Former Minister for Trade and Industry, Kobina Tahir Hammond, has strongly denied allegations of a fictitious GH¢89.4 million debt linked to the One District One Factory government program. He described the claims as "preposterous."
Hammond stated the allegations appear to be a deliberate effort to damage his reputation. He is challenging the findings presented in a Bank Transfer Advice.
The former minister has issued a strong warning to the Attorney General and the Information Minister. He demands they withdraw the report submitted to Parliament.
If the report is not withdrawn, Hammond stated he will pursue legal action. He intends to face the Attorney General and the Information Minister in court.
The controversy stems from findings in the Bank Transfer Advice. These findings reportedly question the legitimacy of substantial funds within the One District One Factory initiative.
Details of the Bank Transfer Advice have not been fully disclosed to the public. Hammond’s response indicates significant disagreement with its conclusions.
The Minister for Information has not yet issued a public statement regarding Hammond’s demands. The Attorney General’s office also has not responded to the threat of legal action.
The One District One Factory program aims to boost industrialization across Ghana's districts. This dispute raises questions about the program's financial oversight and transparency.