Audio By Carbonatix
Government has no immediate plans to abrogate the controversial $1.5 billion STX housing project.
This is according to the Works and Housing Minister, Alban Babgin in an interview with Joy News’ Araba Coomson.
The project has been fraught with many controversies with the recent being the boardroom squabble between the Ghanaian partners and their Korean counterparts.
The Koreans early last week claimed to have fired the CEO of the STX Construction Limited, B.K. Asamoah only for him to issue a counter statement a day later that he is still at post and that the Koreans have been shown the exit because they failed to honour their part of the agreement.
He stated he has now contacted an American company which is ready to provide the expertise needed for the execution of the project.
In the midst of the wrangling the New Patriotic Party which has all along objected to the project demanded that government abrogates the agreement.
Head of Communications of the party, Nana Akomea told Joy News the project has now become an embarrassing albatross on the neck of government and must be abrogated.
But the government maintains all is not lost.
Works and Housing Minister Alban Bagbin said government will not allow a petty boardroom squabble to derail its effort at providing houses for security personnel.
He said government is now mediating between the two feuding factions to find an amicable solution.
Bagbin does not see the agreement returning to Parliament.
He said government entered into an agreement with the Ghanaian company and not the Koreans, insisting, if in the unlikely event that the two partners – Ghanaians and the Koreans - are not able to build bridges, the Ghanaians are free to secure funding from another source for the execution of the project.
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.
Tags:
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.
Latest Stories
-
3,000 streetlights deployed to light up Accra streets—Linda Ocloo
11 minutes -
KNUST scientists find dangerous drug-resistant TB strain in Ghana
19 minutes -
Flood prevention is a shared responsibility—Linda Ocloo
30 minutes -
“You are not alone”—Mental Health Authority pledges support for Ghanaian returnees
32 minutes -
Natural resources and huge populations do not transform nations- Alex Dadey
32 minutes -
Cambodia orders Ghanaians, other African nationals to leave country by May 31 or face arrest
41 minutes -
Phomi joins The Build Project as Official Wall Cladding Partner
43 minutes -
Two arrested over boy’s kidnapping in Nanumba South
49 minutes -
Linda Ocloo warns Greater Accra on high flood alert and announces emergency measures
1 hour -
CEO Summit: BoG Governor assures of monetary stability to drive industrial growth
1 hour -
Anticipation builds ahead of 2026 Hitz FM ‘Rep Ur Jersey’
1 hour -
CEO Summit: Deloitte Ghana urges government to turn policies into real jobs
1 hour -
Photos: First batch of Ghanaians fleeing xenophobic attacks in South Africa arrive in Ghana
2 hours -
Xenophobic attacks: Over 400 Ghanaians expected back home this weekend – Benjamin Quashie
2 hours -
CEO Summit: Togbe Afede calls for bold leadership to sustain Ghana’s economic recovery
2 hours