K.T. Hammond clamours for AMERI deal cancellation

Adansi Asokwa MP K.T. Hammond insists the Mahama administration made “misrepresentations” to Parliament regarding the $510million Africa and Middle East Resources Investment Group’s (AMERI), power deal and thus wants it cancelled even though he seconded its passage to rent the 300MW emergency power plant at the height of the power crisis in 2015 in his capacity as the ranking member of the Energy Committee of Parliament.

Mr Hammond is now making a U-turn saying the deal is flawed.

“The law allows for procurement to be made and sole-sourced. The government went through that procedure and brought the agreement to Parliament. We agreed on the $510 million, and expected that they would go out there and achieve results the way it had been presented to us. It’s the process that has brought me here. They made so many misrepresentations,” he said.

He presented the following evidence to back his call for the rescission of the deal.

(1) AMERI did not provide fast-track equipment contrary to the agreement. They assigned their interest to a subsidiary known as AMERI Equipment which was registered 13 days after the agreement had been signed with Ghana.

(2) AMERI Equipment (the subsidiary) did not undertake the construction but assigned this to a Turkish Company called PPR without the consent of the government of Ghana as required.

(3) A Turkish company, PPR, bore all financial risk, raised all capital and was paid with money government of Ghana paid AMERI.

Source: GhanaWeb

You may like

2025 WAFU ZONE B: Ghana Defeats Niger 2-0 to Finish Third at 2025 WAFU U20 Championship

Sammy Gyamfi Sues Afia Schwarzenegger for Defamation; Demands GH₵10 Million In Damages 

One Dead in Ejura Fuel Station Fire as GNFS Warns Against Unauthorized Fuel Storage

Woman returns from holiday to find 70 chicks have hatched from eggs she bought

BBC radio presenter dies in car crash while on holiday with family

Family Demands Answers as Body of Ghanaian Student Who Died Mysteriously in Latvia Is Returned Home

Public notice

Mobile applications

Our mobile app is optimized for your phone. Download it for free!

Connect With Us

© 2025, dailypost | All Rights Reserved.
WP Radio
WP Radio
OFFLINE LIVE