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ACEP warns government not to review AMERI contract

By: Fred Yaw Sarpong

The African Centre for Energy Policy (ACEP), an energy think-tank has warned the government not to consider reviewing the AMERI power deal, because it may end up causing financial lost to the state.

Mr. Benjamin Boakye, the Deputy Executive Director at ACEP said government decision to renegotiate the AMERI deal is dangerous and it can put the government in a big trouble.

Speaking to the Daily Express he pointed out that revisiting the AMERI contract will not favour Ghana.  “AMERI was just doing business so they can’t be held responsible for anything,” he added.

He mentioned that “some portion of the Philip Addison’s report doesn’t match on what the final part put out, especially concerning the contract termination.”

“Ghanaians should bear in mind that AMERI used government’s own security to get the money to address Ghana’s energy challenge. AMERI will have to agree to the negotiation. We cannot compel them,” he stated.

Mr. Boakye made mention that Ghana can call for renegotiation of the deal if the government finds fresh evidence that go against the initial deal. “If that is not the case, then we cannot call the deal a fraudulent act,” he reiterated.

Meanwhile, the previous National Democratic Congress (NDC) administration has rejected claims that the deal was overpriced.

A 17-member committee, led by Lawyer Philip Addison tasked to look into the contract recommended for a review of the deal or abrogation after raising amount of over US$150 million commission paid to AMERI Energy.

According to the committee, there are problems with regard to the technical, financial and legal side of the US$510 million power contract signed between Ameri Energy and the Ghana government.


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