Prosecute corrupt NDC officials - Maurice Ampaw

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Kofi Adjei 8 years ago

First sensible statement by Maurice Ampaw. Hope you continue to stay sane.

First sensible statement by Maurice Ampaw. Hope you continue to stay sane.
Isaidit 8 years ago

What is the point in investigating criminal looting and corrupted state contracts if nothing is going to be done about it.We are firmly behind the justice department to act.

What is the point in investigating criminal looting and corrupted state contracts if nothing is going to be done about it.We are firmly behind the justice department to act.
PRINCE KWASI ADADE (OFIE P33) 8 years ago

AUTHOR: STEPHEN DONKOR -------- Hei, NATIONAL DEMOCRATIC CONCERT(NDC) should be ready to stay in opposition for eternity. Considering the prudent economic foundation the NPP has started to put in place by reducing taxes, tack ...
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AUTHOR: STEPHEN DONKOR -------- Hei, NATIONAL DEMOCRATIC CONCERT(NDC) should be ready to stay in opposition for eternity. Considering the prudent economic foundation the NPP has started to put in place by reducing taxes, tackling the Banks policy rates and the lmplementation of the One District One Factory policy to curb the menace of employment in Ghana. The free High School program the National Health Insurance Scheme and many more programs to ease the suffering and hardship that the criminal Mahama administration unleashed on Ghanaians. Do you think we Ghanaians would be fooled again to throw our bones back to you dogs? Solve the puzzle NDC goons.
Pwalugu River 8 years ago

Waiting for SADA to be investigated and action taken to retrieve the stolen millions from the SADA armed robbers.

Waiting for SADA to be investigated and action taken to retrieve the stolen millions from the SADA armed robbers.
Mike from Ho. 8 years ago

I agree absolutely with the pronouncements by the lawyer. Corruption is killing Ghana and those who engage in it need to be drastically dealt with to serve as a deterrent to the current officials.

I agree absolutely with the pronouncements by the lawyer. Corruption is killing Ghana and those who engage in it need to be drastically dealt with to serve as a deterrent to the current officials.
TIME WILL TELL 8 years ago

VERY SOON YOU WILL SEE THIEF MAHAMA AND HIS CRONIES AND WIVES AT NSAWAM PERIOD

VERY SOON YOU WILL SEE THIEF MAHAMA AND HIS CRONIES AND WIVES AT NSAWAM PERIOD
Lord Garvah 8 years ago

Cheap lawyer who wanted position and wouldn't get.

Cheap lawyer who wanted position and wouldn't get.
Pee uk 8 years ago

U are 100% right.

U are 100% right.
TIME WILL TELL 8 years ago

OFFICIALS PERIOD. NANA ADDO SHOULD CHANGE THE CONSTITUTION TO ALLOW HIM DO THE RIGHT THING YES

OFFICIALS PERIOD. NANA ADDO SHOULD CHANGE THE CONSTITUTION TO ALLOW HIM DO THE RIGHT THING YES
Bbb,Mahama remains a thief. 8 years ago

And corrupt public Service personals.

And corrupt public Service personals.

black power 8 years ago

indian black magic ritualist in ghana for all kinds of spiritual helpo244908520 black magic money
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indian black magic ritualist in ghana for all kinds of spiritual helpo244908520 black magic money
protection
healing
chanting
calling the dead soul
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Tagoe 8 years ago

They will run away.You cant catch them.

They will run away.You cant catch them.
CAR 8 years ago

USELESS MAN LOOKING FOR POSITION IN NPP. ONA BOOO.

