National Democratic Congress (NDC) Member of Parliament for North Tongu Constituency in the Volta Region, Samuel Okudzeto Ablakwa has strongly criticised the government accusing it of inflating the prices at which the equipment for the District Road Improvement Programme (DRIP), was acquired.
According to Mr Ablakwa, a parliamentary investigation has uncovered that the cost of equipment procured for the project was inflated by over $102 million (GH₵1.6 billion).
He said this has left Ghanaian taxpayers to bear an unnecessary burden of $178.7 million instead of the actual $76.6 million.
In a post on Facebook, Mr Ablakwa revealed that the equipment, sourced mainly from Chinese manufacturers LiuGong and Shaanxi Automobile Holding Group, and supplied through J.A. Plantpool, a Zoomlion subsidiary, was bought at prices inflated by up to 217 per cent.
“Even more appalling, industry officials engaged say that these rates can be substantially discounted with a bulk purchase, and are therefore in total shock that the super bulk purchase by the Akufo-Addo/Bawumia/J.A.Plantpool deal rather led to these cruel price escalations.
Those who loudly promised to protect the public purse have left suffering Ghanaian taxpayers with a road equipment bill of US$ 178.7 million when we shouldn’t be paying anything more than US$ 76.6 million,” he said.
The North Tongu MP said this revelation contradicts Vice President Dr Mahamudu Bawumia’s previous statements in 2016 and 2017, where he criticised single-sourcing contracts for being overpriced and not providing value for money.
He said despite the Vice President’s promises to curb these practices, the DRIP contract, which was single-sourced, has proven to be a glaring example of the very problem he vowed to end.
“Some experts have told me that with US$ 178.7 million, Ghana would have been better off starting its own road construction equipment manufacturing company.
“Now many analysts believe the excitement of Vice President Bawumia about DRIP has got little to do with any potential impact in road construction,” the North Tongu MP said.
Mr Ablakwa said the National Democratic Congress (NDC) caucus in Parliament will launch a full investigation into the matter.
He also called for concrete action to prevent the full payment of the inflated amount and to hold those responsible accountable for what he described as a "national wrecking" deal.
Latest Stories
-
Telecel Ghana launches innovative phone auction service – Bid2Win
4 minutes -
Blue Gold’s funds ready, but Abu Jinapor adamant
5 minutes -
National House of Chiefs congratulates Mahama on his victory
10 minutes -
Potential appointees must embrace hard work or remain private – Mahama
14 minutes -
Mahama pledges to prioritise cedi stabilisation
15 minutes -
Election 2024: Prof. H Kwasi Prempeh celebrates Mussa Dankwa and Kwaku Antwi-Boasiako
31 minutes -
Ghana Chamber of Mines congratulates Mahama
49 minutes -
Akufo-Addo performed well in handling the economy – Ahiagbah
57 minutes -
Appointments post-December 7 to face review – Suhuyini cautions
60 minutes -
Ashanti NPP to probe abysmal performance in December elections – Chairman Wontumi
1 hour -
I retained my seat because of my track record – Nkoranza South MP-elect
1 hour -
GRA denies engaging in vehicle auction
1 hour -
Parliament to sit at the Grand Arena on December 16
1 hour -
Ghana remains real shining star of Africa -Commonwealth Observer Group
2 hours -
Agordzo must apologise to Dampare for his hateful, partisan attacks – Retired Police officer
2 hours