Sentences with phrase «associated bond financing»
Without the TADs and the associated bond financing, these developments that will significantly increase long - term property values would never have happened.
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His Vice President mesmerised the whole world with his famous $ 15 million addressing system, his cousin, the Finance Minister sat in his room with his wife and business associates and issued a $ 2.25 bond on behalf of the people of Ghana, his ministers are inflating cost of projects in the name of «typo error» and his cousins selling our oil like tomatoes on Mallam Atta market.
STRANEK finds worrying possibilities of «conflict of interest» in the deal, consequent to which a petition has been presented to Commission of Human Rights and Administrative Justice (CHRAJ) stating that the Minister for Finance, Mr. Ofori - Attah, «has attempted to promote a private, personal interest for himself or for some family members and business associates and the promotion of the private interest has resulted in, or was intended to result in, or appears to have resulted in, or has the potential to result in an interference with the objective exercise of his duties and an improper benefit or an advantage by virtue of his position», necessitating a call for an investigation into the bond deal.
This also adds to a growing list of conflicts of interest situations in which the Finance Minister seems to be entangled - the USD 2.25 billion bond, as well as the appointment of close relatives and his business associates to key positions at the Finance Ministry, the Bank of Ghana and a number of other state institutions.
The President has appointed his first cousin as the Finance Minister and his cousin with his wife and business associates, issued a $ 2.25 billion bond to his business allies.
Bonds are a form of debt financing, which must be approved by voters who agree to an increase in property taxes to fund the debt service associated with a given construction project.
Oxford Review of Finance 2016, 20 July 2015, pp. 1081 - 1106; Fundrise White Paper, «Why Private Markets Outperform Traditional Publicly - Traded Stocks & Bonds,» May 16, 2017; Cambridge Associates» 2016 Q1 US Private Equity Index; and Wall Street Journal, «Calpers Is Sick of Paying Too Much for Private Equity,» April 16, 2017