USELESS MAN LOOKING FOR POSITION IN NPP. ONA BOOO.
Ghanaba 8 years ago

Take that stupidity to people who don't know any better.Cowards like @car hiding behind computers to spread their tribal hatred are worst than maggots at a public toilet.Take you stupid tribal politics else where.This is a ne ...
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Take that stupidity to people who don't know any better.Cowards like @car hiding behind computers to spread their tribal hatred are worst than maggots at a public toilet.Take you stupid tribal politics else where.This is a new Ghana where you don't need an Ewe or Northerner name to succeed.You just have to be competent like Dr.Bawumia and Alan Kyeremateng.
Keane 8 years ago

Yes please show africa you mean business CORRUPTION IS OVER look at south Korea panama Brazil ....AMERI What a surprise ...after bribing everyone to go on a visit to review the contract ....one minute going to negotiate now n ...
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Yes please show africa you mean business CORRUPTION IS OVER look at south Korea panama Brazil ....AMERI What a surprise ...after bribing everyone to go on a visit to review the contract ....one minute going to negotiate now no negotiate ........they set the company up to SCREW Ghana the world is laughing at Ghana ...how many other multi million dollar contracts have AMERI ACHIEVED...ZERO how many other contracts has that crook His Royal Highness Sheikh Ahmed Bin Dalmook Al Maktoum, received a deal of $150 million commission ZERO ... why did the witness a known crook UMAR FAROOQ ZAHOOR witness contract then they say no no no he is not the crook he is s different man then a few days later he is removed ftom web site and resigned for personal reasons . Full story on Norwegian newspaper Verdens Gang (VG so corrupt bribery greedy NDC just screwed Ghana so CONTRACT is a FRAUD GET them all arrested for loss to state ...if nothing happens then NPP HAS ACCEPTED A BRIBE TO shut up? Now they have paid the committee hotels expenses and flights to investigate ....conflict of interest!!! (More bribes) apart from all the other going on from that EVIL corrupt ex president mahama (agreeing to a power project costing $300million more than any other project in the world EVER $900 million 400mw by executive instrument -industry standard $600m)the contract reads if AMERI do not like the government or whatever they can MAKE the government BUY the project ....so that's $300 million more than ANY other similar projects in the world ...TOTAL CORRUPTION TOTAL DISGRACE..100% within a few years they will attempt that clause as the project does not work $900million at one minute 12 cents then 14.5 cents per pkh for power (400mw at $600million oh dear Ghana ....EVERY ONE INVOLVED IN BRIBE-corruption PAST AND PRESENT WATCH THEM TALK RUBBISH TO CLOSE THE CONVERSATION DOWN

(Ofori Atta wildly removes 50,000 ghost names from Ghana's public payroll and it is good news)(still no arrests still no return of money even if $500 a month over 8 Years with NDC (they admitted in 2016 that they removed 27,000 ) so thats $462 million paid out and stolen by whoever withdrew the funds from those ghost accounts .
And not one mother fucker arrested or or 1 Cecilia recovered ...fucks sake ?!!!!

