$170m Judgement debt: NDC accuses Akufo-Addo gov’t of incompetence, negligence

The opposition National Democratic Congress (NDC) has blamed the Akufo-Addo administration for the financial loss that will stem out of the $170 million judgment debt incurred by the abrogation of an energy contract between the government and a private power producer.

The company, Ghana Power Generation Company, (GPGC) won a 170 million dollar judgment debt against the Government of Ghana at the London Commercial Court of international arbitration earlier this month for the government’s decision.

The erstwhile Mahama administration entered into an agreement with the GPGC for the supply of 107MW of power to help tackle the inadequate power situation in the country.

But at a press conference today, the NDC National Communication Officer, Sammy Gyamfi chastised the government, saying its attempt to parry blame is shameful especially when available evidence in the Dr Ahenkora PPA Committee report, that reviewed a number of agreements by the previous administration did not recommend the termination of the GPGC Agreement.

The Agreement which was signed on 3rd June, 2015 was negotiated by a competent team of technical experts from the then Ministry of Power, the Electricity Company of Ghana, the Volta River Authority and the Office of the Attorney General and Minister of Justice,” Gyamfi stated.

Godfred Dame is Ghana’s Attorney General and Minister for Justice

The NDC described as fraudulent, Attorney General, Godfred Dame’s defense that the Cabinet decision to terminate the contract was informed by the said report.

He said contrary to the false impression, Dr Ahenkorah, who chaired the PPA Committee set by Nana Akufo Addo actually told the Court he could not recollect any such recommendation and dissociated himself.

“In fact, this claim [from the npp] which is contained in an unsigned report making rounds on social media was part of the defenses of the Akufo-Addo government which were outrightly dismissed by the International Arbitration Tribunal in their decision. ”

He continued,” It will interest you to know that during cross-examination at the arbitration proceedings, Dr. Ahenkora, who was the chairman of the PPA committee and a key witness for the Government of Ghana, said that he could not recollect any such recommendation by the committee and dissociated himself from the AG’s advice that recommended the termination of the GPGC EPA.”

“This fact can be found at paragraph 490 of the Arbitral award. This is how much the Akufo-Addo/Bawumia government derilicted in its duty to protect the public purse.”

The NDC also said Government indeed actually conceded to GPGC that the termination was wrong when it presented its documentations.

It referred to paragraph 486 of the Arbitral Award as evidence and said the President, his then Energy Minister, Boakye Agyarko and now Attorney General, Godfred Dame must be held directly responsible for wrongful termination and the associated judgment debts incurred.

It said in spite of the Assurances to reverse the action, government went ahead with its decision yet failed to adduce evidence to back its action.

Sammy Gyamfi further added that after the floppy handling of the case and failing to meet the grace period for an appeal, government hired a British law firm, which eventually abandoned it after realizing, Ghana had a bad case.





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