09 September 2016

We haven’t been served with ECG ‘privatization’ suit – MiDA

owura-kwaku-sarfoThe Millennium Development Authority (MiDA) has told Citi Business News it has not been served with any suit on the concession of the ECG.

MiDA on Wednesday [September 7, 2016] released a statement announcing that Compact two has entered into force despite a law suit against it.

A member of the opposition NPP’s communications team, Saaka Salia sued MiDA arguing that it is not fit to participate as an adviser, in the concession arrangement for the ECG.

Joined to the suit are the PURC, the Attorney General’s office, and Energy Commission. Mr. Salia further argued MiDA breached Ghana’s laws after it authored and circulated a draft tariff methodology.

But speaking to Citi Business News, the Director of Communication and Outreach at MIDA, Pamela Djamson-Tettey disclosed that the authority has not been served any writ.

According to her, the authority has heard rumours but not received any document to that effect. Under the compact II, Ghana is expected to get over US dollars 498 million dollars to execute six projects.



Source: Citifmonline.com


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