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Debt Exchange Programme: It is wicked and disrespectful to include the aged – Sophia Akuffo

Samuel Sackey by Samuel Sackey
February 13, 2023
in Top Story, News
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Debt Exchange Programme: It is wicked and disrespectful to include the aged – Sophia Akuffo
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Former Chief Justice, Sophia Akuffo, has said the ruling New Patriotic Party (NPP) administration is heartless about the welfare of the aged in the country.

According to Ms. Sophia Akuffo, including the aged in the proposed 15% coupon rate of the government’s Domestic Debt Exchange Programme (DDEP) is “wicked, disrespectful, and unlawful.”

She angrily made the statement on Friday, February 10, 2023, when she joined the Pensioner Bondholders in their day-five picketing at the Finance Ministry to demand that the government exempts them from the Domestic Debt Exchange Programme (DDEP).

Speaking to journalists, the former CJ said “a lot of us are from the generation where we were always encouraged to save and quite a number of people here today, when they retired, put their savings into government bonds.

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“It is a contract and now all of a sudden you eventually want to force them to agree with you that the yield on their investment should be as you dictate it. Why?

“I find this wicked and disrespectful and unlawful because you don’t solve your problem by sacrificing the aged,” Madam Akuffo lamented.

According to her, it is high time that the elderly in the country were respected.

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Tags: Government bondMs Sophia AkuffoNPPWicked and Disrespect
Samuel Sackey

Samuel Sackey

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