[ 2015-05-28 ]

Current NPP leadership must pay ȼ2.2m debt – Sir John
Former General Secretary of the New Patriotic
Party (NPP) Kwadwo Owusu Afriyie says the current
leadership of the party must pay a
ȼ2.2million loan taken from Prudential Bank
by the 2012 presidential campaign team.

Mr. Owusu Afriyie also known as ‘Sir John’
explained that it is not unusual for the
presidential campaign team to go for a loan
because of the party’s weak finances.

It behoves on the party, therefore, to pay the
debt once the electioneering season is over, he
told Joy News's Francis Abban on the Midday News
Thursday.

The loan was contracted for the party’s “D-Day
operations” which is the last campaign push a
few days before the elections.

A letter purortedly written to the NPP by the
Prudential Bank was published in the media today
demanding payment of the loan.

The letter was written to the NPP National
Chairman Paul Afoko and copied to Ken Ofori-Atta,
former CEO of investment advisory firm Data Bank.
In response, the former Chief Executive Officer of
Data Bank, says the confidential letter from the
Prudential Bank requesting payment of a Ȼ2
million debt owed it by the NPP was leaked to
create mischief.
He has clarified that although the loan was
acquired to finance the party’s 2012 campaign,
he as “Chairman of the 2012 Presidential
Campaign Finance Team contracted and guaranteed
for purposes of the elections” and this has
nothing to do with the party.
Loans for campaigns not new
But Kwadwo Owusu Afriyie who was General Secretary
at the time told Joy News Thursday, that although
the NPP as a party did not go for the loan, it was
generally understood that the loan was to benefit
the entire party and not the presidential campaign
alone.
The presidential campaign team could pull in more
financial resources which eventually trickles down
to benefit even parliamentary candidates.
In this case, he said, the loan was used to
procure bicycles, motorbikes, T-shirts and cars to
help the party and the presidential campaign
during the elections.

Source - MyjoyOnline

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