Economy

Group sues government over GT sale

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A group calling itself concerned citizens of Ghana have sued the Government over its intended sale of 70 percent state interest to UK telecoms operator, Vodafone. Spokesman for the concerned citizens group, Bright Akwetey, told Joy News they want the court to revoke the deal altogether and they have notified the Attorney General’s Office of the suit. Government has described the deal that will see Vodafone pay 900 million dollars for the majority share as the best to save the ailing GT, however there have been several opposition to the deal, currently before parliament awaiting consideration and ratification. Bright Akwetey told Joy News, “We want to know who and who bid for Ghana Telecom, and what were their bids and who evaluated the bids and why Vodafone, and we are asking the court to dissolve the Enlarged Ghana Telecom that has been created. What is Enlarged Ghana Telecom? If we go to the Registrar Generals Office and there is no company called Enlarged Ghana Telecom, then this agreement is unlawful.” Specific reliefs being sought are;
  • Revocation of the agreement for the sale of Ghana Telecom to Vodafone International executed on 3rd July 2008.
  • Order for dissolving the Enlarged Ghana Telecom created for the purposes of the sale of Ghana Telecom.
  • Restoration of Fibre Optic Network to the Volta River Authority.
  • Order for a true and faithful inventory of Ghana Telecom.
  • Order for true and faithful Revaluation of Ghana Telecom.
The intended civil action is in the names of Professor Agyemang Badu Akosah, Mr. Kwame Jantuah, naa Kordai Assimeh, Dr. Nii Moi Thompson, Ms Rhodaline Imoru Ayarna and Michael Kosi Dedey. Author: Isaac Yeboah

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.