Audio By Carbonatix
Questions are being raised about government’s handling of the transaction between the EO Energy Group and the international oil firm, Tullow.
The Integrated Social Development Centre (ISODEC) says the Mills administration has compromised itself in its handling of the deal.
This follows government’s decision to allow Tullow Oil to take over EO shares in the Jubilee oilfields even though government is contesting the EO Group’s shares in the oilfield.
Addressing a news conference in Accra on Friday, the Media Co-ordinator of ISODEC, Dr. Steve Manteaw said government had backed down from its earlier position because some officials might have been paid off.
According to Dr. Manteaw, “it is becoming clear that government’s sudden change of mind on the prosecution of EO Group has everything to do with political shielding which runs contrary to the spirit of transparency and angelic honesty which have become the mantra of the Mills government.”
He was at a loss as to why government will want to discontinue its legal action against the Jubilee partner when the accusations against the company involves a potential loss of billions of dollars to the state, asking “what reasons influenced the government to resort to the alleged reparation rather than pursuing justice?”
Speaking to Joy News’ Sammy Darko after the press conference, Dr. Manteaw insisted that “we are suspecting that there is an elite consensus to shortchange Ghanaians in the sense that the government has gotten into a kind of a deal with EO Group for EO Group to pay reparations in exchange for the government dropping all charges against them.”
He said if government claims that the shares of EO Group were fraudulently acquired and yet the company is granted the right to sell them, it means government has recognized their right of ownership; a decision which renders any legal action baseless.
Dr. Manteaw said there is no reason why government should drop the charges and that “we’ve sighted some documents which say that in exchange for the payment of reparations, the EO Group will be indemnified,” stressing that they stand by the allegations.
Source: Joy News/Myjoyonline.com/Ghana
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
-
A-G owes it a duty to the State even if we don’t trust him – Dr Bomfeh on AKSA bribery probe
14 minutes -
A Plus dismisses claims poor English explains his limited role in Parliament
22 minutes -
Unauthorised drone flights banned at Manhyia Palace
53 minutes -
Aksa bribery scandal: Ghana’s probe must be pursued with speed – Dafeamekpor
1 hour -
Samson’s Take: When religion threatens peace, sanity must prevail
2 hours -
Friendship: Why time matters less than continuity
2 hours -
Africa’s AI moment: They say data is the new gold. But who is drilling it?
2 hours -
Ghana delivers strong performance in retail market in half-year; value up 15.6% – Maverick Research
2 hours -
The world’s oldest president left for a ‘brief stay’ in Europe. He hasn’t returned in two months
2 hours -
Parliamentary committee commends GIPA’s investment drive, backs key reforms
2 hours -
Livestream: Newsfile discusses AKSA energy deal, legal vacation and GoldBod losses
3 hours -
Jason Arday: 10 things you may not know about British-born Ghanaian former Cambridge professor found dead at 41
5 hours -
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
5 hours -
Government to add constitutional referendum to 2027 District Assembly elections
6 hours -
Ambassador Nancy Sam meets South Africa’s Thanda to strengthen Africa tourism collaboration
6 hours