Transparency International advises UK financial institutions to withdraw from Agyapa deal - News Summed Up

Transparency International advises UK financial institutions to withdraw from Agyapa deal


Forty-nine per cent of the shares in Agyapa Royalties are to be sold through a listing on the London Stock Exchange. Amidu, who publicly shared his corruption risk assessment report in November, gave further impetus to the advocacy for a review of the Agyapa Royalties deal. Linda Ofori-Kwafo, Executive Director of Ghana Integrity Initiative, the Ghana chapter of Transparency International said:“There are serious red flags in how this deal was set up. Concerns have been raised by civil society actors around inadequate stakeholder consultation, transparency and the valuation of the deal. It is crucial for Ghana that the western financial institutions and regulators involved in this deal take these concerns seriously.


Source: GhanaWeb December 23, 2020 07:30 UTC



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