Immediate termination of the PDS concession contract – minority



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General News of Thursday, August 1, 2019

Source: www.ghanaweb.com

2019-08-01

John Jinapor NewJohn Jinapor, former Deputy Minister of Electricity

The parliamentary minority is calling for the immediate termination of the PDS concession agreement, described as fraudulent.

According to them, Finance Minister Ken Ofori-Atta and Energy Minister Peter Amewu knew the guarantee was fraudulent from the start, but they agreed.

Speaking to reporters Thursday, former deputy energy minister John Jinapor said the president was to be held "responsible for this embarrbading spectacle".

"The finance and energy ministers knew the guarantee was wrong, but they decided not to follow up on the anomaly for reasons better known to them," he added. .

The minority therefore demands the immediate termination of the contract.

"In order to ensure an efficient and sustainable supply of energy, we insist that the government terminate the concession contract with immediate effect"

The government of Ghana announced Tuesday, July 30 at the end of the day, the repeal of the contract with Power Distribution Services just six months after the replacement of the electricity company of Ghana.

In a statement signed by the Minister of Information, Kojo Oppong Nkrumah, she revealed that "the decision follows the discovery of fundamental and substantive breaches of the PDS obligation in the provision of Payment guarantees (on-demand guarantees) for the transaction that were discovered during a thorough audit The on-demand guarantees were essential prerequisites for the lease of badets as of March 1, 2019 in order to secure badets transferred to the dealer.

He also said that steps were being taken to uncover the details of the case while the government was conducting a thorough investigation into the matter.

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