General News Thu, 1 Aug 2019
A former UN adviser on governance Prof. Agyemang Duah has urged President Akufo-Addo to name and punish officials in his government who are culpable in the failed PDS-ECG concession deal.In his view, the suspension of the deal by government few months down the line is an indication of a shoddy work done
“We’ll have to fault government and some others officials for not doing thorough due diligence. Rushing major contracts worth millions of dollars will land us in loses if we’re not careful. If the government has had the courage to suspend the contract then it should have that same courage to mention those behind the contract and let them face the law.
“Those who are culpable should be subjected to investigations and the necessary action taken after investigations,” he told Morning Starr host Francis Abban Thursday.
It comes after government announced it has discovered that PDS illegally obtained their demanded guarantee for the deal.
“The Government of Ghana through the Ministry of Finance and the Electricity Company of Ghana (ECG) Ltd. has suspended the concession agreement with Power Distribution Services (PDS) Ghana Limited with immediate effect”.
The statement further said: “The decision follows 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”.
Source: Starr FM