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Managing Editor of the Insight newspaper, Kwesi Pratt Jnr., has proposed three ways by which government can effectively deal with the controversial Power Distribution Service (PDS) saga.

Speaking on Peace FM morning show 'Kokrokoo' he said there will be the need to "set up a non-partisan committee to look into what actually went wrong" as far as the deal is concerned. According to him, this committee will also recommend ways for subsequent governments to learn from.

Watch video below to listen to the rest of Kwesi Pratt's solution to the PDS saga which the opposition National Democratic Congress (NDC) has described as 'embarassing'



Background

PDS was in July this year, found to have presented invalid insurance security for the takeover of ECG assets. Following months of investigations, the government in a letter signed by the Finance Minister, Ken Ofori Atta, announced plans to terminate the deal, adding that a restrictive tender process will be used in selecting a new concessionaire by December 31, 2019.

The letter dated 18 October 2019 indicated that “following consultations with Government, we wish to emphasize that Government remains strongly committed to the Compact and to private sector participation in the Electricity Company of Ghana.

“We also wish to reiterate the position communicated to the CEO of the MCC by the President of Ghana during their meeting on the sidelines of the United Nations General Assembly in New York on September 23rd to the effect that, the current concession had to be terminated in view of the facts uncovered regarding the failure by PDS to satisfy conditions precedent under the relevant transaction documents AND, however, that every effort would be employed to ensure a suitable replacement within the relevant timelines in order to complete the Compact.