Former Minister for Trade and Industry, Kobina Tahir Hammond, has strongly refuted claims of a fictitious GH¢89.4 million debt. The debt is supposedly linked to the government's One District One Factory initiative.

Hammond described the allegation as "preposterous." He stated it is a deliberate effort to damage his reputation.

The controversy stems from findings in a Bank Transfer Advice. This advice was reportedly submitted to Parliament.

Hammond has officially demanded the withdrawal of this report. He has threatened to pursue legal action if his demand is not met.

The former minister believes the report is unfair and inaccurate. He feels his good name is being unfairly targeted.

The specific details of the report and its findings remain under scrutiny.