The Power Distribution Services has said it acted in good faith in its dealings with the government of Ghana.
This follows a suspension of its contract by the government following the detection of what the government says, are some suspected fraudulent acts on the company’s part.
But in response to the government, PDS stated on Tuesday that “…it has always acted and will continue to act in good faith at all times.”
“PDS will go through due process by complying with the terms of the Transaction Agreements executed between it and Electricity Company of Ghana on one hand and Government of Ghana through Ministry of Finance on the other hand.”
Read the full statement below:
PDS RESPONSE TO SUSPENSION
PDS has taken note of the Statement issued by Government through the Ministry of information (Mol) on behalf of the Ministry of Finance (MoF) acting for and on behalf of Government of Ghana (GoG) and the Electricity Company of Ghana (ECG).
PDS wishes to state for the record that it has always acted and will continue to act in good faith at all times.
PDS will go through due process by complying with the terms of the Transaction Agreements executed between it and ECG on one hand and GoG through MoF on the other hand.
PDS also wishes to assure the Ghanaian public that it will not rush to put out any information until it has been sufficiently substantiated, in the interest of safeguarding the transaction and the image of Ghana. END
Chief Executive Officer PDS