• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV
Sunday, April 2, 2023
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

Gov’t owes us $82m – Ameri Energy

Godwin Akweiteh AlloteybyGodwin Akweiteh Allotey
August 4, 2018
Reading Time: 3 mins read
Boakye Agyarko

Boakye Agyarko

ShareShareShareShare

The energy company, Ameri is threatening to sue the Government of Ghana for defaulting in paying 82 million dollars owed it for services provided.

The company in a letter dated July 31, 2018, addressed to the Minister of Energy, Boakye Agyarko and sighted by citinewsroom.com  said the government has defaulted in paying for several months.

“Through this letter, we would like to serve you this final notice of default of our outstanding payment of $82,660,560.00, duly acknowledged by you through your memo presented to the Parliament dated 25th of July 2018. In this respect, several notices have been duly served and received by your ministry, but no remedial action has been taken.”


[contextly_sidebar id=”ayC5Gxg9M4hOc2ezW4l7u1WsUw8MoXTt”]

“We would like to draw your attention that in the event that your ministry does not settle our outstanding payments immediately, we will be left with no option but to draw down on the standby letter of credit (SBLC) to recover part of our outstanding payments and adopt the legal remedy available to us,” the letter signed by CEO of Ameri Energy, Maher Al Alili warned.

Background

The John Mahama administration in 2015 signed a contract with UAE-based AMERI Energy, to rent the 300MW of emergency power from AMERI a cost of $510 million.

But according to the Akufo-Addo administration, it found out that AMERI had shortchanged the government as they presented an overpriced budget, and were overpaid by $150 million.

The government last week took a new agreement to Parliament to have a new company manage Ameri’s power plant and extend the five-year deal by another ten years.

Under the new agreement, Greece company, Mytilineous International Trading Company, will take over the management of the AMERI power and has offered to pay AMERI an amount of $52,160,560, with the government paying the remaining $39 million to Ameri Energy to wash its hands off the deal entirely.

The new deal “stinks”

But the Minority claims the new deal “stinks” and not in the interest of Ghana.

Addressing a press conference last week, a former Deputy Power Minister, John Jinapor, reiterated the concerns of critics saying it is not justified for the government to push for a deal that would cost over a billion dollars, when with the payment of $225 million in two and half years, the AMERI plant would become the property of state.

The Yapei Kusawgu MP indicated that the President was complicit in the deal especially after some reports suggested that he had given executive approval to the novation agreement.

“It, therefore, sums up that the president is very comfortable with this deal. The President is certainly neck-deep and arms-deep into this whole deal and you cannot but hold the president accountable.”

President Akufo-Addo was misled.

Pro-NPP newspaper, Daily Statesman last week reported that the Energy Ministry’s solo-driven revised deal with the Dubai-based energy equipment provider AMERI would not see the light of day.

According to the newspaper, President Akufo-Addo was reportedly “misled” into granting executive approval for the deal to be rushed through Parliament.

We were not consulted

Ameri Energy in the letter to the Energy Minister said it was not consulted during consideration of the new agreement.

–

By: Godwin Akweiteh Allotey/citinewsroom.com/Ghana
Follow @AlloteyGodwin

ShareTweetSendSend
Previous Post

Accra: Two Russians in court for kidnapping

Next Post

We didn’t know about revised deal – AMERI

Related Posts

Top Stories

Guarantor system in EC’s proposed CI laudable – Issah Fuseini

April 2, 2023

Help solve engineering problems in Ghana – GhIE president to engineers

April 2, 2023
Politics

No govt can tax its way out of an economic mess – Ricketts-Hagan

April 1, 2023
News

VP Bawumia launches digital electronic tax clearance certificate for GRA

April 1, 2023
Business

Passage of new tax bills will adversely affect businesses – GUTA

April 1, 2023
Business

We must prioritise tax efficiency over new tax bills – Prof Bokpin

April 1, 2023
Next Post

We didn't know about revised deal – AMERI

TOP STORIES

Guarantor system in EC’s proposed CI laudable – Issah Fuseini

April 2, 2023

Parliament goes on recess for Easter festivities

April 1, 2023

No govt can tax its way out of an economic mess – Ricketts-Hagan

April 1, 2023
Load More
ADVERTISEMENT
Citinewsroom – Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV

© 2021 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Coronavirus
  • Infographics
  • Livestream
  • Videos

© 2021 All Rights Reserved Citi Newsroom.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT