difficult times, and challenges. Although the government has delivered on several fronts there are other fronts that we have struggled with.”

VOICE OF Kwabena Agyepong

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