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Cediweb.com > Blog > General News > Kwabena Donkor’s comments on $140m judgement debt irresponsible – Boakye Agyarko
General News

Kwabena Donkor’s comments on $140m judgement debt irresponsible – Boakye Agyarko

Last updated: October 26, 2023 5:50 pm
King Thoth
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Former Energy Minister, Boakye Agyarko has described as unfortunate and irresponsible some comments made by Dr. Kwabena Donkor with regards to a $140 million judgement debt the country has been hit with.

This was after the former Power Minister said parliament must probe all NPP officials who were involved in the decision to terminate the power purchase agreement with the Ghana Power Generating Company (GPGC), including the then-Energy Minister.

According to Dr. Kwabena Donkor, the termination of the GPGC contract “made no sense commercially and legally” at the time.

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Speaking on PM Express on Tuesday, October 24, he also argued that the failure of the government to negotiate the termination and opt for reasonable options is to blame for the situation at hand.

But reacting to the claims by the Pru East MP, Mr. Agyarko said he is disappointed with the assertions by the former Power Minister who should know better.

Mr. Agyarko stressed that as the then Energy Minister, neither him nor his Ministry had the authority to cancel or terminate a contract of such nature.

“An Inter-Ministerial Committee was set up under the chair of the Energy Commission to review the fiscal and legal implications of Power Purchase Agreements (PPAs) executed by the Electricity Company of Ghana (ECG). The eighteen (18) member committee was chaired by Dr. Alfred Ofosu Ahenkora, Executive Secretary of the Energy Commission.

“Its report was submitted on 5th April, 2019 under ref EC/MOE/17.

“The report was subsequently put before Cabinet for consideration and action. Cabinet directed that the report be further reviewed by the Attorney-General. This was done.

“Cabinet subsequently gave its approval for the recommendation of the report to be implemented,” he explained.

Source: myjoyonline.com

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