A Ghanaian private legal practitioner, Yaw Oppong, has challenged Akufo-Addo led administration to make available to the public, the demand guarantee documents allegedly forged by the Power Distribution Services (PDS) Ghana Limited.
The Electricity Company of Ghana (ECG) on behalf of government of Ghana on March 1, 2019, signed a concession agreement with PDS, which allowed the latter to manage the distribution business of electricity in the southern sector of the West African country.
However, barely five months after the signing of the agreement, the government has decided suspend PDS, alleging some breaches in the concession agreement.
“The decision follows the detection of fundamental and materials breaches of PDS obligations in the provision of Payment Securities (Demand Guarantees) for the transaction, which have been discovered upon further due diligence,” Information Minister Kojo Oppong-Nkrumah said in a statement.
Speaking on an Accra based Citi FM, lawyer Yaw Oppong said publishing the said documents will help the public get a better look and understanding of the concession fiasco.
“It is important that the guarantees that are at the centre of this discussion are made available to all of us so we can examine it and see what are the anomalies and what these act of fraud that are being complained about so that we will know whether these company that claims that whoever executed the guarantee was not authorized,” he said.
The government has said it will take 30 days to complete its full-scale inquiry into the breaches it detected with the contract of PDS.
Source: www.energynewsafrica.com