New AMERI deal off will not come to pass according to daily Statesman

New AMERI deal off will not come to pass according to daily Statesman

- The new deal was proposed because the Akufo-Addo led government believed the former one was fraudulent

- The new reports look to absolve the president of any wrongdoing in the withdrawal

According to starrfmonline.com, sources inside the Office of the President have told the Daily Statesman that new AMERI deal will not be supported by the government. This is due to belief that the Energy Ministry misled the president on the matter.

According to the report, the president, Nana Akufo-Addo, was told that his executive order was needed before Parliament rose for a break. This means that the presidency acted with misguided urgency.

The new proposal indicates that Greece-based Mytilineos International Trading Company was to assume management responsibility for the AMERI emergency power-generation. The agreement would have seen Mytilineos manage the power generation process for 10 years.

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New AMERI deal off

Minister of Petroleum and Energy Mr Boakye Agyarko. Photo credit: Supplied

President Akufo-Addo is away at the ECOWAS heads of states summit in Togo. When he returns, Mr Akufo-Addo is expected to request further details on the new deal.

The Ministry of Finance as well as the Attorney-General's Department were supposed to have assessed the deal. But the information from the presidency suggests that an assessment would have revealed whatever problems inherent in the deal.

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It is also reported that Bawumia-led Economic Management Team met on Tuesday to discuss the revised deal for the first time and the outcome was that it is not in Ghana’s interest.

The new deal was proposed after the new government claimed that the previous government of Ghana had committed the country to financial loss.

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