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The ruling party, the New Patriotic Party (NPP), mocked the opposition's argument, the National Democratic (NDC), that a businessman allegedly spearheading a Ponzi scheme, Menzgold, had been encouraged by the Akufo-Addo government.
Yaw Buabeng Asamoah, director of communications at the NPP, said that on the contrary, it is the Mahama government that has failed to stem the scam that has existed for at least four years.
The bankrupt investment company owned by Nana Appiah Mensah, aka NAM1, left thousands desperate for their money, after the experts described their operations as a Ponzi scheme.
The government is increasing pressure for the CEO, Nana Appiah Mensah, to be released after he fled to the UAE, where he was reportedly arrested.
But the political fallout from the financial scam is being felt between the main opposition party, the NDC, and the ruling NPP.
At a news conference on Wednesday, Sammy Gyamfi, head of communications at NDC, said President Akufo-Addo was visible on a viral photo with NAM1, which added to the credibility of the CEO.
"The problem of Menzgold is largely the creation of the Nana Akufo-Addo government. Indeed, the many obvious acts of promotion and publicity of Menzgold and its managing director, Nana Appiah Mensah …. The president and his representatives are inextricably linked to the difficult situation of Menzgold's clientele. "
"There is no doubt that the open endorsement of NAM1 and Menzgold by this government has greatly enhanced the credibility and legitimacy of Menzgold in the eyes of the general public and has encouraged many people to invest with the company. even after the Bank of Ghana warned it "added.
But in response, Yaw Buabeng Asamoah asked if a photo meant an endorsement, and then President Mahama's photo with a gay activist in 2013 was an endorsement and promotion of homobaduality.
Solomon's founder of the LGBT Research Fellowship, Andrew Solomon, helped John Mahama promote his memoir, My First Coup, in the United States.
Watch the video of his bailer below:
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