Source imani-
Friends, do not take the silence of AMERI’s supporters on this platform and in the open media to mean aloofness or nonchalance.
They have been hard at work, especially on WhatsApp and in private briefings, doing all they can to discredit IMANI’s campaign to persuade the public to view the deal as the “greatest swindle of the Ghanaian state in at least two decades”.
Since our responses have been fragmented across different posts, discussion threads, and ripostes across multiple platforms, we have been advised to assemble them all in one place in order to vindicate our campaign. We now have the pleasure and duty to proceed to do so.
Let us take just the main arguments that are being canvassed by pro-AMERI activists.
They have said that IMANI’s analysis of the financial terms of the deal is shallow because it assumes that such a deal can only be assessed in one way, when in fact different methods can show that it is a very fair deal.
IMANI is underestimating the cost of installing the turbines and exaggerating the profits made by the middle-men (brokers) because it does not understand IRR, NPV, and Discount Rate analysis, they insist.
How do we plead to this charge? Firstly, no one, at least, disputes the cost of the TM2500+ mobile aeroderivative gas turbines that were bought (in actual fact, the TM2500+ is the composite ‘power plant in the box’; the turbine itself in that box is the LM2500 aeroderivative engine).
And that is because no one can. Right there in Annex A to the agreement, its supplier and specifications are fully provided. The machine was acquired from APR, a recommended supplier of GE, by the brokers. APR openly lists the price of these machines. There is thus no dispute that the machines together cost $220 Million, and most likely less if bought in bulk.
As to why Ghana had to go to AMERI for AMERI to go to METKA for METKA to go to APR in order to acquire GE equipment, let’s leave that aside for now. Anybody with the most basic training knows that if something costs $22 million each and you want to acquire ten of them you would normally be entitled to a discount.
You can prove the point by walking to Kingdom Stationery and ordering 10 workstations at a go. I assure you a 15% discount off the catalogue price would be yours, but let’s even assume that the original procurers were obtuse enough to pay $220 million.
(Indeed in the World Energy Outlook database, per MW capital cost for gas turbine power is $500,000, so the $900,000 implied by the catalog price is precisely what you expect to see at catalogue price level, but let’s not over-flog the point.)
The $220 million is the engineering cost. Everyone knows that even if a machine, such as this one, has been designed as turnkey (literally, buy today, turn the key, and voila it starts working) one still need specialists to install, test and then commission it.
One also needs to plug it into whatever network is supposed to receive the output the machine generates. Also if somebody buys something on your behalf they deserve to be paid what in Ghana is called T&T.
Note however that in this case, unlike the case in a normal power plant, all that was needed was to integrate the turbines with the national grid equipment.
In fact, GE offers to install the machines for you in eleven days or even three days if as a user you don’t need a test run! You don’t have to have more than a JHS education to understand that what we are talking about here is not the building of Akosombo dam and township.
It is literally assembling a bunch of gizmos for cooling, firing up, and transmission of the generated power into the national grid.
As far as the transformers, civil works, utilities and sewers/tubing/tunnelling are concerned, Government of Ghana was responsible for bearing that cost. Supposing you bought a generator plant for installing in your factory for $22,000.
How much will you pay to install it? In Ghana’s case, continuing this analogy, we paid $14,000 because somehow we felt that even that part of the project should be handled by someone else and be billed as additional. But that is not even the main quarrel here.
Many anti-AMERI activists are not even taking the deal makers to task for paying $140 million on top of the $220 million to install a plant that from our analysis of several deals involving a EPC contractor cost of procurement, installation and commissioning almost never cross 10% of the total cost.
We are tearing our hair out because the government then went ahead and paid AN ADDITIONAL $150 million on top of things, citing something called ‘NPV analysis’ and ‘Balance of Plant’.
Yet, all one has to do is take a look at Annex E of the agreement and it is clear that the main core of this ‘balance’ that needs to be added to the turbines for the system to be complete and operational comprises merely of the exhaust module, the air intake nozzles and the data logging platform in the control room, all of these being assembly units clearly stated as standard and pre-packaged with the turbines!
All that is required, external to the weatherproof package and its trailer mounts, and in lieu of a complex structure, is the piping for coolant and fuel filtration and transmission.
So the “balance of plant” essentially refers to the fuel and coolant (‘demineralised water’) storage and dispensing system/controls that can be acquired for a few hundreds of thousands of dollars; and the earthing and electrical cabling works.
We are not talking here about giant buildings; or treatment systems; fire control was provided; ventilation is integrated, as is instrumentation; and security and fuel logistics handling is minimal because the plant is housed at the existing Takoradi Thermal Power station and shares its facilities.
