John Jinapor, a former Deputy Power Minister, has also called for negotiations around Power Distribution Services (PDS) concession to end.
Speaking on Eyewitness News, Mr. Jinapor said the whole agreement needed to be cancelled if the government indeed suspected fraud.
“If its fraud, cancel the whole agreement. There can be no negotiation so the issue of engaging the local partner or not engaging the local partner does not arise at all.”
On Tuesday, July 30, 2019, the government announced the suspension of the concession agreement and explained that the decision followed the “detection of fundamental and material breaches” on the part of PDS.
Mr. Jinapor was speaking after the National Democratic Congress (NDC) held a press conference to announce it had discovered plans to cede 30 percent shares in PDS to a new company called Meridian Power Ventures Limited in Hong Kong.
PDS is a consortium between Manila Electric (Meralco) of The Philippines, 30 percent, Aenergia SA (Angola), 19 percent; Santa Baron Ventures Ghana, 13 percent, TG Energy Solution Ghana, 18 percent, GTS Engineering Ghana Limited, 10 perent, and TBK Ghana Limited, 10 percent.
Mr. Jinapor said the Minister of Energy had travelled to the Philipines, met Meralco and agreed that the local partners should be ousted “and that they eventually will find a way of keeping Meralco and Aenergia in the deal.”
“Our Minister of Energy who accused PDS of fraudulent activities led a huge delegation last week to Manila ostensibly to negotiate with Meralco and eventually take out the local partners and then appropriate their shareholding.”
The NDC made reference to a letter it had sighted allegedly written by Meridian Power Ventures to the Chairperson of the Millennium Development Authority (MiDA), Professor Yaa Ntiamoah Baidoo for a special board meeting.
Mr. Jinapor insisted the letter was authentic and endorsed by signatures from key persons of interest.
“We have the signature of those people who signed this letter in other correspondences and so we know what we are doing. We have done all-our checks. We’ve done all the necessary fact-checking,” Jinapor stated.
Source: citinewsroom.com
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This PDS DEAL IS TURNING THE MASTER CORRUPTIONISTS AS THE COMPANIES WERE EXPECTED TO PROVIDE 100 MILLION EVERY YEAR FOR FIVE YEARS AS CONDITION PRECEDENT BUT VICE PRESIDENT BAWULIAR CHANGED IT TO BE CONDITION AFTER. THEY BROUGHT A FAKE INSURANCE CERTIFICATE. THIS 23 BILLION ECG YOU ARE GIVING IT COMPANIES WITH PEANUTS. WHAT SORT OF GOVERNMENT IS DOING THIS IN THIS 21ST CENTURY.
What is this obsession for this PDS deal? Don’t you have anything to do and talk about You keep changing goal post here and there what is that
PDS IS AN NPP BRAIN CHILD MADE UP OF FAMILY MEMBERS, FRIENDS AND NEIGHBORS. THEY WANT TO SHORT CHANGE ASSETS OF ECG FOR THEIR CRONIES. NPP THE MOST CORUPT GOVERNMENT SO FAR. THEY SAID THEY WOULD PROTECT THE PUBLIC PURSE BUT THEY LIED THEIR WAY TO POWER TO LOOT THE PURSE. NOW LOOK AT THIS, GFA SCANDAL, CLEARED. MARITIME CLEARED, BOST CLEARED, AMERIND CLEARED, FLAGSTAFF HOUSE CLEARED,FINANCE MINISTER CLEARED. THESE ARE JUST A FEW. 2020 WE GO SHOW NANA