Kufour vindicated as Victor Smith confesses $5bn allegation lacked basis

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Parent Category: Our Country

Category: Politics

Created on Tuesday, 20 March 2012 00:00

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Former President John Kufour says he feels vindicated by the latest confession by Eastern Regional Minister-designate, Mr Victor Smith, that he has no evidence to back his allegation that President Kufour owes over $5billion to some Kuwait oil suppliers. Mr Smith had suggested properties belonging to the former president were being seized to defray the debt.

He first made the allegation on Joy FM in 2008 and dared the then sitting president to sue, after refusing to retract.

But Mr. Smith who yesterday appeared before Parliament’s Vetting Committee, admitted he had no evidence when he was pressed by Deputy Minority Leader, Ambrose Dery.

“Your publication in respect of president Kufuor and $5 billion oil deal Kuwait, as you sit here today, can you prove it”? Mr Dery asked. “Mr Chairman as I sit here I cannot prove,” Victor Smith answered.

Spokesperson for President Kufour Frank Agyekum told Joy News Mr. Smith’s confession only goes to confirm their long held belief that his allegations had no ba sis. Mr Agyekum said as Deputy Information Minister, he challenged Mr Smith to substantiate his allegations “and I told him it was a cock and bull story because to think that somebody somewhere will give $5 billion dollars to [Kufuor], I mean for what”?

“We feel vindicated that when we said it was not true, now it has come out that it is not true and he himself has said he has no basis,” the former Deputy Information Minister said.

Source:Joy News