It has come to light that the Ghana National Gas Company Limited is preparing to engage in a questionable and opaque arrangement with The Gas Gathering Company Limited (TGGL), a company hastily incorporated on March 15, 2022, to oversee the construction of the Atuabo Gas Processing Plant Train 2 (GPP2).
This $812 million project, set under a Build, Co-own, Cooperate, and Transfer (BCCT) agreement, is shrouded in concerns about transparency and accountability, especially given the glaring avoidance of parliamentary scrutiny.
Most troubling is the structure of the Special Purpose Vehicle (SPV), TGGL, which reveals an alarming level of influence from President Nana Addo Dankwa Akufo-Addo’s family. The SPV includes Axxela Ghana Limited (300,000 shares), Jonmoore International Ltd (25,000 shares), and The Intels Group (175,000 shares)—the President’s family company.
This shift from an original consortium to an SPV appears to have been a calculated move to secure the approval of the Public Procurement Authority (PPA) under a Restricted Tendering Method, further raising concerns about undue political manipulation.
It is particularly alarming that Integrated Logistics Bureau Limited (The Intels Group), which lacks any financial or technical track record in the oil and gas industry, was smuggled into this arrangement. The company's only previous involvement in this sector stems from a sole-sourced contract at Ghana Gas’ Takoradi Distribution Station in Aboadze—an endeavor that remains unfinished. The inclusion of this company, whose CEO is believed to be related to the President’s Executive Secretary, raises serious red flags about nepotism, corruption, and an abuse of executive power.
Furthermore, the timing of this shady deal could not be worse. With national elections only two months away, this contract reeks of political maneuvering and exploitation. The people of Ghana are entitled to transparent governance and the responsible use of public funds, not last-minute financial schemes that seem designed to enrich the President’s inner circle at the expense of national development. This deal casts a shadow over the upcoming elections and could severely damage public trust in the integrity of Ghana’s democratic process.
This is not merely a political and an ethical issue; it also borders on illegality. The Ghanaian public deserves full disclosure, parliamentary oversight, and an end to backdoor deals that threaten to undermine both the economy and the principles of democracy.
As the election approaches, Ghanaians must demand accountability and reject any attempt to use state resources for personal or political gain. We call on all stakeholders to halt this deal immediately and subject it to proper legal and parliamentary scrutiny. Let us ensure that Ghana's future is not mortgaged by the actions of a few, but secured for the benefit of all.
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Author, Edward Bawa is a Member of Parliament for Bongo and co-spokesperson on NDC manifesto on energy.
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