And at any rate, the government of Ghana was billed separately for civil works, drainage and sewerage etc! So what serious ‘balance of plant’ are we talking about here exactly?
For a project that the manufacturer of the system says can take between 3 and eleven days from start to finish, we decided that for the work done in acquiring the plants and installing them (EPC), we will pay the brokers 65% of the total equipment cost due to our unwillingness to procure our own financing and then hire any EPC contractor for a few hundreds of thousands of dollars to commission the plants.
Anti-AMERI activists are willing to accept this $140 million dollar charge as pure financing costs (since the engineering, procurement, construction and commissioning activities in this project are hardly of serious note).
And had we left things there, the NPV analysis using an 8% discounting rate would have netted a decent aggregate profit of $72 million cool profit for the dealmakers, showing a 32% return in 5 years. Indeed, readers are welcome to take a look at how reasonable this rate of return is in a period of serious constraint in the energy plant financing industry. It is important to bear in mind when reviewing these calculations that cashflow from the investment is assured on a monthly basis; a graduated interest rate structure is required to fully appreciate the fixed cashflow; AMERI sought and secured exemptions from ALL domestic taxes in relation to the project; we are in a period of unprecedented low global interest rates; and there is a standby letter of credit to cover any defaults under every conceivable scenario in the one-sided agreement that was foisted on the Government of Ghana. AMERI enjoyed all of this PLUS a Performance Bond too (yes).
In fact, under the agreement, AMERI gets paid whether or not fuel from the government to produce electricity is forthcoming, and regardless of faults in the national grid.
It is easy to see how generous the deal at this level would have been when one benchmark against reference data globally.
The discount rate in Turkey itself is 5.25%. But the Ghanaian dealmakers felt that such prudence would not earn them any applause for being spectacular. So they upped the ante, and agreed to an additional $150 million on top of this for AMERI.
The party that did not procure the equipment, install a pipe, or turn even a valve on, but rode on the back of METKA and APR to secure the equipment and on PPL and Engineers & Planners to install and turn it on, gets a cool $122 million in NPV terms just for having swag! Frankly, that is where NPV analysis leads us.
And it sure as night follows day exonerates no one. In fact if we use as the discounting rate the cost of borrowing in the local USD credit market and compute the NPV of the margin for AMERI on the deal (relying on our generous EPC project value of $250 million), we get exactly $150 million! That is precisely the amount we overpaid if we measure against the alternative of borrowing from a consortium of local banks to buy the plant outright and getting the authorised supplier, APR, to install and commission. Any which way pro-AMERI analysts dice this, a $150 million loss cannot be argued away. For further clarity, see below a table providing comparative lending rates for various projects in the energy sector. But pro-AMERI analysts seem to believe that they have one ace up their sleeves. In some of the briefings, we have seen the argument appears to be that AMERI is producing cheap power and that cannot be the case if the capital cost of the plant is bloated (though as you can see from the other table attached, the capital cost is indeed the highest in Ghana). Fair point: how can an exorbitantly priced machine produce cheap trinkets? When some of us first heard this argument, frankly, we thought it was a joke. On top of selling the machines to Ghana at an exorbitant price and compelling us to provide fuel to power it, AMERI then went ahead and inserted a cool 0.5 US cents per kilowatt hour charge for the power that we shall be producing from equipment that we are paying for using fuel that we are supplying, netting them a neat $16.6 million a year! And though the agreement says that the plant gets handed over to the Government of Ghana if we keep up with all our payments, they still managed lock the power tariffs in the post-transfer period in an obvious ploy to ensure that even after handing the plant over to us they can still run the show (hence the efforts to get another plant at the Takoradi Power Station handed over to them). The combined tariff of 62 pesewas per kilowatt-hour that AMERI itself discloses in the agreement may be compared with the 2016 August Bulk Generation Charge that PURC has allowed other power plants in Ghana to charge on average: 35.97 pesewas! AMERI is thus, in fact, nearly 75% more expensive than the average power plant in Ghana. And we haven’t even factored in the cost of fuel. Consider that without a revision of the agreement, AMERI will be operating what is, in essence, a separate price-gouging regime in the country, in defiance of the PURC, that shall see Ghanaians paying almost twice for its power if we don’t act soon to shave off some of the $102 million a year it has managed to squeeze out of our diffident State. In view of all the foregoing analysis, IMANI’s simple view is that the Government of Ghana should not relent until it has managed to shave off two million dollars from each monthly payment. Duty calls on every Ghanaian to join this campaign
Mensah Abrampah 8 years ago

