Audio By Carbonatix
Financial Systems Analyst, Kwaku Adoboli, has called for a law that limits campaign contribution by individuals as a method to halt capital supremacy in the country.
According to him, political parties, particularly the New Patriotic Party (NPP) and the National Democratic Congress (NDC) must work together to establish the election contribution thresholds.
Mr Adoboli explained that such a law must outline processes to make sure that those contributions are made transparent.
“If you don’t have a threshold that means money has more power than individual people. Each person has one vote but if the dollar has the power to accumulate more votes that means the money has more power and that is not fair.
“It gives capital supremacy over the people and over time as we’ve seen, the interest of capital sometimes goes against the interest of the nation,” he said on Tuesday.
Mr Adoboli who was contributing to the ongoing debt restructuring on Asaase Radio on Tuesday, believed the economy is in a mess due to the lack of rules governing the democratic system the country practices.
He indicated that the financing of campaigns makes incumbent government indebted to its financers, thereby prioritising their needs over that of the people.
“So in order to protect us from the cycle, the two parties have to come together and enact some campaign contribution limit laws and we need to make sure it is transparent. So we all know who is contributing to what because the playing field needs to be fair,” he noted.
Latest Stories
-
Who controls Ghana’s digital identity infrastructures? A cybersecurity perspective on sovereignty, risk, and the Ghana card
5 minutes -
Trump threatens to fire Fed chair Powell if he doesn’t leave in May
7 minutes -
We were right – Abu Jinapor says global conflict warnings on Ghana’s economy now vindicated
8 minutes -
WHO estimates scaling up primary healthcare could save up to 60 million lives worldwide by 2030 – Health Minister
9 minutes -
NPP alleges judicial bias, accuses some judges of partisanship
14 minutes -
Abu Jinapor backs Ghana’s push for reparative justice at UN level
15 minutes -
12 new universities targeted as Education Minister inaugurates 17-member committee to drive expansion agenda
18 minutes -
The Design and Technology Institute breaks ground on $28m multi-skills campus at Berekuso
19 minutes -
Boston to charge fans $95 for bus to Gillette Stadium during the World Cup
24 minutes -
All clearing works at Lake Bosomtwe suspended – Ashanti regional minister
26 minutes -
Study finds eight antenatal visits significantly improve birth outcomes in Ghana
28 minutes -
Ghana Armwrestling Federation invites 40 athletes for pre-tournament camping
28 minutes -
Every child deserves to learn
33 minutes -
Union Berlin make history by appointing Marie-Louise Eta as Bundesliga’s first female head coach
36 minutes -
Free Primary Healthcare programme to expand access, says Greater Accra Minister
40 minutes