Former Minister Kobina Tahir Hammond has rejected claims that a GH¢89.4 million debt related to the One District One Factory program was fake.
He described the allegation as false and an attempt to harm his reputation.
Hammond stated that he will take legal action if the report is not removed from Parliament.
The allegations stem from findings in a Bank Transfer Advice document.
This document, according to the report, links the debt to the government's industrial initiative.
Hammond has strongly denied these accusations.
He is demanding the withdrawal of the report from the legislative body.
A named official has indicated a potential court challenge.