Edward Bawa, the Member of Parliament for Bongo has fingered the Akufo-Addo family in the alleged shady $812m Ghana Gas deal.
According to the MP, the deal involves the construction of the Atuabo Gas processing Plant Train 2 (GPP2) under a Build, Co-own, Cooperate, and Transfer (BCCT) agreement. “ 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)”.
He noted that $812 million project, set under a Build, Co-own, Cooperate, and Transfer (BCCT) agreement, is wrapped in alarms about transparency and accountability, especially given the obvious avoidance of parliamentary approval.
Hon Bawa further added that, “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.” He reiterated.
The MP also raised alarms about the timing of the deal with two months to the December polls breeds a feeling of political maneuvering and exploitation. “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”.
