Following the take-over of the Electricity Company of Ghana (ECG) in March 2019 by the Power Distribution Services Ghana Ltd (PDS), based on a July 3rd 2018 Lease and Assignment Agreement (LAA) and Bulk Supply Agreement (BSA) between the two entities as part of the Private Sector Participation (PSP) in ECG under the Ghana Power Compact of the Millennium Challenge Account (MCA), it is the contention of the Institute for Energy Security (IES) that but for the timely intervention of the United States Government and the Millennium Development Authority (MiDA), a full-blown ‘fraud’ would have been perpetrated on the Ghanaian people.