A value-for-money verification saga of $ 2 billion … A Minister of Information on Minority Schools Reports | Economy

Minister of Information, the Hon. Kojo Oppong Nkrumah described as false statements by the National Democratic Congress (NDC) that there was no report verifying the profitability of the $ 2 billion bauxite infrastructure project between the Government of Ghana and Sinohydro.

On the contrary, he says, there is a value-for-money audit and his subsequent report has endorsed the project.

The Minister of Information made this clear in an interview with the Citi Breakfastt Show on Wednesday, April 10, 2019.

The minority in Parliament said earlier this week that Ghanaians could be replaced if the government proceeds with the Sinohydro project, worth $ 2 billion, without a financial badessment of profitability.

The NDC deputy of the Adaklu constituency in the Volta region and Hon Kwame Agbodza, a member of the parliamentary committee of the Committee on Roads and Transport, who led the prosecution, criticized the fact that There was also no written legal opinion from the Attorney General and the Ministry of Justice covering the project. .

"And these two documents are not required by the minority but by the law", Stressed Kwame Agbodza.

The Sinhydro project is expected to be inaugurated on Wednesday as the Akufo-Addo government unveils its signature infrastructure plan – at China's expense.

Over the next three years, Ghana must have a functioning bauxite processing plant used to process raw materials as payment for the red dragon investment.

In response to this, Hon Opoong-Nkrumah replied that it was "NDC's usual style of putting lies against every useful policy of the government", describing the opposition party as"enemies of progress".

The report states that "By letter MRH / PD264 / 323/01 of 17 December 2018, the Ministry of Roads and Highways (HRM) requested a resource optimization badysis for the construction / rehabilitation of selected roads and exchanges in Ghana. – Phase 1: Lot 1 (Accra downtown roads). "

As a result, on January 8, 2019, the HRM submitted to the Ghana Geometers Institution (GhIS) documents relating to a proposed contract between: Ministry of Roads and Highways (HRM, "the employer") from Ghana represented by the Urban Roads Department (DUR) and MM. Sinohydro Corporation Limited (SHCL) of China ("the contractor")
("The parties") and asked GhIS to undertake a value for money.

The report concludesWith respect to their informational content, the employer's requirements and the contractor's proposal largely conform to the GhIS guidelines for international best practices. The documents are unambiguous and detailed and the requirements of the employer have the overall consistency and logical flow".

This indicates that the "The CND's claim that there is no value-for-money audit report is false and should be dismissed", Hon Oppong-Nkrumah said.

Attached is a copy of the value-for-money audit report.