- Let MPs & Council of State Members Car Loans not be Extended After this 8th Parliament – Finance Committee
As reported earlier the government of Ghana through the Finance Minister had tabled $28 million car loan for 275 Member of Parliaments and $3.5 million for Members of Council of State for approval which would be finance by National Investment Bank(NIB)
The legislators amid rejection of Okudzeto Ablakwa MP for North Tongu in the Volta Region and others including majority of Ghanaians, the matter was directed to the Finance Committee for further scrutiny and report. Part of the report by the Finance Committee indicates that the 8th Parliament should not accept or approve such car loan sponsorship after this one as it puts financial burden on taxpayers. However, the car loan had already been ratified by Parliament.
“Accordingly, the Committee strongly recommends to Parliament the discontinuation of the current vehicle loan arrangement for MPs and Council of State Members. Members of Parliament and Members of the Council of State should have similar duty post vehicle arrangements as other Article 71 officeholders. And the Committee respectfully recommends that Parliament and the Parliamentary Service take the necessary steps to ensure that this happens.” “The instant vehicle loan arrangement for MPs and Council of State Members before us today should therefore be the last one the state is sponsoring,” the report says.
As reported earlier the car loan beneficiaries are to receive $100,000 each, however, they pay only 40% without interest, while the state pays 60% with interest.
2. Minister for Chieftaincy and Religious Affairs Requests for Import Waiver for MPs & Members of Council of State
Following the car loan presented to Parliament, Minister for Chieftaincy and Religious Affairs, Ebenezer Kojo Kum, on behalf of the Finance Minister, Mr. Ken Ofori-Atta on Wednesday, July 14, 2021 has petition Parliament for a import waiver for such public officeholders or beneficiaries.
The proposed vehicle import waiver for Members of Parliament and Members of Councils of State sums up to thirteen million, three hundred and eighty-seven thousand, five hundred United States Dollars (US$13,387,500.00).
“Request for waiver of the Import Duty, Import GETFund Levy, Import NHIL, Import VAT, EXIM levy, COVID-19 Recovery Levy, Special Import Levy, ECOWAS Levy, AU Levy, Inspection Fees, and Withholding Tax (ITS Tax Deposit) amounting to the Ghana Cedi equivalent of thirteen million, three hundred and eighty-seven thousand, five hundred United States Dollars (US$13,387,500.00) on vehicles to be procured for Members of Parliament of the Eighth Parliament of Ghana (2021-2024) and the Members of the Eighth Council of State (2022-2024)”.