Audio By Carbonatix
Former Railways Development Minister, Joe Ghartey says Monday’s meeting with officials of the National Investigation Bureau (NIB) investigating the Sky Train Project laid to rest any doubts that the Railways Development Ministry did not follow due process.
Speaking to pressmen after the meeting with NIB officials, Mr Ghartey said that the Sky Train Project was modeled as a Build, Operate Transfer (BOT) transaction and thus, no payments were made by the Railways Development Ministry on his watch, as evidenced by the Auditor-General’s report, 2021.
The former Railways Development Minister intimated that his ministry took all the needful steps to ensure that it bore no liability (risk and cost) for feasibility studies conducted on the project.
Responding to questions about the invitation by the NIB, Mr Ghartey said he had incorporated several clauses in the Agreements covering the Project to absolve his ministry of any financial obligations whatsoever.
Mr Ghartey further stated that he had no reservations about cooperating with the NIB officials on Monday as the Sky Train transaction was above board.
Earlier, the former GIIF Board Chairman, Prof. Ameyaw Akumfi had also been invited to provide information on the transaction.
Latest Stories
-
We’re staying our hands – Dafeamekpor warns OSP must deliver or face questions
1 hour -
We didn’t buy bulletproof cars for you to underperform – Dafeamekpor to OSP
2 hours -
Lagos govt hails Fela’s posthumous Grammy honour
2 hours -
What my wife told me after I lost Grammy – Davido
2 hours -
Davido breaks silence after Grammy Award loss
2 hours -
Why I won’t dance to promote my movie – Omotola
3 hours -
Mateta faces uncertain future for club and country
5 hours -
‘Grumpy’ Guardiola jokes about Man City spending
6 hours -
‘It hurts me’ – Guardiola vows to speak up on conflicts
6 hours -
Yamal and Rashford shine as Barca reach Copa del Rey semis
6 hours -
Trump signs bill to end shutdown but another budget cliff looms over ICE funding
6 hours -
Disney names Josh D’Amaro as new chief executive
6 hours -
PepsiCo to cut some US snack prices after backlash
6 hours -
Walmart becomes first retailer to hit $1tn market value
7 hours -
‘Sherri’ daytime talk show canceled after four seasons
7 hours
