Professor Baffour Agyemang-Duah, a former United Nations (UN) adviser on governance, has urged the president to name and punish officials in his government who are culpable in the failed Power Distribution Services-Electricity Company of Ghana (PDS-ECG) concession agreement.
“The suspension of the deal by the government few months down the line is an indication of shoddy work done, we’ll have to fault the government and some officials for not doing thorough due diligence.”
It comes after the government announced it has discovered that PDS illegally obtained their demanded guarantee for the deal.
Prof. Agyemang-Duah indicated that “rushing major contracts worth millions of dollars will land us in loses if we’re not careful, if the government has had the courage to suspend the contract, then it should have that same courage to mention those behind the contract and let them face the law, those who are culpable should be subjected to investigations and the necessary action taken after investigations”.
A statement issued by the government said the Government of Ghana through the Ministry of Finance and the Electricity Company of Ghana (ECG) Limited has suspended the concession agreement with PDS Ghana Limited with immediate effect.
It said the decision followed the detection of fundamental and material breaches of PDS’ obligation in the provision of Payment Securities (Demand Guarantees) for the transaction which have been discovered upon further due diligence. -starrfmonline.com
