Ghana’s Minister –designate for Justice and Attorney General, Godfred Yeboah Dame, has refuted claims that there was corruption in the Power Distribution Services (PDS) deal with the Electricity Company of Ghana.
According to him, there was actually no basis for the allegations which were peddled by some members of the public to the effect that there was corruption in the whole transaction.
“There is actually no basis for the allegations of corruption in this transaction,’’ he said while answering questions before the Appointments’ Committee of Parliament on Friday, February 12, 2021.
The Government of Ghana, through ECG and private entity Power Distribution Services (PDS), entered into an agreement for the latter to take over the distribution services business of ECG under the Ghana Power Compact II from March 1, 2019.
However, the government, in October same year, terminated the transaction on the basis of invalid insurance guarantee issued by Al-Kook, a Dubai-based insurance company to PDS.
Responding to the a question from Alexander Afenyo Markins, a panel member and MP for the Ewutu Constituency at the Appointments’ Committee of Parliament, the nominee stated that there was no corruption in the deal, adding that Ghana did not lose anything in the transaction.
He commended ECG whose due diligence led to the detection of the invalid demand guarantee.
“It was actually the ECG itself …the Board and MD of ECG that ascertained the authenticity of the demand guarantee that had been issued…it was actually the effort of the ECG and it must commended,’’ Mr. Dame said.