The fight against corruption should not be limited to members of the past Administration. It'd be seen as political witch hunting. Instead cast your net wide and rope in everyone who has engaged in any corrupt activity in the ...
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The fight against corruption should not be limited to members of the past Administration. It'd be seen as political witch hunting. Instead cast your net wide and rope in everyone who has engaged in any corrupt activity in the last four years. The fight against corruption is a legitimate fight that must have no political coloration.
Kanawu 8 years ago

This analysis is right on. The NDC government is very very confused. They are still in their stupid propaganda mood. They should all be prosecuted for their corrupt practices...

This analysis is right on. The NDC government is very very confused. They are still in their stupid propaganda mood. They should all be prosecuted for their corrupt practices...
MADAM AKUA DONKOR 8 years ago

Nana Addo must prosecute these corrupt NDC officials & party financiers asap.

Nana Addo must prosecute these corrupt NDC officials & party financiers asap.
Kwame 8 years ago

Start with Ameri Bribery Scandal and 25 Billion Dollars bond conflict of interest.
The 25 members of NPP who went to Dubai to renegotiate the Ameri contract received bribes in various forms.
The chief state lawyer said th ...
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Start with Ameri Bribery Scandal and 25 Billion Dollars bond conflict of interest.
The 25 members of NPP who went to Dubai to renegotiate the Ameri contract received bribes in various forms.
The chief state lawyer said that she has not been informed about the bond that was issued and bought by her company.
Who is the legal adviser to the Minister of Finance and Economic Planning?
Clairvoyant 8 years ago

Please tell HE Nana Addo that our patience is running out.
Prosecute and jail all of them NDC thieves.
Or we unleash the Delta and Invincible forces on them .
Omame boamah, sedinam tamaklo, ativor dzifa, Ibrahim et all.
W ...
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Please tell HE Nana Addo that our patience is running out.
Prosecute and jail all of them NDC thieves.
Or we unleash the Delta and Invincible forces on them .
Omame boamah, sedinam tamaklo, ativor dzifa, Ibrahim et all.
We shall arrest Mahama in a foreign land.

pocket lawyer 8 years ago

It is too much annoying for people to talk about corruption against former NDC officials without naming them or point out or report them to anti corruption agencies for prosecution,as a lawyer and a citizen of Ghana,Mr Ampaw, ...
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It is too much annoying for people to talk about corruption against former NDC officials without naming them or point out or report them to anti corruption agencies for prosecution,as a lawyer and a citizen of Ghana,Mr Ampaw,you have every right to do your national duty as a lawyer to help the government to fight corruption so bring out the names out or better shut up.Martin Amidu,your learned friend and colleague made some wild allegations against NDC on corruption trying to appease Nana Ado for political appointment and after nothing happened for him to get appointed,have you heard about his usual barking anymore?Amidu had already destroyed himself so Lawyer Ampaw go ahead and you will destroy yourself as Martin Amidu.This is your homework.
Odeneho Bright 8 years ago

You said you a lawyer and look at how you talk, what's your facts about okojato and Co? Don't come and dirt people who well respected and go, I'm disappointed in you

You said you a lawyer and look at how you talk, what's your facts about okojato and Co? Don't come and dirt people who well respected and go, I'm disappointed in you
Al Hajj AAA Rashid(OH. USA) 8 years ago

Wow! is this guy a lawyer? He wants people to be prosecuted based on the perception that they are corrupt? Is that not a very dangerous precedent he wants the NPP to set?
Come to think of it the last time I checked Woyome ha ...
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Wow! is this guy a lawyer? He wants people to be prosecuted based on the perception that they are corrupt? Is that not a very dangerous precedent he wants the NPP to set?
Come to think of it the last time I checked Woyome has never been a member of Mahama's administration so what is the lawyer talking about?
Dessie 8 years ago

You all corrupt:none kne in ghana is not corrupt even clegyies that take offering from church members without acountablility is corrupt

You all corrupt:none kne in ghana is not corrupt even clegyies that take offering from church members without acountablility is corrupt
Nana Asumadu sakyi 8 years ago

