By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    A/R: Mahama cuts sod for 1,000-unit Green City Housing Project at Dedesua
    May 9, 2026
    Rent Control Commission cracks down on exorbitant hostel fees around KNUST
    May 9, 2026
    Energy Minister assures Kumasi of stable power supply by third quarter of 2026
    May 8, 2026
    High Court overturns US$33.3m arbitral award against Justmoh Construction
    May 8, 2026
    Man arrested for allegedly issuing death threats to Police and military in viral video
    May 8, 2026
  • Business
    BusinessShow More
    Ghana Mine Workers Union hails Heath Goldfields for settling $22 million legacy debt
    May 8, 2026
    High Court overturns US$33.3m arbitral award against Justmoh Construction
    May 8, 2026
    DDEP contributed to BoG losses, but they are “stabilisation costs” – Felicity Nelson
    May 7, 2026
    BoG losses not justified by inflation gains – Dr. Kwasi Nyame-Baafi
    May 6, 2026
    Stakeholders push for National Soybean Strategy to strengthen Ghana’s agribusiness sector
    May 6, 2026
  • Politics
    PoliticsShow More
    A/R: Mahama cuts sod for 1,000-unit Green City Housing Project at Dedesua
    May 9, 2026
    Tell the public you’re the cause of the delays, not the Judiciary – Judge fumes at Wontumi’s lawyers in Samreboi trial
    May 7, 2026
    Former NPP Chairman, Afoko meets Bawumia, Akufo-Addo et al for Unity talks
    May 7, 2026
    Ghana, UAE to deepen energy cooperation, explore oil storage and renewable transition
    May 7, 2026
    Calls for accountability were a national fight, not an NDC agenda – Hamza Suhuyini
    May 7, 2026
  • Entertainment
    EntertainmentShow More
    Gospel legend Yaw Sarpong goes home on May 9 in Kumasi
    May 7, 2026
    Kojo Antwi to headline 2026 EU-Ghana Golden Jubilee event
    May 6, 2026
    Ghana’s Film Industry Is Not Broke, It Is Stuck
    May 5, 2026
    Best Girlfriends Podcast announces kid influencer Simply Mary as new fourth host
    May 5, 2026
    TGMA 2026 AOTY battle: Wendy Shay is the Yaa Asantewaa of Ghana music today – MC Portfolio
    May 2, 2026
  • Sports
    SportsShow More
    World Athletics President arrives in Ghana for 24th African Seniors Athletics Championship
    May 9, 2026
    Damba Marathon 2026 gains royal endorsement after courtesy visit to Gbewa Palace
    May 9, 2026
    Joseph Paul Amoah confident as Team Ghana prepares for 24th African Athletics Championship in Accra
    May 8, 2026
    PSG hold Bayern to reach back-to-back Champions League finals
    May 6, 2026
    Carlos Queiroz names Pre-World Cup squad; drops big names, calls up 6 local players
    May 6, 2026
  • Technology
    TechnologyShow More
    Yahoo Finance spotlights Katon Meet as a strong video conferencing platform
    May 7, 2026
    African-Led ANH-ARC platform launches in Ghana to transform food systems, nutrition and health
    May 2, 2026
    Amardeep Singh Hari named Ghana’s most influential tech entrepreneur of all time
    April 30, 2026
    Yellow Card publishes 2026 report on data protection and AI governance
    April 23, 2026
    Master AI and cybersecurity to fight fake news – Dr Zanetor Rawlings to Ghana’s youth
    April 22, 2026
  • International
    InternationalShow More
    World Athletics President arrives in Ghana for 24th African Seniors Athletics Championship
    May 9, 2026
    Deputy Transport Minister expands China visit to tourism, arts and cultural cooperation
    May 7, 2026
    PSG hold Bayern to reach back-to-back Champions League finals
    May 6, 2026
    Arsenal beat Atletico Madrid to secure Champions League final spot
    May 6, 2026
    Ghana to host global leaders for reparatory justice conference after landmark UN resolution
    May 4, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: $510m Ameri deal: Mahama govt did no wrong – Bawa
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
GeneralHeadlines

$510m Ameri deal: Mahama govt did no wrong – Bawa

Starrfm.com.gh By Starrfm.com.gh Published March 27, 2017
Share
SHARE

Appointees of the erstwhile-Mahama administration are challenging a report by the Energy ministry suggesting that the Ameri deal was overpriced by 150 million dollars.

The 17-member committee put together by the Energy Minister Boakye Agyarko was chaired by Lawyer for Akufo-Addo in the 2012 election petition Philip Addison.

The report found technical, financial and legal lapses in the 510 Million Dollar power contract signed between Ameri Energy and the Ghana government.

The committee said although the contractor that built the plant charged 360 Million Dollars, Ameri forwarded a bill of 510 Million Dollars in the B.O.O.T agreement.

The committee said this is not equitable, informing its recommendation that Ameri should be invited for renegotiation of the 150 Million Dollar commission.

The Addison committee said if Ameri turns down the invitation, government should renounce the contract on the basis of fraud.

The committee accused the Mahama administration of failing to do due diligence before awarding the contract since it did not have any information on the shareholders and directors of AMERI and other third parties.

It also said AMERI does not have a license to operate the plants in Ghana which is contrary to section 11 and 25 of the Energy Commission Act.

The committee also questioned the penalties charged Ameri for failing to provide power at the agreed levels, insisting that these are punitive enough although government pays Ameri a monthly amount of 8.5 Million Dollars.

It also called for a review of tax exemptions granted AMERI and its third parties.

But in a conversation with Starr News, former Power Minister Dr. Kwabena Donkor said he did nothing fraudulent in the negotiation of the deal.

He added that he is currently consulting his lawyers on the report by the Energy Ministry.

Meanwhile, former Energy Consultant for the Energy Ministry Edward Bawa said the deal was the best for Ghana during that time since the country was in some sort of financial constraint.

“The government at that time did not have money to go for an outright purchase which could have been cheaper to the state, but we didn’t have the money so the only way was to get an investor…this was a deal which was approved by Parliament so it was not just at the discretion of the ministry of energy or power.”

You Might Also Like

A/R: Mahama cuts sod for 1,000-unit Green City Housing Project at Dedesua

Rent Control Commission cracks down on exorbitant hostel fees around KNUST

Energy Minister assures Kumasi of stable power supply by third quarter of 2026

High Court overturns US$33.3m arbitral award against Justmoh Construction

Man arrested for allegedly issuing death threats to Police and military in viral video

TAGGED:AmeriENERGYGhanaMahama
Share This Article
Facebook Twitter Email Print
Share
Previous Article Fifa to pay Coleman’s £50,000-a-week wages after double leg break
Next Article MPs need more protection – Bryan Acheampong

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?