Former Chief Justice Sophia Akuffo has hailed President John Dramani Mahama for paying monies due bondholders.
She believes that the president’s action was in perfect order and in accordance with the law.
Sophia Akuffo indicated that her stance in the past was not because of her pocket but the previous government’s decision to go contrary to the contract they had with bond holders.
The former Chief Justice was speaking to the press after she was sworn in as a member of the Council of State when she made this known.
Her comments come on the back of the directive by the president to pay Bondholders.
“The President’s action was in perfect order and it was in accordance with the law. The stand I took was not because of my pocket but it was because I had a contract, a bond, the state had promised me something, and so I had made my money available, and then suddenly they wanted to change the terms of it and trying to force new terms down my throat. No, that will never be. I was happy and I am happy that the president has shown that he is a law-abiding president,” she said.
Following a directive from President John Dramani Mahama, the Ministry of Finance has honored the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders.
Sophia Akuffo was one of the pensioners who picketed at the Finance Ministry during the era of the previous government to drum home the need for the government to stick to the terms of their bond.
