Ranking Member on Parliament’s Energy Committee, John Abdulai Jinapor is alleging that President Akufo-Addo terminated the power purchase agreement between Trafigura’s Ghana Power Generation Company (GPGC) and the government to teach someone a lesson.
According to him, someone had stepped on the President's toe, and as such the contract was terminated to prove a point, only for the NPP administration to turn around and sign a similar agreement with another company.
Speaking on Joy FM’s Top Story on Thursday, August 22, he said “I am telling you that this termination was because of a family feud between some family members of the president on one hand and the other.
“When we assume office, you will get to know the real truth and the rationale behind the termination. They did not terminate the contract because they had Ghana’s interest at heart. It is because they wanted to teach somebody a lesson. They extended their own family problem into governance and terminated this contract and today you and I [are paying for it],” he said.
However, Mr Jinapor said he was saddened because the next administration of the National Democratic Congress (NDC) would have a lot of things to correct.
His comments come after the oil conglomerate Trafigura, took over one of the country’s most important commercial properties, the Regina House in London, following the failure of the government to pay up a $134 million judgment debt.
For four years Trafiguara has been unsuccessful in getting the government of Ghana to pay up the judgement debt awarded to the energy firm after the abrupt termination of a power purchase agreement.
Read Also: Terminating GPGC contract didn’t make sense – Kwabena Donkor on $140m judgement debt
This situation forced Trafigura to secure another Judgement in the United States courts which awarded a mandatory interest on the default of 111.4 million dollars which remains the arrears to be paid by the Republic of Ghana.
Read Also: Trafigura judgement debt: Did AG, Energy Ministry sleep on the job? – Dr Donkor asks
Latest Stories
-
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
23 mins -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
24 mins -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
24 mins -
Mr Daniel Kofi Asante aka Electrician
25 mins -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
30 mins -
Election 2024: Engagement with security services productive – NDC
31 mins -
Retain NPP for the good of Ghana – Rebecca Akufo-Addo
31 mins -
‘Let’s work together to improve sanitation, promote health outcome’ – Sector Minister urges
32 mins -
Ellembelle MP cuts sod for six-unit classroom block at Nkroful Agric SHS
36 mins -
‘I’ll beat the hell out of you if you misbehave on December 7’ – Achiase Commanding Officer
38 mins -
AFPNC leads the charge on World Prematurity Day 2024
44 mins -
Court remands unemployed man over theft of ECG property
50 mins -
Election security rests solely with the police – Central Regional Police Command
52 mins -
NCCE engages political youth activists at Kumbungu on tolerance
53 mins -
‘In Mahama’s era students lacked chalk, but are now receiving tablets’ – Bawumia
1 hour