President Nana Addo Dankwa Akufo-Addo has appointed Mr Yaw Baah, a previous Member of Parliament for Kumawu in the Ashanti Location, as the Main Executive Officer (CEO) of the freshly proven Minerals Revenue Financial commitment Fund.
This is pursuant to part 21(1) of the Minerals Revenue Investment decision Act, which was passed in 2018.
This fund by means of its subsidiary entity will personal and regulate all the country’s existing gold property and maximise benefit derived from these belongings.
It is envisaged that it can elevate between US$500 million and US$750 million quickly for governmental infrastructural enhancement via its operations.
This fund is the initially of its sort in Africa and the moment the fund’s subsidiary gets to be entirely operational, it will lend fat to the New Patriotic Bash (NPP) government’s purpose of generating Ghana the main monetary hub in West Africa.
Mr Baah, a senior husband or wife at Sterling Partnership Legislation Business is a product or service of the College of Ghana in which he attained his first diploma in Economics and Political Science.
He labored briefly at the then Ministry of Trade and Business prior to leaving for put up-graduate studies at Nottingham University in the United Kingdom.
He afterwards enrolled at the Lincoln’s Inn and was named to the English Bar.
He became a Member of Parliament (MP) for Kumawu in 2003 as a result of a by-election. He exited Parliament in January 2013.
During his tenure as a Parliamentarian, he chaired pretty much all the legal committees of Parliament, represented Parliament on the Georgina Wooden Committee that probed the cocaine menace in 2006.
Mr Baah was also the parliamentary representative on the Media Fee and was Ghana Parliament’s sole consultant to the Joint EU-ACP Parliament in Brussels.