PDS fiasco: 'create, loot and share agenda gone bad' – Gyamfi

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Fri, 2 Aug 2019 Source: classfmonline.com

The National Communications Officer of the opposition National Democratic Congress (NDC), Sammy Gyamfi, has accused the government of deliberately engaging in activities to shortchange Ghanaians in relation to the national power supply takeover by the Power Distribution Services (PDS) Limited from the Electricity Company of Ghana (ECG).

The government of Ghana recently suspended its concession agreement with PDS.

The decision was communicated via a press release by Information Minister Kojo Oppong Nkrumah on Tuesday, 30 July 2019.

The statement said the action to put the agreement on hold was necessitated by “the detection of fundamental and material breaches of PDS’ obligation in the provision of Payment Securities (Demand Guarantees) for the transaction which have been discovered upon further due diligence”.

The government said a full probe has been initiated into the agreement and steps have been taken to ensure that “distribution, billing and payment services continue uninterrupted”.

However, in a post on his Facebook wall, Mr Gyamfi said: “This whole PDS scandal is a product of the nepotistic state-capture agenda of President Akufo-Addo. It’s a create, loot and share agenda gone bad. The biggest scam ever to be perpetrated on the Ghanaian people”.

He said the government “knew all this while that the guarantee was fake but kept mute because they were the sponsors and architects of the whole deal”.

He pointed out that the Ghanaian partners (which were hurriedly incorporated after Meralco had won the bid, and who had no capacity or track record in the energy sector) were just fronting for their powerful political elite.

Below is the full post

Source: classfmonline.com
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