Wednesday, 30 December 2015

KARPOWER AND AMERI DEALS ARE ECONOMICALLY IMPRUDENT AND FRAUDULENT



KARPOWER AND AMERI DEALS ARE ECONOMICALLY IMPRUDENT AND FRAUDULENT

As good citizens of Ghana, we have followed the AMERI and Karpower deals with keen interest.
We have read most of the critcisms and defences in relation to these deals from Government, Opposition Parties and Civil Society Organisations when they cropped up and we have come to the conclusion that, these two deals are economically imprudent and fraudulent.

Our settlement on these being fraudulent and economically imprudent after our careful analysis of statements issued from all angles on these issues are as below;

Two very wealthy countries, Egypt and Abu Dhabi especially in a comparison with Ghana are each constructing 1800MW and 1600MW Power Plants respectively at an average cost of $1.4 billion each while the AMERI deal and the Karpower together are getting Ghana only 500MW at an estimated price of close to $2 billion.

Secondly, checks from the AMERI deal shows that, AMERI as the third party in this deal is doing nothing to earn a payment since METKA as the second party is doing the procurement of the 10 Gas Power Plants from the manufacturer, General Electrical (GE)  in addition to the engineering, construction, building, operations and maintenance of the Power Plants all at a total cost (with profit) of not more than $350million (payable in 5 years).
Meaning there is an excess of $160 million dollars from the stated $510 million cost of the 10 Gas Power plants by Government being kept by AMERI for a no job done, unless there is a job being done by AMERI Group to merit this $160 million which might be known to Government but unknown to us.

We are as a result of the above saddened at why President Mahama and his NDC led Government could still be this continously heartless to Ghanaians after his already push of Ghana into this current bad economic conditions.

Thank you.


Mr Kwadwo Anim.......... 004915213807663
(A Leading NPP Member, Germany)

Nana Kwadwo Akwaa... 00233246913905 / 00233209676413
[A Member, Critical Thinkers International (CTI)]

1 comment:

  1. Wouldn't there be difference in who carries the price risk for fuel when you compare running your own power plant versus buying power from an IPP on a per kWh-basis????
    Or are you paying the turks for the plant, per kWh and for the fuel?

    ReplyDelete