Audio By Carbonatix
The opposition National Democratic Congress’ (NDC) spokesperson on Foreign Affairs in Parliament has cast doom on Ghana’s international image.
This follows the government’s cancellation of the controversial Power Distribution Services (PDS) concession agreement.
Samuel Okudzeto Ablakwa said it “will require a long and hard effort to repair” the country’s reputation after the fiasco with the PDS.
His observation follows government’s suspension and subsequent termination of the agreement with PDS, which required the private company to manage the distribution of power in Ghana.
File Photo: Okudzeto Ablakwa in Parliament
The concession agreement is part of a deal (Compact II Program) with the US that would see Ghana benefit from some $500million for allowing private sector partnership in the energy sector to boost efficiency.
But according to the government, PDS’ demand guarantee cannot be verified.
Al-Koot, the Qatari company which supposedly issued the said demand guarantee denies doing so; raising concerns of fraud.
Government has now terminated the concession agreement altogether in the hopes of finding a new concessionaire “within the limited time” before the so-called Compact II Program expires.
The US partners in the Compact II Program, Millennium Challenge Corporation (MCC) and the Millennium Development Authority (MiDA) haven’t spoken since the termination of the PDS deal.
Mr. Ablakwa who is MP for North Tongu says as we wait for their official response, “we must resolve to fix our broken system of governance and recognize that we cannot command the respect we expect from the comity of nations if we cannot acquit ourselves with integrity when they extend a helping hand.”
“Really sad that the year of return has fast become the year of corruption,” the legislator said.
Why is the Minority blaming the government?
The opposition has accused government of covert dealings with PDS.
Former Deputy Minister of Power, John Jinapor told JoyNews some of the conditions precedent that PDS needed to fulfil were waived to favour PDS.
The National Democratic Congress also alleges that the government is playing delay tactics for “cronies of the President to profit from this clearly corrupt arrangement.”
The party believes the government wants to field its cronies as a replacement for PDS.
The government denies the allegations.
Latest Stories
-
2027 Elections: We need leader who can die for Nigeria – Omotola
23 minutes -
How my children faced death threats during EndSARS – Omotola Jalade
33 minutes -
Egypt plans $1bn Red Sea marina, hotel development
44 minutes -
Appreciation of cedi gave business community some gains – GUTA president
54 minutes -
Pass it on – GUTA boss demands traders share cedi gains with consumers
1 hour -
Prices have come down across board – GUTA president pushes back at public doubts
2 hours -
Trump threatens to block opening of US-Canada bridge
2 hours -
It’s deliberate – GUTA president blasts traders who won’t cut prices
2 hours -
Don’t be greedy in a competitive market – GUTA president warns traders
3 hours -
Mali creates state-owned company to manage mining holdings
3 hours -
Instagram and YouTube owners built ‘addiction machines’, trial hears
5 hours -
Living with Hypertension and Diabetes: Mary Kessewaa’s daily fight for health
5 hours -
Serena Williams can return from 22 February – but will she?
5 hours -
Romero ‘a leader but needs to learn’ – Frank
6 hours -
Al Nassr expect Ronaldo to end strike and play on Saturday
6 hours
