Political Science lecturer at the University of Ghana, Prof Ransford Gyampo has described as ridiculous, government's decision to guarantee vehicle loans for Members of Parliament.
According to him, Members of Parliament (MPs) should be made to bear their own burdens rather than putting same on the shoulders of the State.
"The burden for them to acquire vehicles should be on themselves, it no longer should be something that the nation would guarantee because first of all, I’m not sure that all of them will end up paying,” he said.
Speaking in an interview on JoyNews’ PM Express, he stated that the MPs should be out seeking their own loans in order to pay just like ordinary Ghanaians.
“If it’s a loan, and they [MPs] would pay, then let them go and look for the loan like any ordinary Ghanaian would go seek for loan,” he said.
This comes after the Finance Ministry, on July 7, presented to Parliament, a request by the government for a $28 million loan from the National Investment Bank, to finance the purchase of 275 vehicles for the members of the eighth Parliament.
Per the arrangement, the State will bear 60% of the principal sum and all the interest that will accrue on the loan, while MPs will pay the remaining 40%.
The state will absorb $373,333.33 representing 60% while an amount of $248,888.89 representing 40% will be paid by MPs.
Prof Gyampo indicated that, “politicians have lost the legitimacy to make demands or benefitting from such interventions from the state and from the taxpayers' resources."
According to him, there can’t always be a situation whereby certain cohorts are made beneficiaries of the national purse, whereas others are denied access to it by being put on a waiting list.
Latest Stories
-
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
22 minutes -
Kwame Boafo Akuffo: Court ruling on re-collation flawed
41 minutes -
Samuel Yaw Adusei: The strategist behind NDC’s electoral security in Ashanti region
43 minutes -
I’m confident posterity will judge my performance well – Akufo-Addo
55 minutes -
Syria’s minorities seek security as country charts new future
2 hours -
Prof. Nana Aba Appiah Amfo re-appointed as Vice-Chancellor of the University of Ghana
2 hours -
German police probe market attack security and warnings
2 hours -
Grief and anger in Magdeburg after Christmas market attack
2 hours -
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
3 hours -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
3 hours -
Top 20 Ghanaian songs released in 2024
3 hours -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
3 hours -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
4 hours -
Kudus sights ‘authority and kingship’ for elephant stool celebration
4 hours -
We’ll embrace cutting-edge technologies to address emerging healthcare needs – Prof. Antwi-Kusi
4 hours