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Business News Wed, 31 Jul 2019

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NDC chokes on ‘Take-or-Pay’ agreements

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Comment: ATTA-MILLS HERE IS YOUR STONE OO!

Author:
Kwapps
Date:
2019-08-01 07:22:59
Comment to:
NDC chokes on ‘Take-or-Pay’ agreements

“It was the Mahama administration that rather attempted to change this from take-or-pay to PCOA (Put/Call Option Agreement), which means you pay for what you take. As usual, there was a delay in the implementation. We had already started the process of changing to the Put Call Option. It is verifiable."

This man has no shame in saying they were in the process of converting...eight years in office and you were not able to convert a single agreement but were still in the process!!! You were not in any process of converting anything. Mahama invited all these companies so he could receive his share whether they produced electricity or not! How come this NPP administration started to renegotiate all these agreements in year one when NDC and this fool of a finance minister and his boss Mahama were not able to do so in eight freaking years.

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Kwapps on Aug 1, 07:22
ATTA-MILLS HERE IS YOUR STONE OO!