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Hon Andrew Egyapa Mercer Denies Being PDS Director, Punches NDC For The Rumour

 

The Member of Parliament for Sekondi, Hon. Andrew Egyapa Mercer has vehemently shot down allegations of being a Director of Power Distribution Services (PDS).

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Deputy Energy Minister, William Owureku Aidoo, has revealed that initial investigations into the botched power concession agreement with PDS point to a grand plan to deceive the state.

“It appears to be a grand scheme to hoodwink…we are not talking about just small boys trying to do something. This was a grand scheme that has been perpetrated and I am happy to say that we have found out,” he said.

He made the revelation in response to criticism that the government failed to adequately interrogate the Conditions Precedent in the agreement to give the management of the Electricity Company of Ghana (ECG) to PDS.

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Disputing the allegations in an interview with Kwame Tutu on Anopa Nkomo on Accra based Kingdom FM, the Sekondi MP, claimed he was only engaged as a lawyer to register the TG Energy Solutions Ghana in 2014 and was never a Director at PDS.

‘I was Director and Secretary to the TG Energy Solutions Ghana and not PDS’, he emphasized.

Lawyer Mercer, also claimed he was not aware that TG Energy Solutions Ghana was participating in the ECG concession process until the agreement came before Parliament.

He attributed the intrigues to politics of the opposition National Democratic Congress (NDC) adding it’s one of their wiles to soil the Nana Addo led NPP government with unsubstantiated corruption allegations.

Government of Ghana in the late hours of Tuesday, July 30 announced the abrogation of the contract with Power Distribution Services barely six months after the company took over from the Electricity Company of Ghana.

In an interview with Kwame Tutu on Wednesday, Information Minister Kojo Oppong Nkrumah disclosed that “the decision follows the detection of fundamental and material breaches of PDS obligation in the provision of Payment Securities (Demand Guarantees) for the transaction which has been discovered upon further diligence.

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The Demand Guarantees were key prerequisites for the lease of assets on 1st March 2019 to secure the assets that were transferred to the concessionaire.

It further indicated that steps were underway to unveil the details that went into it as the government is conducting a full inquiry into the matter.

The five companies involved in the consortium are; Manila Electric (Meralco) of The Philippines, 30 per cent; Aenergia SA (Angola), 19 per cent; Santa Baron Ventures Ghana, 13 per cent; TG Energy Solution Ghana,; GTS Engineering Ghana Limited, 10 per cent, and TBK Ghana Limited, 10 per cent.

By : Aboagye Frank Jackson / Kingdom 107.7 FM / Kingdomfmonline.com / Ghana / 2019 

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