Audio By Carbonatix
The Office of the President has stated that there has not been any underhand dealing in the sale of Ghana Telecom (GT) to the strategic investor, Vodafone, and that the Government has been very open and transparent.
“The Government has never and will never short-change Ghanaians," Mr Andrew Awuni, Press Secretary to the President, told a Castle press briefing on Monday.
He defended the GT/Vodafone deal as the best for the viability, security and the future of Ghana Telecom and it’s over 4000 employees and their families.
He noted the decline in both the net value and enterprise value of GT over the years, and said the Company needed to be saved and that people should not pretend that all was well with the company.
Mr Awuni took a swipe at the reported threat by the leader of the minority National Democratic Congress (NDC), Professor John Evans Atta Mills, to reverse the sale if elected to power and make those found “culpable of short-changing Ghanaians face the full rigours of the law.”
He said what was ironic was that this same person as then Vice President and leader of the Economic Management Team of the NDC Government, sold out hundreds of State Owned Enterprises including the Ghana Telecom under bizarre circumstances.
The Press Secretary continued; “Indeed if the NPP Government had not bought out Telecom Malaysia at their behest in 2002, there would not be a Ghana Telecom to privatize today.”
Mr Awuni was emphatic that the Government had followed all the laid down procedures for divestiture and violated none.
Source: GNA
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
-
Two feared swept away after River Agyei overflows Kasoa–Domeabra road
2 minutes -
Tony Elumelu appointed chairman of Seplat Energy
15 minutes -
Education Minister raises alarm over indiscipline in SHSs, announces national reform conference
17 minutes -
Lom Ahlijah advocates tech-based monitoring in schools after assault case
21 minutes -
UTAG threatens nationwide strike over delay in book and research allowance rate
29 minutes -
Boundary Commission urges border residents to protect boundary pillars and support national security
32 minutes -
Ghana to grow at 5.0% GDP in 2026, but faces huge investment financing gap – AfDB
33 minutes -
Deputy AG, 14 CSOs appear at Supreme Court for hearing on challenge to OSP’s prosecutorial powers
38 minutes -
Minority MPs meet Ghana High Commissioner to Canada to discuss diaspora welfare and bilateral relations
47 minutes -
GNAT threatens WASSCE boycott over detained Nyinahin SHS teacher
54 minutes -
Free SHS: Education Minister hails end of school food shortages
59 minutes -
NLA Director-General calls for a concerted effort in fight against illegal gambling
60 minutes -
74% of returned Ghanaians had overstayed visas – South Africa’s Int’l Relations Minister
1 hour -
Ghana’s National Vaccine Institute joins WHO-backed Global Clinical Trials Forum
1 hour -
World Bank set to approve US$300m for expansion of Ghana’s school infrastructure
1 hour