Ladies and Gentlemen of the Press, we have called you here to inform the good people of Ghana through you about developments in Parliament regarding the STX housing project. You will recall that on Thursday, July 15, 2010, the NDC government through it’s Parliamentary representatives withdrew from the floor of the House a motion to approve of A Supplier’s Credit Agreement Between the Government of Ghana and STX Engineering and Construction Ghana Limited for an amount of US$1,525,443,468 for the construction of 30,000 units of houses for the security services in Ghana.
This withdrawal was ostensibly occasioned by arguments proffered by the Minority side which had started to debate the motion on Wednesday, July 14, 2010. We are here today to tell Ghanaians the reasons why the Minority was asking Parliament to reject the proposal placed before it at the instance of Professor Mills, since the agreement came by Executive approval and not Cabinet approval. It is critically important to let the good people of Ghana know this because, as you may recollect, of the seven people that the Minority had lined up for the debate only two people spoke before the government beat a hasty retreat.