Frank Annoh-Dompreh, a member of parliament from Nsawam Adoagyiri, is against include specific bondholders in the Debt Exchange Program.
The legislator criticised the scheme on his Twitter account and said it was unjust and untenable to engage specific bondholders.
Therefore, he requested that the judgement be reviewed immediately by Finance Minister Ken Ofori-Atta.
"The Finance Minister (Ministry) must urgently evaluate as soon as possible its decision and determination regarding specific bondholders. I disagree with them and believe that their position is unfair and unworkable. He tweeted his statement.
The government started a debt swap scheme as part of measures to make sure the nation's debt is manageable.
The program's current form allows for the addition of certain bondholders.
Individual bondholders, however, have requested an exemption from the initiative from the government.
The Ghana Individual Bondholders Forum warned on Friday that if the government moves forward with include individuals in the Domestic Debt Exchange programme, bondholders will lose 88.2% of their investments at the current inflation rate.
President Akufo-pledge Addo's of no loss or haircut, it was said in a press release, had not been kept in any way, and that "great will be lost, too much is gone, everything is broken, you will not recover, your livelihoods shall be ruined."
Meanwhile, a 65-year-old retiree named Larry Jiagge has stated that if the government persists on adding individual bonds in the Domestic Debt Exchange programme, he will think about taking his own life.
The elderly man claimed he had placed his whole severance payout in government bonds and would struggle to exist if his coupons were withheld in an interview on Joy FM's Super Morning Show on Wednesday.
He claims that his investment is his only source of income, which he uses to buy food and prescription drugs.
Why can't they (the government) be extremely clear and warn us that if we don't cooperate, we will lose our money, and that some of us will commit suicide rather than endure the suffering?
There isn't a lot of information available. When you speak with your bankers, they will advise you that this is all the information we currently have and that this is what we have been told. We are also awaiting more details," he stated.
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