Audio By Carbonatix
North Tongu MP Samuel Okudzeto Ablakwa has declared his intention to initiate proceedings to summon the Finance and Energy Ministers, as well as the Attorney General, before Parliament.
The summon is over the disbursement of GH¢230 million to settle a judgment debt owed to Trafigura.
Trafigura, the majority owner of the power company Ghana Power Generation Company (GPGC), secured the award in January 2021 after an arbitral tribunal in London ruled that Ghana had unlawfully terminated a contract for the installation and operation of two power plants.
The government was mandated to pay $170 million to the company or face the risk of losing its property through auctioning.
In response, the government has released $20 million to kickstart the payment process.
In an interview with Citi News, the North Tongu legislator emphasised the need for the sector ministers to provide answers.
“Our oversight role in terms of summoning these ministers and finding out why they created this, and seeing if there can even be a vote of censure, failed the last time we tried that because we did not have the two-thirds majority.”
“But we will not give up, and we have already served notice that we are going to pursue this matter because this is such a colossal amount of money wasted, and people must answer questions.
"You can’t waste all of these resources which could have been used to build roads, and hospitals, solve our water problems, and address our housing challenges for displaced persons. So, I can assure you that we are not going to be derelict on this matter.”
Latest Stories
-
Academic City and partners issue white paper for stronger digital accountability as Ghana loses GH¢19.3m to cybercrime
15 minutes -
Blank passports, visa stickers found in office of Ghana Embassy IT officer accused of concealing digital records
17 minutes -
Africa’s youth are looking for jobs: The food system may hold the answer
24 minutes -
Fidelity Bank advocates stronger systems to unlock Ghana’s trade and enterprise potential
29 minutes -
COCOBOD CEO dismisses claims over new Cocoa Bill, says reforms will protect farms and improve sector
35 minutes -
Absa, Impact Food Hub empower agribusiness entrepreneurs for growth
41 minutes -
Access Bank Ghana secures certification as a Carbon Credit Broker
49 minutes -
Accra Mall ignites cultural heat this weekend with vibrant live music celebration
55 minutes -
Africa keeps rebuilding its food security every time a shipping lane closes
60 minutes -
Keta-Axim water transport route moves a step closer as government commissions feasibility study
1 hour -
Construction of Bolgatanga Airport to begin by end of 2026 – Mahama
1 hour -
Onion traders hail Trade Minister’s intervention as Ghana-Nigeria trade dispute eases
1 hour -
COCOBOD threatens to withdraw LBC licences over cocoa purchases on credit
1 hour -
Western Region needs stronger investment coordination to unlock economic potential — Joseph Nelson
1 hour -
Mahama donates hearse to Gonjaland Youth Association to support dignified burials
1 hour