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
    Government partners Portage Energy Group on waste-to-energy and aviation fuel project
    May 20, 2026
    State closes case in $2m Sky Train trial involving Ex-GIIF boss and Board Chair
    May 20, 2026
    Enact laws to curb stigmatisation and discrimination intersex persons – IPSOG
    May 20, 2026
    File your response to Abronye DC’s bail by close of day – Court to AG
    May 20, 2026
    First Lady Lordina Mahama honoured by Merck Foundairon for impactful humanitarian programmes
    May 20, 2026
  • Business
    BusinessShow More
    AfCFTA signs major agreements with Ecobank, AGL to boost intra-African trade
    May 20, 2026
    Government partners Portage Energy Group on waste-to-energy and aviation fuel project
    May 20, 2026
    IMF Programme completion does not cancel Ghana’s debt – Dr Philip Takyi
    May 19, 2026
    Zoomlion Kenya begins major transformation of Nairobi waste management system
    May 19, 2026
    APN calls for continent-wide mobile money interoperability following Africa Forward Summit
    May 19, 2026
  • Politics
    PoliticsShow More
    Breaking: High Court grants NPP’s Kwame Baffoe Abronye GHC 100k bail
    May 21, 2026
    State closes case in $2m Sky Train trial involving Ex-GIIF boss and Board Chair
    May 20, 2026
    NPP is a “government-in-waiting”, so shift focus to 2029 – Bawumia to NPP MPs
    May 20, 2026
    Gov’t’s packages for Ghanaians fleeing xenophobic attacks in South Africa ‘fair’ – Int’l Relations Analyst
    May 20, 2026
    Gov’t announces support packages for Ghanaians fleeing xenophobic attacks in South Africa
    May 20, 2026
  • Entertainment
    EntertainmentShow More
    Akua Sonto dominates at Foklex Media Awards; crowned best Morning Show host and best female newscaster in Greater Accra
    May 20, 2026
    Mr. Berry honoured as Drive Time Presenter of the Year at 15th Foklex Media Awards
    May 18, 2026
    Ultimate FM’s MC wins Morning Show Host of the Year at 2026 Foklex Media Awards
    May 18, 2026
    Grammy announces date for 2027 awards nominations
    May 14, 2026
    Asiama’s debut single, first nomination and First TGMA win mark a rare trifecta of firsts
    May 13, 2026
  • Sports
    SportsShow More
    Ghana targets bigger gains at 2026 FIFA World Cup – Kofi Adams
    May 20, 2026
    Mikel Arteta leads Arsenal to 2025/26 Premier League title after 22 years
    May 19, 2026
    Pep Guardiola set to leave Man City with Maresca expected to takeover
    May 19, 2026
    Team Ghana wins multiple medals on day 3 of African Athletics Championships
    May 15, 2026
    Antoine Semenyo nominated for Premier League Player of the Season after stellar campaign
    May 14, 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
    Government partners Portage Energy Group on waste-to-energy and aviation fuel project
    May 20, 2026
    Mikel Arteta leads Arsenal to 2025/26 Premier League title after 22 years
    May 19, 2026
    Pep Guardiola set to leave Man City with Maresca expected to takeover
    May 19, 2026
    Health expenditure must be viewed as investment linked to economic growth – Mahama
    May 18, 2026
    OECD conference: Ghana calls for shift from aid dependency, pushes practical global development partnerships
    May 18, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Govt moves to amend AMERI deal
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.
BusinessGeneral

Govt moves to amend AMERI deal

Starrfm.com.gh By Starrfm.com.gh Published July 26, 2018
Share
Former Minister of Energy Boakye Agyarko
Minister of Energy Boakye Agyarko
SHARE

The government on Wednesday laid a paper in Parliament for the amendment of portions of the controversial $510 million AMERI deal.

It follows a motion filed by the Adansi-Asokwa Member of Parliament KT Hammond for Parliament to cancel the AMERI agreement due to what he calls “misrepresentations” by the company when the deal was presented to the House under the Mahama Administration.

The paper seeking to amend the deal was referred to the Joint Committee on Finance and Mines and Energy for consideration and report by the First Deputy Speaker Joseph Osei-Owusu.

The Mahama administration signed a $510 million contract with AMERI to build power plants, own and operate it for five years before transferring it to the Government of Ghana during the energy crisis in 2015.

This was done on a sole-source basis after a meeting between the former President of the Republic of Ghana and the Crown Prince of Dubai.

The NPP then in opposition described the agreement as a “stinking deal” which will be re-looked at when it assumes power.

A 17-member committee established by the Energy Minister Boakye Agyarko advised the government to re-negotiate the $510m power deal with UAE-based AMERI energy after a report revealed it was over-priced by $150million.

But the Attorney General Gloria Akuffo warned the Energy Ministry to dismiss plans of terminating the AMERI deal because it will end up in huge damages against the Government of Ghana.

In responding to two letters from the Energy Minister requesting for legal advice to suspend monthly payment to AMERI, the attorney general kicked against the move because “the deal is valid” and satisfies Ghana’s procurement processes.

Ms Akuffo noted the Government of Ghana “entered into a very unfavourable agreement with AMERI”, adding the only way out is for the government to “renegotiate the deal with AMERI with a view to achieving a more favourable term.”

She added that “for the GoG to extricate itself from the highly unfavourable BOOT agreement without paying damages and or penalties to AMERI, there is a need to demonstrate that the agreement was procured by illegal means either through fraud or corruption or in breach of the PPA: however, for GoG to make such claims it is imperative to gather sufficient relevant evidence to establish whether or not the BOOT agreement is tainted by fraud or corruption.”

However, speaking to Starr News’ Ibrahim Alhassan on May 29, the former deputy Energy Minister stated that even though the deal did not breach any law, it must be terminated because parliament was deceived to have the deal passed.

“I had come by documents which the Attorney General doesn’t know off…and by reading the documents…I formed the clear impression that we were misrepresented to, we were deceived and that destroys the legal validity of the agreement that parliament gave to the agreement.

“If I had known the true calculations that had gone into it I together with my group would not have supported it, we will not have recommended it to parliament and critically I would not have seconded the motion…so the argument is that the based on what has now come out, the agreement that was passed by parliament is not valid. The AG didn’t deal with that.”

Source: Ghana/Starrfmonline.com/103.5FM

You Might Also Like

AfCFTA signs major agreements with Ecobank, AGL to boost intra-African trade

Government partners Portage Energy Group on waste-to-energy and aviation fuel project

State closes case in $2m Sky Train trial involving Ex-GIIF boss and Board Chair

Enact laws to curb stigmatisation and discrimination intersex persons – IPSOG

File your response to Abronye DC’s bail by close of day – Court to AG

TAGGED:Ameri deal
Share This Article
Facebook Twitter Email Print
Share
Previous Article SC Dismisses Injunction application against Sch. of law Entrance Exams
Next Article Can’t wait to sing Kojo Antwi’s lyrics – S3fa

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?