The flagbearer of the National Democratic (NDC), has landed the biggest punch yet on his counterpart with the New Patriotic Party (NPP) Nana Akufo-Addo and many members of his family, including his younger brother, Edward Akufo-Addo alias "Bumpty" saying they have made enough money to guarantee him a befitting retirement.
John Dramani Mahama, also mentioned the President's two cousins, Finance Minister, Ken Ofori-Atta and Gabby Asare Otchere-Darko, as well as others who have benefited enormously, including using conflict of interest schemes to make money which will give Akufo-Addo, a comfortable retirement when he leaves the Presidency.
Ex-President Mahama, mentioned that under the current administration, a colossal nine billion dollars, have been raised by Ken Ofori-Atta, and all through all these arrangement, his private company, Databank Financial Services and other proxies companies of the Finance Minister, benefited hugely from the transaction.
Mr Mahama, who was speaking to veteran journalist, Kwesi Pratt Jnr in Tamale on Saturday, which was aired on Pan African TV, the NDC flagbearer, said the minister's personal benefits, explains his quick rush for loans and bonds, since he came into office.
Speaking in an interview with Pan African TV, John Mahama, said that information available to the NDC, indicates that the attacks were not carried out by members of the Homeland Study Group Foundation.
"This finance minister, you know what they are interested in, all he's interested in is going on the bond market and borrowing because he benefits from it indirectly. His company is at the bottom of borrowing all these Eurobonds. He's borrowed 9 billion dollars from the market in 4 years and every bond he floats, Data Bank makes money out of it through properties and other things."
The ex-President, added that the NDC in 2016 financed the national budget without borrowing from the Central Bank.
Mahama said Ken Ofori-Atta, has borrowed an amount of $9 billion in 4 years, and attributed the economic hardship to his regular borrowing which he uses to fund budgets and other governmental projects.
Comparing events as they happened under his tenure to current trends under the Akufo-Addo government, Mahama claimed the NDC, did not borrow a penny to finance the 2016 budget.
"By the time we left office in 2016, I will tell you this; most Ghanaians don't know, we finance the budget from our revenue, we didn't borrow 1 cedi from the Central Bank. The first time in Ghana's history. Everything that we financed the budget with in 2016, we did zero central bank finance. This had put the economy on the platform where I mean if the incoming administration Nana Addo's administration had taken over, and with additional oil revenues and things, we would have just continued with fiscal consolidation and you would have felt the prosperity in the system. Instead, the jettison everything and decided to go on their own track. This finance minister, you know what he is interested in? All he is interested in, is going on the bond market borrowing money because he benefits from it indirectly. His company is at the bottom of borrowing all these Eurobonds. He's borrowed 9 billion dollars from the bond market in four years and every bond he floats, Databank makes money from it through proxies and other things, you know. This is clearly conflict of interest. The President knows about this. That is why he says I am too old to be corrupt, I am not going to steal your money because he knew his relatives will steal the money for him and that's exactly what is happening, you know. He can go for plush retirement because he knows Ofori-Atta and Gabby and everybody will look after him. Bumpty and co would all look after him; you know. Yes we have a broken economy but it is time for the person who broke it to leave for somebody to come and fix it".
The flagbearer of the NDC, also cited the National Security in the disturbances that occurred in the Volta Region in September this year.
It will be recalled that suspected members of one of the three identified separatist groups blocked major roads to the region and cut off Aveyime, Adidome, Mepe, Akuse, Sogakope and Aflao, from the rest of the country.
The separatists, who were described as terrorist by the Interior Minister, also attacked two police stations and kidnapped some police officers.
John Mahama, said that information available to the NDC indicates that the attacks were not carried out by members of the Homeland Study Group Foundation.
He said the attacks were done at the behest of the National Security as part of a grand plan by the ruling government to suppress votes in the Volta Region.
He said the government wants to intimidate people and prevent them from coming out to vote on Election Day.
"We don't know what they are deploying those soldiers to the Volta Region for. Maybe to intimidate the people. The Western Togoland people who went to put sand on the Sogakope road, they are not the real Western Togolanders. They are not Efo's (referring to Papavi) people".
"This is an instrument of National Security so they tell them what to do. We have intelligence that on that day they will attempt to disrupt things in the Volta Region and if they do it's because National Security wants to suppress the votes in the Volta Region.
The Ghana Police Service has ahead of the elections identified 4000 polling stations and electoral areas as flashpoints.
The police said that security at these flashpoints will be beefed up to avoid any occurrence of violence.
But Mahama suspects the number is on the high side. He said during his time as a president, there were less than 500 flashpoints so he is shocked by the sudden rise.
"They come up with flashpoints and say there 4000 flashpoints in Ghana. Kwesi, (referring to Kwesi Pratt who is the interviewer) when have we had 4000 flashpoints in Ghana? In my time they were in the hundreds. In my time I don't think there were more than 500 flashpoints. Suddenly, this election the election taskforce has declared 4000 and something flashpoints", he told Kwesi Pratt.
Ghana goes to the polls on Monday, December 7 with John Mahama, who lost power four years ago, hoping to stage a comeback by defeating incumbent Akufo-Addo.