A former Deputy Power Minister has called on the government to “as a matter of urgency” terminate the Concession Agreement between the Electricity Company of Ghana and Power Distribution Service (PDS).
John Abdulai Jinapor’s call follows the government’s suspension of the agreement which mandated PDS to take over some assets and operations of the ECG including electricity service distribution, in all of ECG’s operational areas in Ghana.
Announcing the decision on Joy News’ PM Express on Tuesday night, Information Minister, Kojo Opong Nkrumah, said the decision was reached after painstaking investigations.
A statement which followed from his office said in part “the decision follows the detection of fundamental and material breaches of PDS obligations in the provision of payment securities (Demand Guarantees) for the transactions which has been discovered upon further due diligence.”
John Abdulai Jinapor, who is also a Member of Parliament for Yapei/Kusawgu constituency at a press briefing Thursday, expressed dissatisfaction at the steps taken by the government to address the impasse.
He wants the government to go further to “identify and prosecute those responsible for the fraudulent guarantee as confirmed by the Minister of Energy.”
In addition, the government must “ensure a full refund of all monies appropriated by PDS through this fraudulent scheme,” including “dissolving the current ECG Board and appoint a competent non-partisan board.”
Click here to read the full statement.
Latest Stories
-
Franklin Cudjoe criticises Torkornoo’s press briefing as needless
1 minute -
Afreximbank was Ghana’s lifeline when the world turned away during COVID-19 – Akufo-Addo
1 minute -
Akufo-Addo pushes for 30% sovereign reserves in African banks
8 minutes -
Government insures fire service personnel
11 minutes -
Afreximbank launches PAPSS credit card to boost financial integration
16 minutes -
Government to design innovative financing scheme for agribusiness – Deputy Trade Minister
21 minutes -
Obasanjo outlines three-pillar strategy for Africa’s sustainable development
48 minutes -
Government to support 200 MSMEs with digital infrastructure
55 minutes -
Education Minister tasks Ghana Library Authority Council to build Presidential libraries
1 hour -
CJ distorted Adu Lodge history to mislead public – Edudzi Tamekloe
2 hours -
Tackle Child Health Issues with unified approach – Tano South MCE urges
2 hours -
Keta flood disaster: Residents cry for help as schoolchildren wade through water
3 hours -
FILMA to create jobs for 80,000 youths by 2028
4 hours -
Ghana bets on Mahama to crack whip on corruption
4 hours -
Agric Minister Eric Opoku secures FAO support to deepen agricultural transformation agenda
5 hours