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
    Quantum LC, WBHO donate €75,000 heater-cooler unit to National Cardiothoracic Centre
    September 12, 2026
    School placement crisis is self-inflicted – Awudu Ishaq
    September 11, 2026
    Ending double-track without more SHS capacity could leave thousands out – Ofosu Ntiamoah
    September 11, 2026
    Over 313,000 students seek just 76,417 category A SHS places – Nat Tetteh
    September 11, 2026
    Political privilege undermines fairness in school placement – Awudu Ishaq
    September 11, 2026
  • Business
    BusinessShow More
    Sunbeth Global Concepts launches Sustainability Report, becomes first Nigerian agricultural firm to adopt IFRS S1 and S2 Standards
    September 11, 2026
    Ahantaman Community Bank appoints Samuel Nyanzu Ackah as new CEO
    September 9, 2026
    Nilee Consult to host 5th Business Growth Accelerator Workshop in Accra
    September 9, 2026
    B5 Plus calls for import bans to protect Ghanaian manufacturers and create jobs
    September 8, 2026
    Christian Council commends GoldBod on responsible gold management
    September 8, 2026
  • Politics
    PoliticsShow More
    Mahama swears in three Supreme Court Justices; calls for judicial independence and faster justice delivery
    September 11, 2026
    Political privilege undermines fairness in school placement – Awudu Ishaq
    September 11, 2026
    Ghana Cannot Continue to Love the Diaspora’s Money and Fear Its Voice
    September 11, 2026
    SA evacuation: Minority demands detailed account of ¢16m Engineers and Planners contribution
    September 10, 2026
    You’re the backbone of party structures – Afoko rallies NPP women
    September 10, 2026
  • Entertainment
    EntertainmentShow More
    Ghanaian Gospel Music legend, Bernice Offei dies
    September 12, 2026
    Starr FM set to premiere ‘Morning Rounds with Dr Sompa’ on September 5
    September 3, 2026
    Kojo Antwi, Meiway to unite African music fans in London for historic concert
    August 31, 2026
    Dissolve Creative Arts Ministry; it offers no support to industry players – Shatta Wale
    August 31, 2026
    God told me in 2012 He was shifting my ministry – Ohemaa Mercy
    August 31, 2026
  • Sports
    SportsShow More
    Ghana unveils female mini football national team, targets rise to Africa’s summit
    September 3, 2026
    Open Letter to Kofi Adams: Give Ghana Two Hybrid Pitches and Establish a Lasting Legacy 
    September 2, 2026
    World Cup Fundraising Committee must clarify Shatta Wale’s GH¢5m claim – Wonder Mandel
    August 31, 2026
    Sports Ministry not responsible for GH¢5m Shatta Wale debt – Minister’s aide
    August 30, 2026
    EduSpots launches its Digital Champions Programme
    August 28, 2026
  • Technology
    TechnologyShow More
    Samsung Galaxy S26 FE Delivering Latest Flagship AI, Camera Experiences
    August 27, 2026
    YEA CEO urges youth to avoid recording private sexual activities amid rise in leaked videos
    August 20, 2026
    Here’s Why Samsung Galaxy Z Fold8 Is Perfect Device for Your Favourite Content – Pre-Order Today!
    August 18, 2026
    Nearly 1,000 scam numbers linked to fake Google profiles targeting Ghana food chains – TrustGH
    August 17, 2026
    NYA CEO urges youth to use social media for positive change, not violence
    August 12, 2026
  • International
    InternationalShow More
    In Pictures: Chef Abbys showcases Ghanaian cuisine at London’s Black On The Square
    September 8, 2026
    Chef Abbys arrives in London ahead of Black On The Square, set for BBC Radio interview
    September 4, 2026
    Edibeck Consult’s cultural Exchange Delegation engages Ghana Embassy in Belgium
    September 3, 2026
    Chef Abbys to showcase Ghanaian cuisine at London’s Black On The Square Festival
    September 2, 2026
    EIB’s Joshua Kodjo Mensah appointed Official Host of Global Entrepreneurship Festival
    September 1, 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

Ghanaian Gospel Music legend, Bernice Offei dies

Quantum LC, WBHO donate €75,000 heater-cooler unit to National Cardiothoracic Centre

School placement crisis is self-inflicted – Awudu Ishaq

‘We’ll expose their shameless hypocrisy’ – Apaak fires back at NPP over CSSPS criticism

Ending double-track without more SHS capacity could leave thousands out – Ofosu Ntiamoah

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?