July 30, 2013 by apicomely
‘Finance Ministry paid GHc42,000 to Danomah’s family’
Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing.
Big finance is strangling innovation
Create work programs that make use of and enhance the productive capabilities of educated and experienced workers whose human capital would otherwise deteriorate through lack of other relevant employment. Move toward a tax system that channels some of the money made on the gains from innovation toward government agencies that can invest in the public knowledge base needed for the next round of innovation. Weve still got plenty of innovation left in us, but we have to change our priorities and make the financial economy subordinate to the productive economy. That would go a long way toward getting Wall Street off our backs and allowing America to once again be a place where energetic people thrive and work together to produce great things. **At a recent conference in Rio de Janeiro, Financial Institutions for Innovation and Development, sponsored by the Ford Foundation Initiative on Reforming Global Finance, the Multidisciplinary Institute for Development and Strategies (MINDS) and the Brazilian Development Bank (BNDES), economists discussed innovation and how financial markets, business enterprises and the state interact with and invest in the process of creating and producing useful things.
When it was put to Mr Peasah by counsel for the commission, Mr Dometi Kofi Sokpor that the statutory declaration indicated that the money be paid into an account, he said the AG letter stated so but records from the finance section of his ministry showed that a cheque was issued to Yeboah. Mr Peasah, who is also the Chief Economics Officer, later presented records of the payment to the commission. Senior State Attorney A Senior State Attorney, Mrs Elfreda Dankyi, who appeared before the commission on the same matter, emphasis ed that she was not the attorney that handled the matter, and that a file on the matter was presented to her only yesterday morning to appear before the commission. In fact the office was able to locate some scanty information which we have with us. So my Lord, I would not be able to answer all the questions that were served on our office. When asked who was in charge of the case, Mrs Dankyi said she did not have any record of the State Attorney who handled the matter.