Audio By Carbonatix
And God said: Be bold and courageous; Have I not commanded you?
Fellow Ghanaians, this issue must be addressed, and we must stand up and speak to it. Truly, the magnitude of the Ghana National Procurement Corporation (GNPC)/AKER Energy horrifying sham deal is definitely infinitely so very abysmal.
For the avoidance of any doubt, the real value of GNPC's 37% stake is approx $155m, based on Aker ASA/Aker Energy Ghana's total declared 50% value of approx $210m (revised, not $230m )
Why has Parliament approved $1.2 bn for GNPC's 37% stake? So it is inflated by a staggering $1.045bn for which Ghana is to provide a sovereign loan?
Tofiakwa! this is incredulous! How is this "gargantuan" rip off remotely conceivable? Even $200m is too much, so why has over $1 billion been tagged on? It is an unacceptable unadulterated plain thievery.
Why is the 37% stake worth $155m being purchased for $1.2 bn? This is a spooky, windfall, and fortuitous resale after three years to offload their now perceived baggage, to a 13% stake, under the pretext of GNPC co-exploration as a majority shareholder, which Aker Energy is to lead. Is this deal and valuation not simply criminal?
How can any democratic government stoop so low as to do this outrageously stinky, fraudulent deal and have the shameless audacity to call insightful CSO's not in favour of this heist, anti-national interest, in reverse oil curse? No wonder the Energy Minister, Dr Mathew Prempeh, slapped a gag order on the Petroleum Commission.
Akufo-Addo/NPP's hypocritical government that cries foul over NDC-inflated projects, doing a surpassing corruption deal, from its miserable conception, which has an additional $350m in exploration costs.
The 37% stake dumping for a trumped-up premium is not in spite of but because of flight to renewables, falling fuel prices and perceived geopolitical instability and unprofitability.
The deal
Is undemocratic
It is unethical.
It defies logic.
It is a corrupt deal.
It constitutes an abuse of power
It has to be stopped
The Parliamentary Assent is also premised on deliberate lies and falsehood; therefore, it is Void. Accordingly, the Aker deal must simply be stopped.
Economic and Organised Crime Office (ECCO), with its newly 'fortified' 77-years-old, Stephen Dapaa-Addo, retired presidential appointee, come to the rescue?
Ghana is in a corruption crisis. Is the new Special Prosecutor Kissi Agyebeng going to interject a corruption risk - assessment after the President's intervention on the Agyapa deal Report, which the Aker deal is replacing caused "SP" Amidu's resignation? What next? Hither Ghana with a "mother serpent of corruption" overload, rhymes with overlord?
I am utterly confounded and sleepless. Yes, overwhelmed and rendered speechless.
May God Almighty have mercy on a pitiful Ghana with minerals and energy resource pathos! This GNPC /Akers deal is simply outrageous.
****
The writer can be contacted via busiafordemocracy@yahoo.com.
Latest Stories
-
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
2 minutes -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
21 minutes -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
21 minutes -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
24 minutes -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
28 minutes -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
50 minutes -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
1 hour -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
1 hour -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
1 hour -
Nigeria convicts 386 Islamist militants in mass trials
1 hour -
Djibouti president wins election with 97.8% of vote, state media saysÂ
1 hour -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
2 hours -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
2 hours -
Christina Koch becomes first woman to travel around the moon on Artemis II
2 hours -
Epstein survivors’ calls to meet King Charles and Queen harder to ignore as US visit approaches
2 hours