General Politics

Akufo-Addo’s promises qualify as a “political ponzi scheme” – Ofosu Kwakye

Felix Ofosu Kwakye, a former deputy communications minister under the erstwhile Mahama administration has described promises by President Akufo-Addo during the 2016 electioneering campaign as a Ponzi scheme.

He said the list of promises propagated during the 2016 electioneering campaign in 2016 by President Akufo-Addo can best be described as a “political ponzi scheme”.

In a video he shared on twitter he captured Nana Addo addressing masses at a rally how he was poised to transform Ghana.

The caption of the tweet read, “Here is a video in which then candidate Akufo-Addo promises to change the face of our country in 18 months. If this doesn’t qualify as a political ponzi scheme, I do not know what it is”.

The NDC legislator argued that no one held him by the neck to make such promises. In his estimation, he (President Akufo-Addo) made the promises willfully and Ghanaians believed that indeed he would change their fortunes in 18 months.

He lamented the massive job cuts, collapse of banks, and further depreciation of the local currency, indiscriminate increase of fuel prices and untold hardship on the citizenry.

It’s on these grounds that he stressed that the mantra of Ghana beyond aid, 1 District 1 factory and chain of promises are nothing but a “political ponzi scheme”.

See tweet below.

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