Audio By Carbonatix
North Tongu MP Samuel Okudzeto Ablakwa has declared his intention to initiate proceedings to summon the Finance and Energy Ministers, as well as the Attorney General, before Parliament.
The summon is over the disbursement of GH¢230 million to settle a judgment debt owed to Trafigura.
Trafigura, the majority owner of the power company Ghana Power Generation Company (GPGC), secured the award in January 2021 after an arbitral tribunal in London ruled that Ghana had unlawfully terminated a contract for the installation and operation of two power plants.
The government was mandated to pay $170 million to the company or face the risk of losing its property through auctioning.
In response, the government has released $20 million to kickstart the payment process.
In an interview with Citi News, the North Tongu legislator emphasised the need for the sector ministers to provide answers.
“Our oversight role in terms of summoning these ministers and finding out why they created this, and seeing if there can even be a vote of censure, failed the last time we tried that because we did not have the two-thirds majority.”
“But we will not give up, and we have already served notice that we are going to pursue this matter because this is such a colossal amount of money wasted, and people must answer questions.
"You can’t waste all of these resources which could have been used to build roads, and hospitals, solve our water problems, and address our housing challenges for displaced persons. So, I can assure you that we are not going to be derelict on this matter.”
Latest Stories
-
Underage riders driving motorcycle crashes, union claims
10 minutes -
About 14,800 candidates with aggregates 6–12 apply for 1,300 Achimota places – CSSPS
23 minutes -
PETROSOL engages dealers to strengthen retail network and improve customer experience
35 minutes -
GRIDCo warns encroachers as activities under high-voltage lines threaten power supply
42 minutes -
The coup doesn’t need soldiers anymore: Social media and the new assault on African democracy
52 minutes -
Works and Housing Minister pushes to cut Kaneshie road closure from one year to 6–9 months
55 minutes -
Joy FM Back-to-School Fair: Patrons to enjoy up to massive discounts from vendors
1 hour -
Mahama gives TMA, TDC 14 days to resolve development control dispute
1 hour -
‘We cannot arrest the entire school, but we know the ringleaders’ –– Police warns Okuapem, Mount Sinai students
1 hour -
UN warns of ‘supersized’ El Niño as countries prepare for impact
1 hour -
Channel smuggling gangs resort to ‘mega-dinghies’ as crackdown limits small boat supply
1 hour -
Embattled Spanish PM Sánchez insists no prior warnings before Ceuta crisis
1 hour -
Palestinian teens killed during settler attack on West Bank village, officials say
1 hour -
Foreign Affairs Ministry responds to Fourth Estate attestation investigation, bars middleman from premises
1 hour -
Zanetor Agyeman-Rawlings calls for balance between development and environment protection
1 hour