Skip to main content

ACEP warns government not to review AMERI contract


By: Fred Yaw Sarpong
sarpong@gmail.com

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.

Comments

Post a Comment

Popular posts from this blog

CIMG holds strategic marketing conference

By: Fred Yaw Sarpong The Chartered Institute of Marketing, Ghana (CIMG)’s annual strategic marketing conference will take place at the Golden Tulip hotel in Accra between October 26 and 27, 2016. The conference is part of the institute’s mission to improve on the performance of marketers, professionals and administrators within corporate Ghana. The theme for the conference; “Democracy and National Cohesion: Marketing a new Political Paradigm.” Mr. Kwabena Akuamoah Agyekum, the Executive Director of CIMG said the conference seeks to promote the CIMG advocacy mission to impact on professional, corporate organizations and officialdom. He mentioned that four resource persons are billed to present papers over the two day event covering very exciting and insightful segments of the theme under the chairmanship of the Marketing Woman for Year 2015, Ms. Maidie Elizabeth Arkutu, Managing Director of Unilever and Dr. Doris Dartey, a Media Consultant. Mr. Agyekum said the speake...
Post a Comment
Read more

Vodafone Ghana gets new CEO

The Board of Directors of Vodafone Ghana have appointed Haris Broumidis as the new Chief Executive Officer (CEO). His appointment took effect from July 15, 2013. Haris Broumidis joined Vodafone in 2002 as the Marketing Director and Enterprise Unit Director in Vodafone Greece and moved on to Vodafone Albania as the CEO in 2007. Under his leadership, Vodafone Albania became the undisputable leader in the telecoms sector. In 2012, he joined Vodafone Group in its h eadquarters, London, as the Commercial Director for Europe. Among several other responsibilities he was tasked with the acceleration and implementation of Vodafone’s commercial priorities in European markets. He brings on board several years of experience and a winning strategy to strengthen Vodafone Ghana’s number two position in Ghana’s telecom market and also make it the undisputed leader for enterprise. Haris Broumidis is from Greece and studied Economics at the University of Athens. He pursued his MBA at the ...
Post a Comment
Read more

Barbering Salons, bridging the unemployment gap in Ghana

By: Fred Yaw Sarpong Barbering business in Ghana is money making venture, depending on the location of the shop. Various barbering shops scattered across the country charges according to the location of the shop. The nature and sustainability of every barbering shop depends on the location of the shop. The location will determine how much one can charge a customer for barbering his or her hair. Checks indicate that some barbering shops located at Spintex, East Legon and Osu Oxford street charges between GHc15.00 and GHc20.00 per hair cut. At South La Estate, it will cost a customer to pay GHc4.00 for hair cut, while one will have to pay GHc3.00 to barber his or her hair at a place like Nima, Maamobi and Mallam Gbawe. Royal Vulture Executive Barbering Salon is one of the biggest barbering salons one can locate within Accra. One is its shops is located at Madina, near Taxi rank while one is located at Accra New Town, near the Post Office. Customers at Madina pay GHc7.00 ...
7 comments
Read more