Audio By Carbonatix
Deputy Energy Minister, William Owureku Aidoo, has revealed that initial investigations into the botched power concession agreement with Power Distribution Services (PDS) point to a grand plan deceive the state.
“It appears to be a grand scheme to hoodwink…we are not talking about just small boys trying to do something. This was a grand scheme that has been perpetrated and I am happy to say that we have found out,” he said on PM Express on Wednesday.
He made the revelation in response to criticism that the government failed to adequately interrogate the Conditions Precedent in the agreement to give the management of the Electricity Company of Ghana (ECG) to PDS.
Government has explained that documents presented by PDS as a guarantee for the takeover of the power retailing and distribution company were forged.
Related: Amewu calls NDC bluff to reveal gov’t officials in PDS fiasco
Energy Minister, Peter Amewu, has said the documents indicated that a company in Qatar has guaranteed for PDS but the management of that company has told the government the document is not authentic.
PDS, meanwhile, insists it has done nothing wrong and has promised to respond to the suspension of the power concession agreement appropriately in due time.
Speaking on the matter on PM Express, a current affairs programme on Joy News, Mr Aidoo said although investigations are still ongoing, the government is convinced that PDS misrepresented some of the requirement for the takeover of ECG.
He said, however, that “if it turns out that our fears are not confirmed, then it could happen that the PDS suspension would be lifted. But we are standing on very firm ground that the information we have is quite good.”
Related: ECG is back as gov’t suspends PDS agreement
Meanwhile, the Energy Commission, the regulator, has suspended the retail licence for PDS. But PDS will still remain the power distributor for at least a month. The law mandates the Energy Commission to give PDS 30 days to be heard.
Mr Aidoo also said it was too early to point accusing fingers at persons purported to be culpable in the matter.
Watch more in the video below.
Latest Stories
-
KNUST launches Nkabom collaborative project to transform Ghana’s agri-food sector
8 minutes -
Korle Bu surgeon raises alarm over breast cancer surge; calls for more treatment centres nationwide
11 minutes -
T-bills auction: Government records 38% oversubscription, but yield on 91-day and 182-day increases
16 minutes -
Ejisu celebrates national farmers’ day, calls for investment and innovation in agriculture
19 minutes -
Kufuor reveals NPP plot against him after 1996 election loss
27 minutes -
Peaceland school wins 2025 Jan Binder awards for promoting clean and green schools
38 minutes -
Ghana’s future football stars shine as Adrobaa R/C wins Milo U-13 champions league
44 minutes -
Accept postings to underprivileged areas – Vice President urges new doctors
46 minutes -
Man found guilty of Australian beach murder after hiding in India for years
47 minutes -
OSP turning PPA CEO probe into a “foolish case” – Manasseh Azure
52 minutes -
Japan protests after Chinese fighter jets lock radar on Japanese planes
54 minutes -
Police rescues kidnap victim at Wapuli, 3 arrested, one suspect at large
56 minutes -
Ghana’s Dr Richard Owusu Nyarko becomes 1st African fellow of American Professional Wound Care Association
58 minutes -
Ghanaian PhD students in UK face court actions over unpaid rent amid 48-month stipend arrears
1 hour -
Dr. Catherine Kuupol Kuutor makes history as first woman mining personality of the year
1 hour
