Mahama lied about NHIA investing in Treasury bill – NHIA- Presidential Candidate of the People’s National Convention (PNC), Dr. Edward Mahama
The National Health Insurance Authority (NHIA) says the
claim by the Presidential Candidate of the People’s National
Convention (PNC), Dr. Edward Mahama that it invests
service providers’ money in Treasury bill is “outrageous.”
According to the Authority, if that were the case,
Parliament’s Public Account Committee (PAC) would have
brought the issue to the attention of Ghanaians, but this is
not so.
Dr. Mahama, who owns a hospital disclosed on JOYNEWS'
current affairs program, PULSE, that corruption in the
country is so bad to the point that service providers under
the National Health Insurance Scheme (NHIS) have not been
paid for their services because management of the scheme
has invested the money in Treasury bill.
“I have been reliably informed that some of the money have
been put in account [into] Treasury bill [or] whatever to
mature and provide money for some people,” he said.
Reacting to the issue on Joy News, Communications
Manager of the NHIA, Selorm Adornu said it was unfortunate
Dr. Mahama made such wild and unfortunate allegation.
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According to him, this exposes a “Certain misunderstanding
of the process because investment and the yields of our
[NHIA] investment are a critical source of funding for the
scheme”.
He explained the money allocated to the scheme at the
beginning was more than the Authority requires to spend on
its operation, hence, the decision to invest the surplus
money lying in the account. This is different from the money
earmarked for service providers, he said.
“The scheme is funded by a number of sources, and if you
have such a good investment management, and your
resources are yielding money, I don’t think anybody will say
that they don’t like a lot of money”, he said.
Mr. Adornu also debunked Dr. Mahama’s claim that his
hospital has pulled out of the NHIS due to non-release of
funds.
“If Dr. Mahama will be frank with you, he will tell you that is
not true,” he said.
claim by the Presidential Candidate of the People’s National
Convention (PNC), Dr. Edward Mahama that it invests
service providers’ money in Treasury bill is “outrageous.”
According to the Authority, if that were the case,
Parliament’s Public Account Committee (PAC) would have
brought the issue to the attention of Ghanaians, but this is
not so.
Dr. Mahama, who owns a hospital disclosed on JOYNEWS'
current affairs program, PULSE, that corruption in the
country is so bad to the point that service providers under
the National Health Insurance Scheme (NHIS) have not been
paid for their services because management of the scheme
has invested the money in Treasury bill.
“I have been reliably informed that some of the money have
been put in account [into] Treasury bill [or] whatever to
mature and provide money for some people,” he said.
Reacting to the issue on Joy News, Communications
Manager of the NHIA, Selorm Adornu said it was unfortunate
Dr. Mahama made such wild and unfortunate allegation.
ADVERTISEMENT
According to him, this exposes a “Certain misunderstanding
of the process because investment and the yields of our
[NHIA] investment are a critical source of funding for the
scheme”.
He explained the money allocated to the scheme at the
beginning was more than the Authority requires to spend on
its operation, hence, the decision to invest the surplus
money lying in the account. This is different from the money
earmarked for service providers, he said.
“The scheme is funded by a number of sources, and if you
have such a good investment management, and your
resources are yielding money, I don’t think anybody will say
that they don’t like a lot of money”, he said.
Mr. Adornu also debunked Dr. Mahama’s claim that his
hospital has pulled out of the NHIS due to non-release of
funds.
“If Dr. Mahama will be frank with you, he will tell you that is
not true,” he said.

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