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Implicate Kufuor in the current economic catastrophe as well-Kofi Adams

ofi adamss

The former president, John Agyekum Kufuor, should also be held accountable for the nation’s current economic woes, according to Buem MP Kofi Adams.

The National Democratic Congress (NDC) MP noted that the current nation’s issues stem from the past president’s administration’s introduction of a redenomination of the nation’s currency.

With the arrival of Dr. Mahamudu Bawumia, a man dubbed a “economic Wizkid,” Kofi Adams claimed that this is when the nation’s economic problems began.

“Former president Kufuor will come before even I bring Nana Addo because he was the one who Bawumia and Paul Acquah misled into believing that they are economic wizkids because they took off four zeroes from our money that it was redenomination, so, one cedi, one dollar.

“That was artificial. You spoilt our money by thinking that you cut off four zeroes from our money, that was how Bawumia got celebrated. So, the argument was that they had brought the cedi at par with the dollar… we were deceiving ourselves,” he said.

Kofi Adams went on to say that John Agyekum Kufuor got himself into the current economic situation by not telling Nana Addo Dankwa Akufo-Addo about what he called a “artificial” arrangement.

“So, President Akufo-Addo, who wasn’t an economist, who didn’t understand the economy then thought that he had gotten a Wizkid who would solve his problems for him… So, President Kufuor should have told him that it is propaganda and not a Wizkid matter, but he didn’t tell him,” he added.

In an interview with Kwesi Parker-Wilson of Oyerepa TV, Kofi Adams disclosed this.

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