I beg to differ with you Mr Ampaw. I would rather see them prosecute corrupt individuals of any party regardless of who is in power.it is unfair to just ask for d prosecution of just NDC members.what about other civil servant ...
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I beg to differ with you Mr Ampaw. I would rather see them prosecute corrupt individuals of any party regardless of who is in power.it is unfair to just ask for d prosecution of just NDC members.what about other civil servants who have amassed huge wealth at d expence of d state. ? Without a doubt these people are all corrupt. There may be a few good ones in d basket full of rotten apples. What d country needs is a better investigative body to root out these people. What do you expect when people have to pay bribe before being hired , or a female job applicant have to sleep with an employer before getting a job. My sister lost her job because she refused to sleep with her boss. Who prosecute such crimes? Police recruits are extorted from, before being employed and you expect them to be saints at their jobs after completion of their training. God save Ghana .
PAUL GBAGBLADZA 8 years ago

This Maurice Ampaw guy is a moron. Fool

This Maurice Ampaw guy is a moron. Fool
Lord Garvah 8 years ago

Cheap lawyer who wanted position and wouldn't get.

Cheap lawyer who wanted position and wouldn't get.
Nicholas De Luiz Yeboah .From Gomoa B 8 years ago

The opposition say the true, what your are saying is not true, so that the country can develop well

The opposition say the true, what your are saying is not true, so that the country can develop well
Nicholas De Luiz Yeboah .From Gomoa B 8 years ago

The country will not be musilam

The country will not be musilam
Kay 8 years ago

Good talk but why only NDC official?
What about the NPP official whom Prz Mills failed to prosecute in his time ???

Good talk but why only NDC official?
What about the NPP official whom Prz Mills failed to prosecute in his time ???

Oboy 8 years ago

Good points

Good points
Foster 8 years ago

I think that the lawyer must revise his notes. Alfred Agbesi Woyome have been in the news all this while and still challenging the ruling against him in court. He also mentioned names of corrupt NDC officials that should be p ...
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I think that the lawyer must revise his notes. Alfred Agbesi Woyome have been in the news all this while and still challenging the ruling against him in court. He also mentioned names of corrupt NDC officials that should be prosecuted. He should provide the evidence quickly for action. Lawyer Maurice Ampauw act now.
wrestlemania 8 years ago

A lawyer must come out with progressive and developmental statements and he's not assigned in any way to advise a sensible and capable man like Nana Addo so leave those women who call themselves lawyers.

A lawyer must come out with progressive and developmental statements and he's not assigned in any way to advise a sensible and capable man like Nana Addo so leave those women who call themselves lawyers.
suleman 8 years ago

Maurice Ampaw is sycophant, he should give us a break

Maurice Ampaw is sycophant, he should give us a break
mbangba 8 years ago

Not only NDC but it applies to any government official who engaged him or her self in corruption should be brought to book by the government.

Not only NDC but it applies to any government official who engaged him or her self in corruption should be brought to book by the government.
Owusu kibi 8 years ago

I think we should take our time Nana can do more But he should be carefull not to stop Galamisay because no job for people right now

I think we should take our time Nana can do more But he should be carefull not to stop Galamisay because no job for people right now
KK, 8 years ago

stupid fool indeed ,you talked as if you did your course under tree,the way you have been opening your mouth as a big eating cassava

stupid fool indeed ,you talked as if you did your course under tree,the way you have been opening your mouth as a big eating cassava
nana ama 8 years ago

well thought. that's good of you . we hope his term in office will be a remarkable one.

well thought. that's good of you . we hope his term in office will be a remarkable one.
delta forces 8 years ago

start with ur MF scandal bond

start with ur MF scandal bond
Kweku 8 years ago

Lawyer Ampaw is looking for attention. Wow I think you are a bit late

Lawyer Ampaw is looking for attention. Wow I think you are a bit late
Michael Tuffour 8 years ago

being a gud citizen is a true character respect you lawyer.let's watch Nana for a while

being a gud citizen is a true character respect you lawyer.let's watch Nana for a while
Paul Yin 8 years ago

what is Ampaw saying? he is talking as if he's not a lawyer

what is Ampaw saying? he is talking as if he's not a lawyer

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Prosecute corrupt NDC officials - Maurice Ampaw

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