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General News of Saturday, August 3, 2019
Source: yen.com.gh
2019-08-03
Kwame Asare Obeng, better known as A Plus
Kwame Asare Obeng revealed that he knew the mechanisms of the alleged Power Distribution Services (PDS) fraudulent agreement.
YEN.com.gh glimpsed in a message by an anti-corruption activist that the people involved in this fraudulent deal were New Patriotic Party (NPP) activists
He described them as more greedy than similar figures in the National Democratic Congress (NDC).
"I know all who are behind the PDS. That's the fact. When you had interviews with Ghanaian businessmen, you later reversed the agreement and I gave them information every day. I know all the companies and who is behind. They are more greedy than NDC !!! He writes on his Facebook page.
In the meantime, documents secured by Joy News reveal that Power Distribution Services (PDS) has paid the required premium of $ 12.2 million to ensure the smooth takeover of the power company's electricity company. Ghana (ECG).
The documents however revealed that the money has never been paid to the reinsurers of the transaction in Qatar.
In a letter dated February 21, 2019, Cal Bank wrote to the Millennium Development Authority (MiDA) to warn of the receipt of an amount of $ 8 million as a down payment for the payment of fees related to the issue of demand guarantees.
In May, the last payment of $ 4.25 million was also paid into the PDS account at Cal Bank.
According to an article in Joy News, once Cal Bank received the PDS payment, she worked with Donewell Insurance to finance the transaction.
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