Bawumia’s 15 million bank accounts claim false – Minority

Bawumia’s 15 million bank accounts claim false – Minority

The Minority in Parliament is challenging the claim by Vice President Dr Mahamadu Bawumia that the introduction of Mobile Money Interoperability has created bank accounts for over 15 million Ghanaians.

Dr. Bawumia noted at an event in Accra that his promise of a bank account for every Ghanaian during the 2016 elections has been partly fulfilled with the Interoperability platform.



But addressing the media in parliament, MP for Ningo Prampram and a member of the Communications Committee Sam George said the claim of the Vice President is untenable.

According to him, aside the fact that people have multiple mobile money accounts, subscribers could still transfer money across networks and banks even before the Akufo- Addo administration took office.

” Let us state for the records that mobile money and it’s concept was introduced 11 years ago by MTN at that time Dr Bawumia was not Vice President. Yesterday Dr Bawumia made erroneous claims, one of such claims is that we now have 15 million people operating mobile money accounts. What he fails to note is that one individual can have multiple mobile money accounts so when he sees that we have 15 million accounts it does not mean that 15 million Ghanaians have mobile money accounts.

“Again the claim that interoperability is the reason why there is 15 million accounts is false because before interoperability came, you could still send money through the token process,” the Ningo Prampram MP said.

Source: Starrfm.com.gh

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Fintech Friction: TapTap Send advocates for smoother regulatory landscape

TapTap Send, a major player in Africa-focused money transfers, is calling for a more collaborative ...